... | | The course project for PM598 consists of three parts, which provide familiarization to processes associated with Contract and Procurement Management. • Part 1 (PP1) of the course project focuses on the first section of the RFP and entails selecting one of the three RFP procurement cases listed under the PP1 section and using the PP1&2 - Course Project RFP Template document in the Doc Sharing area to develop information to support section one of the RFP. • Part 1 (PP2) of the course project entails completing the remaining sections of the RFP by developing a comprehensive document that could be submitted to a vendor. • Part 3 (PP3) of the course project entails selecting one of the three case studies from the PP3 - Course Project Case Study document in the Doc Sharing area and answering questions that demonstrate an understanding of the Garrett text. The deliverable for PP3 is a seven-page document that addresses each of the questions specified for the case study selected. This three-part project provides an overview of the processes and material that is used to develop a RFP as well as address relevant questions that could result from Contract and Procurement management. The points assigned to each part of the course project are listed below: |Course Project Assignment | Due |Points | | Course Project Part 1 (PP1) |Week 2 |40 | ...
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...bThe course project for PM598 consists of three parts, which provide familiarization to processes associated with contract and procurement management. • Part 1 (PP1) of the Course Project focuses on the first section of the RFP and entails selecting one of the three RFP procurement cases listed under the PP1 section and using the PP1&2 - Course Project RFP template document in the Doc Sharing area to develop information to support section one of the RFP. • Part 1 (PP2) of the Course Project entails completing the remaining sections of the RFP by developing a comprehensive document that could be submitted to a vendor. • Part 3 (PP3) covers all of the TCOs but touches mainly upon textbook Chapters 9 through 12. You will be required to identify an opportunity through https://www.Fbo.gov and follow the instructions, which are located in the Doc Sharing section. This three-part project provides an overview of the processes and material that are used to develop a RFP as well as address relevant questions that could result from contract and procurement management. The points assigned to each part of the Course Project are listed below: |Course Project Assignment |Due |Points | |Part I (PP1) - RFP Section 1 |Week 2 |40 | |Part II (PP2) - Complete RFP |Week 4 |125 | |Part III (PP3) - Formal Proposal Submission |Week 6 |125 | |Total | ...
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...Requisition and Solicitation TS5333- Project Bdgt Procur & Quality November 22, 2015 Contents Introduction 2 Request for quotation 2 Request for Proposal 3 Request for Information 4 Invitation to Bid 5 What is Best for this Project 6 References 7 Introduction Procurement documents make up the package you send out to potential sellers. This package can be called a bid, tender, or quotation when the primary deciding factor is price. When the buyer is looking for a technical solution and is weighing factors other than price, you might hear the term proposal. (Phillips, 2010) Procurement planning is the process of identifying which project needs can be best met by procuring products or services outside the project organization. It involves consideration of whether to procure, how to procure, what to procure, how much to procure, and when to procure it. When the project obtains products and services from outside the performing organization, the processes from solicitation planning. (Project Management Institute) Request for quotation A request for quotation (RFQ) is a standard business process whose purpose is to invite suppliers into a bidding process to bid on specific products or services. RFQ generally means the same thing as IFB (Invitation for Bid). An RFQ typically involves more than the price per item. Information like payment terms, quality level per item or contract length are possible to be requested during the bidding process. (Rosemann, 2010) To...
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...PM598 – Contract and Procurement Management RFP Template: Template notes: ------------------------------------------------- The formats of RFP's used by companies and government agencies are seldom the same. The organization of the technical, management, and commercial information included in RFP's varies. There are six commonly used sections of information that procurement groups include in RFP's. We will use these six sections as a template for your RFP’s. ------------------------------------------------- 1. Instructions to Bidders 2. Description of Work 3. Proposal 4. Specifications and Drawings 5. Special Conditions ------------------------------------------------- 6. General Conditions and Contract Agreement The Instructions to Bidders provide sufficient information to bidders to allow them to prepare a responsive bid proposal. Most of this information is not required in the final contract for the work. The information in the Description of Work, Proposal, Specifications and Drawings, Special Conditions, and the General Conditions and Contract Agreement sections is included in the final contract for the work. The remainder of this template discusses each of these sections included in RFP's. Please feel free to type “N/A” under sections that are not applicable to your project and to add sub-sections as desired. Also, you will want to delete the description information (in blue) after you have added your data under each section of the template. How...
