Events - Week View

Developing critical thinking and problem-solving skills is essential for personal growth and professional success. NIGP‘s dedicated learning experience empowers procurement practitioners to define critical thinking in terms of leadership, evaluate solutions using a problem-solving process, and collaborate to build viable solutions. This activity-based course provides a foundation level understanding of problem-solving and critical thinking, enabling learners to analyze complex issues and make informed decisions. Enhancing these skills will greatly benefit individuals in their procurement careers, allowing them to effectively navigate challenges and drive positive outcomes.

Areas of risk analysis in procurement falls into two categories, strategic, and operational, and may arise from internal or external sources. The entity must consider and address procurement risks that may impact the entities strategic plan.

Surety bonds play a crucial role in government procurement by mitigating the risks associated with contracting projects, ensuring accountability, and protecting taxpayer funds. They provide a level of assurance to the government that projects will be completed as agreed upon and that all parties involved will be fairly compensated. Surety bonds are a type of financial guarantee that ensures contractual obligations are fulfilled. In government procurement, surety bonds serve as a form of protection for the government and taxpayers against financial loss due to contractor default or failure to meet contractual obligations.