Identifying and Managing Project Risk - PDF
Added on 2021-06-17
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(Insert Student Name) / (Insert Student Number) - PPMP20013Unit Portfolio for Week 6Week 6: Identify and apply project contract conditions to project teams and project processes.Reading samplesLearning outcomes of the unitLearnings from your weekly study, experience, this and prior unit readings and assignmentsSupporting documentation including any prior learningMandatory ReadingsSmith Chapters 11 & 12;Australian Contractors Association (ACA) Relationship Contracting;Optional ReadingsBMA's Caval RidgeMine;Adani Mining Pty Ltd Carmichael Coal Mine and RailProject;Case StudyEnhanced instructions and grading criteria.1.Identification of factors which determine the type of contract for selectionThe learning objectives are identification of factors which determine the type of contract for selection. There should be an understanding of process payments and reduction of problems in changing contractor’s working scope. There shouldbe an agreement between the organization as well as service provider. The contracts are written documents describe obligations of the parties which are signed by the authority to present the interests of parties. There are various influences on contract types on effectiveness of contractor relationships into the construction projects. Relationship among the owner as well as contractor is considered which have required influence on performance of project. The influence is based on whether the parties have proper relationship with the project and they have to build longer term relationship throughout the consecutive projects. Relationships have key significant influence on the performance of project. Lecture slidesMandatory ReadingsSmith Chapters 11 & 12;Australian Contractors Association (ACA) Relationship Contracting;2.Large asset owner might use different types of project contracts to manage their projectsThe study is suggested of various contract types for influencing relationships between the project owners along with contractor which leads to various results. It is based on project performance, cost as well as schedule. There are contracting along with procurement approaches that are based on competitive bidding. 1 of 4
(Insert Student Name) / (Insert Student Number) - PPMP20013Unit Portfolio for Week 6Reading samplesLearning outcomes of the unitLearnings from your weekly study, experience, this and prior unit readings and assignmentsSupporting documentation including any prior learningOptional ReadingsBMA's Caval RidgeMine;Adani Mining Pty Ltd Carmichael Coal Mine and RailProject;Case StudyEnhanced instructions and grading criteria.Mandatory ReadingsSmith Chapters 11 & 12;Australian Contractors Association (ACA) Relationship Contracting;Optional ReadingsBMA's Caval RidgeMine;Adani Mining Pty Ltd Carmichael Coal Mine and RailProject;Case StudyEnhanced instructions and 3. Influence the project outcomes, performance, and cost through different types of contracts or contract processesThe study is focused on investigating the influence of contract types on owner relationship. The study is mainly focused on investigating influence of the contract types on the owner contractor relationship. The empirical studies are evaluated with the quality and performance of collaborative actions on outcomes of the collaborative actions. The study is provided of valuable information for the managers those can understand how to design collaborative relationships. Lecture slides2 of 4
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