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...1.What is the concept of procurement in the context of the public sector? Investopedia.com defines procurement as the act of purchasing. In the public sector, procurement is the acquisition of products and services on behalf of the government (2016). The Office of Federal Procurement Policy (OFFP), which was created by congress in 1974 to guide government-wide procurement policies to promote efficiency and effectiveness in the acquisition process. The OFFP states that it is very important for the government to ensure that it spends money wisely and eliminates waste and abuse of taxpayers’ dollars (OFFP, 2016). 2.What differentiates the concept of procurement in both the private and public sectors? Why is public sector procurement different from private sector procurement? Corporate procurement in the private sector can be a “complex and lengthy process”. Therefore, many major corporations hire a Chief Procurement Officer to deal with all major acquisitions for the company (Investopedia). The main difference between public and private procurement is that in the private sector they have a more flexible budget for the acquisition of products and services, whereas in the public sector the budget is limited due to the OFFP, which ensures that the government spend taxpayers’ dollars wisely. Rocheleau, states that if an organization agrees to purchase from outside vendors; they must request an RFP or related mechanisms to obtain detailed bids. Some of the approaches detailed...
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...Name BUS610 Organizational Behavior Leadership Style Professor Date What is an organization? According to Kinicki and Kreitner it is a system of consciously coordinated activities or forces of two or more persons. My company is a loose organization without rules, broadly defined tasks, and informal communication. Our parent company is in the United Kingdom and the way they do business versus the way business is done here in the States is very different. We recently moved into a newly established office and the change has been difficult at times. The idea was that with a regional office that there would be less “siloing” and more communication between the employees. While this has happened on some level there is also much consternation for the established employees in that they are expected to be in the office two days a week at a minimum. Thursdays have been designated as “Team Thursday” and everyone is expected to be in the office if they are not at a client site or meeting. The idea is that we have a large enough group of employees within the local area that having an office for company meetings, client visits, training or other needs makes sense. The COO and HR Director were the ones that chose the location and office space. It is convenient that the new office is within four miles of their current homes. There has been resistance to the new office rules. Recently a strong email was sent out from the COO about the number of days in the office, arrival...
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...make a reasonable make-or-buy decision. | | Instructor Explanation: | PMBOK® Guide, Chapter 12 | | | | Points Received: | 10 of 10 | | Comments: | | | | Question 2. | Question : | (TCO A) In industry, there are four processes one follows in the procurement area of project management. Describe and explain these four processes in the procurement management process for the buyer. | | | Student Answer: | | There are four processes in procurement management; plan, conduct, administer, and close procurement. Plan Procurement Process of documenting project purchasing decision, specifying the approach and identifying potential sellers. The first out of four procurement-related project management processes is in the Planning Process group, and is the process which creates the guidelines for all of the procurement activities on the project. It helps document the project procurement decisions, specifies the approach taken to identify potential sellers and carry out the procurement. Conduct Procurement Process of obtaining quotations, offers, information, and proposals from sellers, and then selecting a seller and awarding a contract. Administer Procurement Process of managing procurement relationship, monitoring performance and making changes and corrections as needed. The buyer...
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...some local general contractors. Using the outline of the RFP sections discussed this week, what are some specific questions or areas of detail that you would put in your RFP? What are some ways that you’d tailor your RFP to make sure that you knew if the local general contractor whom you choose will meet all of your success criteria? You would definitely want to know specifically what services will and will not be provided in this situation. I would want to have a clear understanding of what will be provided and what the cost is so I can see that difference between contractors. I can then better evaluate my budget and whether I am on track. I would also like to know what the contractors background is and what their experience level is in building a house like mine. I would also like to understand the talent level of the team that will be involved in my project. What is their experience and track record. I think these things would help you achieve success in getting house done on time. Given the content of an Request for Qualifications (RFQ’s) versus a Request for Proposals (RFP), do you feel that RFQ’s and RFP’s should both be a part of a procurement process (e.g. issue an RFQ, receive responses, shortlist bidders, and then issue an RFP to the short-listed vendors) or is one of these (either the RFQ or the RFP alone) sufficient for selecting a vendor? All the requirements for project completion are needed in the RFP in order to have a successful project. But I think the most...
