Contract and Procurement | Case Study Report

Running head: CONTRACT AND PROCUREMENT
Contract and Procurement
Name of the Student
Name of the University
Author’s Note

1CONTRACT AND PROCUREMENT
Table of Contents
Introduction......................................................................................................................................2
Procurement context and scope of Wembley stadium.....................................................................2
Procurement components of Wembley stadium project..............................................................3
Evaluation of Tenders..................................................................................................................5
Key Complexities and Issues...........................................................................................................5
Environment of the project..........................................................................................................7
Governance and Leadership........................................................................................................8
Risks Mitigation...............................................................................................................................8
Roles and Responsibilities of the Project Resources...................................................................9
Recommendation for the changes to Project Procurement........................................................11
Conclusion.....................................................................................................................................12
References......................................................................................................................................13

2CONTRACT AND PROCUREMENT
Introduction
The projects which are public are primary reality for the social establishment for this
gives project management’s constant development objectives. Wembley stadium’s project is
used as the case study. The purpose of project of Wembley stadium is to be used for rugby as
well as football league, however after adaption, would be capable to host major international
sports events. As private sector organizations undertake this project as well as financed largely
by the private capital, the report is not the detailed examination value of money of this project or
management as whole (Bingham & Gibson Jr, 2017). As there ae several maintenance
possibilities as well as operations needed by desired process, this needs detailed analysis.
Procurement cycle of this project for Wembley stadium starts with the ideology based on the
needs and finishes with the selection of competent contractors’ set to achieve desired objectives.
Process that is incorporated to management as well as procurement of project of Wembley
stadium leads to required segments’ detailed analysis as well as elimination of unnecessary and
unidentified requirements. The events like inventory control and logistics management are few
of most influential factors which are included under procurement function of the project of
Wembley stadium (ul Hassan, Ahmad & Zuhaira, 2018). Identifying as well as planning are the
two of most essential aspects that should be added for successful process of procurement.
Procurement context as well as scope of Wembley stadium
Procurement context within a project is when there is need in buying, contracting or
renting the external resources for meeting the goals of the Wembley stadium’s project. Like the
general procurement, the procurement context in this project is about managing the relationships

3CONTRACT AND PROCUREMENT
with the contractors as well the vendors for ensuring the project of Wembley stadium run
smoothly as well as is completed according to the plan. Scope of this project is part of the
planning of project which involves determining as well as documenting list of particular project
deliverables, tasks, deadlines and costs (de Araújo, Alencar & de Miranda Mota 2017).
Documentation of the scope of project of Wembley stadium establishes the responsibilities for
all members of the team as well as sets up the procedures for verification as well as approval of
the completed work of this project. During this project of Wembley stadium, documentation
helps team members of this project remain focused on the task.
To conclude framework as well as desired design of this project, public funds’ efficient
utilization as well as resources should be carried on. Management took the efficient decision
making for selecting most probable under the specific dimension. Few of the major features that
correlate with established process of procurement as transparency, economy, accountability,
openness, integrity, competition and fairness. Transparency in performance of this project of
Wembley stadium is about the factors along with the performance of this project (Strahorn,
Brewer & Gajendran, 2017). Transparency extends to expose information as well as process that
are used for making decisions along with status of schedule, earned value as well as cost
compared to the expectations of this Wembley stadium project.
Procurement components of Wembley stadium project
There is involvement of several components in proposed process of procurement. Such
components have main role to play for initiating as well as idealizing the operational requirement
of project of English national stadium at Wembley.
Requirement development