Course

Competency Module: Cost, Price, and Value Analysis VIRTUAL CLASS

  • Date: 06/08/2021
  • Start Time: 8:00 AM Eastern Time
  • End Time: 5:00 PM Eastern Time
  • Location: Hagerstown, MD
  • Hosted By: Maryland Public Purchasing Association, Inc. Chapter of NIGP
  • Instructor: Mr. Michael B. Gustafson, CPPO, CPPB, MBA
    RETIRED
    Mr. Michael B. Gustafson, CPPO, CPPB, MBA

    Mike recently retired from the Commonwealth of Kentucky on August 1, 2016. While he was with the State, Mike was in the Office of Procurement Services (OPS) in the Finance and Administration Cabinet (FAC) where he was a Strategic Procurement Specialist II.


    Mike began his procurement career with the State in April 2000. During this time he had the responsibility of creating and administering the Master Agreement Contracts for many of the transportation related items - Fleet vehicles, school buses, tires, tractors, mowers, backhoes, all terrain vehicles, boats, aircraft, Fleet fuel, diesel and propane fuels. Most recently Mike had been the subject matter expert on all types of insurance, advertising, marketing, and digital media services, office supplies, and public safety and law enforcement items.


    He worked with many State Agency representatives in the development of Request for Bids (RFBs) and Request For Proposals (RFPs) which resulted in Contracts and Master Agreement Contracts for their use. These were for the use of many of the State Agencies, local governments (cities and counties), schools, and universities.


    In addition to Mike’s State procurement-related experience, Mike has management supervisory experience. His supervisory responsibility and accountability were for various size U.S. Army active-duty units (as a Platoon Leader for a 35-person platoon and as a Battery Commander for a 150-person Air Defense Artillery battery.) He had responsibility for office staff management in logistical and supply-related active and reserve-duty offices. Mike served as an Instructor as well as a Regional Coordinator for 6 years in the Command and General Staff Officer College (CGSC) and taught various strategic and logistical courses to military personnel. Mike retired from the US Army Reserves with 28 years of service.


    Mike has served as the supervisor for the procurement office / warehouse in an automotive Tier 1 parts supplier. Mike insured that the procurement and warehousing activities were accomplished in a timely manner to allow for uninterrupted parts production and delivery.


    Mike received his Certified Public Procurement Officer (CPPO) certification in November 2008 and his Certified Professional Public Buyer (CPPB) certification in April 2002. Prior to his retirement, Mike also served as a member of the Kentucky Public Procurement Association (KPPA) Board of Directors and was the Chairperson of the Education, Professional Development, and Certification Committee.


    In his new role as being retired, Mike plans to continue facilitating NIGP courses.

    Contact information:

    Email: mikegustafson54@gmail.com




    On the Faculty of:

    CPPB Prep

    CPPO Prep

    Contract Administration in the Public Sector

    Developing and Managing Requests For Proposalsin the Public Sector

    Introduction to Public Procurement

    Sourcing in the Public Sector

    Strategic Procurement Planning

    The Legal Aspects of Public Purchasing

  • Level: Foundation
  • Format: In-Person
  • Contact Hours: 7.5
  • CEUs: 0.8

This course has been converted to Virtual delivery

When working with end users and stakeholders, the ability to synthesize and incorporate various financial data in support of the most competent decisions is a powerful tool for the public procurement professional. By evaluating cost and price data, procurement professionals can better justify expenditures based on the public need.

Pricing:
PriceCostBeginsEnds
Competency Module: Cost, Price, and Value Analysis (Member: Early)$285.00 04/09/2021
Competency Module: Cost, Price, and Value Analysis (Member: Standard)$310.0004/10/202106/03/2021
Competency Module: Cost, Price, and Value Analysis (Non-Member: Early)$385.00 04/09/2021
Competency Module: Cost, Price, and Value Analysis (Non-Member: Standard)$410.0004/10/202106/03/2021
Competency Module: Cost, Price, and Value Analysis (Member: Standard) $310.00
Competency Module: Cost, Price, and Value Analysis (Non-Member: Standard) $410.00
(prices valid until Jun 3, 2021)
Spots available: 23

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 82% or higher.

Please Note: The final assessment passing score may change prior to the date of the course based on an assessment audit. The necessary score will be communicated to students during the course proper.

Competency Alignment

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

  • Standardization
  • Requirements Planning and Understanding
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Miscellaneous

Post-Course Assessment

As outlined above, all students must successfully complete a timed post-course assessment upon completion of the learning experience. Assessments can be taken up to three (3) times to achieve a passing score. If a learner is unsuccessful in achieving a passing score within these attempts, they will be required to take the course again. For the NIGP Cost, Price & Value Analysis competency, students will have 60 minutes to complete all questions in the assessment, with any questions not answered being marked “Incorrect” within Aspire. Once learners receive access, they will have ten (10) calendar days to complete the assessment. Students who do not complete the assessment within this time frame will be required to retake the course.


Pre-Work Requirements

Prior to entering the classroom environment, students will be enrolled in the following self-paced courses to learn and practice necessary concepts.

  • NIGP has not currently identified if pre-work is necessary for this core certificate. Should pre-work be identified, learners will receive the materials two weeks prior to the physical start date. Contact hours will be adjusted to include pre-work.

Length

  • Eight-hour, Virtual classroom experience potentially including pre-class assignments at least two weeks in advance of the course and post-class follow up within one week.

Registration Information

** Receive a $25 early registration discount by registering 60 or more days in advance of the course. 


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
2411 Dulles Corner Park, Suite 350
Herndon, VA 20171

Local Contact

Name:Tamara Roberts
Phone:202-962-1412
Email:TJRoberts@wmata.com

Sessions

Cancellation Policy

Registration and payment must be received 30 days prior to the seminar 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 30 days 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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Competency Module: Cost, Price, and Value Analysis VIRTUAL CLASS

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