PROJ6004 - Contracts and Procurement & Global Project Sponsors - Case Study - Management Assignment Help

Assignment Task -                 

Learning Outcomes

1. Critically evaluate the risks associated with contract and procurement management approaches and make recommendationsto 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 factorsthat 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.

Context: 

Assessment 3 Context 

Assessment 3 is about best project procurement practice and exploring the benefits of  performance-based contracting to develop performance criteria, monitoring processes,  contract terms and processesthat ultimately achieves a strong focus on project  procurement outcomes and behaviours. It buildson Assessment 1 and 2 by using the ideas  and issues raised to identifykey issues that can be consolidated by the Groups to achieve  focused actions for best Practice and performance- based procurement contracts.  Assessment 3 also builds on contract management by improved understanding of supplier  and client relationships to deliver certainty of outcomes and improved value for all stakeholders. 

Note: Groups of 4 people will be assigned by the Learning Facilitator in consultation with  the students early during Module 1 or 2, so that students can get to know each other  within the group well before starting the group project. A group size of 4 has been  proposed to ensure diversity, interaction and opportunity for students to grow and lead  teams. Only in exceptional situation a different group size may be approved by the Learning  Facilitator.

Instructions: 

Assessment 3 will be undertaken progressively through Modules 5 and 6 and will involvea Group Report (online students) or PowerPoint Presentation (F2F students). 

Based on your research of best procurement practice and the performance-based  contracting model(s) and how this has been applied on other complex projects, critique how this method could be applied to the case study example. 

Students will also discuss key performance criteria, performance monitoring, contract terms that drive performance outcomes and associated contract administration, contract management and the contractor’s role in management of project constraints. The last section  of the report/presentation will include a group reflection summary of the key subject  learnings. Where appropriate consider the aspects below:

1.  Specific roles and responsibilities of project manager and procurement manager including in supplier development as part of completions effort or  throughoutthe project life cycle (as appropriate). 
2. The complexity of the project and the challenges faced in terms of contracts and procurement management over the full life-cycle of the project; Significant issues or controversial aspects that relate to project stakeholders  and/or result in significant risks to the contracting parties; 
3.  Leadership challenges associated with project execution, and importance of  completions effort to meet the needs of the key stakeholders. 
4.  Possible actions and how implementing those action will improve sustainable  outcomes for the community and key stakeholders (studentsshould include  
5. learnings from Module 5 and 6 in areas such as performance drivers, 
6. performance outcomes, relationships, completions effort and lessonslearnt 
7. aspects). 
8.  Understand possible common themes or learnings that can be applied to future large projects to improve management of contacts and procurement and ensure project success. 
9.  Bring out (as appropriate) any aspects related to project management practice and or  changes required to ensure better project outcomes. Areas for further vendor  
10. negotiations and management - to achievesuccessful contract completion. 
11. Importance of completions documentation, project closure and lessonslearn.

This PROJ6004 - Management Assignment has been solved by our Management Experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.

Be it a used or new solution, the quality of the work submitted by our assignment Experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.