Procurement Management

    Unit code: NBC4001 | Study level: Undergraduate
    12
    (Generally, 1 credit = 10 hours of classes and independent study.)
    Footscray Park
    Online Real Time
    N/A
    Overview
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    Overview

    This unit develops students’ understanding of the responsibilities of various stakeholders as well as their liabilities by comparing different types of procurement systems and project delivery in built environment projects. The law relating to principles and practice of project procurement management is also considered. Practical assessments will equip students to both develop skills in analysing contractual issues and facilitate relationships between various stakeholders in a project. The roles and responsibilities of each stakeholder, risk apportionment between various stakeholders and determination of risks to be covered by insurances, bonds or other risk allocation instruments are all investigated.

    Learning Outcomes

    On successful completion of this unit, students will be able to:

    1. Critically analyse a range of procurement systems to develop project delivery strategy for a variety of built environment projects;
    2. Evaluate complex problems associated with contract management to propose procurement solution for built environment projects;
    3. Critically review the general principles and application of contract management, including procurement strategies relating to tenders applied to projects; and
    4. Analyse contractual risks for built environment projects and extrapolate principles to the allocation and management of a contract.

    Assessment

    For Melbourne campuses

    Assessment type: Project
    |
    Grade: 10%
    Preliminary Report
    Assessment type: Test
    |
    Grade: 50%
    Tests
    Assessment type: Project
    |
    Grade: 30%
    Team Case Study
    Assessment type: Project
    |
    Grade: 10%
    Team Presentation

    Required reading

    Reading materials will be provided in VU Collaborate.

    As part of a course

    This unit is studied as part of the following course(s):

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