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120 - Cost and Price Analysis

This web-based, self-paced course can be accessed through the Procurement U Learning Management System (LMS).
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Delivery Method:

Web Based Training (WBT) - Self Paced

Contact Hours:

3

Registration:

FREE (funded by NASPO at no cost to you)

This course is funded by NASPO to be FREE for everyone.

Type: self-paced, online

Description: This Procurement U online course examines the use of cost analysis and price analysis as tools in public procurement, particularly when reviewing responses to a solicitation. The course defines both analysis types and describes methods used in their application. The course also discusses the impact of different pricing decisions and outlines factors to consider when determining whether a price is fair and reasonable.

Course Technology Requirements:

  • Internet connection

  • Support web browsers:

    • Recommended: Chrome, Firefox, Safari (latest versions)

    • Avoid: Internet Explorer and Microsoft Edge

    • If prompted, accept all cookies and allow popups

  • Access to Procurement U LMS

  • Ability to play and listen to audio through computer speakers or headphones

Suggested Audience: Public procurement professionals seeking an introduction to techniques used in cost analysis and price analysis to support procurement decisions.

Contact Hours: 3

CEUs:.3

Course Syllabus

Young and old businessmen

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