Procurement and Lifecycle Financial Management
This program empowers asset managers to make data-driven purchasing decisions that optimize department expenditure. It ensures that procurement cycles are both cost-effective and aligned with organizational financial policies.
£450
Certified IT Procurement Professional
- Pass mark 70%
- Certificate on completion
- Verifiable public certificate ID
- English · available globally
Procurement and Lifecycle Financial Management: the short answers
- What is Procurement and Lifecycle Financial Management?
- This program empowers asset managers to make data-driven purchasing decisions that optimize department expenditure. It ensures that procurement cycles are both cost-effective and aligned with organizational financial policies.
- Who is Procurement and Lifecycle Financial Management for?
- It is pitched at Intermediate level for IT Assets Coordinators working in IT Support Specialist Certification, and is studied online from any country.
- How long does Procurement and Lifecycle Financial Management take?
- Around 20 hours of study, plus the assessed assignments and one applied project.
- How is the certification assessed?
- Every assignment and the final project are assessed automatically against the published criteria. The pass mark is 70%, and an item that does not pass can be resubmitted.
- What do I receive when I pass?
- Certified IT Procurement Professional, issued as a certificate with a unique ID that employers can check in the public certificate register.
- How much does it cost?
- £450 once, with no subscription.
What you will be able to do
- Develop effective IT procurement strategies
- Perform lifecycle cost analysis
- Manage vendor contract negotiations
- Optimize departmental IT budgets
- Evaluate total cost of ownership models
Written by Marcus Thorne, Finance Director. Every submission is assessed automatically against the published criteria for Certified IT Procurement Professional, and the certificate is issued the moment the assessment is complete.
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