Acquisitions Management: A Fundamental in Project Management

Columbia, MD (PressExposure) April 18, 2011 -- There are many aspects and areas of project management. One important and sometime overlooked area is acquisitions management. Acquisition management is the process of obtaining the resources a company needs to produce a product. While this sounds straightforward there are many steps and procedures to successfully acquire the appropriate goods.

Project Masters Inc., a leader in project management training, has developed a course to help project managers gain insights in acquisition management. In this course participants will learn how to deliver and manage a Departmental/Agency Effort, direct the Development of Concepts, about the requirements and documents related to the program, manage the preparation of a Program's Management Strategy, maximize the use of Performance-Based Acquisition Principles, manage team activities in appropriate market research and acquisition of commercial items in accordance with FAR Parts 10 and 12 and direct requirements base lining change processes and resourcing.

The class will go over the fundamental precepts and basics of the Federal Acquisition Management, how to recognize the diverse interrelated and changing nature of Federal Acquisition Management, understand the difference between project, program and portfolio management, and understand how PMI and Government standards complement each other.

The Advanced Acquisition and Management Course is being offered at the Columbia, MD location of Project Masters Inc. on May 17th- 19th. For more information about this and other courses please go to http://www.projmasters.com.

Project Masters Inc is a premier provider of tailored project and program management consulting and training services to the federal government and their service providers. The company is a Project Management Institute (PMI)® Registered Educational Provider (REP)® and has expertise in Research and Development, Federal IT, and Construction Project Management consulting and training.

There are many aspects and areas of project management. One important and sometime overlooked area is acquisitions management. Acquisition management is the process of obtaining the resources a company needs to produce a product. While this sounds straightforward there are many steps and procedures to successfully acquire the appropriate goods.

Project Masters Inc., a leader in project management training, has developed a course to help project managers gain insights in acquisition management. In this course participants will learn how to deliver and manage a Departmental/Agency Effort, direct the Development of Concepts, about the requirements and documents related to the program, manage the preparation of a Program's Management Strategy, maximize the use of Performance-Based Acquisition Principles, manage team activities in appropriate market research and acquisition of commercial items in accordance with FAR Parts 10 and 12 and direct requirements base lining change processes and resourcing.

The class will go over the fundamental precepts and basics of the Federal Acquisition Management, how to recognize the diverse interrelated and changing nature of Federal Acquisition Management, understand the difference between project, program and portfolio management, and understand how PMI and Government standards complement each other.

The Advanced Acquisition and Management Course is being offered at the Columbia, MD location of Project Masters Inc. on May 17th- 19th. For more information about this and other courses please go to http://www.projmasters.com.

Project Masters Inc is a premier provider of tailored project and program management consulting and training services to the federal government and their service providers. The company is a Project Management Institute (PMI)® Registered Educational Provider (REP)® and has expertise in Research and Development, Federal IT, and Construction Project Management consulting and training.

About Project Masters Inc

Project Masters Inc is a premier provider of tailored project and program management consulting and training services to the federal government and their service providers. The company is a Project Management Institute (PMI)® Registered Educational Provider (REP)® and has expertise in Research and Development, Federal IT, and Construction Project Management consulting and training.

Press Release Source: http://PressExposure.com/PR/Project_Masters_Inc.html

Press Release Submitted On: April 18, 2011 at 1:30 pm
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