Commercial contract management

Assignment
Background: A client, an established entrepreneur, has developed a new business initiative and is keen that you provide independent project management services. He has run many projects but recently two of his schemes have been delivered late and overbudget. Last year [20011/2012 financial year April to April] he ran 8 projects ranging between €250,000 and €5,000,000 with a total expenditure of >€30M; he expects that total projects will be similar this year and next year.
Answer all parts of this question.

(a) Produce a report for the client outlining the benefit of employing an independent project manager. In particular the client seeks advice about:

1. procurement; and

2. standard forms of contract.
i. In particular removing (“sacking”) contractors who perform poorly in terms of:
1. programme [they cause delay];
2. cost [they seek more money];
3. quality [their work is poor quality].
15 marks

(b) Propose and justify a contractual arrangement between the client and you for your services.
2½ marks
(c) Compare and Contrast the provisions in standard form contracts for payment of the contractor [e.g. payment when complete; or stage/interim etc]
2½ marks

Requirements: not to exceed 2000 words, there is no minimum word count. This is not an essay. You may choose the industry and country within which the Client operates.
Questions or queries on the assignment can be posted at the Blackboard Discussion board.
Submission

 

Commercial & Contract Management

Commercial and Contact Management, Please us this textbook as a reference (commercial management theory and practice david lowe).

The anticipated word count for the paper is 2000 words; this does not include references, diagrams, tables, appendixes, footnotes etc. Words in excess of the maximum word count will be disregarded and not marked. Papers that do not meet the word count will not be specifically penalized. However, it is to be expected that the mark awarded will reflect any resultant lack of content and development. please keep it 2000 word as mentioned above Do not hesitate to contact me if there is anything needed

Commercial & Contract Management

Commercial and Contact Management, Please us this textbook as a reference (commercial management theory and practice david lowe).

The anticipated word count for the paper is 2000 words; this does not include references, diagrams, tables, appendixes, footnotes etc. Words in excess of the maximum word count will be disregarded and not marked. Papers that do not meet the word count will not be specifically penalized. However, it is to be expected that the mark awarded will reflect any resultant lack of content and development. please keep it 2000 word as mentioned above Do not hesitate to contact me if there is anything needed