procurement management

PART 1: PART 2: PROCUREMENT MANAGEMENT PLAN CONTRACT ADMINISTRATION In Part 1 your group will be preparing and submitting a Procurement Management Plan based on the criteria outlined herein and developed from the knowledge areas covered in the first part of this course. For the purposes of this exercise, in Part 1 you will be acting as the Owner. In Part 2 your group will be analyzing four (4) hypothetical contract administration challenges that I have created for you and you will use the various resources and knowledge to provide a written summary and recommendation on the most appropriate course of action to resolve the complex issues. 2. PART 1 PROCUREMENT MANAGEMENT PLAN The Procurement Management Plan should be defined and detailed with enough information to clearly identify the necessary steps and responsibilities for procurement from the beginning to the end of a project Step 1: Defining the Project As a group you will define the project parameters to provide you with the necessary context to start making key decisions and building the Procurement Management Plan. The following are some guiding questions that you will need to consider: a) Select and define a medium scale construction project (~$15-30 million) and briefly describe its scope. What is the benefit of its construction and why was the project being undertaken? This project does not have to be a real-life project; however, the details could mirror one. I do not need to see evidence of an industry scan of current or past construction projects of this size. b) Some other items to consider are introduction to the organizations need/demand, how this project will meet that need/demand and its general parameters for acceptance (time, budget, scope)