Course

On Demand: Cost, Price and Value Analysis

  • Instructor: Online Learning
    Online Learning
    Phone: 800-367-6447Fax: 703-736-9644
    Online, self paced learning, anytime, anywhere you want. Be sure to check out all the ONLINE offerings we have! Recommendations? Comments? Please send us an email at the address listed above. We'd love to hear from you!
  • Level: Foundation
  • Format: On Demand
  • Contact Hours: 3
  • CEUs: 0.3
Financial data synthesis is crucial for making informed decisions in public procurement. NIGP’s On Demand: Cost, Price and Value Analysis is a 12-hour, activity-based learning experience covering cost analysis, price evaluation, and stakeholder collaboration. Acquiring these skills will enhance your ability to justify expenditures based on public needs, making you a more competent and valuable procurement professional in today's dynamic market. This course is designed to equip you with the necessary tools to excel in your procurement career, offering practical insights into value analysis, make or buy decisions, and leasing versus renting options.
Pricing:
PriceCostBeginsEnds
Member - On Demand: Cost, Price & Value Analysis$115.0005/24/202112/31/2054
Non-Member - On Demand: Cost, Price & Value Analysis$165.0005/24/202112/31/2054
Member - On Demand: Cost, Price & Value Analysis $115.00
Non-Member - On Demand: Cost, Price & Value Analysis $165.00

Objectives

By the end of this course, students will be able to:

  • Identify questions to determine cost, price, and value opportunities
  • Identify the different types of costs
  • Determine how much something should cost
  • Perform a value analysis
  • Perform a make or buy analysis
  • Determine if something should be leased or rented

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

  • Complete all On-Demand content
  • Complete the final assessment examination with a score of 72% or higher

Competency Alignment

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

  • Requirements Planning & Understanding
  • Standardization
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    Miscellaneous

    Payment Information

    • Register online with credit card
    • 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) 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
    12007 Sunrise Valley Drive, Suite 110
    Reston, VA 20191

    Cancellation Policy

    There are no refunds, all sales are final.

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    On Demand: Cost, Price and Value Analysis

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