Procurement Management

Unit code: NBC4001 | Study level: Undergraduate
Credit points
12
(Generally, 1 credit = 10 hours of classes and independent study.)
Location
Footscray Park
Online Real Time
Prerequisites
N/A
Overview
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Overview

This unit develops students’ understanding of various stakeholders' responsibilities and liabilities by comparing procurement systems and construction project delivery types. The law relating to the principles and practice of project procurement management is also considered. Practical assessments will equip students to develop skills in analysing contractual issues and facilitating relationships between various stakeholders in a project. The roles and responsibilities of each stakeholder, risk apportionment between various stakeholders and determination of risks to be covered by insurance, bonds or other risk allocation instruments are all investigated.

Learning Outcomes

On successful completion of this unit, students will be able to:

  1. Critically review a range of procurement systems to develop project delivery strategies for a variety of built environment projects;
  2. Evaluate complex problems associated with contract management to propose procurement solution for built environment projects;
  3. Critically review the general principles and application of contract management, including procurement strategies relating to tenders applied to projects; and
  4. Analyse contractual risks for built environment projects and extrapolate principles to the allocation and management of a contract.

Assessment

For Melbourne campuses

Assessment type: Report
|
Grade: 30%
Design project on key elements and steps in devising procurement strategy (Individual)
Assessment type: Case Study
|
Grade: 40%
Analysis of procurement strategies, risk allocation mechanism and dispute resolution methods (Group)
Assessment type: Presentation
|
Grade: 10%
Procurement strategies, risk allocation mechanism and dispute resolution methods. Case study oral presentation (Group)
Assessment type: Test
|
Grade: 20%
Test on procurement routes, tendering, subcontracting, dispute resolution and value management (Individual)

The team case study and presentation include an evaluation of the contributions made by each member of the team to facilitate the assessment of students’ achievement of learning outcomes.

Required reading

Reading materials will be provided in VU Collaborate.

As part of a course

This unit is studied as part of the following course(s):

Bachelor of Construction Management (Honours)
NHCM | Bachelor honours degree | Duration: 4 years

Refer to the course page for information on how to apply for the course. VU takes care to ensure the accuracy of this unit information, but reserves the right to change or withdraw courses offered at any time. Please check that unit information is current with the Student Contact Centre.

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