TASK 1 — Procurement and Tendering [40%1 – INDIVIDUAL SUBMISSION a) Critically appraise two procurement routes and make recommendations for the most suitable procurement strategy and contractual relationships between the proposed project team. (max: 500 words) [20%] b) Critically evaluate the tendering requirements for your recommended procurement strategy, considering various factors such as risk apportionment. (max: 250 words) [10%] c) Critically evaluate why procurement of construction deliverables is different from other products. (max: 250 words) [10%] TASK 2 — Estimating, Cost Planning and Price Analysis [30%1 – INDIVIDUAL SUBMISSION a) Prepare a cost plan and an order of cost estimate in accordance with the NRM 1 for the proposed business park considering necessary factors. Make reasonable assumptions as to inclusions and exclusions which should be clearly stated. (max: 500 words) [15%] b) Dave & Co are considering developing a similar business park with the same specifications in Leeds in the 2Q 2020. Determine the proposed cost of this speculative project. Produce a supporting statement of not more than 250 words. [5%] c) Price the attached Bills of Quantities using favourable and competitive rates. Also provide a letter justifying the pricing method and information utilised (max: 250 words). [10%] Note: Refer to the New Rules of Measurement (NRM) 1 for the appropriate measurement rules and make logical and realistic judgements when using the Building Cost Information Services (BCIS). TASK 3 — Project Management [30%1 – INDIVIDUAL SUBMISSION a) Produce a Work Breakdown Structure (WBS) for the proposed project. [10%]
identify up to 20 activities.
three levels (i.e. level 1 to 3, excluding project level) WBS Code b) Using the information from 3(a) above produce a Network Diagram and Critical Path determination. Make reasonable assumptions for the duration. [10%] Your submission should:
identify the critical path by calculation of both the forward and backward pass.
identify non-critical activities. calculate the total floats for each non-critical task. c) Identify and briefly discuss two potential costs that will arise if the project is completed late. Comment on who bears these costs. [5%] d) Evaluate five importance of cash flow management on construction projects. [5%]
Sample Solution
