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(May 2012)

Master of Business Administration - MBA Semester 4 Project Management Specialization PM 0018 Contracts Management in Projects (4 credits)
(Book ID: B1347)

ASSIGNMENT- Set 1 Marks 60


Note: Each Question carries 10 marks. Answer all the questions.

1. Explain the different categories of contract. 2. Explain the plan procurement project process. 3. Enumerate the characteristics and legal issues of LSTK EPC Turnkey contracts. 4.

a. What are the advantages of firm fixed price contracts? b. What are the objectives of purchasing?
5. What are the suitable circumstances to adopt direct contracting? 6. Where is a Percentage Rate contracts suitable and List its features

(May 2012)

Master of Business Administration - MBA Semester 4 Project Management Specialization PM 0018 Contracts Management in Projects (4 credits)
(Book ID: B1347)

ASSIGNMENT- Set 2
Marks 60 Note: Each Question carries 10 marks

1. List the minimum qualification criteria for works bid document. 2. Explain the evaluation criteria that we incorporate in Request For Proposal(RFP) 3. List out standard conditions that must be included in project construction contracts. 4. a. Briefly describe five conditions for termination of a contract b. Describe briefly the procedure for arbitration. 5. Explain the need of Procurement law and what are its objectives? 6. List the advantages and disadvantages of mergers and acquisition.

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