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Ontracts and Procurement - Assignment Example

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This assignment "Сontracts and Procurement" discusses a fixed price contract that will be effective for the order of a pencil manufacturer to produce 20 000 pencils. This is because the product can be explicitly defined as there is enough data to accurately calculate approximately the cost…
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Ontracts and Procurement
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Project management assignment ASSIGNMENT 254 Assignment ment of Work Client: Project: Begin End date: Summary The objective of this project is to transfer and relocate the company’s headquarters from current site (A) to Site B. Site B is located approximately 4 kilometers form A. Scheduled rates Item description Delivery schedule (Business days) Cost (estimate) 15 DESKS AND CHAIRS 5 $500 3 SOFAS, 10 ARM CHAIRS AND 3 TABLES 5 $300 15 COMPUTERS(+MONITORS) 5 $500 34 FRAMED PICTURE + OTHER ITEMS (150 BOXES) 5 $300 Acceptance The client named below verifies the accepted terms and conditions of this Statement. The parties involved hereto acting with appropriate authority by their related firms. [Client name]  [agency information  Company name Company name Full name Full name Title Title Signature Signature Date Date Assignment 2 An Invitation for Bid (IFB) is a request made when submitting a bid to provide certain services or goods in order to fulfill a bid that a firm has identified. RFP is converted to an IFB when there is a considering the lowest price in making an award. Moreover, it is usually done when the services and goods are fairly simple and also when the need is standard. In converting RFP to IFB requirements would need to be adjusted then the government and the contractors will submit their offers again. Moreover, the other evaluation factors that were in the RFP would be removed. Assignment 3 contracts and procurement (supply bid for popcorns) Submitted by: Milano Suppliers Ltd. Street City, State, Zip Type of Business: good suppliers Title of Proposal: bid to supply popcorn kernels Proposed Amount: 30cts per pound of kernel Period of Performance: over 5 years Business Point of Contact: Name Telephone No. e-mail address Our clients include: Name Telephone No. e-mail address Name Telephone No. e-mail address Name Telephone No. e-mail address Submitted On: Date Authorizing Official: Name Title This proposal includes data that shall not be disclosed outside Puffy Pop and shall not be duplicated, used, or disclosed—in whole or in part—for any purpose other than to evaluate this bid proposal. If, however, a contract is awarded to this offer or as a result of—or in connection with—the submission of this data, Puffy Pop shall have the right to duplicate, use, or disclose the data to the extent provided in the resulting contract. This restriction does not limit Puffy Pop's right to use information contained in this data if it is obtained from another source without restriction. Assignment 4 contracts and procurement A fixed price contract will be effective for the order of a pencil manufacturer to produce 20 000 pencils. This is because the product can be explicitly defined as there is enough data to accurately calculate approximately the cost. Moreover, the requirement for the order is well defined and the contractors have vast experience in ensuring the order is met. Therefore, the financial risks are insignificant. Cost plus contracts will be effective in the other three contracts. In the construction of a 300-meter bridge a cost plus contract is suitable due the risks attached to it. The contract is characterized by uncertain labor hours and speculative material required in the construction of the bridge. The design of a circuit board and the small factory are both long-term projects, which is likely to put the contractor in unforeseeable exposure to market uncertainties. This protects the Government and contractor in the case of labor or material fluctuations in price. Therefore, a fixed price convention is inappropriate Advantages CPAF contacts are widely used as it results in better communication and enhances motivation to achieve a better contract performance. Evaluation and motivation flexibility is advantageous in instances that require cost-reimbursement contracts. Moreover, it encourages efficient communication between the parties. Hence, the approach is an effective management tool. The disadvantage with this mode of contract is that it requires additional administration to oversight that contractors are practicing overall cost controls. CPIF