Module title |
Procurement, Risk, and Contract Management |
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CRN |
53277 / 53279 / 53272 |
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Level |
7 |
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Assessment title |
Assignment 2: Strategic Procurement |
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Weighting within module |
This assessment is worth 50% of the overall module mark. |
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Submission deadline date and time |
See OnlineCampus |
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Module Leader/Assessment set by Dr
Kostas Chaldoupis |
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How to submit You should submit your assessment via OnlineCampus. |
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A proactive strategic procurement operation can give the organisation it represents a competitive advantage by reducing waste in the value chain. For an organisation of your choice, you are asked (a) to critically examine the Procurement function, (b) by considering 2-3 areas below investigate how the Procurement function can be improved and compensate external turbulences in the markets. · Procurement Strategy · Strategic Sourcing and Outsourcing · e-procurement · Sustainable Procurement · Supply Risk |
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You will also need to take the
following into account when completing your assignment: • Quality
of executive summary (does it give a brief complete summary of your paper for
an executive to read?) • Establishment
of relevant theory (e.g. what do we mean by global sourcing?) • Allocation
of credit and sources used (have I included references and citations to the
material I have used?) • Clarity
of argument • Overall
report presentation including spelling and grammar • Adherence
to nominated word limit (+/- 10%) • Word
processed (letter size 12, times new roman, 1.5 space), fully referenced
(Harvard Referencing System) |
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Assessed
intended learning outcomes On successful completion of this assessment, you will be able to: Knowledge and Understanding · Demonstrate an understanding of the importance of procurement for global organisations operating in complex market environments. · Locate, synthesise and critically evaluate recent/current information from a wide range of published literature in the area of Procurement, Risk, and Contract Management. · Apply knowledge of the theory and practice of Procurement, Risk, and Contract Management to develop insights into and solve current problems. · Critically evaluate the use of complex models of Procurement, Risk, and Contract Management; systematically and creatively making sound judgements based on the systematic analysis and creative synthesis of ideas. · Critically and effectively assess the value of theories, concepts and models to the practice of Procurement, Risk, and Contract Management. · Demonstrate a sound understanding of the importance of risk management in the development and maintenance of sustainable procurement. Practical, Professional or Subject Specific Skills 1. Leads by example - as high levels of self-awareness, emotional and social intelligence, empathy and compassion, and able to identify mental well-being in others. Work collaboratively enabling empowerment and delegation - acts with humility and authenticity, is credible, confident and resilient. 2. Judgement
and Challenge - Takes personal accountability aligned to clear values.
Demonstrates flexibility and willingness to challenge when making decisions
and solving problems - instils confidence demonstrating honesty, integrity,
openness, and trust. 3. Courage & Curiosity - is confident and brave, willing to innovate, seeks new ideas and looks for contingencies. Manages complexity and ambiguity, comfortable in uncertainty, and is pragmatic. 4. Valuing Difference - engaging with all, is ethical and demonstrates inclusivity, recognising diversity, championing, and enabling cultural inclusion. Empowers and motivates to inspire and support others. 5. Professional
Reflects on own performance, demonstrates professional standards in relation
behaviour and ongoing development. Advocates the use of good practice within
and outside the organisation. Transferable Skills and other Attributes · Develop their critical skills, especially in relation to published literature in the field. · Work independently and with others in analysing and presenting solutions to Project Risk and Procurement Management problems. · Manage their time effectively and efficiently to meet deadlines. · Locate and synthesise information from a range of published literature and electronic sources and present this effectively in both oral and written forms. · Take responsibility for personal learning and continuous professional development. · Communicate effectively through a variety of media to different audiences. · Make decisions in complex and unpredictable situations. |
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