The Contract Life Cycle: Using the Contract Management Body of Knowledge (CMBOK)® as Your Guide
Wednesday, December 1, 2021
9:00 AM - 5:00 PM EST
Omni Shoreham Hotel - Washington, DC
*In-Person only
Details and Registration: This training is being offered in conjunction with the Government Contract Management Symposium (GCMS). To learn more and to register, click here.
Speakers:
- Irvin Gray, CPCM, CFCM, CCCM, Assistant General Counsel for Contracts, Honeywell Federal Manufacturing & Technologies, LLC
- Shene' Commodore, CPCM, Fellow, President, Commodore Consulting, LLC
In this interactive seminar, participants will try their hands at specific job tasks required of contract managers throughout the contract life cycle: pre-award, award, and post-award. Expert practitioners will lead participants as they explore specific examples and case studies at each stage using NCMA’s Contract Management Body of Knowledge® (CMBOK®) as their guide.
Join us if you are in the early years of your contract management career and are seeking a comprehensive perspective on the business of contracting. If further along in your career, join us to begin preparing for your Certified Professional Contract Manager (CPCM) with this introduction to the CMBOK®.
Participants will receive a copy of NCMA’s CMBOK®, the must-have reference for contract management professionals, based on our internationally recognized third party standard.
Learning Objectives:
- Build a federal solicitation
- Build a solicitation plan
- Outline the steps in the typical market research cycle
- Select the appropriate contract type based on risks
- Select the appropriate contracting method (IFB, RFP, etc.) based on goals
- Outline elements of a typical statement of work
- Apply the OFPP Mythbusting Memos to buyer-seller communication.
- Evaluate a solicitation
- Determine whether an offer has a fair and reasonable price
- Document a best-value tradeoff decision
- Outline contract administration steps
- Process requests for equitable adjustments and claims
- Recognize how claims can escalate into appeals to the appropriate court or board
- Describe the hybrid nature of subcontract management
- Outline the six-step contract changes management process for government changes
- Respond to a cure notice, a show-cause notice, and a termination for default decision
- Describe the hybrid nature of subcontract management
- Outline the six-step contract changes management process for government changes
- Respond to cure notice, a show-cause notice, and a termination for default decision
Content:
Introduction
- CMBOK® framework
- 7 CMBOK® Competencies: overview
- Contract Life Cycle
- Intro activity: pre-award, award, and post-award in context of competency system
Unit 1: Pre-Award
- Pre-award process competencies and job tasks
- Plan solicitation
- Request offers
- Plan sales
- Prepare offer
- Pre-award case study
Unit 2: Award
- Award process competencies and job tasks
- Price or cost analysis
- Plan negotiations
- Select source
- Manage disagreements
Award Case Study Unit 3: Post-Award
- Post-award process competencies and job tasks
- Administer contract
- Ensure quality
- Manage subcontracts
- Manage changes
- Close out contract
- Post-award case study
Conclusion
Register for this NES on the GCMS website.
Click here to register today!