Letter from the StudentsConnect Editor
Springtime is a great time to prepare for change in your life. Spring broadly represents new ideas, transformation, renewal, and better times. The term is also known as a metaphor for the start of better times. In this issue you will find more information about government careers, becoming an entrepreneur, and other resources to help you prepare for your job search. Whether you want to be an intern or permanent employee, it is always good to be prepared. Thank you for taking the time to read another edition of the monthly NCMA StudentsConnect.
Shene’ Commodore, CPCM, is the government contracts manager with Intertek Testing Services.
Are You an Entrepreneur?
By: Crystal Pippen
If you have thought about owning your own business, perhaps you can benefit from the Startup America initiative. On January 31, 2011, the Obama administration announced the Startup America initiative. A two-pronged initiative to boost high-growth entrepreneurship in U.S. government programs and private-sector companies will combine efforts to train, mentor, and fund entrepreneurs.
As part of the White House’s Startup America initiative, SBA has created the Entrepreneurial Mentor Corps (EMC). This program aims to support more than 1,000 startup and early-stage firms across the country.
Interview: Getting into Procurement
By: Shene' Commodore
Many times I have been asked how someone can get into the field of procurement or obtain a job as a contracting specialist. I sought out an expert in the field who has worked on both sides of procurement with the federal government and private sector, Dannie James.
March 17–18, 2011
NCMA's 49th Annual Aerospace and Defense Contract Management Conference is unique for many reasons, but especially because it is the only conference that caters directly to those in aerospace and defense contracting. Attend alongside over 350 fellow contract management professionals from across the nation to learn about and discuss today's hottest aerospace and defense topics.
July 10–13, 2011
World Congress is the most comprehensive conference for those in the contract, procurement, and acquisition professions. With more than 18 track sessions, educational content is available for professionals in each and every stage of their careers. We invite you to take a look at what the conference has to offer and to invest in your career by attending.
This section is dedicated to answering the questions you submit. Definitions and basic contract learning tools will also be provided here.
- Cost Realism: Cost realism is concerned more about reasonableness. Cost realism means that the costs in an offeror's proposal (1) are realistic for the work to be performed; (2) reflect a clear understanding of the requirements; and (3) are consistent with the various elements of the offeror's technical proposal.
- Fixed-Price Contracts: The contractor is paid a fixed price throughout the contract term. These are the most common types.
- Cost-Reimbursable Contracts: The contractor is reimbursed for allowable costs and a fixed price for services. Typically used for research and development contracts.
NCMA has established the Guide to the Contract Management Body of Knowledge (CMBOK) as the prevailing guidance for how universities should align their contract management curricula. The guide provides the knowledge areas and competencies that are integral to the contract management process and the contract management profession. Visit the NCMA Bookstore to learn more about the CMBOK and other NCMA publications.
Benefits of NCMA Student Membership include:
- Networking opportunities with experts;
- Real-life experience in your field;
- Great savings on advanced training; and
- The opportunity to have your work published in NCMA publications, such as Contract Management magazine and the annual Journal of Contract Management.
Sign up for NCMA Student Membership!
If you know others who would benefit from an NCMA membership, please forward this newsletter to them and encourage them to join. Also, please feel free to send this newsletter to any faculty members who may be interested
in learning more about contract management or NCMA. If there is enough interest, your school may be eligible to charter a student chapter and receive all of the benefits of a regular chapter.
For more information, contact NCMA Customer Service at firstname.lastname@example.org or call 800-344-8096.
One of the greatest benefits you receive as an NCMA member is free access to our jobs board at www.ContractManagementJobs.com. This is the premier electronic recruitment resource for the contract management profession.
Here, employers and recruiters can access the most qualified talent pool with relevant work experience to fulfill staffing needs. Active job seekers can showcase their skills and work experience to prospective employers to find the best job opportunities, while others can take advantage of networking, training, and career development services.
Whether you’re looking for a new job or ready to take the next step in your career, you can take advantage of the networking, training, and career development services we offer. Whatever your career needs may be, we’ll help you find the opportunity that’s right for you.
NCMA University Outreach Committee Members
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Walter Theodor Sparkuhl
Los Angeles, CA
In this Issue:
- Letter from the StudentsConnect Editor
- Are You an Entrepreneur?
- Interview: Getting into Procurement
- Learning Corner
- NCMA University Outreach Committee Members
If you have any questions, comments, or possible contributions to this newsletter, please send them to email@example.com.