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Reflection Journal Analysis for Complex Projects and Financial Risks

   

Added on  2022-11-14

5 Pages1153 Words459 Views
Leadership Management
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Running head: REFLECTION JOURNAL ANALYSIS
REFLECTION JOURNAL ANALYSIS
Name of the Student
Name of the University
Author Note
Reflection Journal Analysis for Complex Projects and Financial Risks_1

1
REFLECTION JOURNAL ANALYSIS
After attending the course analysing course materials identify that there are someTypical
procurement and financial risks require to be managed for complex projects. Analysing of
these constraints is important for successfully managing the project. from the course I have
identified some project constraints for Complex projects including procurement management
financial risk vendor negotiation stakeholder management n delivery of project within
approved timeline and budget. The concept that I have learnt from the course has been
applied for analysing the case study of nRAH project. Some of the procurement risk that I
have identified from the project case study related to this nRAH project are:
Project delays due to lack of vendor commitment
Cost pressures due to increase in product cost by vendor
the ppp contractual requirements that are defined in the PPP agreement has
violated
Exposures to legal risk for breach of contract
Claims that are made against the state is not accurate
Industrial disputes regarding service and contract
Inadequate delivery designed for various health enterprise ict systems designed for
health enterprise is not adequate
Uncoordinated relocation to the new rah site adversely affecting the safe transition
of
Services and patients
staff deployed by the vendor does not have required expertise

the intended benefits and outcomes that are delivered in the project is not adequate
delivery model in the project is not sustainable
Reflection Journal Analysis for Complex Projects and Financial Risks_2

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