1.1 Compare contracting options for programmes • Client coordinated approaches to major projects • Engineering, procurement and construction (EPC)/ design and build forms of contract • Management contracting and construction management • Design, build, operate and ownership forms of contract • Public and private sector partnerships
1.2 Evaluate contract forms for programmes • The role of institutes and professional bodies in developing contract forms: • The New Engineering Contract (NEC) core and optional clauses • International Federation of Consulting Engineers (FIDIC) contract forms • Institution of Mechanical Engineers (IMechE) contract forms • Joint Contracts Tribunal (JCT) contract forms • CIPS model forms of contract • Comparisons of main contractual terms and schedules
1.3 Assess the use of pricing mechanisms for programmes • Fixed lump sum pricing • Activity schedule pricing • Bills of quantity • Target costing methods and risk and reward pricing mechanisms • Cost reimbursable contracts
1.4 Contrast methods of investment appraisal for programmes • Purpose of investment appraisal • Payback analysis • Average rate of return • Discounted cash flow • The choice of discount factor • Calculating net present values • Calculating the internal rates of return • The strengths and weaknesses of different methods of investment appraisal
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2.1 Assess approaches to strategic cost management for programmes • Fixed and variable pricing methods • Budgetary control and variance analysis • Value engineering • Consortium based procurement • The use of open book costing and cost transparency
2.2 Analyse the use of financial and management information on the performance of programmes • Estimating budgets for projects • Measurement, monitoring control and improvement • Project tracking and control mechanisms • Controlling variations, claims/compensation events • Implementing remedial actions
2.3 Analyse the impact of programme performance on the supply chain • Consequential losses resulting from default • Assessment of damages • Contractual warranties and conditions • Specific performance • Termination clauses
2.4 Assess the implications of programme closure on the supply chain • Obtaining client acceptance • Installing deliverables • Conducting project audits • Knowledge management • Communicating the review, evaluation and learning
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3.1 Critically assess the concept of organisational culture • The meaning of organisational culture • The ingredients of culture • Identifying culture • Levels of culture • Cultural web • The four types of culture • Power culture • Task culture • Role culture • Person culture
3.2 Analyse the influence of national culture on programme success • Cultural similarities and differences • Language, religion, social, laws, politics, education systems, values and attitudes
3.3 Analyse tools and techniques which support cultural change • Ignoring the culture • Managing around the culture • Changing behaviours • Education vs. persuasion • Coercion to change attitudes • Recruitment policy, selection, promotion and reward • Redundancy policy and alter workforce composition
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