Description:
This course provides an introduction to public and private transportation procurement and budget management. It discusses the rules of government procurement, purchasing processes, and procedures, practical purchasing examples, the importance of recordkeeping, and monitoring. Budget management practices and strategies for monitoring cash flow are also discussed.
Objectives:
RECALL the basic rules and regulations of the purchasing process.
RECALL ways to monitor purchase quality.
IDENTIFY basic purchasing procedures and methods.
RECALL how to avoid violation of procurement laws and regulations.
RECALL equipment procurement options.
IDENTIFY review practices that work.
RECALL techniques for monitoring cash flow.
IDENTIFY ways to budget so there is enough money for the year.
