29 Jul HOW MUCH CONTROL OVER THE PROJECT SCOPE, PRICE, AND SCHEDULE SHOULD THE CONTRACTOR HAVE UNDER EACH CONTRACT TYPE?
There are many reasons to pursue business process outsourcing and project procurement, including flexibility, improving methodologies, and increasing productivity. Taking into consideration budget, scope, schedule, and risk, what are some of the other reasons to contract part or all of a project or business process? What are some of the drawbacks to outsourcing? Again, consider this question from the budget, scope, schedule, and risk standpoint.
Week 1 DQ 2 Contract vs. Project Management (Graded)
A project manager and a contract manager are both needed to administer a procured project or process. If you were the project manager, how would you work with the contract manager to ensure a successful procurement? In answering this question, consider such issues as at what point you would want to get the contract manager involved in the project, what areas of the contract you would want to be his/her responsibility, how much and what types of communication you would want the seller (i.e., the contracted firm) to have with the contract manager, and who would handle conflicts that might arise with costs, schedules, or scope.
Week 2
Week 2 DQ 1 Contract Pricing Options (Graded)
Assume that you have made the final payment on a one-acre residential lot you purchased years ago to build your retirement home. You are now ready to build your dream home. This will be your ongoing project for the next couple of years. Which contract structure (fixed price, unit price, reimbursable) do you think you would use to proceed with your project? Explain your choice.
Week 2 DQ 2 Project Control (Graded)
What are the differences among a fixed price contract, a time and materials contract, and a reimbursable contract in terms of how well-defined a contract needs to be relative to price, scope, and schedule prior to the commencement of any work? How much control over the project scope, price, and schedule should the contractor have under each contract type?
Week 3
Week 3 DQ 1 RFP Requirements (Graded)
Consider again the dream retirement home that you were building as part of the Week 2 discussion. Assume you are working on the request for proposal to be bid on by some local general contractors. Using the outline of the RFP sections discussed this week, what are some specific questions or areas of detail you would put in your RFP? What are some ways you’d tailor your RFP to make sure you knew if the local general contractor you choose will meet all of your success criteria?
Week 3 DQ 2 RFP Evaluations (Graded)
It is very common to find buyers that fail to identify the RFP evaluation criteria during the project procurement planning process, and in fact do not define the evaluation criteria until after proposals have been received and the evaluation process is set to begin. What do you think is the risk of waiting until bids have been received to establish the evaluation criteria to be used to select a preferred contractor?
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