Archive | April 2013

PM0018 –Contracts Management in Projects

 

 

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(Spring/Feb 2013)

Master of Business Administration – MBA Semester 4

“Project Management” Specialization

PM 0018 –Contracts Management in Projects (4 credits)

(Book ID: B1347)

ASSIGNMENT- Set 1

Marks 60

Note: Assignment Set -1 must be written within 6-8 pages. Answer all questions.

 

Q1. Enumerate the characteristics and legal issues of LSTK EPC Turnkey contracts 10 marks(300-400) words

Answer : Lump-sum turnkey (LSTK) EPC contracting is now popular world-wide as a project delivery system for large process and power facilities. Examples are steel mills, LNG facilities, petroleum and petrochemical facilities, power plants. It is also being adopted for large infrastructure developments such as airports, water treatment facilities and telecommunication systems. While the term LSTK implies affixed price for the whole

 

 

Q2. Explain the steps that you should follow while evaluating the bids document.10 marks(300-400) words

Answer : After you close your competitive bidding process, you can evaluate the bids received and choose the bid that is the most cost-effective. You may consider as many factors in your evaluation as you want, but the price of the E-rate eligible products and services must be included as a factor and must be weighted more heavily than

 

Q3. Explain the Plan Procurement process with its inputs and the tools and techniques used. 10marks(300-400) words

 

Answer : Plan Procurement

This is the process of identifying which project needs are best met by procuring services from the private sector. It is undertaken during the scope definition phase and involves consideration of whether or not to procure, how to procure, what to procure, how much to procure, and when to procure.

 

 

Q4. Write a note on Request for Quote (RFQ).10 marks(300-400) words

Answer : When the government is merely checking into the possibility of acquiring a product or service, it may issue a Request for Quotation (RFQ).

 

An RFQ may also be used when the government does not intend to award a contract on the basis of the solicitation but wishes to obtain price,

 

Q5. Explain the guidelines for conducting a competitive negotiation 10 marks(300-400) words

Answer : Competitive negotiation is a method for negotiating the pricing and terms surrounding a particular transaction. This method of negotiation is based around the concept that negotiations are a zero-sum game; meaning that one party must win the negotiation while the other party loses. The concept of competitive negotiation is in direct contrast to cooperative negotiation methods, which conclude that there can be multiple winners in a negotiation, resulting in a win-win scenario for all of the involved parties.

 

 

Q6. Write a note on International arbitration institutions.10 marks(300-400) words

Answer : International arbitration is a leading method for resolving disputes arising from international commercial agreements and other international relationships. As with arbitration generally, international arbitration is a creation of contract, i.e., the parties’ decision to submit disputes to binding resolution by one or more

 

 

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call us at :- 08263069601 

            or

mail us at  help.mbaassignments@gmail.com

 

PM0017 –Project Quality Management

Dear students get fully solved assignments

call us at :- 08263069601 

            or

mail us at  help.mbaassignments@gmail.com

 

 

(Spring/Feb 2013)

Master of Business Administration – MBA Semester 4

“Project Management” Specialization

PM 0017 –Project Quality Management (4 credits)

(Book ID: B1346)

ASSIGNMENT- Set 1

Marks 60

Note: Assignment Set -1 must be written within 6-8 pages. Answer all questions.

 

Q1. Analyse project organisational structure. 10 marks(300-400) words

Answer : Organisational Structure Projects

 

E-Business in a UK clearing Bank

The re-organisation of this national clearing bank into centres of excellence (e.g. call centres, service centres) had been intended to provide a nationwide service. An unexpected consequence was the fracturing of the integrated service previously received through the branch network. An in-depth analysis of the organisational structure of the

 

Q2. Explain the Wheel of Quality model.10 marks(300-400) words

Answer : What is TQM?

 

Total Quality Management (TQM) is a structured system for meeting and exceeding customer needs and expectations by creating organization-wide participation in the planning and implementation of improvement (continuous and breakthrough) processes.

 

 

Q3. Analyse the project approaches for capability development.10 marks(300-400) words

Answer : Project Management Capability Development

 

As businesses strive to increase rate of return on continually decreasing investment, building a project management capability has become critical. Unfortunately, standard or off-the-shelf training packages often fail to deliver the anticipated benefits.

