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DRIVE
SPRING
2015
PROGRAM
MBADS
(SEM 4/SEM 6)
MBAFLEX/
MBA (SEM 4)
PGDSCMN
(SEM 2)
SUBJECT
CODE & NAME
SC0008
–PURCHASING AND CONTRACTING FOR PROJECTS
Qus:1
Write short notes on:
·
Purchasing
process
·
Division
of work
·
Re-measurement
contract
·
Reimbursable
contract
Answer:
Purchasing
process:
Purchasing is an
important phase in all projects. Purchasing consumes a lot of time and money.
Purchasing the materials and services take half the time and expense of the
project. The purchasing activity
Qus:2
Explain the formation of a contract
·
Explanation
of how contract should be made, what it includes
·
Listing
of the fundamentals for a contract to be created
·
Explanation
of fundamentals for a contract to be created
Answer:
Explanation
of how contract should be made, what it includes:
A contract can
be made orally or in writing, but it should reflect the agreement between the
parties under the contract. Contract formation includes the making of an offer
by one party (client), and the acceptance of the offer by the other party
(contractor) in exchange of some value.
Qus:3
Write short notes on:
·
Project
tender list
·
Open
tendering
·
Organisational
incentives
·
Commissioning
Answer:
Project
tender list:
The project tender list
is compiled as early as possible in the project. The aim of the project tender
list is to determine the best supplier or contractor for the project in hand.
It is important to choose suppliers of
Qus:4
Discuss each of the precautions and measures to define payment terms.
·
Listing
of the precautions and measures to define payment terms
·
Discussion
on the precautions and measures to define payment terms
Answer:
Listing
of the precautions and measures to define payment terms:
Qus:5
Explain the issues in detailed appraisal of tenders?
·
Listing
of main appraisal groups
·
Brief
explanation of issues under each main appraisal group
Answer:
Listing
of main appraisal groups:
·
Technical and
execution appraisal
·
Contractual
appraisal
·
Financial
Qus:6
Politics plays a major role in India in the functioning of business. Comment
·
Explain
the purpose of political influence
·
Discussion
of the impact of political change on various factors
·
Benefits
of political change
Answer:
Explain
the purpose of political influence:
It is observed that
companies require political influence to help them in sorting out issues
related to local taxes, labour problems and other issues that affect the normal
functioning of the companies. Political parties are also benefited in this
process as they require financial patronage from
Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
Charges rs
125/subject and rs 700/semester only.
if urgent then
call us on 08791490301, 08273413412
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