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...Risk This document will cover the definition and description of risk management. Topics covered include the philosophy, methodology, and the purpose of analyzing risk as well as development of a risk management plan and a procurement management plan. Identifying risk is the process of determining which risks may affect the progress of the project. The project stakeholders are usually included in the risk identification process. These stakeholders include the project manager, risk management experts, the project team members, and end users. Identifying risk is an iterative process because new risks can develop in a short period and should be integrated into the risk management plan. The process of risk planning involves following a series of steps that can be continually repeated in sequence throughout the life of a project. The first step in the process is risk planning. Risk Planning Risk planning begins with getting solid backing from the project stakeholders for the risk management approach (Marchewka, 2009). Support from the stakeholders will ensure that the resources required for a successful risk assessment are available to the project team. The second part of risk planning is to be prepared for the risks that are identified. The team must plan for the potential resources and tools required to perform proper project risk management. After the stakeholders have committed to the risk management approach, it is time to start the next step in the process; risk identification...
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...Charles E. Robinson IV Business Strategies and Proposals Bid Strategy Dr. Tressa R. Shavers Business 505 May 13, 2012 Provide a summary of the RFP you have selected. Lockheed Martin Aeronautics Company employs 30,000 people around the globe. Lockheed Martin Aeronautics Company has nine locations across the United States and several international offices around the world. Fort Worth, Texas, Marietta, Georgia, Palmdale, California, San Antonio, Texas, Greenville, South Carolina, Pinellas Park, Florida, Meridian, Mississippi, Johnstown, Pennsylvania and Clarksburg, West Virginia are the nine locations across the United States. The solicitation number for this bid is NNA12435005Q-AMD. According to FEDBIZOPPS.GOV, the solicitation says, “NASA Ames Research Center (ARC) has a requirement for 60 square yards of Rayon Felt. The rayon felt must be 7-inches thick, so that NASA ARC may carbonize it, which will result in a 3-inch thick carbon felt. For TPS applications, NASA requires thicknesses of greater than 3-inches for the thermal protection of flight vehicles. Carbon felt is the precursor for conformable ablators, currently under investigation at NASA ARC, which offer many advantages over rigid ablators for large heat shields. Commercially available carbon felts are currently manufactured in thicknesses of 1-inchor less. NASA intends to procure the rayon felt on a sole source basis from American Felt & Filter Company, Inc. (AFFCO) of New Windsor, NY, under the authority...
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...From the perspective of NGOs: The Basic Documentation required for NGOs to comply with the letter and spirit of law- 1. First get a PAN. After registration of NGO with State Charity Commissioner or Collector or Society Registrar, first thing is to apply for PAN of NGO. Yes, it is mandatory. 2. Registration under section 12A of the Income Tax Act Commonly known as 12A certificate, this registration is NOT mandatory. Purpose of getting this registration u/s. 12A is to get exemption from Income Tax on the Income of the trust, if all the conditions laid down in this section are fulfilled. 3. Registration under section 80G of the Income Tax Act Again, this is NOT a mandatory one. However to give benefit of 50% or 100% exemption on donation to our donors, it is per-requisition to get the registration u/s. 80G of Income Tax Act. It is indirectly benefited to NGOs to raise funds. 4. Registration under FCRA Act (Foreign Contribution Registration Act) If there are possibilities to receive Foreign Funds for projects of NGO, a registration with FCRA department, Ministry of Home Affairs is compulsory. Without FCRA registration, NGO cannot receive any foreign donation or grants. 5. Getting a TAN during the working of NGO at any point of time, if NGO become liable to deduct tax from source, it has to first apply for TAN. Like PAN, TAN application can be made online thought 6. Getting a Service Tax Registration Only when NGO is providing services like consultancy work or research...
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...Purchasing Policy and Procedures Issue date: March 2010 Table of Contents THE HOSPITAL PURCHASING POLICY 1 GOVERNANCE 4 PROCUREMENT REQUIREMENTS 6 PROCESSES 27 Appendices Glossary of terms Products and services Templates Mandatory Requirements Associated Policies THE HOSPITAL PURCHASING POLICY Objective To maximize value for money in the acquisition of goods and services through fair, open and transparent purchasing practices which comply with all applicable federal and provincial legislation and trade agreements, resulting in the highest quality service delivery. Policies 1. All purchases made by the Hospital will be compliant with the hospital’s policies and procedures. These policies and procedures will be aligned with the Ontario Supply Chain Guideline. All purchase orders and contracts will be executed according to this policy and the Hospital’s Signing Authority Policy ( insert link). Single/sole sourced purchases are acceptable only under circumstances defined in the associated purchasing procedures, and must be executed in accordance with the Agreement on Internal Trade. Vendors of Record (VOR), or preferred supplier arrangements, may be established for the supply of a certain category of goods, services or construction where strategic relationships with a small group of suppliers will result in greater value for the hospital. VOR’s must be set up through an open and competitive purchasing process. All purchasing related activities...
