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ARCT40090 Procurement & Contracts Assignment Sample Ireland

Procurement and contracts are two important aspects of doing business. Procurement is the process of acquiring goods or services, while contracts are agreements between two or more parties.

In order to get the best deals when procuring goods or services, it’s important to understand the procurement process and what goes into making a good contract. Here are a few tips:

  • Make sure you know what you’re looking for before you start shopping around. This will help you narrow down your options and make it easier to compare bids.
  • Don’t be afraid to ask for quotes from multiple vendors. This will give you a better idea of what the market rate is for the goods or services you’re looking for.
  • Read the contract carefully before signing. Make sure that you understand all of the terms and conditions, and that the contract meets your needs.
  • If you have any questions or concerns, don’t hesitate to speak to a lawyer or other legal professional.

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The procurement process can seem daunting at first, but it’s important to remember that with a little research and planning, you can get the best deals possible. By understanding contracts, you can protect yourself and your business from any potential legal issues.

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In this module, there are many types of assignments given to students like individual assignments, group-based assignments, reports, case studies, final year projects, skills demonstrations, learner records, and other solutions given by us. We also provide Group Project Presentations for Irish students.

In this section, we are describing some tasks. These are:

Assignment Task 1: Demonstrate an ability to give professional advice to a client throughout all stages of a project from inception to completion.

The process of working with a client to deliver a project can be broken down into several stages. Here’s a look at each stage and the type of advice you might provide your client at that point in the project:

  1. Inception – during this phase, you’ll want to help your client determine the objectives of the project and what they hope to achieve. You’ll also want to get a sense of their budget and timeline. As part of this process, it’s important to ensure that all stakeholders are on board with the project and that everyone has a clear understanding of their role.
  2. Planning – during this phase, you’ll work with your client to create a plan for how the project will be executed. This will include a timeline, budget, and project scope. You’ll also need to make sure that all necessary approvals are obtained.
  3. Execution – during this phase, you’ll work with your client to ensure that the project is being executed according to plan. This includes ensuring that all team members are working together effectively and that the project is on track budget- and schedule-wise.
  4. Delivery – in this phase, you’ll work with your client to make sure that the project is delivered on time and within budget. You’ll also want to make sure that all stakeholders are happy with the final product.
  5. Closure – once the project is completed, it’s important to wrap things up by conducting a final review and making sure that all stakeholders are satisfied. You’ll also want to archive all project documents and files.

As a project manager, it’s your responsibility to provide your client with the advice they need to succeed throughout the entire project lifecycle. By following the tips above, you can help ensure that your client is happy with the final product.

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Assignment Task 2: Demonstrate a good understanding of building procurement, including standard/ non-standard forms of contracts, methods of procurement, and contract administration.

It’s important to understand that there are essentially two types of contracts when it comes to construction procurement: standard and non-standard. A standard contract is one that adheres to the specific terms, conditions, and procedures as set forth in an industry-recognized document, such as a standard form contract or government specification.

A non-standard contract, on the other hand, is one that deviates from the specific terms, conditions, and procedures as set forth in an industry-recognized document. In some cases, a non-standard contract may be used when an owner desires to procure a product or service that is not addressed by a standard form contract. In other cases, a non-standard contract may be used when an owner desires to make changes to the standard form of contract.

There are several methods of procurement that can be used when building a project: open, closed, negotiated, or design-build. Each method has its own advantages and disadvantages, so it’s important to understand which one is best for your project.

Contract administration is the process of managing the contract between the owner and contractor throughout the course of the project. This includes ensuring that both parties are complying with the terms and conditions of the contract, handling any disputes that may arise, and making sure that all paperwork is completed correctly. As a project manager, it’s important to have a good understanding of contract administration so that you can ensure that your project runs smoothly.

Assignment Task 3: Demonstrate an ability to critically appraise contractual issues, to formulate and implement solutions (in the context of administering a contract and providing professional advice).

When it comes to contractual issues, there are a few things that are important to keep in mind. First, it’s important to read the contract thoroughly and understand all of the provisions. Next, it’s important to consider all of the potential ramifications of each provision and to think through how the contract will be administered and what problems could potentially arise.

Once you have a good understanding of the contract and its implications, you can begin to formulate solutions to potential problems. And finally, once you have a plan in place, you can implement those solutions effectively and efficiently. In short, being able to critically appraise contractual issues is essential for anyone who wants to be a successful project manager.

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Assignment Task 4: Demonstrate an ability to advise and implement effective project management, including programming and cost management.

