Pathways

Competency Module: Economics, Budget, Financial Management & Accounting

Competency badges form the building blocks of the Certificates Program. You get laser-focused learning in any of the individual competencies that make up the Public Procurement Competency Framework. Competency badges are given after completing any one of the 33 competency modules and successfully passing the assessment.

Course Availability:

View upcoming dates for this course.

June 24, 2021
Institute Member: Standard $310.00
Non-Member: Standard $410.00
(prices valid until Jun 18, 2021)
Time: 8:00 AM - 5:00 PM Eastern Time
Instructor: Ms. Lourdes ( Maria de Lourdes) Coss, CPPO
Level: Advanced
Virtual Instructor-Led

Description

A critical role that procurement practitioners serve is the responsible and conforming use of funds. Practitioners must understand the regulations surrounding specific purchases, and plan future purchases based on fund availability.  

NIGP’s Economics, Budget, Financial Management, and Accounting is course creates a dedicated learning experience where students leave with the ability to:

  • Properly classify an expenditure.
  • Identify non-compliant purchases.
  • Determine if funds are available.
  • Identify what provisions/limitations should be included in the solicitation.
  • Work with departments to shift funds when needed.
  • Project when funding will be available to manage the purchase.
  • Plan capital purchases.
  • Make appropriate decisions regarding the encumbrance of funds.
  • Identify total cost of ownership.

Objectives

In order to successfully earn a digital badge, learners must:

  • Schedule a procurement based on funding attributes.
  • Oversee and direct all spend-related activities to promote greater efficiency and effectiveness by engaging in the continuous process of controlling and analyzing entity spend.

 


Intended Audience

This course is targeted to individuals who meet or exceed the following professional demographics: 

  • Mid-level public procurement and central warehouse professionals who serve as senior buyers, managers, directors, or equivalent functions within their respective entities.  
     
  • Non-procurement managers and supervisors who either provide procurement functions that support entity programs under delegated authority, or who already have a good understanding of basic procurement principles but wish to get more in-depth, hands-on training. 
     
  •  Professionals who are employed by local governing entities and special authorities (such as K-12 and higher education, publicly owned utilities, transportation providers, and other publicly funded or created entities) who either serve within or manage the procurement function.
     
  • Supplier managers and supervisors seeking to understand the public procurement function from a more in-depth holistic level, including the policies, standards, and procedures by which public entities must function. 

Delivery Formats Available

Virtual until 2021

In-Person in 2021
(To schedule, contact events@nigp.org)

Contact Hours

4.0

CEUs

0.4

UPPCC BOK Alignment

Domain 5

Length

In-Person (Virtual until 2021) - 1/2 Day

Level

Advanced

Designed for public procurement professionals who have at least five years’ experience.

NIGP-CPP Exam Alignment

Area 7: Business Principles & Operations

Available in these learning formats...

 Virtual (until 2021)

This format combines the best of in-person learning by offering live participation with instructors and peers.


  In-Person (As of 2021)

Instructor led discussion style classroom setting for those who prefer focused learning with maximum in-person interactions with instructors and peers.

1/2 Day Zoom

  • Digitally-based learning experience housed in Aspire, NIGP’s learning management system.

Zoom Virtual Learning Event

Attendance is mandatory and required for successful course completion. The Zoom meeting link and login information is distributed via email at the start of the course.

Completion Requirements

In order to successfully complete the NIGP Competency Module, learners must:

  • 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 80% or higher.

1/2 Day Course

To schedule in-person, contact events@nigp.org

 

Completion Requirements

In order to successfully complete the NIGP Competency Module, learners must:

  • 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 80% or higher.