Course

Competency Module: Cost, Price, and Value Analysis

Name: Competency Module: Cost, Price, and Value Analysis
Author: NIGP

Date: 03/14/2025
Start Time: 10:00 AM Eastern Time
End Time: 7:00 PM Eastern Time
Instructor: Mr. Michael E. Bevis, Esq., NIGP-CPP, JD, CPPO, CPSM, DBIA, CJP, FNIGP, C.P.M.
Chief Procurement Officer
Mr. Michael E. Bevis, Esq., NIGP-CPP, JD, CPPO, CPSM, DBIA, CJP, FNIGP, C.P.M.
Michael.Bevis@norfolk.gov
Michael Bevis is an internationally recognized thought leader in the public procurement profession. He is currently Chief Procurement Officer for the City of Norfolk, Virginia, where he is charged with integrating business, technology, operations and budgeting goals to further the City’s commitment to grow Norfolk’s economy and adopt programs that build a solid foundation for partnering with the business community. His prior purchasing experiences have included Purchasing Agent for Arlington County, Virginia; Chief Procurement Officer for the City of Naperville, Illinois; Deputy Director of the Federal Acquisition Institute in Washington DC; Deputy Purchasing Agent for the City of Chicago and Purchasing Manager for the Chicago Park District. He also practiced law in Ohio, Illinois and before several US Federal courts before focusing on Procurement Management. Michael is passionate in his support of fellow professionals. He currently serves the Chair of the Center for Job Order Contracting Excellence and in the immediate past Chair of the Governing Board of NIGP the Institute for Public Procurement; he also represents the International Federation of Purchasing and Supply Management on the Global Standards Board. Michael’s professionalism has been recognized by NIGP (Distinguished Service Award, Pareto Award of Excellence, Manager of the Year, Outstanding Agency Accreditation and Innovation awards), IFPSM (the Lewis Spangler Award), National Purchasing Institute (Achievement of Excellence in Procurement – awarded to his jurisdictions 16 times). Michael’s teaching experiences include 23 years as an Instructor for NIGP, independent curriculum and training development for various agencies. He has presented academic papers and taught professional development classes throughout North America, Latin America, Africa, Asia and Europe. He served as an Adjunct Professor at Old Dominion University, the University of Maryland and he has taught at DePaul University in Chicago, IL (both Procurement and Project Management Curriculums). Michael is a graduate of Georgetown University Law School (JD), Lincoln Memorial University (BA magna cum laude) and has completed post graduate studies at North Central College (Leadership Studies) and Northern Illinois University (Public Administration). He holds the NIGP-CPP, a CPPO from the UPPCC and the CPSM and lifetime CPM from the Institute for Supply Management.
Level: Foundation
Format: Virtual Instructor-Led
Contact Hours: 8
CEUs: 0.8

Focus Areas:

Planning and Analysis
Cost, Price, and Value Analysis

Understanding financial data for competent decision-making is essential for procurement professionals. NIGP’s Competency Module: Cost, Price, and Value Analysis is a foundation-level online course emphasizing these skills. By mastering cost and price analysis, professionals can justify expenditures based on public need. This course equips learners with tools to enhance their procurement practices, ensuring optimal value for their organizations and fostering career growth in the industry.

Pricing:

Price	Cost	Begins	Ends
Competency Module: Cost, Price, and Value Analysis (Member: Standard)	$340.00	01/14/2025	03/12/2025
Competency Module: Cost, Price, and Value Analysis (Non-Member: Standard)	$440.00		03/12/2025

Competency Module: Cost, Price, and Value Analysis (Member: Standard) $340.00
Competency Module: Cost, Price, and Value Analysis (Non-Member: Standard) $440.00
(prices valid until Mar 12, 2025)

Spots available: 22

Objectives

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

Evaluate cost and price data to determine total cost of ownership to an entity.
Compare the price of a commodity against the benefit to be derived by the entity to determine whether the expenditure is justifiable.

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

In order to successfully earn a digital badge in the Cost, Price & Value Analysis competency, learners must:

Complete any pre-work materials provided prior to the course start date.
Attend and participate in the entirety of the instructional event.
Complete the post-course evaluation survey available in Aspire.
Complete the final assessment examination with a score of 71% or higher.

Competency Alignment

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

Standardization
Requirements Planning and Understanding

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

Sessions

March 14, 2025

Competency Module: Cost, Price, and Value Analysis

March 14, 2025
Competency Module: Cost, Price, and Value Analysis

Cancellation Policy

Registration and payment must be received 24 hours prior to the course start date. After this time, registrations will be based on space availability.  A full refund, less a $75 administrative fee will be given for cancellations made in writing 31+ days prior to the seminar date by emailing RegistrationInfo@nigp.org. No refunds are given for cancellations received within 24 hours of the seminar start date. There are no refunds for no-shows. If the seminar is cancelled for any reason, NIGP's liability is limited to the registration fee only.

Attendee substitutions within the same agency may be done at any time with email notification to NIGP. If attending via scholarship, please provide documentation verifying the scholarship issuer's name and contact information in lieu of payment information.

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