Are you considering a career in contract management? Those applying for contract work must be able to demonstrate their propensity for negotiating and managing those contracts. “Having the proper certification is paramount,” says Stephen Ferguson, Director of Business Development for the Southwestern College Center for Corporate Learning. “The best way to prepare for those certifications is through contract management training.”
Here are some of the top reasons to obtain contract management training:
Required by the U.S. Government
Whether you’re a service member or government employee (federal, state or local), contracting personnel must acquire proper certifications in order to manage specific levels of contracts. The certifications are required under the Defense Acquisition Workforce Improvement Act (DAWIA) and the Federal Acquisition Certification in Contracting (FAC-C) Program. DAWIA certifications are granted through the Defense Acquisition University (DAU) and are specific to the Defense industry. FAC-C certifications are granted through the Federal Acquisition Institute (FAI) and are more specific to government (all level) employees who are non DoD. The purpose of DAWIA and FAC-C is to establish education, training and experience requirements for contracting professionals looking to manage contracts and conduct business with the federal government and DOD. There are three levels in both DAWIA and FAC-C certification guidelines.
For civilians working in organizations that do or would like to do business with the government, the National Contract Management Association (NCMA) offers training and certifications to the non-government sector.
Simply put: In this industry, you need to get training and the appropriate certification.
Earn credit toward certification and college degree simultaneously
The Excelerate program, through the DAU, is an exciting program that allows students to earn a bachelor’s or master’s degree in less time. Through the program, partnering colleges award credit toward an undergraduate or graduate degrees for completion of specific DAU courses and achievement of DAWIA certifications. It’s a great way to double down on your training efforts and get more for your money.
Elevated professional status
There’s no question having your certification in contract management gives you a competitive edge. Training focuses on current and relevant topics including planning and administering performance-based acquisitions, professional development activities, contract negotiations, policies and procedures directly influencing the improvement of defense acquisition outcomes. Increasing your knowledge raises your personal status in a growing global profession.
One of the most obvious benefits of contract management training is increasing your earning potential. According the National Contract Management Association (NCMA) Annual Salary Survey, certified professionals earn a median annual salary of $97,000. Half of those surveyed reported having one or more certifications. The most popular were two of the NCMA certifications and all three levels of DAWIA. The more training you acquire the more you are worth in government contract management work.
Southwestern College, a DAU equivalent provider, is teaching the DAU: CON 290 – Contract Administration and Negotiation Techniques in a Supply Environment course through its Center for Corporate Learning beginning in August. The 10-day course is being held at the Southwestern College Professional Studies Campus in Wichita and costs just $1,600 per person.