Project Management: Best Practices for Procurement and Contract Management

Running head: PROJECT MANAGEMENT
Project Management
Name of the Student
Name of the University
Author Note

1PROJECT MANAGEMENT
Table of Contents
Part C:.........................................................................................................................................2
Summary of Key Findings:....................................................................................................2
Best Practices for Procurement and Contract Management:..................................................2
Roles of Procurement and the Project Manager:....................................................................4
Part D:........................................................................................................................................4
Reflection Journal:.................................................................................................................4
References:.................................................................................................................................6

2PROJECT MANAGEMENT
Part C:
Summary of Key Findings:
In order to summarize the key findings it can be said that the public-private
partnership project is quite helpful for assuring success in the project (Roehrich, Lewis &
George, 2014).
The New Royal Adelaide Hospital project is also based on the public-private
partnership project format. However there were several issues that made the project not so
successful. When analysed properly it was seen that the due to proper planning, the project
was not completed in time. In fact the project was way behind its proposed schedule and
hence the budget has increased as well. Another important strategy to improve this kind of
public-private partnership project is to create a proper structure for the governance which
helps in executing the project successfully (Harrison & Lock, 2017). Although SA Health
developed the structure for the governance, it was not properly implemented. In the context
of these project, the risk management is an important factor which was not properly executed.
Although SA Health made some recommendations about it, there was not enough details in it
like how it should be implemented and it also lacked information about the requirements for
the same.
Best Practices for Procurement and Contract Management:
After a detail assessment has been done on the New Royal Adelaide Hospital project,
some external resources have also been referred to review the best practises that is applicable
to the Procurement and Contract Management.
While recommending best practise regarding the procurement management some
important strategy that should be noted here are supply chain establishment, staff and supply
chain alignment. The supply chain establishment is one of the primary requirement that