MAN5410: Project Integration and Procurement Management

1. Explain each part of the diagram below called “Flowchart for Optimal Utilization of Market Intelligence to Address Sourcing Challenges”.
2. Analyse those factors that are important when Institute for Safety, Netherlands (IFSN) needs to qualify and select suppliers for a project requirement.
3. Examine the key factors, including risk factors that affect buyer/supplier decisions concerning contract pricing and the selection of the proper contract type.
4. Given a procurement situation for a major contract, analyse the application of e-Procurement and other types of supplier bidding models available for IFSN.
5. Given a situation to solicit a bid proposal, evaluate technical, management, commercial and ethical requirements, and then prepare an RFP for IFSN.
6. Given the receipt of a proposal or competitive proposals for a major contract, determine the key factors used when negotiating an agreement or evaluating competitive proposals and establish a negotiating strategy for IFSN.
7. Analyse and select effective contract management techniques to control contract cost, schedule and performance factors; as well as manage contract changes, contract claims and contract close out for IFSN.
8. Given a claim on a major contract, analyse the role of commercial terms and conditions, the uniform commercial code (UCC) and applicable government regulations on the outcome for IFSN