...PROJ 410 Week 2 DQ 2 To Buy This material Click below link http://www.uoptutors.com/proj-410/proj-410-week-2-dq-2 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? How difficult is it to handle out-of-scope work with the 3 contract types (fixed price, time and materials, reimbursable) after an agreement has been executed? What do you see as the more common mistakes made by customers/clients or their procurement representatives as it relates to project planning and contract formulation? Now that you know the differences among a fixed price contract, a time and materials contract, and a reimbursable contract, let’s discuss some of the finer points to consider. Do you think a fixed price contract requires less management attention than a reimbursable contract? Why or why not? We typically hear of clients looking for the lowest price, and rarely does the term value come into the picture? Is it assumed that the value is there and is that a fair assumption most of the time? How do you differentiate a project plan from the project definition? To continue with the relevance of the project definition and project plan (schedule) to contracts: what components of the project definition...
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...PROJ 410 Week 3 DQ 1 To Buy This material Click below link http://www.uoptutors.com/proj-410/proj-410-week-3-dq-1 Consider again the dream retirement home that you were building as part of the Week 2 Discussion. Assume that you are working on the request for a 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 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...
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...Invest. Innovate. Inspire. For a new India. ANNUAL REPORT 2014-15 India is at the threshold of a new era of growth and opportunity. This is driven by increasing economic activity, ongoing ‘Make in India’ initiatives and a demographically well-placed, aspirational society. Reliance Industries Limited (RIL) continues to be a partner in India’s ongoing journey towards economic and social well-being, and remains committed to investing in and innovating for India. RIL is striving to meet and exceed global benchmarks in product quality and customer service with inspiring ideas and strategic investments. From the manufacturing landscape to high-growth consumer service sectors, RIL is achieving superior outcomes that facilitate India’s drive for global leadership. RIL is delivering industry-leading performance through consistent efficiency in operations and prudent configuration of assets. RIL is making sizable capital investments, focusing on technology and expanding its level of services from the hydrocarbons sector to consumer businesses. RIL innovates for existing businesses and also focuses on developing new business models to deliver g g g y significant value for its growing stakeholder fraternity. In this effort, it collaborates with o s with leading global institutions to help usher in a n era of possibilities. global new is growing o RIL’s focus is to continue growing as a respons responsible organisation, thereby e inspiring progress in...
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