M3

Question 1

What are some project procurement best practices?

Answer 1

• Well-defined requirements and procedures
• Extensive training and team-building activities
• Well-established conflict management processes in place
• Frequent review and status updates
• Co-location when needed
• Fair and incentive-laden contracts
• Long-term outsourcing relationships

Question 2

What is Project Partnering?

Answer 2

The process of transforming contractual arrangements into a cohesive, collaborative team that deals with issues and problems encountered to meet a customer’s needs.

• Assumes that the traditional adversarial relationship between the owner and contractor is ineffective and self-defeating.
• Assumes that both parties share common goals and mutually benefit from the successful completion of projects.

Factors favouring partnering:
* Motivated by common goals
* Avoid high costs of the adversarial approach
* Shared benefits of the collaborative approach

Question 3

What is Design Build?

Answer 3

Design-build is a method of project delivery in which one entity - the design-build team - works under a single contract with the project owner to provide design and construction services. One entity, one contract, one unified flow of work from initial concept through completion.

Question 4

What is project procurement vs generic/operational procurement

Answer 4

Project-based procurement is the process of purchasing materials for a specific project over a predetermined period of time.

Operational procurement signifies the procurement of goods and services needed for sustaining an institution’s daily business processes.

Question 5

Whats the role of the Project Manager?

Answer 5

• Understand the procurement processes in your organization, as well as the constraints/priorities of procurement staff
• In-depth understanding of project scope and procurement needs (including human resources)
• Make-or-buy decision
• Research criteria for items that need to be procured
• Develop procurement documents
• Identification of suitable sellers
• Evaluation of sellers
• Contract management and seller performance monitoring
• Documentation and closeout of contracts