contract is efficient for contracts is advantageous for contracts with long periods. Moreover, it is efficient in instances whereby the projects are characterized by test requirements and extensive hardware development. The disadvantages attributed to CPIF are that if the budget is strict it is not suitable as it is characterized by greater cost uncertainty. It also promotes overspending. Assignment 5 A personal Services Contract is an agreement between two parties, which stipulates the responsibilities and rights of the parties involved. The items that are included in a contract vary according to the complexity and size of the efforts that are required to be undertaken and the document detail level the parties are compelled to include. The issues that are top be included in the contract include compensation, which entails the amount an individual is to be paid and the mode of payment utilized. The term of rendering the services is also vital. Moreover exclusivity is also required to be included which entails whether the individual can work elsewhere during the period of the agreement. Another issue to be included is the individual’s status, is he an independent contractor or an employee under the personal contract. the terms and condition are also included in the contract that the individual must conform with. PROFESSIONAL SERVICES AGREEMENT INDIVIDUAL: DATE: [COMPANY NAME] [ADDRESS] I.SCOPE OF THE SERVICES The services to be delivered entail: 1. …………… will assist in scripting of a two hour documentary on the issues and lives of illegal immigrants in the state of Texas II.COMPESATION FOR SERVICES Apart form the daily payment of $ 250, the Editor’s total compensation for his services as stipulated under this agreement, inclusive of reimbursable operating cost, shall not exceed $ 10, 000. III. SCHEDULE OF PERFOMANCE The Editor shall begin the services by............… and complete by ............ or within 3 months of the date of beginning the services. IV. TERMS AND CONDITION The Editor shall perform the services according to the terms of this contract, including the Company’s TERMS AND CONDITIONS attached. Editor Company …………………………………… ..……………………………… Name Date Name Date Title Title Assignment 6 Non-disclosure and non-competition agreements 1. This contract is written on ………… of ..., the year, between ………….,(Employee), whose home address is………….., county of …………., and state of ................, and ………………… (Employer), a……………. (State business), whose organization’s address is ……………… in the state of ………………. 2. Nondisclosure. In the period that this agreement is in effect , and after expiration , employee will cease from disclosing Employer’s trade secrets, confidential information, lists, client lists to any other organization . 3. Noncompetition. Following the expiration of this agreement, the worker shall refrain from engaging in competition with current Employer for a period of 2 years, in the city of ……….. , state of …………. 4. Definition of competition. In this agreement, competition is defined as a former employee working for an organization engaged in, or self-employment in similar business with the current company. It is also stipulated as providing similar services of the parent organization to a client who was once a customer of the Employer in the time of the employee’s tenure. 5. Damages. In the event that the employee fails to uphold this agreement , the employee will pay & 2000 as damages. …………………………….. ………………………………... Employer Employee Assignment 7 The merit of Mr. Smith’s assertion is that it provides an insight of what the customer requires. Therefore, the contractor is supposed to conform and comply with the obligations of a customer, as the customer is usually the employer. Without the customer satisfaction, a business will not succeed. Consequently, the contractor should oblige with a customers success with reference to how the request will profit the organization. Francis should inform the relevant committee of the situation in order to see what should be done. Effective change control procedures will assist Francis and Steve to deal with the problem. The goal of change control procedure is to eliminate the errors and problems to ensure that every variable is perfect. This process will help them as it reduces unnecessary changes to be made to the system therefore will reduce errors. Therefore, the system will not be disrupted with the changes If Francis agrees to the request; it will mean that the project will be redesigned again to conform to the new instructions. ASSIGNMENTS 253 Assignment 1 Telewonder faces the following risks in developing telecommunications in Slovobia Political instability Caused by