DiscussionDeliverable Length:450 - 550 wordsAssignment Objectives:Apply the principles of contract administration, including monitoring the work of contractors, and managing project contracts.Explain the legal and ethical considerations surrounding contracts including the risk distribution and allocation function of contracts.Integrate contracting and procurement activities into overall project cost and schedule.Assignment DetailsThere are 2 basic types of contracts: the fixed-price contract and the cost-plus contract. Each has several common variations. It is not unusual for any specific contract to have special terms and agreements, so the basic contract is just the starting point. The project manager is most interested in the terms that define and help to control costs, schedule, and quality.Among the different types of contracts, which contracts do you think would be easiest for ADC to manage, and why? Which contracts would be the most difficult for ADC to manage, and why?Examples of the contract types include the following:Firm fixed price Fixed price with targets Fixed price at cost Time and materials Cost sharing Cost plus Be substantive and clear, and use examples to reinforce your ideas: Which types of contracts do you think would be easiest for ADC to manage? Why? Which types of contracts would be the most difficult for ADC to manage? Why? What specific challenges do you think ADC would face when selecting the ideal type of contract? What would you do personally to avoid or overcome these challenges? What can you use to support your arguments?ALSO Responded to Two Discussion Posts which will be Attached with the Class ScenarioPart 2Deliverable Length:700 wordsAssignment Objectives:Assess the effectiveness of a project contracting and procurement strategy.Explain the legal and ethical considerations surrounding contracts including the risk distribution and allocation function of contracts.Assignment DetailsIndividual Portion: Part 1Create a risk template by listing the risks that you think are appropriate for ADC. You may need to make assumptions about the project. Just be sure to document them in the description of the risk. When identifying your risks, be sure to consider the following: Project and product risks External and internal risks Project budget risks Scheduling risks Resource risks Product quality risks Be sure to categorize and quantify all of the identified risks. Click on the following link to download and view a copy of an example risk template. When you have finished, upload your file to the Small Group Discussion Area for peer review. Individual Portion: Part 2Next, create a weighted scorecard list of functional requirements for the scheduling tool you need to purchase for ADC. Begin by reviewing each group member's completed risk template. If you notice any errors or contradictions, be sure to explain the issues thoroughly to each member before proceeding to risk responses and the creation of the weighted scorecard. Use the Small Group Discussion Area to come to a consensus on the risk responses and how the weighted scorecard should be completed. The members of the group should decide the following: What risks and requirements must be included What weight each risk or requirement should be given Place each of your requirement statements, one per row, in the Requirements column. Document any project assumptions you make in footnotes. When the group has finished, the Score and Weighted Score columns should not be blank. Click on the following link to download and view a copy of an example weighted scorecard.

Week 5 Assignment Indicator ConstructionNow that you have thought through a logical model or framework for your Final Project, it is time to develop preliminary input, output, and outcome indicators. For this Assignment, use the guidelines from the Urban Institute resource and consult relevant Optional Resources from this week.Submit by Day 7 a 2- to 3-page paper which describes your input, output, and outcome program indicators, including the following: Describe the variables and the data you will be using.Provide a realistic discussion of the availability of research data.Provide an analysis of intended data collection strategies. If a sample or sample survey will be used, discuss the sampling frame or the sampling strategy you intend to use.

You are encouraged to conduct research and use other sources to support your answers. Be sure to list your references at the end of your post. References must be in APA citation format. All posts must be a minimum of 250-300 words. Read the case study on pp. 43-45 of the textbook and answer the following questions: 1. Who do you think should be known as the one who came up with the original idea for social networking? Which is more important: the idea or the execution of the idea? Please explain.2. Given that the judge ordered a $65 million cash-stock award to the ConnectU founder, and ConnectU's legal bill is reportedly $13 million, the ConnectU founders are in arbitration with the law firm now over the bill. Recommend an alternatived verdict and award in this case. Be sure to justify your decision.Read the case study on pp. 82-843. The Supreme Court's standard makes it harder for plaintiffs to survive motions to dismiss their claims. How can plaintiffs plead a more compelling theory?4. How should defendants adjust their business practices based on this decision? Forum Grading Rubric (100 Points)Synthesis of Concepts 55 Clear Citations using APA format 10 Writing Standards 10 Peer Reviews (minimum of 2) - Responses posted after the current week will not be accepted 25