Project Management | Newcastle Mater hospital
23 Pages4798 Words412 Views
Added on 2019-09-16
Project Management | Newcastle Mater hospital
Added on 2019-09-16
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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 project completion on time. The stages of procurement strategy include inception, development, and implementation stage. The investigation of documents includes procurement strategy which helps to take the effective decision to complete the project on time. The standard of contract includes 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 the project. The case studies include Newcastle Mater hospital, Northern beaches heath service and the new Maitland hospital. The business diversification such as coffee shops, hospitals and others helps to meet the shortfall of funds. The various approaches of PPP method include BOOT, BOT, DBFM, and BOO. The BOOT approach is recommended with the implementation of CSF.
IntroductionIn this present paper, we will discuss the tendering and procurement method investigation which is suitable for the extension to the Mater Hospital in Newcastle. The paper also describes the analysis of procurement and tendering method, stages of procurement, investigation of supporting documents, risk management strategy, and findings.The strategies for procuring the major infrastructure process remain the same for twenty-five years. It helps to reduce the major hurdles in completing the project such as cost overruns and incidence of time. The objective and requirements of the project owner need to be matched with the 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 to meet the objectives of a project. The objective identification and prioritize them is one of the most difficult tasks because the procurement method is selected on the basis of project objective and scope. According to the New South Wales government, the choosing of procurement methodrequires establishing the appropriate overall arrangement, contract system and criteria to manage the procurement by the agency. The building of successful procurement method requires seven steps: choosing of house project executive, principal advisor appointment, carefully decides the requirement 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 is used 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 so that the effective profile can be developed against the potential delivery model and methods of procurement. It is the essential precursor to the development of specification and project brief which are the key documents to explain the characteristics of project, requirements of project owner and formation part of the procurement process which is issued to the market. Following areas needs to be covered for gathering data:a.ObjectiveIt comprises of social, operational agency objective, safety related, economic and any legal benefit 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, key challenges, opportunities and others. d.RiskIt includes the risk management plan which helps to mitigate the risk related to the project such 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 done to manage the risk related to stakeholders. The checklist is used by the authors rather than standardized 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 for assessing the risk in the high-value complex projects. It is important to consider the risk related to the delivery of the project which helps to manage the risk in an efficient and effective manner.e.Agency capabilityThere are various project delivery methods which need to be considered by the project owner. The various factors must be considered such as the capability of human resource, the level of oversight the agency, ability of an agency to manage the specific delivery model on the new contract form.f.Market positionThe appetite of the market for risk and views related to the various delivery models with respect to each activity such as soundings of market and briefings of an industry. The D&C delivery model is suitable for the high-value projects.The early contractor involvement (ECI) is defined as the two stage delivery model which is used 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 and outcomes of construction by fostering the involvement of contractor of construction at the preliminary stages of project delivery which includes design and development of a project. It is the delivery model which helps to reduce the risk by maintaining the cost, outcome, and relation which are the successor of the project completion on time.
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