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

  • Date: 04/21/2021
  • Start Time: 8:00 AM Central Time
  • End Time: 5:00 PM Central Time
  • Location: Fergus Falls, MN
  • Hosted By: Minnesota Chapter of NIGP
  • Instructor: Mr. Michael E. Bevis, JD, CPPO, CPSM, C.P.M, NIGP-CPP
    Chief Procurement Officer
    Mr. Michael E. Bevis, JD, CPPO, CPSM, C.P.M, NIGP-CPP

    Professional Certification(s) obtained: CPPO, CPSM, C.P.M, PMP

    Michael Bevis, JD, CPPO, CPSM, C.P.M., PMP was a Member of the Board of Directors of the National Institute of Governmental Purchasing, is active as a “Purchasing Management Assistance Program” consultant and instructor for NIGP, and has been a member and past Chairman of the NIGP National Research Committee.

    He also teaches procurement (private sector practices) at DePaul University in Chicago. He holds several professional certifications including Certified Public Purchasing Official (CPPO), Certified Purchasing Manager (C.P.M.), and Project Management Professional (PMP). He is a graduate of Georgetown University Law Center (J.D.), and has pursued post graduate studies at DePaul University, North Central College and Northern Illinois University where he is currently a Ph.D. candidate. Prior to focusing on procurement and supply management he practiced law in Illinois, Ohio, and before several Federal courts. His clients have been as diverse as the Cincinnati Bengal’s football team, the Catholic Archdiocese of Chicago, and the Chicago Symphony Orchestra.

    He has focused his efforts on procurement and supply management leadership for the past 18 years and his experiences have included Deputy Purchasing for the City of Chicago and Purchasing Manager for the Chicago Park District, he is currently Chief Procurement Officer for the City of Naperville, Illinois a position he has held for the past eight years. In his current position he has primary responsibility for a 160 million dollar annual spend that. His procurement experiences have included projects as diverse as the City of Chicago 911 Emergency Center (~$250 million) and the acquisition of bulk energy for the Naperville electric utility (~$437 million).

    He is a recognized leader in “green” procurement initiatives and has spoken at several national conferences on the topic he also has been recognized for his professionalism and leadership with several local, regional and national awards including Professional Purchasing Manager of the Year 2005 from the National Institute of Governmental Purchasing and manager of the Year 2004 from the Illinois Association of Public Procurement Officials; in addition the City of Naperville is a 10 time winner of the National Purchasing Institute’s Achievement of Excellence in Procurement Award, the NIGP Innovation Award 2006, 100% Certification Awards (3 years) and the only municipality to have earned the prestigious Pareto Award of Excellence from NIGP.

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

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.

Competency Module: Cost, Price, and Value Analysis (Member: Early)$285.00 02/20/2021
Competency Module: Cost, Price, and Value Analysis (Member: Standard)$310.0002/21/202104/15/2021
Competency Module: Cost, Price, and Value Analysis (Non-Member: Early)$385.00 02/20/2021
Competency Module: Cost, Price, and Value Analysis (Non-Member: Standard)$410.0002/21/202104/15/2021
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 Apr 15, 2021)
Spots available: 22


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


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.


  • Eight-hour, Virtual classroom experience

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


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:Lisa Truax


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 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. 

Register Today

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

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