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PROJ6004 Contracts and Procurement Assignment - Laureate International Universities, Australia
Learning Outcomes -
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.
Case Study - New Royal Adelaide Hospital AG Report
Task - Review of the Case Study (new Royal Adelaide Hospital AG Report) and other subject Learning Resources. Review of the case study material, reflection and participation on the discussion board, examine lessons learnt and highlight issues for further consolidation in the Group Summary.
Part 1 - Summarize the findings from the discussion board (consider common themes, innovative approaches to consolidate into an agreed Group Summary).
Part 2 - Identify the most important issues that can be considered for further in-depth review within the Groups for a Group Report (or Group Presentation).
Answer - Review Discussions
Module 1
To determine the Royal Adelaide Hospital as one of the largest social infrastructure projects that has been related to the State having a budget of $2.3 billion. It is budget to also build and also examine to the maintained, financed along with the key provisions to the non-medical services along with the inbuilt quality to the equipment integrating Public Private Partnership (PPP) arrangement. This is a basic step that would connect to the State (South Australia) along with the SA Health Partnership Pty Ltd (Project Co.)
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To also examine to the State contract budget that can be initiated towards June 2011 includes the $244.7 million along with the increased relation of the $417.3 million from the 30 June 2015. It also includes the construction originated from February 2011 after it has begun from April 2016.
The relation to the procurement:
- It was evaluated to be the State having a 35 years contract with connection to the Project Co., and would also relate to the contract that is also integrating to the hospital that would not have limitations. It is examined as a government having an approach to the longer deal in connection to the parties.
- Procuring hospital would also be integrating the key steps for the significant savings to the connection to the government that can also add up as their assets (Bodkin-Andrews, 2017).
- It would be aimed to have a procurement process that would result in the failed outcomes to the standard pints that can be addressed immediately. It could identify where the risk came from, further analyze and possibly mitigate it. In this case study.
Reply Post to the Penjor -
In my peer post, of the Penjor, I agree to the facts based on the $1.85 billions in connection to the capital costs for design along with the construction in the relation to the new hospital belonging to the South Australia's Department for Health and Ageing that would effectively contribute to the additional $224.7 million.
Module 2
As per the Procurement definition which means that it is a country method in connection to the procurement for goods along with the works that would be following below-:
Open tendering (Unlimited tendering)-
Process:
a. This is synchronization to the technical specification that would be required to be prepared by experts and can also be described to be having a clear and concise manner in connection to the standards and quality belonging to the goods and services required to be procured.
b. This also includes the method of the preparation for bidding/ tender documents- and also includes how there can be documents that can also examine the key connection to the package of information with relation to the potential bidders in relation to the required goods and works.
c. It would also be examined as to understand how there can be publication of tender notices (advertisements)- and also be estimated relation to the potential bidders that would remain informed and cordial to the publication of bid notices with the association to the national/ international press, gazettes and with the procuring entities, includes the websites, regional and with the local newspapers, and notice boards (Hong, 2015).
d. It runs parallel with the bid preparation along with the key submission- This would include the bidders that would have a four to six weeks including the date and through the approach of the bidding documents in connection to the more complex projects with the given time that would be allowed. It would also be fixed to the bid that can belong to the mail, courier, in connection to the hand or in person that would happen before time of the deadline terms called "Incoterms".
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Reply Post to Diana -
In the given post shared by the Diana, I agree to the posts shared as to ensure how there can be procuring department that would be accustomed to the acquiring goods along with the services in relation to the business.
Module 3
The definition of the complex projects indicates how there can be an associated relation to uncertainty and ambiguity. This would belong to the complex project, that can connect with the areas which are part of the interconnected, along with the change or issue that would also be affected by the whole project. It would also be connected to the procurements and financial risks that would be in relation to the complex project which would accustom to the effective management.
It would be attributed to the Public-Private Partnership projects that are connected to the complex projects in connection to the scope for the community along with the large amount of money invest. This also indicates how there can be risks associated with the ten categories as defined below
1. Site: It is the understanding of the project site that can be with the given environmental along with the geological standards.
2. It would be attributed to the Design, construction, and commissioning: and also be belonging to the Increase with the given project schedule along with the relation of the cost to the contractor includes the due date.
3. Operation: Includes the interruption with the operations or associated with the cost of operating and relation to the asset.
4. Commercial risk: Attributed to the profits of the stakeholders (Dubnewick, 2018).
5. Regulatory and political: Includes the connection to the new regulations to the normal operation in connection to the project.
6. The others are the legal framework, default, financial, force majeure and the ownership of the asset.
Reply Post to the Rafael De Santiago Silva
I agree to the opinions shared by the Rafael which mentions that there are the projects of the PMBOK that can address the risk and procurement management. It would be connected to the activities demonstrated and examined by the large and complex projects.
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Module 4
In relation to the procurement documentation that can connect to the fundamental tool with the relation of the organizational control with the relation to the project. there would also be more connection to the given relation that can examine how there would be a connected effective documentation process along with the given project that can also be able to control and monitoring with the given relation of the procurement performance that would be able to help and channelize to improve with the given contractual relationship that can exist in between both parts (Bodkin-Andrews, 2017). it would be connecting to the with the prime objective to the challenging points that can connect the nRAH project to the given interpretation with the lack of documentation process. It would also be associated with the most significant documents that are also procurement management that would also include how there can be SOW and also be able to include how there would be a ''provision to the several components in relation too the purpose of Statement along with the relation to the scope statement and with the procurement deliverables. Along with the assumptions that can bring the constraints. There is also an interpretation of the nRAH project, that would help to verify to the SOW generating with the given changes.
Reply to Penjour
In your post, you have identified certain aspects that have been missing such as the shortcomings in connection to the contract along with the key procurement management with the examined approach of the nRAH a project that would also be related to the primary failure with respect to the re-negotiation process.
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