Contractual Arrangements in Commercial Projects

This portfolio discusses the topic of Contractual Arrangements in Commercial Projects and covers diverse and complex government and non-government project contractual arrangements relevant to managed services, ICT, and build agreements. It also analyzes common arguments using logic, persuasion and influence factors as commonly applied to conflicting and/or competing stakeholder agendas. The supporting documentation includes readings from Kerzner's Project Management book, PMBOK Guide, and various procurement rules.

(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 10
Weekly Portfolio Learning Table
Description of
topics including
reading samples
Learning
outcomes of the
unit
Learnings from your experience, this and prior unit
reading, assignments
Supporting
documentation
including your
prior learning
Week 10 Topic:
Contractual
Arrangements in
Commercial Projects.
Case Study for the
Chunnel Project;
Australia National
Audit Office (2012)
Developing and
Managing Contracts -
Getting the right
outcome, achieving
value for money;
HB 140-2000
Administration
manual for AS 4000-
1997 General
conditions of
contract;
Kerzner (2013)
Chapter 19 Contract
Management;
Law handbook;
1. Describe the
operation of diverse
and complex
government and non-
government project
contractual
arrangements
relevant to a range of
managed services,
ICT, and build
agreements.
I have identified that spectrum of contractual arrangements generally reflects
on legal term but not on the policy term. This generally includes information
with various public sectors that mainly involves acquisition of different types of
goods and services as well as construction services.
On the other hand, it is identified that legal contractors generally contains two
important elements which are considered to be legally valid. All the parties must
remain within the agreement after proper offer is generally made by one of the
parties. I have identified that the project of channel tunnel generally consists of
build-own-operate-transfer contract. Furthermore, I have identified that this
contracts generally helps in finishing the work that is mainly associated with the
project “Chunnel Tunnel.
Kerzner H. 2013. Project
Management: A Systems
Approach to Planning,
Scheduling, and Control,
11th Edition. Hoboken,
USA: John Wiley & Sons.
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(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 10
Description of
topics including
reading samples
Learning
outcomes of the
unit
Learnings from your experience, this and prior unit
reading, assignments
Supporting
documentation
including your
prior learning
Wikipedia Australian
Contract Law;
PMBOK (2013)
Chapter 12 Project
Procurement
Management;
Procurement Rules
- Australian;
- Victorian;
- WA;
- NSW;
- QLD;
- USA.
Guardian News
article 7th April 2004
Deep in debt.
Are any of the
activities above
relevant to your
reflections for the
learning outcomes
on the right?
2. Analyse common
arguments using
logic, persuasion and
influence factors as
commonly applied to
conflicting and/or
competing
Additionally, it is generally analyzed that number of benefits can be achieved
from the formalization of different types of contract procedure. I have identified
that formalization of contract generally assists in providing the individuals as
well as business with the help of proper legal documents which further states
the expectations of both the parties and how the situation that is associated can
be resolved quite effectively. In addition to this, it is quite necessary to provide
proper facility of training as well as process in order to finish the work that is
associated with the project
PMI. 2013a. A Guide to
the Project Management
Body of Knowledge
(PMBOK Guide) 5th
Edition. USA: Project
Management Institute.
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(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 10
Description of
topics including
reading samples
Learning
outcomes of the
unit
Learnings from your experience, this and prior unit
reading, assignments
Supporting
documentation
including your
prior learning
stakeholder agendas.
3. Differentiate
methods of project
negotiation, conflict
management, and
stakeholder
engagement across
projects consisting of
differing technology
standards and asset
lifecycles.
I have identified that the organizations generally implement HB 140-2000 and
this is mainly implemented by the organizations that generally requires proper
manual as well as general conditions of the contract. Furthermore, I have
identified that contract generally plays a great role in governing contractor as
well as the behaviour of the buyers. I have identified that cost plus type contract
generally forces the government contractors and generally creates impact on
the behaviour of the buyers. In addition to this, I have analyzed that proper
relationship generally exists between the contract as well as risk ownership. It is
found that if the contract that is not finished properly then there are chances of
occurring risk ownership.
Weekly notes
Are any of the
activities above
relevant to your
reflections for the
learning outcomes
on the right?
4. Explain and apply
methods of
identifying and
reconciling
inconsistent and
conflicting objectives
and drivers that
develop, maintain,
mange relationships
and communication
with key
stakeholders.
It is found that a contract must have an offer, acceptance, consideration,
capacity, mutual consent as well as legality for placing the contract to exist.
However, it is found that if writing can be absent then also the contract can be
still valid.
Furthermore, it is found that proper interaction exists between the other areas
of knowledge as well as various process of procurement. It is found that proper
information of the procurement is quite important. Furthermore, it is analyzed
that the interaction does not helps in making the project fail.
Tutorial
Reflection
I have identified that through this entire unit, proper discussion is generally performed on the topic Contractual Arrangements in Commercial Projects in
order to gain proper knowledge as well as information related with the topic. In addition to this, it is found that proper information as Contractual
Arrangements in Commercial Projects is quite necessary.
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(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 10
References
Anbari F.T., Giammalvo P., Jaffe P., Letavec C., and Merchant R. (Date Unknown) “The Chunnel Project”. PMI Case Studies in Project Management.
http://www.pmi.org/~/media/PDF/Academic/case%20studies/Chunnel%20Project.ashx Visited …../…/…
Kerzner H. 2013. Project Management: A Systems Approach to Planning, Scheduling, and Control, 11th Edition. Hoboken, USA: John Wiley & Sons.
Peña-Mora F., and Tamaki T. 2001. "Effect of Delivery Systems on Collaborative Negotiations for Large -Scale Infrastructure Projects”. Journal of
Management in Engineering. Vol:April 2001 pp.105-121
PMI. 2013a. A Guide to the Project Management Body of Knowledge (PMBOK Guide) 5th Edition. USA: Project Management Institute.
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