Evaluate and recommend the best procurement method

Assignment Help Project Management

Reference no: EM132347506 , Length: word count:2500

Assessment: Case Study

Assessment Details:

The assignment is designed as an imaginary case study for students to practice procurement and risk management concepts.

The individual assignment has the following major deliverables:

1. Select a project at your target company

2. Provide background of the case project

3. Recommend the best project delivery method for your project based on the criteria that YOU think is most crucial to this project. Be mindful that the types of delivery methods that need to be evaluated are Design-Bid-Build, Design-Build and CM@Risk. You must document all your assumptions and rationale for the selection of the project delivery system. All yours suggested grading (the criteria, weights, and scores) should come with justifications and explain why you gave such grade to each element of the selection matrix.

4. Evaluate and recommend the best financial contract type for your project based on the criteria that YOU think are crucial to this project. The types of contract that need to be evaluated are Lump sum contract, Guaranteed Maximum Price Contract and Cost-Plus Fixed Fee Contract. All grading must be justified and explained.

5. Evaluate and recommend the best procurement method for your project based on the criteria that are crucial to this project. The types of procurement that need to be evaluated are Competitive, Negotiated and Best Value. All grading must be justified and explained.

6. Develop Risk Management Plan including Risk Register, Risk Quadrant Analysis, and risk mitigation plan.

Reference no: EM132347506

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Reviews

len2347506

7/28/2019 11:31:32 PM

Please follow all the guidelines which is provided in the assignment. Please make sure add all the parts in table which mentioned in assignment. Word count/Time provided: 2500 words Weighting: 30% Unit Learning Outcomes: ULO-1, ULO-2, ULO-3 Course Learning Outcomes: CLO1 CLO2, CLOS, CLO7, CLO9

len2347506

7/28/2019 11:30:58 PM

Marking Criteria and Rubric: The assessment will be marked out of 100 and will be weighted 30% of the total unit mark Marking Criteria Fail Pass Credit Distinction High Distinction Demonstrate a critical understanding of project management processes including contracting, Inadequate understanding of project management processes including contracting, Basic knowledge only of project management processes including Exhibits breadth and depth of understanding of project management processes Exhibits accurate and detailed breadth and depth of Displays exceptional understanding of concepts and their practical application of

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