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Unit Summary

Unit type

Qualifying Unit - Coursework

Credit points

12

AQF level

9

Level of learning

Advanced

Former School/College

Former School of Business and Tourism

Pre-requisites

Students must have completed the following 2 units: MNG91218 - Project Management: Initiation and Planning AND MNG91217 - Project Management Principles

Unit aim

Application of core concepts of project procurement through in structure and problem-based learning experiences. Students develop a critical ability in contract development, negotiation and incentivising: demonstrating a higher-level understanding of the project incentive-performance relationship.

Unit content

  1. Contract Types in Procurement
  2. Incentive-Performance Relationship
  3. Buyer-Contractor Relationship
  4. Clarity in Legal, Financial, Technical Contract Components
  5. Negotiating Contracts
  6. Trends and futures of procurement

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

GA1: , GA2: , GA3: , GA4: , GA5: , GA6: , GA7:
On completion of this unit, students should be able to: GA1 GA2 GA3 GA4 GA5 GA6 GA7
1 A critical understanding of contract types, in addition to the contract-performance relationship
2 Critical evaluation of theories and concepts underpinning buyer-contractor relationships as it pertains to project management
3 A demonstrated ability to creatively negotiate project plans and incentives to achieve the highest level of group-benefit, without sacrificing performance
4 Higher-level ability in explaining, evaluating and developing clear legal, financial and technical components of project contracts

On completion of this unit, students should be able to:

  1. A critical understanding of contract types, in addition to the contract-performance relationship
    • GA4:
  2. Critical evaluation of theories and concepts underpinning buyer-contractor relationships as it pertains to project management
    • GA4:
    • GA6:
  3. A demonstrated ability to creatively negotiate project plans and incentives to achieve the highest level of group-benefit, without sacrificing performance
    • GA4:
    • GA5:
    • GA6:
  4. Higher-level ability in explaining, evaluating and developing clear legal, financial and technical components of project contracts
    • GA4:
    • GA5:
    • GA6: