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Showing posts from November, 2018

You have started a restaurant with your brother and your sister. At the end of the financial year total sales revenue was $160,000 and net profit after tax was $20,000.

Instructions  1. Assessments should be completed as per your trainer’s instructions.  2. Assessments must be submitted by the due date to avoid a late submission penalty.  3. Plagiarism is copying someone else’s work and submitting it as your own. You must write your answers in your own words and include a reference list. A mark of zero will be given for any assessment or part of an assessment that has been plagiarised.  4. You may discuss your assessments with other students, but submitting identical answers to other students will result in a failing grade. Your answers must be yours alone.  5. Your trainer will advise whether the assessment should be digitally uploaded or submitted in hard copy. Assessments that are digitally uploaded should be saved in pdf format.  6. You must attempt all questions.  7. You must pass all assessments in order to pass the subject.  8. All assessments are to be completed in accordance with WHS regulatory requirements.  Assessment 2  Part A – Written or

Project Procurement Management’ • Also retrieved from http://www.pmi.org/

Subject Planner Course: Contracts and Procurement Subject length: 6 Modules Subject code and title: PROJ 6004 Course development completion: 15/02/2016 Pre-requisites: None Subject Description Procurement and contracts are integral to successful project management. In this course, students learn about planning for purchases and acquisitions, requests for proposal, vendor selection, contract administration, and contract closure. Students learn how to approach key issues with regard to short and long-term contracts, and small and large contracts. Topics covered include the examination of procurement strategies, responsiveness, and supplier-client relationships. Students will also examine tendering, bidding and order management processes, relevant legal and commercial implications, as well as managing the relationship between buyer and seller, assessing vendor performance, contract change control, and conflict resolution Subject Modules Module 1 Introduction to contracts and procurement M