imaginary case study for students to practice procurement and risk management concepts

The individual assignment has the following major deliverables:

1. Select a project at your target company

2. Provide background of the case project

3. Recommend the best project delivery method for your project based on the criteria that YOU thinkis most crucial to this project. Be mindful that the types of delivery methods that need to be evaluatedare Design-Bid-Build, Design-Build and [email protected] You must document all your assumptions andrationale for the selection of the project delivery system. All yours suggested grading (the criteria,weights, and scores) should come with justifications and explain why you gave such grade to eachelement of the selection matrix.

4. Evaluate and recommend the best financial contract type for your project based on the criteria thatYOU think are crucial to this project. The types of contract that need to be evaluated are Lump sumcontract, Guaranteed Maximum Price Contract and Cost-Plus Fixed Fee Contract. All grading must bejustified and explained.

5. Evaluate and recommend the best procurement method for your project based on the criteria thatare crucial to this project. The types of procurement that need to be evaluated are Competitive,Negotiated and Best Value. All grading must be justified and explained.

6. Develop Risk Management Plan including Risk Register, Risk Quadrant Analysis, and risk mitigationplan

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