NES The Contract Life Cycle: Using the CMBOK as Your Guide (P. 1)

Feb 17, 2022 12:00 pm - 3:00 pm
This is a two-day (held over two weeks) interactive seminar.   Participants will try their hands at specific job tasks required of contract managers throughout the contract life cycle: pre-award, award, and post-award.  Live | virtual | 7.0 CPE/CLP | $230 member | $287 non-member
 

The Contract Life Cycle: Using the Contract Management Body of Knowledge (CMBOK)® as Your Guide 

Dates: Thursday, February 17, 2022 and February 24, 2022
This is a 2-day event (held over 2 weeks) you must attend both days to receive credit
Time: 2:00 PM - 5:00 PM EST on both days
Location: Virtual via Zoom 

Speakers:

  • Irvin Gray, CPCM, CFCM, CCCM, Assistant General Counsel for Contracts, Honeywell Federal Manufacturing & Technologies, LLC
  • Shene' Commodore, CPCM, Fellow, President, Commodore Consulting, LLC
 
Description: 
 
 In this interactive seminar, participants will try their hands at specific job tasks required of contract managers throughout the contract life cycle: pre-award, award, and post-award. Expert practitioners will lead participants as they explore specific examples and case studies at each stage using NCMA’s Contract Management Body of Knowledge® (CMBOK®) as their guide.

Join us if you are in the early years of your contract management career and are seeking a comprehensive perspective on the business of contracting. If further along in your career, join us to begin preparing for your Certified Professional Contract Manager (CPCM) with this introduction to the CMBOK®.

Required Reading:   NCMA’s Contract Management Body of Knowledge® (CMBOK®) is required for this course.  This is a must-have reference for contract management professionals, based on our internationally recognized third party standard.  Registrants will receive a 50% off discount code to purchase the CMBOK® upon registration in NCMA's bookstore.  Please allow 48hrs to receive this code after registering.  

 

Learning Objectives:

  • Build a federal solicitation
  • Build a solicitation plan
  • Outline the steps in the typical market research cycle
  • Select the appropriate contract type based on risks
  • Select the appropriate contracting method (IFB, RFP, etc.) based on goals
  • Outline elements of a typical statement of work
  • Apply the OFPP Myth busting Memos to buyer-seller communication.
  • Evaluate a solicitation
  • Determine whether an offer has a fair and reasonable price
  • Document a best-value tradeoff decision
  • Outline contract administration steps
  • Process requests for equitable adjustments and claims
  • Recognize how claims can escalate into appeals to the appropriate court or board
  • Describe the hybrid nature of subcontract management
  • Outline the six-step contract changes management process for government changes
  • Respond to a cure notice, a show-cause notice, and a termination for default decision
  • Describe the hybrid nature of subcontract management
  • Outline the six-step contract changes management process for government changes
  • Respond to cure notice, a show-cause notice, and a termination for default decision

Content: 

Introduction

  • CMBOK® framework
  • CMBOK® Competencies: overview
  • Contract Life Cycle
  • Intro activity: pre-award, award, and post-award in context of competency system

 Unit 1: Pre-Award

  • Pre-award process competencies and job tasks
  • Plan solicitation
  • Request offers
  • Plan sales
  • Prepare offer
  • Pre-award case study

 Unit 2: Award

  • Award process competencies and job tasks
  • Price or cost analysis
  • Plan negotiations
  • Select source
  • Manage disagreements

Award Case Study Unit 3: Post-Award

  • Post-award process competencies and job tasks
  • Administer contract
  • Ensure quality
  • Manage subcontracts
  • Manage changes
  • Close out contract
  • Post-award case study
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