The Graduate Certificate in Contract Management provides individuals with the knowledge and skills necessary to manage contracts in the governmental and commercial sectors. Certificate recipients will understand the contract manager’s responsibilities prior to contract award and the communication process in the contract management network, and learn about post-award surveillance tools, contract modifications, correction of contractual problems, processing terminations, cancellations and claims. Students completing the courses can seek one of three certifications with the National Contract Management Association (NCMA).
The Graduate Certificate may be pursued as a stand-alone certificate, or as a track within the Goddard School MBA Program, and is offered in collaboration with the Utah Cluster Acceleration Partnership formed by the Utah System of Higher Education, the Department of Workforce Services, the Governor’s Office of Economic Development, and Grow Utah Ventures.
All courses are taught in our 8-week hybrid format (combining one weekly evening class meeting, 5:30-8:30pm with online instruction). We follow the WSU semester calendar, dividing each semester into two 8-week class sessions.
MBA 6740 Principles of Contract Management
Students will gain an overview of the fundamentals of contract management from the development of acquisition requirements, solicitation/proposal, negotiation, contract formation, contract performance, and contract closeout. Learn the basics of what it takes to solicit, procure, negotiate and administer contracts and subcontracts while gaining a broad understanding of business principles to establish long-term relationships with customers, suppliers and other stakeholders. Explore an insider's view of the roles and responsibilities of contract administrators and the various interfaces with program management and other internal disciplines. Learn how to identify the basic differences between contract types and how they are selected to mitigate risk in a contractual environment, as well as exploring the key distinctions between commercial, government and international contracting processes.
MBA 6750 Financial Aspects of Contract Management
Within the context of contract management, students will learn how to structure cash flow through financial methods that include invoice timing, pricing, overhead considerations, advance payments, letters of credit and other financial sources. Gain a comprehensive knowledge of accounting systems, budgeting, reporting, auditing and settlements. Enhance the profitability of your business through prudent contracting financial practices.
MBA 6760 Legal Aspects of Contract Management
Within the context of contract management, students will gain a working knowledge of stakeholder requirements, applicable common law, Federal Acquisition Regulations (FAR), Uniform Commercial Code (UCC) and other local, state and federal regulations and law that must be adhered to throughout the contract management process. Students will learn the legal aspects of contract management with an emphasis on real world, day-to-day application. Students will explore all phases of managing an approved contract successfully through completion of performance including change management, communications, negotiations, contract types, terms and conditions, risks, defaults, terminations, claims and much more. Students will participate in projects and discussions to rapidly enhance knowledge and proficiency in contract management in order to apply classroom concepts in the workplace.
MBA 6740 Negotiations OR MBA 6580 Project Management
For those who wish to pursue the Graduate Certificate in Contract Management for Business independently of the Goddard School MBA Program, we are now accepting applications. The following are required for admission to the certificate program:
For more information about applying, please contact us.