Course

On Demand: Cost, Price and Value Analysis

  • Instructor: Online Learning
    Online Learning
    Phone: 800-367-6447Fax: 703-736-9644
    Online, self paced learning, anytime, anywhere you want. Be sure to check out all the ONLINE offerings we have! Recommendations? Comments? Please send us an email at the address listed above. We'd love to hear from you!
  • Level: Foundation
  • Format: On Demand
  • Contact Hours: 3
  • CEUs: 0.3
Skills in cost analysis, price analysis, and value analysis are crucial for procurement professionals to make informed decisions based on financial data. NIGP’s On Demand: Cost, Price and Value Analysis is a self-paced, activity-based learning experience that hones these skills, enabling better justification of expenditures aligned with public needs. Mastering these skills enhances career growth by ensuring efficient procurement processes, effective stakeholder management, and strategic decision-making in cost management and value maximization. This course equips professionals with the tools to excel in public procurement, driving organizational success and personal advancement.
Pricing:
PriceCostBeginsEnds
Member - On Demand: Cost, Price & Value Analysis$115.0005/24/202112/31/2054
Non-Member - On Demand: Cost, Price & Value Analysis$165.0005/24/202112/31/2054
Member - On Demand: Cost, Price & Value Analysis $115.00
Non-Member - On Demand: Cost, Price & Value Analysis $165.00

Objectives

By the end of this course, students will be able to:

  • Identify questions to determine cost, price, and value opportunities
  • Identify the different types of costs
  • Determine how much something should cost
  • Perform a value analysis
  • Perform a make or buy analysis
  • Determine if something should be leased or rented

Intended Audience

This offering is targeted to individuals who meet or exceed the following professional demographics:  

  • Entry-level public procurement and central warehouse professionals who serve as assistants, coordinators, buyers, or equivalent functions within their respective entities.   

  • Non-procurement managers and supervisors who are responsible for either the procurement function or staff who provide procurement functions under delegated authority.   

  • Professionals who are employed by governing entities and special authorities (such as K-12 and higher education, publicly-owned utilities, transportation providers, and other publicly-funded or created organizations) that either serve within or manage the procurement function.  

  • Suppliers or representatives of suppliers seeking to understand the public procurement function from a holistic level, including the policies, standards, and procedures by which public entities must function.  


Completion Requirements

  • Complete all On-Demand content
  • Complete the final assessment examination with a score of 72% or higher

Competency Alignment

Get a Core Certificate: Foundations of Planning & Analysis by adding these competency modules:

  • Requirements Planning & Understanding
  • Standardization
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    Miscellaneous

    Payment Information

    • Register online with credit card
    • Register online and upload a Purchase Order
    • Register by fax and download the print & fax form

    *FORM OF PAYMENT MUST ACCOMPANY REGISTRATION FORM FOR ORDER TO BE PROCESSED

    Methods of Payment Accepted: Check (make checks payable to NIGP), Purchase Orders (via print and fax form or online), and Credit Cards (Master Card, Visa, and American Express).

    If paying by check, please make check payable to NIGP and send payment to:
    NIGP, Attn: Seminar Registration
    440 Monticello Avenue Suite 1802
    PMB 63452
    Norfolk, VA 23510

    Cancellation Policy

    There are no refunds, all sales are final.

    Register Today

    On Demand: Cost, Price and Value Analysis

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