CMG 301 Fundamentals of Contract Management/Administration
The language of contracting and contract management such as: the nature of the contracting process, contract terms, contract conditions, contract content, pricing arrangements, contractual vehicles, the differences between contracts for supplies and contracts for services, how public and private contracts differ; and how to write a contract administration plan to meet the customer's cost, schedule and performance requirements. The three phases of the contracting management process are discussed: pre-contract award management, contract management techniques after the contract award, and management and monitoring contract/contractor performance. Prerequisite: MGT 280; MGT 302