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A significant function of a property system is the process of acquisition, that is, the getting or gaining of items of property needed to meet business objectives. Because acquisition involves the expenditure
of organization funds, it must be carried out with a great deal of discipline. Management tools must be put into place and maintained to ensure compliance with those policies and procedures. This course is for personnel from the property management department,
procurement department, grants and contracts office, and finance and comptroller’s office who must work closely to ensure that all supporting documents are accurately maintained.
Topic Overview:
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- Requirements Planning
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- Acquisitions that by-pass purchasing
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- Acquisition Planning
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- Ethics
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- Acquisition Process
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Core Benefits:
After successful completion of this course, the student will be able to understand how requirements are established, how to gather the required approvals, the selections of sources,
financing, contract administration and the procurement of assets through the seven main methods of acquisition.
This course reviews material found in Chapter 2 of
Fundamentals of Personal Property Management,
which is used in study for CPPS Certification.
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