Competency Module - Spend Analysis

Competency Module: Spend Analysis



  • CONTACT HOURS/CEUs

    Contact Hours

    In-Person & Virtual Instructor-Led - 4.0

    CEUs

    In-Person & Virtual Instructor-Led - 0.4



    AVAILABLE FORMATS

    In-Person (To schedule, contact events@nigp.org)
    Virtual Instructor-Led



    LENGTH

    1/2 Day In-Person (Must be combined with another 1/2 competency module)
    Virtual Instructor-Led



    UPPCC BOK

    Domain 2 & 6



    NIGP-CPP EXAM

    Area 3: Planning & Analysis

Completion Requirements

In order to successfully earn a digital badge in the Spend Analysis competency, learners must:

    1. Complete any pre-work materials provided prior to the course start date.
    2. Attend and participate in the entirety of the instructional event.
    3. Complete the post-course evaluation survey available in Aspire.
    4. Complete the final assessment examination with a score of 70% or higher.

Please Note: The final assessment passing score may change prior to the date of the course based on an assessment audit. The necessary score will be communicated to students during the course proper.

Description

Spend analysis is a critical tool in the procurement professional’s toolbox, empowering professionals with the ability to detect opportunities for greater efficiency and effectiveness within the larger governmental entity. Through effective spend analysis, the procurement professional can analyze past, current, and future projected spend to develop more informed and more strategic procurement strategies.

Key Benefits to Learner

  • Define spend analysis and spend management and differentiate between the two.
  • Oversee and direct all spend-related activities to promote greater efficiency and effectiveness by engaging in the continuous process of controlling and analyzing entity spend.

Delivery Format

In this instructor-led environment, learners interact with a cohort of their peers over a set period. The course experience is built around experiential learning, or “learning by doing,” empowering learners through practical application of real-life tasks while tapping into the experience of both peers and an NIGP-certified facilitator. As part of course registration, students receive a workbook including job aids, practical application exercises, and case studies designed to promote critical thinking and immediate, post-course application of lessons.

Target Audience

Designed to promote applicable experiences for practitioners working in the public sector, NIGP’s Pathways competency courses empower learners with the ready-to-implement actions they need to succeed in public procurement. This introductory course is designed for:

  • 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.

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Virtual Instructor-Led

3 Hour Course
Zoom Virtual Learning Event

Attendance is mandatory and required for successful course completion. The Zoom meeting link and login information is distributed via email at the start of the course.

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In-Person

1/2 Day Course
This module must be scheduled in-person with an additional 1/2 day module. 

To schedule, contact events@nigp.org