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PROJ6004 Contracts And Procurement

tag 0 Download 6 Pages / 1,292 Words tag 20-03-2021

Question:

1.Critically evaluate the risks associated with contract and procurement management approaches and make recommendations to global project sponsors with regard to ‘best practice’ in this area.

2.Apply judgement and initiative in the development of ‘best practice’ contract and procurement process for global project management, identifying the external factors that  need to be considered and mitigated for in every instance.
 
3.Analyse the responsibilities of the procurement manager and project manager necessary to ensure stakeholder satisfaction and successful project outcomes.

Royal Adelaide Hospital AG Report) and other module Learning Resources.

  • Students are encouraged to look at the Essential and Highly Recommended Learning Resources and other public documents associated with the new Royal Adelaide Hospital.
  • However, a careful thorough review of the South Australian Auditor General Report for 2015 is required to understand the contracts and procurement issues that have arisen during the execution of the new Royal Adelaide Hospital project, ongoing risks mitigations and lessons learnt that can be applied to other large infrastructure projects.
  • Assessment 1 aims to encourage a deeper understanding of the challenges faced in large complex projects – particularly with procurement methods that involve private-sector finance to deliver complex projects – which is a significant method of procurement because it can mobilise global financial and procurement capability to innovatively build public infrastructure and facilities to meet the needs of the growing population.
  • Students are also encouraged to understand and explore the related organisational issues, stakeholders and the funding and finance aspects associated with the new Royal Adelaide Hospital project.

It is recommended that students Reflection Journal also cover some of the topics below – which will help students for Assessment 2:

  • Typical procurement and financial risks require to be managed for complex projects;
  • Specific financial risks that remain for the nRAH project to completion (use initiative and judgement);
  • Possible mitigation actions and how these relate to better practice guidelines published by State Procurement Board of South Australia;
  • Areas for further vendor negotiations and management - to achieve successful contract completion.
  • Areas of key accountability for Project Manager and Procurement Manager to facilitate successful outcomes;
  • Areas performance-based contracting and its application to nRAH contract management or completions effort generally;
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My Assignment Help (2021) Contracts And Procurement [Online]. Available from: https://myassignmenthelp.com/free-samples/proj6004-contracts-and-procurement/procurement-of-health-technologies-in-greece.html
[Accessed 08 December 2022].

My Assignment Help. 'Contracts And Procurement' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/proj6004-contracts-and-procurement/procurement-of-health-technologies-in-greece.html> accessed 08 December 2022.

My Assignment Help. Contracts And Procurement [Internet]. My Assignment Help. 2021 [cited 08 December 2022]. Available from: https://myassignmenthelp.com/free-samples/proj6004-contracts-and-procurement/procurement-of-health-technologies-in-greece.html.


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