University of Maryland Global Campus

OPMG 350: Project and Procurement Management

A guide to UMGC's OPMG 350, an applied course on procurement using project management techniques, covering suppliers, contracts, negotiation and risk.

Updated October 2026 · 5 min read

OPMG 350 at the University of Maryland Global Campus is an applied study of procurement processes with an emphasis on using project management techniques.

UMGC says the objective is to manage procurement activities effectively through supplier selection, contract management, negotiation strategies and risk management.

The description adds that topics are explored through case studies, interactive simulations and practical exercises. Students find this style demanding because decisions are made under uncertainty and must be justified in writing.

Course at a Glance

ItemDetails
UniversityUniversity of Maryland Global Campus (UMGC)
Course codeOPMG 350
PrerequisiteNone listed in the UMGC course description
Subject areaProcurement and project management
Learning methodsCase studies, interactive simulations, practical exercises

What OPMG 350 Covers

Topic UMGC listsWhat it means in practice
Supplier selectionSetting criteria, comparing bids and choosing partners
Contract managementTerms, performance monitoring and change control
Negotiation strategiesPreparing, bargaining and reaching agreements
Risk managementIdentifying and reducing procurement risks

Key Concepts Explained

Weighted Supplier Scoring

A weighted score makes a supplier choice transparent. List criteria, assign weights that reflect importance, score each bidder and total the results.

Invented illustration: Criteria and weights: price 40, quality 30, delivery reliability 20, risk 10. Supplier A scores 8, 6, 7 and 5 out of 10; Supplier B scores 6, 9, 8 and 7. A total = (8x40+6x30+7x20+5x10)/100 = 6.9. B total = (6x40+9x30+8x20+7x10)/100 = 7.4. B wins despite higher price, and you can explain why.

Procurement as a Project

Treating a purchase as a project gives it scope, schedule, budget and risks. A clear plan reduces surprises and supports accountability.

Negotiation Preparation

Good negotiators know their best alternative, their priorities and the other side's likely interests. Prepare a short brief before any simulation.

Typical Assignments and How to Approach Them

Assignment typeWhat it testsHow to approach it
Supplier evaluationCriteria-based decisionsDefine criteria, weight, score, justify
Contract analysisUnderstanding terms and risksIdentify key clauses and what each protects
Simulation or negotiation exerciseApplying strategyPrepare goals and fallback positions, reflect afterwards
Risk registerAnticipating problemsList risk, likelihood, impact and response

The Procurement Cycle as a Project

Viewing procurement as a project gives it a clear lifecycle. Start with defining the need and the requirements. Next, find and evaluate suppliers. Then negotiate and award the contract. Finally, manage delivery, check performance and close out the contract with lessons learned.

For each stage, note the main deliverable, the risk and a control. A table like this shows project management thinking applied to buying.

Getting the Most from Simulations

UMGC describes interactive simulations as part of the course. Prepare by writing down your goals, limits and fallback position before you begin. During the exercise, note the decisions you make and the reasons. Afterwards, write a short reflection on what worked, what did not and what you would do differently.

Reflections earn credit when they are specific. Describe an actual moment, link it to a concept from the readings and state the change you would make.

Reading and Writing About Contracts

Contract management is a named topic. Common contract elements include scope, price and payment terms, delivery, quality standards, change procedures, penalties, and termination. When analyzing a contract, say what each clause protects and what risk it leaves open.

Note that contract types shift risk. A fixed-price contract places cost risk on the supplier; a cost-reimbursable contract places more on the buyer. Link the type to how well the work is defined.

Monitoring Supplier Performance

After award, performance must be tracked. Define a small set of measures such as delivery on time, quality results and responsiveness, review them at set intervals and agree actions when targets are missed. Documenting this process shows the management side of procurement.

Quick Checklist Before Submitting

Where Students Get Stuck

Study Tips for OPMG 350

How We Help with OPMG 350

Send the prompt, rubric and scenario. A business tutor can explain the methods, work an invented example, or edit your report.

Your submission must be your own under UMGC's academic integrity policy. GradeEssays is independent of UMGC.

Make Your Procurement Work Clear

Share your assignment and rubric. We prepare model examples and review your draft.

Start My OPMG Help

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Frequently Asked Questions

What is OPMG 350 about?

Procurement processes using project management techniques.

Which topics does UMGC list?

Supplier selection, contract management, negotiation strategies and risk management.

How is the course taught?

UMGC mentions case studies, interactive simulations and practical exercises.

Is there a prerequisite?

None is listed in the course description we checked.

Are there calculations?

Scoring and cost comparisons are likely, but check your course.

Can you help me prepare for a negotiation exercise?

We can explain preparation methods. Your performance and submissions must be your own.