the Muslim insurgency this presents a risk that could severely affect the development progress. Vandalism of the telecommunication equipment could occur resulting in losses to the company. In preventing this risk, the company should withhold commencement of the project until political stability is achieved. Economic crisis The government expects to fund the project from donor funds from IDA, which are yet to be confirmed. The company faces the risk of failing to receive full payment for the services should the funds not become available. Telewonder should consider waiting until the loan becomes confirmed before commencing work. Assignment 2 1. decision tree Enrolment at the six week marker 50% Seminar costs covered seminar costs covered 70% 50% Reject accept Accept accept 2a. 0.18 b. 0.21 c. 0.30 3. The monetary value remains making profits from holding the seminar. Holding the seminar will provide customer satisfaction and also bring the company profits b. the monetary value could include risking making a loss or profit from holding the seminar. Continuing with the seminar would be a matter of taking risks between profit and loss c. holding the seminar at this stage would present a financial loss to the company. Continuing with this seminar is not financially viable idea. 4. the probability for holding the seminar is 0.84 Assignment 3 Two Routes to George’s Sister’s House Time=  Therefore, the distance for the I-95 Highway only will be: (80+ 175+40) miles = 295 miles Therefore the time taken for the highway minus the rural road via the I-95 way will be:  = 4 hrs 21 min, while the time taken in the rural road will be,  = 15 min Hence, the time taken in the I-95 highway will be 4 hrs 36 min. Consequently, the distance for the alternate route will be: (50+30+130+40) miles = 250 miles Therefore the time taken for the highway minus the rural road via the alternate road will be:  = 3 hrs and 57 min, while the time taken in the rural road will be:  = 1 hr 30 min Hence, the time taken in the alternate highway will be 5 hrs 27 min. Assignment 4 Let  be a positive function. For all ?>0 there exists  such that: For any  and, Average cost of the house Average design = 9000+10000+12000 = 31000/3 = 10, 333 Average test = 18000+20000+24000 = 62000/3 = 20, 666 Build = 60,000+70000+ 80000= 210000/3=70,000 Total = 101, 000 Standard deviation data set = 0,16,45,84,18,83,82,36,91,95,14,80,68,34,54,55,13,20,70,57,68,61,37,30,91,24,55,21 SD = v?(Xi – X-bar)2/N Step 1: Find the mean. X=51.1481. data data-mean (data - mean)2 0 -51.1481 2616.12813361 16 -35.1481 1235.38893361 45 -6.1481 37.79913361 84 32.8519 1079.24733361 18 -33.1481 1098.79653361 83 31.8519 1014.54353361 82 30.8519 951.83973361 36 -15.1481 229.46493361 91 39.8519 1588.17393361 95 43.8519 1922.98913361 14 -37.1481 1379.98133361 80 28.8519 832.43213361 68 16.8519 283.98653361 34 -17.1481 294.05733361 54 2.8519 8.13333361 55 3.8519 14.83713361 13 -38.1481 1455.27753361 20 -31.1481 970.20413361 70 18.8519 355.39413361 57 5.8519 34.24473361 68 16.8519 283.98653361 61 9.8519 97.05993361 37 -14.1481 200.16873361 30 -21.1481 447.24213361 91 39.8519 1588.17393361 24 -27.1481 737.01933361 55 3.8519 14.83713361 Find the sum of numbers in the last column to get. ?(xi?X??)2=20771.4074 Calculata ? using the above formula. SD = v?(Xi – X-bar)2/N =v?28.2648 Assignment 5 This case study can be said to be “an act of god” since ion problem led to another. Most of the things could not be controlled. This can be categorized as an operational risk as the case was not focused on great suspicions. The driver did not suspect that the car would undergo these problems. The problem was as a result of glitches from refilling the bus. Operational risks are as a result of tired workers making mistakes or ignorant employees making mistakes. Following this incident, drivers should each year go through a one-day safety course on dealing with the problems and issues of driving. Contract drivers will provide the company with up to date licenses. Moreover, all the Travel-Rite vehicles should be insured and the drivers will provide evidence that their vehicles are inspected regularly to ensure that mechanical problem are alleviated. Assignment 6 Part A The most efficient production speed is achieved when producing 500 units per hour. This speed produces the lowest percentage of defects against produced units. Part B. Office Move: Cause and Effect (Fishbone) Diagram Exercise FINANCE ESCALATOR budget constraints shut down OFFICE Few vans few workers VAN EMPLOYEES Work Cited Khatta, R S. Risk Management. New Delhi: Global India Publications, 2008. Print. Read More
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