Project management is the process of planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives. It’s essential for programming projects, as well as for any project with a budget. The goal of cost management is to ensure that the project stays within its budget constraints.

There are a number of key steps that are necessary for effective project management and cost control: 

  1. Define the project goals and objectives. This should be done at the beginning of the project, in close consultation with all stakeholders. 
  2. Develop a detailed plan that outlines how the goals will be achieved, including timelines and milestones. 
  3. Assign specific tasks to team members, and establish timelines and deadlines for each task.
  4. Track progress against the plan, and make changes as necessary to ensure that the project remains on track.
  5. Manage budget constraints, and make changes to the project plan as needed to stay within budget.
  6. Finalize the project plan, and ensure that all stakeholders are in agreement with the final version.
  7. Implement the project plan, and ensure that all team members are aware of their roles and responsibilities.
  8. Monitor progress and revise the plan as needed, ensuring that the project stays on track and within budget.
  9. Complete the project and hand it over to the client.

Project management is a complex process, but if you understand the key steps and put in the hard work, you can be sure to achieve successful results.

Assignment Task 5: Demonstrate an understanding of the principles of risk identification, risk management, and the requirements of construction insurance.

Risk identification is the process of identifying potential hazards and threats to a project. Risks can be identified at various points in the project life cycle, including during the planning phase, design phase, and construction phase.

Risk management is the process of assessing, prioritizing, and taking steps to mitigate risks. Risk mitigation strategies may include changes to the project plan or design, purchase of insurance policies, or other actions.

The requirements of construction insurance vary depending on the type of policy purchased. Some common types of construction insurance policies include builder’s risk insurance, general liability insurance, and automobile liability insurance. It’s important to consult with an insurance broker to ensure that you purchase the policies that are right for your project.

Risk identification, risk management, and the requirements of construction insurance are all essential aspects of any successful programming project. If you understand these concepts and put them into practice, you can minimize the risks to your project and protect yourself and your team from potential liabilities.

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Assignment Task 6: Demonstrate an ability to initiate and manage good documentation and a system of record keeping.

Documentation and system of record-keeping are essential to any business operation. By maintaining accurate and up-to-date documentation, you ensure that critical business information is readily accessible when needed.

Documentation also provides a historical record of your operations, which can be valuable in the event of an audit or legal dispute. In addition, a well-organized system of record-keeping can help you track inventory levels, personnel records, and other important data.

Good documentation and system of record-keeping require regular maintenance and updates to ensure accuracy. It’s also important to have a plan for disaster recovery in case of loss or damage to your documents. With careful planning and execution, you can create a system that will help your business run smoothly and efficiently.

Project management is a complex process, but if you understand the key steps and put in the hard work, you can be sure to achieve successful results. By understanding risk identification, risk management, and the requirements of construction insurance, you can protect your project from potential hazards and liabilities. And by maintaining good documentation and a system of record-keeping, you can ensure that your business runs smoothly and efficiently.

Assignment Task 7: Demonstrate an ability to communicate clearly and comprehensively.

Many people believe that dark chocolate tastes nasty because their palate requires a high level of sweetness to go with the chocolate flavor. However, this is not the only reason why some people find dark chocolate unappetizing.

Dark chocolate has a bitter taste because it contains higher levels of cocoa solids than milk or white chocolate. Cocoa solids are made up of flavonoids, which are plant-based compounds that have powerful antioxidant properties. The downside is that these same flavonoids can also produce a bitter taste.

Additionally, many people avoid eating dark chocolate because it is high in calories and can lead to weight gain if eaten in large quantities. Dark chocolate is also a source of saturated fat, which can contribute to heart disease if eaten in excess.

Despite these drawbacks, dark chocolate does offer some health benefits. It is a good source of magnesium, potassium, and other minerals, and it contains antioxidants that can help protect against cancer and heart disease.

So why do people like or dislike dark chocolate? The answer is complex and depends on a variety of factors, including personal taste preferences and health concerns. However, the key thing to remember is that not everyone enjoys the same things, and that’s OK.

As a project manager, it’s essential to be able to communicate clearly and comprehensively. This means understanding your audience and adapting your communication style to fit their needs. It also means being clear and concise, using language that is easy to understand.

Project managers need to be able to communicate with a variety of people, from team members to clients to senior management. By developing effective communication skills, you can ensure that all stakeholders are kept up-to-date on project progress and that important information is not lost in translation.

Successful communication requires patience and practice. If you are willing to put in the effort, you can develop the skills necessary to effectively communicate with anyone, anywhere.

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