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Posted: February 10th, 2022
Assigned Readings:Chapter 13: Procurement ManagementChapter 14: Quality PlanningInitial Postings: Read and reflect on the assigned readings for the week. Then post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in each assigned textbook chapter.Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion.Also, provide a graduate-level response to each of the following questions:
In addition to cost, what factors should be considered in selecting a building contractor? What can go wrong if the lowest bid is selected and nothing else is considered?
What is the difference between an RFP and an RFQ? Give two specific examples where an RFQ could be used and two specific examples where it is more likely that the organization will go with an RFP. (Use examples NOT from your textbook.)
[Your post must be substantive and demonstrate insight gained from the course material. Postings must be in the student’s own words – do not provide quotes!]
Text
Title: Project Management
Subtitle: https://opentextbc.ca/projectmanagement/
Authors: Adrienne Watt
Publisher: BCcampus Open Education
Publication Date: 2019
Edition: 2nd Edition
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Readings assigned: Chapter 13: Procurement Management 14th Chapter: Quality Planning Postings at First: Read and remark on the week’s assigned readings. Then, in each given textbook chapter, indicate what you considered was the most essential concept(s), method(s), term(s), and/or anything else that you think was worthy of your comprehension. Your first post should be based on the week’s required reading, thus the textbook should be a source noted in your reference section and cited inside the text. Other sources are not essential, but if they help your topic, feel free to use them. Also, respond to each of the following questions at the graduate level:
What variables, aside from cost, should be considered when hiring a building contractor? What could possibly go wrong?
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