PPMP20011 Week 10 Portfolio Report: Contractual Arrangements Analysis

This report, a Week 10 portfolio submission for PPMP20011, delves into contractual arrangements within commercial projects, drawing on the Chunnel Project as a case study. It references key resources such as the Australian National Audit Office (2012), HB 140-2000, Kerzner (2013), and PMBOK (2013) to define and analyze the legal and practical aspects of contracts, including the importance of offer, acceptance, and the legal capacity to form a contract. The report highlights the application of public-private partnerships and the challenges encountered, like poor scope planning. It emphasizes the role of the contracting process, the importance of legal processes, and the significance of standards. The report also mentions the public and private companies striving to comply with standards. The report also includes a bibliography of the sources used.

(Santosh reddy kamballapally) / (12043714) - PPMP20011 Course Portfolio for Week 10
Weekly Portfolio Learning Table
Description of
topics including
reading samples
Learnings from your experience, this and prior course reading,
assignments
Supporting
documentation
including your
prior learning
Week 10 Topic:
Contractual
Arrangements in
Commercial
Projects.
Case Study for the
Chunnel Project;
Australia National
Audit Office (2012)
Developing and
Managing
Contracts -
Getting the right
outcome, achieving
The spectrum of contractual arrangements shows the forms of
public-private partnerships that define a typical contract. It outlines
the responsibilities of the parties involved and allocates the risks.
Australian National Audit Office (2012) defines a contract as an
agreement between parties. For such contracts to be legally binding,
it is important for them to have an offer and acceptance, the price
paid, intention to establish the agreement, and the legal capacity to
fast-track the contract. This implies that contracts are based on an
individual’s free will leading consent or understanding (PMBOK
2013). However, any duress, unconscionable dealings, undue
influence, or false statement can render a contract void.
The public-private partnership was the contract type applied in the
construction of Channel Tunnel. The concession contract defined
the original contract in which the Eurotunnel was expected to
PPMP20011 Course
Profile
PPMP20011 Moodle
Website
Have you any
insights you can add
from other units you
have studies or
readings you’ve
made?
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(Santosh reddy kamballapally) / (12043714) - PPMP20011 Course Portfolio for Week 10
Description of
topics including
reading samples
Learnings from your experience, this and prior course reading,
assignments
Supporting
documentation
including your
prior learning
value for money;
HB 140-2000
Administration
manual for AS
4000-1997 General
conditions of
contract;
Kerzner (2013)
Chapter 19
Contract
Management;
Law handbook;
Wikipedia
undertake the work. However, this contract was affected by various
challenges, such as poor scope planning and initiation (PMBOK
2013). For instance, the government allowed the intention to be
determined in the competition phase leading to poor coordination
and unpredictability. As part of the public-private agreement, the
funding of the project was a responsibility of the private
organization. Financing such projects without loan guarantees and
government aid was a mistake. The contracting process should
undergo the legal process to make it valid. An individual needs to
train on the HB 140-2000 as the standard of contracting processes.
Private and public companies have strived to comply with the HB
140-2000 standards. However, with limited resources, the
companies seek a partnership to meet the project targets.
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(Santosh reddy kamballapally) / (12043714) - PPMP20011 Course Portfolio for Week 10
Description of
topics including
reading samples
Learnings from your experience, this and prior course reading,
assignments
Supporting
documentation
including your
prior learning
Australian
Contract Law;
PMBOK (2013)
Chapter 12 Project
Procurement
Management;
Procurement Rules
- Australian;
- Victorian;
- WA;
- NSW;
- QLD;
- USA.
Guardian News
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(Santosh reddy kamballapally) / (12043714) - PPMP20011 Course Portfolio for Week 10
Description of
topics including
reading samples
Learnings from your experience, this and prior course reading,
assignments
Supporting
documentation
including your
prior learning
article 7th April
2004 Deep in debt.
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(Santosh reddy kamballapally) / (12043714) - PPMP20011 Course Portfolio for Week 10
Bibliography
Australian National Audit Office 2012, February, Developing and managing contracts: getting the right outcome, achieving value for money.
available at https://www.anao.gov.au/work/better-practice-guide/developing-and-managing-contracts-getting-right-outcome-achieving-value
[Accessed 19 September 2017].
HB 140-2000 Administration manual for AS 4000-1997 General conditions of contract (via the CQU Library Standards database link).
PMBOK 2013, Chapter 12 Project Procurement Management, PMI, Pennsylvania.
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