Procurement Management, assignment help

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fgrcurazf1998

Business Finance

Description

As you expected, many of the older project managers at ADC are not happy that you are going to coordinate the procurement process for the scheduling tool. These project managers believe that their years of experience make them exempt from following proper project management guidelines. Therefore, you need to present benefits of using a procurement process and the negative consequences of not using a procurement process.

Start by reviewing Web resources to develop your understanding of how procurement and contract management fit in to the project management life cycle.

write 700–950 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas:
  • Use the library to select a case study with regard to procurement and project management.
    • The selected case study should address how a lack of control over procurement adversely affected the project.
  • Address the following questions using your selected case study as support.
    • In your opinion, why was the lack of procurement detrimental to the project in your case study?
    • What steps could have been taken to prevent the problems from the beginning of the project?
    • What would you have done to correct the project once problems had already arisen? Why?
    • Provide 1 example of a time when you feel that you successfully performed procurement activities. Explain why you think it was successful.
    Your manager has asked you to follow up your discussion with a presentation outlining how the procurement process would integrate with the rest of the project and how you plan to develop your procurement activities.Assignment Guidelines
    • Create a PowerPoint presentation of 7–10 slides for your manager that addresses the following:
      • How will your procurement process integrate with the rest of the project?
      • Why do you feel that this will allow for a successful project?
      • What procurement management processes will you use within your plan? Why?
      • What are 2 potential types of contracts that you would consider for this project?
        • What are the advantages and disadvantages of each?
    • Your PowerPoint should be 7–10 slides (not including title, reference, and introductory slides) with speaker notes of 150–200 words for each slide.
    • You must reference A Guide to the Project Management Body of Knowledge (PMBOK® Guide)—Fifth Edition within your presentation.
    • Be sure to reference all sources using APA style.

Unformatted Attachment Preview

Scenerio ACME Development Corporation (ADC), a developer of custom homes and apartment complexes, has decided to standardize its project management practices and processes across its national organization. The goal is to standardize with one single project-scheduling tool and to have the tool installed and be operational within 90 days. To this end, the company is forming a central project management office (PMO). Until now, project managers (there are 40 presently on staff distributed all over the United States) have been able to use whatever scheduling tool they liked, within their budget constraints. They have also been able to buy equipment and engage contractors at will. The PMO will be determining one scheduling tool that all PMs will be expected to use, exclusive of any other scheduling tools. The PMO will also develop and implement a standardized procurement process. Because the PMs are located across the United States, a Web-based solution seems likely to be the most successful tool. As the project manager, you have been charged with implementing the procurement process, and you decide that your first project will be purchasing the scheduling tool for ACME Development Corporation.
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Explanation & Answer

Hi buddy, see attached. Please do let me know if you need any clarification.Thank you

E-procurement
Management

Introduction
❖ A procurement management strategy assist in
guiding the actions of a purchasing team as well as

the decision making while getting in touch with the
stakeholders.

Challenges Of The E-procurement
Project
❖ Resistance of the Supplier
❖ Financial Department Resistance
❖ Competiveness In The Local Business
❖ Shortage Of Capacities And Skills
❖ Governing Body Resistance
❖ Technological Barriers

❖ Limited Resources
( A n ge le s & N a th , 2 0 0 7)

Integration Of The Procurement
Process With The Project
The project will assist in reaching a larger crowd
The internet is a faster and cheaper mode of reaching
people especially during publicizing

The internet will allow for participation of all members
in the united states

Why Do You Feel That This Will Allow
For A Successful Project
✓ Creating awareness and the knowledge for the project
• Transparency
✓ Consistency of the project
• Eradicate misalignment and confusion

Procurement Management Process
• Specifications

• Selection
• Contracting
• Control

• Measurement

Types Of Procurement Contracts
✓ Fixed –price contract
✓ Time and materials

(Gopal et al., 2003)

Advantages And Disadvantages Of
Fixed Cost Contracts
Advantages
✓ They Are predictable
✓ It offers customers and clients the assurance
✓ It is consistent and thus less risks
Disadvantages
❖ No space for adjustments in case of higher cost than
expected

❖ Established Prices Paid By The Clients
❖ There may be cases of undercharging clients as a
result ...


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