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...Office Training RFP #10-075 Closing: Tuesday, August 10, 2010 at 2:00 pm local time. Halifax Regional Municipality Procurement Section P.O. Box 1749, Halifax 3 rd Floor, Duke Tower, Scotia Square, 5251 Duke Street Nova Scotia, Canada B3J 3A5 Halifax Regional Municipality July 27, 2010 RFP # 10-075, Microsoft Office Training Pa ge 2 _______________________________________________________________________________ Rev 01-01-2010 July 27, 2010 NOTICE REQUEST FOR PROPOSAL #10-075 Microsoft Office 2010 Training The Halifax Regional Municipality is seeking proposals from qualified individuals/ firms to provide Microsoft Office Training Sealed Proposals, Three (3) copies – Two (2) bound and one (1) unbound for #10-075, Microsoft Office Training , Halifax Regional Municipality, Halifax, Nova Scotia will be received by Halifax Regional Municipality Procurement Office, 3 rd Floor, Duke Tower, Scotia Square, 5251 Duke Street, P.O. Box 1749, Halifax, Nova Scotia, Canada, B3J 3A5, until 2:00 P.M. local time, Tuesday August 10, 2010 All questions concerning the procurement process shall be directed to Stephen Terry, Senior Procurement Consultant, at (902) 490-2175, Monday through Friday, 8:30 A.M. to 4:30 P.M. or E-mail to terryst@halifax.ca and those of a technical nature to Frans Sanders , Phone 490-2909, or E-mail to sanderf@halifax.ca . Instructions, forms, and specifications may be obtained from the Halifax Regional Municipality Procurement Office, (902)...
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...Strategies 6 4.0 Deliverables description 7 5.0 Project Schedule 13 7.0 Time Phased Budget 17 8.0 Risk Management 21 8.1 Risk Identification 21 8.1.1 Planning and initiating 21 8.1.2 Products/Services 22 8.1.3 Procurement process 22 8.1.4 Suppliers 22 8.1.4 Contracting 22 8.1.5 Delivery 22 8.1.6 Management 22 8.2 Risk Analysis and Assessment 22 8.3 Risk Mitigation Plan 25 8.4 Contingency Plan 27 9.0 Conclusion 27 10.0 References 28 1.0 Abstract This Request for proposal (RFP) has been prepared for RMIT University procurement department to facilitate procurement activities within RMIT. The procurement department of RMIT received order from College of Business to procure and deliver fifty laptops and fifty desktops for the new hundred higher degree research students. RMIT procurement has invited potential project management companies to submit request for proposal to facilitate this project. As a project management company ACBMW Consulting Group has prepared this RFP to facilitate this project. 2.0 Introduction RMIT University procurement department would like to procure new laptops and desktops for new higher degree research students. RMIT procurement has requested potential project management companies to find appropriate suppliers for organising the goods to be delivered with the lowest cost at a specific date and location. RMIT procurement...
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...DESCRIPTION PM 598 FINAL EXAM KELLER, (TCO A) All the below are tools and techniques of conduct procurement, except (Points : 5) bidder’s conferences, negotiations, and advertising. analytical techniques, expert judgments, and evaluation techniques. estimates, bidder’s conferences, and evaluation techniques. negotiations, make-or-buy decisions, and advertising. (TCO A) All the below are tools and techniques of control procurement, except (Points : 5) claims administration, payment systems, and procurement SOW. performance reviews, record management systems, and change control systems. change control systems, payment systems, and inspections and audits. records management systems, claims administration, and performance reporting. (TCO B) Proper selection criteria are critical for a successful project. All of the below would be considered good selection criteria for a buyer to use to select a seller, except (Points : 5) managerial approach of seller, references of seller, and ability of seller to make a reasonable make-or-buy decision. past work done by seller, intellectual property rights, and risk associated with a given seller. technical capability of seller, understanding of work by seller, and business type of seller. financial capacity of seller, overall cost, and warranty offered by seller. (TCO A) Why are the project schedule and the project budget inputs of plan procurement? (Points : 8) Firstly, Project schedule is because to track the duration and time for project...
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