Project Procurement, Cost, Quality & Risk Management

Description

Examines the core concepts, principles and techniques of Project Procurement, Cost, Quality & Risk Management.

Availability

WebLearn GradSchool

  • Trimester 1 - 2015

Learning Outcomes

1. the principles of procurement management and their application;

2. procurement management processes and procedures;

3. the need to link time, cost and resources to the project framework;

4. Development of project budgets and expenditure forecasts

5. Use of the budgets and expenditure forecasts as control mechanisms

6. Appropriate cost management methodologies, their capabilities, limitations, application and outcomes

7. The principles of quality management and their application

8. Quality processes, quality planning, perform quality assurance, perform quality control

9. Quality management systems, methodologies and tools

10. Risk management planning, risk identification, qualitative risk analysis, quantitative risk analysis, risk response planning, risk monitoring and control

11. Appropriate risk management methodologies, their capabilities, limitations, applicability and outcomes

Content

Procurement

  1. Determine procurement requirements
  2. Follow agreed procurement processes
  3. Conduct contracting and procurement activities
  4. Implement contract and/or procurement
  5. Manage contract and procurement finalisation procedures

Cost

  1. Determine project budget
  2. Monitor and control project budgets and costs
  3. Conduct project financial completion activities

Quality

  1. Determine quality requirements
  2. Implement quality assurance
  3. Implement project quality improvements

Risk

  1. Determine project risk events
  2. Monitor and manage opportunities
  3. Monitor and manage project risk
  4. Assess risk management

Assessment Items

Written Assignment: Project Outline Presentation

Written Assignment: Assignment 2 Project Report

Contact Hours

Self-Directed Learning

Self-Directed 10 hour(s) per Week for Full Term

Tutorial

Online 3 hour(s) per Week for Full Term