Acquisition Management is Big!
Acquisition management is big! Demand for acquisition professionals far outstrips supply. A recent study in the Defense Department found that half of the Department's 130,000 acquisition professionals are eligible to retire in the next five years, leaving thousands of jobs unfilled.
The Clinger-Cohen Act of 1996 mandates that government agencies develop acquisition management career tracks. The Service Acquisition Reform Act of 2003 requires the creation of a Chief Acquisition Office position in Federal agencies. DoD, DoE and HHS have already made major commitments to strengthening their acquisition management capabilities through hiring, education, and training. Other agencies are following suit.
A key component of acquisition management career development is education and training. In order to move forward on the acquisition management career track, education and training tickets need to be punched.
UMT is a major provider of acquisition management courses and programs. It is a strategic partner of DoD's Defense Acquisition University (DAU) and a Global Registered Education Provider (R.E.P.) of the Project Management Institute (PMI). It offers both training courses and degree programs.
To strengthen your acquisition management capabilities, check out the following online courses offered by the University of Management and Technology (UMT):
PM279, Management of Major Programs
PM250, Project Management
PM252, Project Finance, Budgeting, and Economics
PM253, Risk and Quality Management
PM254, Contracts and Procurement
PM201, Communication and Soft Skills
If you take five of these six courses, you receive an Executive Certificate in Acquisition Management.
If you are interested in a degree program to meet your career and educational needs, check out UMT's associate, bachelor and master degree programs [link to landing page]
Click here to find out more.
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