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(Solution) CIPD 7C004 Task 3.1 Costs of options of collection and data analysis
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(Solution) CIPS Red Sea Global Module: Developing Contracts in Procurement and Supply (PDC)
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In this assessment of developing contracts in procurement and supply, a focus on an identified contract in Red Sea Global (RSG) has critically been evaluated.
The explanation focuses on how the terms and conditions assist the organisation in ensuring effective management of risks of poor quality, extension of time, increased costs and unethical practice.
Also, the role of terms and conditions in ensuring the relevant performance measures monitoring and management are put into account. RSG organisation is classified as a highly visionary developer fully owned by Public Investment Fund (PIF) of Saudi Arabia considered.
To achieve the intended aim of this assessment, the focus is on Convertible Construction Contract with the terms and conditions selected being general and used in various construction categories in the organisation.
From the evaluation of the contract terms and conditions, the obtained findings indicate that the contract terms and conditions are detailed and used to guide success of procurement and supply.
The terms and conditions guarantee P&SM success in managing the risks of quality, time, costs overruns and ethics. They are classified to categories of risks management, Force Majeure, Costs management, Indemnity, Insurance and performance.
Also, with PS&M working in collaboration with other different departments in the organisation (HR, Accounts, Finance, Legal and IT), cumulative success is guaranteed. This is through delivery of different projects enhancing well-being of clients, community and environment.
Also, an outline of “battle of the forms” concept has been carried out with a detailed explanation on scope of ensuring all agreements are pursued and integrated in RSG terms and conditions successfully. The best practice of managing the issue has been evident.
There are different gaps identified from the findings and conclusions in this assessment. To manage these gaps, the recommendations are;
- A review of risks management approach integrated to the terms and conditions
- Develop a clear approach for agreement with different suppliers for managing “battle of the forms”
- To use various KPI’s and reports to implement contracts
- To reconstitute how innovation and technologies are included in implementing contracts
- To enhance scope of understanding and awareness regarding the contract terms and conditions
(Solution) 5CO01(AC2.4) Discuss models to show how change is experienced
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(Solution) 5OS04 Question 3 (AC 1.3) tension in multi-national companies between a wish to adhere to global corporate standards and norms when managing people
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(Solution) 5OS04 Question 9 (AC 4.1) potential advantages of expatriating Japanese staff to work in the UK and vice versa.
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(Solution) CIPS ADNOC Leadership & Management in Procurement and Supply
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- In summary, this assessment has focused on evaluating the best practice in achieving a successful leadership and management. In particular, this report has focused on ADNOC offshore company.
- To achieve this, impact of leadership and management on the organisation behaviour has been evaluated, the impact of leadership approaches for job satisfaction and sources of power in an organisation.
- Additionally, the relevance of equality and diversity policies in ADNOC offshore organisation has also been evaluated.
- By application of various tools and techniques such as PESTLE external analysis, this research has hypothesised that for organisations success in their operations, they ought to holistically establish the leadership and management process.
- For leadership, this has a direct impact on organisation behaviours. Further, by achieving leadership and satisfaction, an organisation success is guaranteed.
- Hence, ADNOC has been established to have a successful leadership and management process.