Pathways

Competency Module: Market Analysis and Forecasting

Competency badges form the building blocks of the Certificates Program. You get laser-focused learning in any of the individual competencies that make up the Public Procurement Competency Framework. Competency badges are given after completing any one of the 33 competency modules and successfully passing the assessment.

Course Availability:

View upcoming dates for this course.

October 31, 2024
Competency Module: Market Analysis and Forecasting (Member: Standard) $340.00
Competency Module: Market Analysis and Forecasting (Non-Member: Standard) $440.00
(prices valid until Oct 29, 2024)
Time: 8:00 AM - 5:00 PM Eastern Time
Instructor: Danny Mays, NIGP-CPP, CPPO, CPSM, CPSD, CPPB
Level: Advanced Practitioner
Virtual Instructor-Led
November 25, 2024
Competency Module: Market Analysis and Forecasting (Member: Standard) $340.00
Competency Module: Market Analysis and Forecasting (Non-Member: Standard) $440.00
(prices valid until Nov 21, 2024)
Time: 8:00 AM - 5:00 PM Eastern Time
Instructor: Ms. Carolyn L. Everett, CPPO, CPPB
Level: Advanced Practitioner
Virtual Instructor-Led
May 1, 2025
Competency Module: Market Analysis and Forecasting (Member: Early) $272.00
Competency Module: Market Analysis and Forecasting (Non-Member: Standard) $440.00
(prices valid until Mar 2, 2025)
Time: 8:00 AM - 5:00 PM Eastern Time
Level: Advanced Practitioner
Virtual Instructor-Led

Description

Critical to the planning and analysis function of the procurement professional, the ability to incorporate strategic analysis and tracking tools in conjunction with prevailing market trends empowers the alignment of procurement with cross functional stakeholders. The ability to apply both qualitative and quantitative data in support of strategic decision making is one of the most successful tools in the procurement professional’s toolkit.


Objectives

In order to successfully earn a digital badge, learners must:

  • Incorporate strategic analysis and tracking tools to determine the needs of internal stakeholders in concert with prevailing market trends.
  • Apply quantitative analysis, qualitative analysis, and data in decision making.
  • Apply intelligence gleaned through continuous, broad-based research and analysis in order to arrive at the most suitable approach for procuring and distributing commodities needed by the entity.

Intended Audience

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

  • Mid-level public procurement and central warehouse professionals who serve as senior buyers, managers, directors, or equivalent functions within their respective entities.   

  • Non-procurement managers and supervisors who either provide procurement functions that support entity programs under delegated authority, or who already have a good understanding of basic procurement principles but wish to get more in-depth, hands-on training.   

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

  • Supplier managers and supervisors seeking to understand the public procurement function from a more in-depth holistic level, including the policies, standards, and procedures by which public entities must function.  

Delivery Formats Available

Virtual Instructor-Led

In-Person

Contact Hours

8

CEUs

0.8

Level

Advanced Practitioner

Designed for public procurement professionals who have at least five years’ experience.

Length

In-Person and Virtual  - 1 Day

NIGP-CPP Exam Alignment

Area 3: Planning & Analysis

UPPCC BoK-C

Domain 2

Available in these learning formats...

 Virtual Instructor-Led

This format combines the best of in-person learning by offering live participation with instructors and peers.


 In-Person

Instructor led discussion style classroom setting for those who prefer focused learning with maximum in-person interactions with instructors and peers.

1 Day Course

To schedule in-person, contact events@nigp.org

 

Completion Requirements

In order to successfully complete the NIGP Competency Module, learners must:

  • 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 81% or higher.