Professional Development Program

2412 words 10 pages
CONTENTS

PROCUREMENT MANAGEMENT 642 ASSIGNMENT 1 1
Aim of Assignment: 1
Assignment - Four questions 1
Dates & Penalties 1
Format 1
Question 2(a) CASE STUDY - ETHICS IN PROCUREMENT - MS SMITH 2
Question 2(a) 2
Question 3 - CASE STUDY - THE TENDERING PROCESS - RAY GUNN 3
Question 3 4
Question 4 - CASE STUDY - CONTRACT ADMINISTRATION - TOM DEWEY 4
Student notes 5

PROCUREMENT MANAGEMENT 642 ASSIGNMENT 1

Aim of Assignment:

• SPECIFICATIONS - To demonstrate the ability to write good specifications • ETHICS - To understand the ethical considerations involved in project procurement management • TENDERING - To understand the requirements for administering the tendering process • CONTRACT ADMINISTRATION - To deal with problems
…show more content…
It was eight minutes past noon. Jack left then opened the envelope. The tender was $1,700,000. • The next tender opened, from De Fektif Constructions, was $1,666,000. • The next tender opened, from T. Mahal, was $2,166,665 • The last tender opened, from NBG Co, was $1,967,000, which was endorsed with the words, “An alternative tender of $1,800,000 is applicable in the event that the construction period is changed to 42 weeks” • Ray went to lunch and on his return there was a telephone message from De Fektif Constructions, saying that there had been an error in their tender, which should have read $1,695,000
He knew very little about any of the tenderers. During the tender period he had enquired of some of his colleagues as to their knowledge of the tenderers. All he could find out was that Speedy & Co. had a reputation for being late finishing projects, for no apparent reason other than poor organisation, and that Empire Builders did not enjoy good relationships with other project managers,

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