Course

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

  • Date: 05/24/2022
  • Start Time: 8:00 AM Eastern Time
  • End Time: 5:00 PM Eastern Time
  • Instructor: Ms. Bobbie Tolston, CPPO, CPPB, NIGP-CPP
    Supervisor of Purchasing
    Ms. Bobbie Tolston, CPPO, CPPB, NIGP-CPP
    Bobbie Tolston, CPPO, CPPB Bobbie is a veteran who served in the U.S. Navy and received an honorable discharge. She graduated Cum Laude from Northeastern Illinois University where she earned a Bachelor’s Degree with a concentration in Business Administration. She has over 19 years of public procurement experience. Bobbie is currently the Supervisor of Purchasing for Harford County Public Schools where she oversees the day to day activities of purchasing and the distribution center. She has been successful with spearheading the implementation of several Enterprise wide technology enhancements during her career. These enhancements were geared towards streamlining business processes and increasing staff efficiencies and productivity. Bobbie has a broad range of procurement experience and utilizes her knowledge by assisting agencies to cultivate their procurement department. She has experience working with water utilities, local, and municipal government agencies. She has developed training programs for procurement professionals (i.e. procurement cards, procurement processes and procedures, etc.). In addition, she has provided training to various minority business during “How to do Business” outreach events. Bobbie is very passionate about the procurement profession and enjoys sharing her passion with others. She oftentimes acts as a mentor to other procurement professionals. It is her belief that by sharing her knowledge and experiences with others, this helps the procurement profession to grow! Bobbie has enjoyed being a member of NIGP since 1999.
  • Level: Foundation
  • Format: Virtual Instructor-Led
  • Contact Hours: 7.5
  • CEUs: 0.8

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 (Institute Member: Standard)$310.00 05/18/2022
Competency Module: Cost, Price, and Value Analysis (Non-Member: Standard)$410.00 05/18/2022
Competency Module: Cost, Price, and Value Analysis (Institute Member: Standard) $310.00
Competency Module: Cost, Price, and Value Analysis (Non-Member: Standard) $410.00
(prices valid until May 18, 2022)
Spots available: 24

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  in advance of the course and post-class follow up within one week.

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


Sessions

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. 

Register Today

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

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