PMN605 - Strategic Project Procurement - Procurement Assignment Help

Assignment Task

In relation to your case study and through the eyes of your buyer (or client/promoter) of your project, answer the following questions on the 6 procurement decisions.

Make-or-Buy Decision

a) Identify either one key internalized/likely internalized activity or one key externalized/likely externalized activity and assess qualitatively (using words) the level of the make-or-buy variables in the integrative framework of vertical integration.

b) Critically comment, by reference to theory and practice, on how much this make-or-buy decision/likely decision appears to be efficient including explaining the way in which this decision/likely decision contributed/is likely to contribute positively to project outcomes (if efficient) or undermine/is likely to undermine project outcomes (if inefficient)?

Bundling Decision

a) Identify externalized activities across at least two of the following (minimum of 2 externalized activities in total): design and/or construction/development and/or operations and/or maintenance (that may or not be bundled together in the same contract) and assess qualitatively (using words) the potential positive investment arising from possible positive externalities versus the potential for negative investment on the part of the supplier/s

b) Critically comment, by reference to theory and practice, on how much this bundle or unbundled decision/likely decision appears to be efficient including explaining the way in which this decision/likely decision contributes to or undermines project outcomes.

Nature of the Exchange Relationship Decision

a) Identify a separate contract/likely separate contract (one contract) for externalized activity/ies that generates an external exchange/likely exchange and assess qualitatively (using words) the nature/likely nature of this external exchange relationship and the level of the Transaction Cost Economics variables.

b) Critically comment, by reference to theory and practice, on how much this nature of the exchange decision/likely decision appears to be efficient including explaining the way in which this decision/likely decision contributes to or undermines project outcomes.

Project Finance Decision

a) Justify the approach/likely approach to financing the project including considering whether using project finance (either limited recourse or non-recourse finance) is/could be an efficient financing vehicle.

b) Explain the way in which the finance vehicle you have justified contributes to project outcomes.

Governance Decision

a) Propose and justify, by applying theory and practice, a project governance structure for effective/efficient decision-making including explaining the way in which the governance structure you have proposed contributes to project outcomes.

Tendering Decision

a) Propose and justify, by applying theory and practice, a tendering approach for one of the separate contracts for externalized activity/ies including explaining the way in which the tendering approach you have proposed contributes to project outcomes.

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