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Added on: 0000-00-00 00:00:00Order Code: Question Task Id: 0
Internal Code: TV153
Case Study Analysis Assignment:
Task:
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.
General
Procurement and contracts are integral to successful project management. Planning for purchases and acquisitions, requests for proposal, vendor selection, contract administration, and contract closure are integral parts of the process. Learning from Case Studies and benchmarking against better practices, standards and excellence is vital to
understand complexity of issues and successful strategies for procurement and contract management. It will also ensure improved responsiveness to key issues, promote supplier- client relationships through proactive management of risks and ultimately deliver higher level of focus on performance-based outcomes.
Specific (Assessment 1 Context)
Assessment 1 is about uncovering complexities in the procurement context generally, identifying key issues, looking at leadership, governance and key themes that will allow improved focus, reflection and learning.
Assessment 1 – Individual Report (overall 2,400 Words) based on review Case Study (new Royal Adelaide Hospital AG Report) and other Learning Resources.
1. Students are encouraged to look at the Essential and Highly Recommended Learning Resources and other public documents associated with the new Royal Adelaide Hospital.
2. 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.
3. 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.
4. 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.
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