 

Turn to our Project Management Capability

 

Q4. Explain Five Elements of the Six Sigma Framework.10 marks(300-400) words

Answer : Six Sigma is a quality control and management methodology and approach. As a business owner or manager if you are considering implementing some kind of quality management tools you are going to run across Six Sigma in your research, but rather than just dismiss Six Sigma as another complicated method you should take

 

 

Q5. Analyse the stages of cost reduction.10 marks(300-400) words

Answer : Three stages of cost reduction

Transforming Government

Like corporate, public bodies should manage cost reduction work in three distinct phases. Deloitte Director, Joel Bellman, discusses these phases.

 

1. Efficiency

 

 

 

Q6. Explain the key elements in a supply chain.10 marks(300-400) words

Answer : Supply chain management is often a tactical pursuit, managing challenges and opportunities on a transactional basis, rather than holistically and strategically. This less than strategic approach is driven by both internal and external influences that divert attention from a holistic perspective, in turn directing focus on distinct or unique issues, challenges, and concerns. Falling into this tactical melee not only

Dear students get fully solved assignments

call us at :- 08263069601 

            or

mail us at  help.mbaassignments@gmail.com

 

PM0018 –Contracts Management in Projects

 

 

Dear students get fully solved assignments

call us at :- 08263069601 

            or

mail us at  help.mbaassignments@gmail.com

 

 

(Spring/Feb 2013)

Master of Business Administration – MBA Semester 4

“Project Management” Specialization

PM 0018 –Contracts Management in Projects (4 credits)

(Book ID: B1347)

ASSIGNMENT- Set 1

Marks 60

Note: Assignment Set -1 must be written within 6-8 pages. Answer all questions.

 

Q1. Enumerate the characteristics and legal issues of LSTK EPC Turnkey contracts 10 marks(300-400) words

Answer : Lump-sum turnkey (LSTK) EPC contracting is now popular world-wide as a project delivery system for large process and power facilities. Examples are steel mills, LNG facilities, petroleum and petrochemical facilities, power plants. It is also being adopted for large infrastructure developments such as airports, water treatment facilities and telecommunication systems. While the term LSTK implies affixed price for the whole

 

 

Q2. Explain the steps that you should follow while evaluating the bids document.10 marks(300-400) words

Answer : After you close your competitive bidding process, you can evaluate the bids received and choose the bid that is the most cost-effective. You may consider as many factors in your evaluation as you want, but the price of the E-rate eligible products and services must be included as a factor and must be weighted more heavily than

 

Q3. Explain the Plan Procurement process with its inputs and the tools and techniques used. 10marks(300-400) words

 

Answer : Plan Procurement

This is the process of identifying which project needs are best met by procuring services from the private sector. It is undertaken during the scope definition phase and involves consideration of whether or not to procure, how to procure, what to procure, how much to procure, and when to procure.

 

 

Q4. Write a note on Request for Quote (RFQ).10 marks(300-400) words

Answer : When the government is merely checking into the possibility of acquiring a product or service, it may issue a Request for Quotation (RFQ).

 

An RFQ may also be used when the government does not intend to award a contract on the basis of the solicitation but wishes to obtain price,

 

Q5. Explain the guidelines for conducting a competitive negotiation 10 marks(300-400) words

Answer : Competitive negotiation is a method for negotiating the pricing and terms surrounding a particular transaction. This method of negotiation is based around the concept that negotiations are a zero-sum game; meaning that one party must win the negotiation while the other party loses. The concept of competitive negotiation is in direct contrast to cooperative negotiation methods, which conclude that there can be multiple winners in a negotiation, resulting in a win-win scenario for all of the involved parties.

 

 

Q6. Write a note on International arbitration institutions.10 marks(300-400) words

Answer : International arbitration is a leading method for resolving disputes arising from international commercial agreements and other international relationships. As with arbitration generally, international arbitration is a creation of contract, i.e., the parties’ decision to submit disputes to binding resolution by one or more

 

 

Dear students get fully solved assignments

call us at :- 08263069601 

            or

mail us at  help.mbaassignments@gmail.com