Risk Management in Public Sector Contracts

Accredited Icon    Contact Hours 16CEUs Classroom 1.5CEUs Online 1.6UPPCC Domain 2 AlignmentUPPCC Domain 4 Alignment

Objectives and Intended Outcomes

Upon successful completion of this course participants will be able to:

  • Identify the components of the risk management process.
  • Describe each phase of the four-phase process model for managing risk.
  • Assess types and levels of risk associated with a procurement project.
  • Identify risk management tools and associate these tools with different types of risk.
  • Utilize a risk management plan to identify, assess, and handle procurement-related risks.
  • Integrate risk management practices into contract administration.

Intended Audience

This advanced course is intended for people who deal with complex contracts.

Description

Risk is a critical consideration in the contracting and procurement process. A thoughtful and proactive approach toward risk, as it relates to specific procurement actions, contributes to the success of contract performance. Risk is directly related to the successful achievement of targeted goals and objectives. The emphasis of this course is on developing a solid understanding of the complexities of risk management. The course content recognizes the importance of planning, monitoring, and proactive insight and oversight into risk areas related to the contract’s stated performance outputs and outcomes. Practical examples, discussion, group exercises, and case studies will be used throughout the course.


​Prerequisites

Completion of Contract Administration in the Public Sector is recommended

Requirements of Participants to Receive Certificate of Completion

  • Attendance at the entire course is mandatory. NIGP does not issue partial CEU credits or contact hours.
  • In order to receive credit for the course, participants must pass a final assessment
  • A course evaluation must be completed prior to the completion of the course.
  • Students will receive the Certificate of Completion after completing the final assessment and course evaluation.

NIGP’s complete Continuing Education Units (CEU) Policy Statement

WAYS TO TAKE THIS COURSE:

NIGP Face to Face Classroom Courses

Face-to-Face

2 Day Course
  • Course Outline

  • CEUs

Take this class online

ONLINE

​6 weeks
  • Course Outline

  • CEUs

Key

UPPCC Domain Alignment

Domains Key

NIGP is authorized by IACET to offer CEU Credits for this program. To learn more about IACET and CEU Credits, visit www.iacet.org.  

The instructor has no proprietary interest in the development or marketing of this seminar and no financial interest in NIGP.

TextBook
Textbook provided for Face-to-Face Courses

ebook
ebook provided for Online Courses

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