Project Management | Newcastle Mater hospital

Added on - 16 Sep 2019

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Project Management
Table of ContentsIntroduction......................................................................................................................................5Tendering and procurement method................................................................................................5Stages of procurement.....................................................................................................................61.Inception stage......................................................................................................................62.Development stage................................................................................................................9Funding decision............................................................................................................................103.Implementation stage..........................................................................................................10Investigation of documents............................................................................................................11Procurement strategy..................................................................................................................11Standard form of contract..............................................................................................................12Risk management strategy.............................................................................................................13Case study......................................................................................................................................14Business Diversity.........................................................................................................................15PPP method....................................................................................................................................15Analysis of method........................................................................................................................16Guidelines of the model.............................................................................................................17Findings.........................................................................................................................................20Suggestions....................................................................................................................................21Recommendation...........................................................................................................................21Conclusion.....................................................................................................................................21References......................................................................................................................................23
Executive SummaryThe PPP procurement and tendering methods helps to meet the shortfall of funds and projectcompletion on time. The stages of procurement strategy include inception, development, andimplementation stage. The investigation of documents includes procurement strategy whichhelps to take the effective decision to complete the project on time. The standard of contractincludes AS2124-1992, NPWC3-1981, GC21, AS4000-1997,AS212-1992, AS4300-1995,and AS4916-2002. The checklist approach is used to examine the risk which helps to identify theareas of risk and that can be mitigated to eliminate the various obstacles in completing theproject. The case studies include Newcastle Mater hospital, Northern beaches heath service andthe new Maitland hospital. The business diversification such as coffee shops, hospitals andothers helps to meet the shortfall of funds. The various approaches of PPP method includeBOOT, BOT, DBFM, and BOO. The BOOT approach is recommended with the implementationof CSF.
IntroductionIn this present paper, we will discuss the tendering and procurement method investigation whichis suitable for the extension to the Mater Hospital in Newcastle. The paper also describes theanalysis of procurement and tendering method, stages of procurement, investigation ofsupporting documents, risk management strategy, and findings.The strategies for procuring the major infrastructure process remain the same for twenty-fiveyears. It helps to reduce the major hurdles in completing the project such as cost overruns andincidence of time. The objective and requirements of the project owner need to be matched withthe procurement strategy. It is necessary to understand the characteristics and requirements of theproject before selecting the procurement method. The bespoke solution is required in order tomeet the objectives of a project. The objective identification and prioritize them is one of themost difficult tasks because the procurement method is selected on the basis of project objectiveand scope. According to the New South Wales government, the choosing of procurement methodrequires establishing the appropriate overall arrangement, contract system and criteria to managethe procurement by the agency. The building of successful procurement method requires sevensteps: choosing of house project executive, principal advisor appointment, carefully decides therequirement of consumers, total time duration of the project, choosing of procurement path,choosing of the particular company to work with and designing a site.Tendering and procurement methodThe procurement method is defined as the form of contract and procurement process which isused to with the respective delivery model as documented in the strategy of procurement.
Stages of procurement1.Inception stageStep: 1Data gatheringIn this stage, the data is gathered and documented all the relative information of the project sothat the effective profile can be developed against the potential delivery model and methods ofprocurement. It is the essential precursor to the development of specification and project briefwhich are the key documents to explain the characteristics of project, requirements of projectowner and formation part of the procurement process which is issued to the market. Followingareas needs to be covered for gathering data:a.ObjectiveIt comprises of social, operational agency objective, safety related, economic and any legalbenefit of the project.b.RequirementsIt includes the requirements of the project such as delivery of core services.c.CharacteristicsIt includes location, site status, project value, scale and size, geographical conditions,disposal needs and demolition, project features, quality standards, design, scope, keychallenges, opportunities and others.d.RiskIt includes the risk management plan which helps to mitigate the risk related to the projectsuch as agency risk culture, political risk, market risk, site issues, and shareholders related
risks. The review of stakeholder's environment and analysis of present options must be doneto manage the risk related to stakeholders. The checklist is used by the authors rather thanstandardized risk analysis which helps to consider various types of risk factors. The checklistapproach helps assess the risk in a tailored form. The robust analysis is considered forassessing the risk in the high-value complex projects. It is important to consider the riskrelated to the delivery of the project which helps to manage the risk in an efficient andeffective manner.e.Agency capabilityThere are various project delivery methods which need to be considered by the projectowner. The various factors must be considered such as the capability of human resource, thelevel of oversight the agency, ability of an agency to manage the specific delivery model onthe new contract form.f.Market positionThe appetite of the market for risk and views related to the various delivery models withrespect to each activity such as soundings of market and briefings of an industry. The D&Cdelivery model is suitable for the high-value projects.The early contractor involvement (ECI) is defined as the two stage delivery model which isused to resemble the project alliance model at the first stage of the project and in stage D & Cmodel is applied. The model is mainly designed to maintain the cost, good relationship andoutcomes of construction by fostering the involvement of contractor of construction at thepreliminary stages of project delivery which includes design and development of a project. Itis the delivery model which helps to reduce the risk by maintaining the cost, outcome, andrelation which are the successor of the project completion on time.
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