55107 RISK AND PROCUREMENT MANAGEMENT

FACULTY OF BUSINESS 2000

For full Unit Specifications, choose an offer
(Variations may occur between Day & External Offerings)


Credit Points 1.00

Synopsis

The unit examines the following:

Identification  of  those  risks  that  are  most  likely  to  have  a
beneficial or adverse impact on the outcome of the project

Evaluation of the likelihood of occurrence of any particular risk, and
the consequences of such risks.

Development  of responses to identified risks to eliminate  or  reduce
the consequences for the project.

Procurement planning to determine those resources, goods and  services
required to carry out the project.

Design and documentation of products required for the project

Solicitation  of proposals, quotations and tenders, and  selection  of
suppliers and contractors

Creation   of   contractual  relationships  between   the   respective
stakeholders

Administration of those contracts

Completion  of  the  contract administration  and  handover  of  works
carried out