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THE UNIVERSITY OF THE WEST INDIES

EXAMINATIONS

OF APRILIMA Y 2012 Paper:

Code and Name of Course: PRMG 6007 - Procurement Management, Logistics &

Contracting
Date and Time: ~

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PM

Duration: 2 HOURS

INSTRUCTIONS TO CANDIDATES: This paper has 3 pages and 5 questions.

CANDIDATES MUST ANSWER THREE (3) OF THE FIVE QUESTIONS LISTED BELOW

The University of the West Indies

Course Code PRMG6007

APRILIMAY 2012

Page 2

1. (a)

Briefly explain the use of the following terms and discuss their relationships: (i) (ii) (iii) (iv) (v) (vi) (vii) (viii) Invitation to Register. Terms of Reference. Request for Expression of Interest. Request for Proposals. Request for Quotations. Request for Information. Invitation to Prequalify. Invitation to Bid or Tender.

[8 Marks]

(b)

Identify and discuss the differences between the principal objectives of both public sector and private sector procurement practice as they exist in your country. [8 Marks] Explain the different situations under which you would recommend the use of open/public tendering and selection tendering. [4 Marks]

(c)

2. (a) (b) (c)

Explain the different stages in a typical project from conception to completion. What are the principal stages in a feasibility study, briefly identify and discuss. Explain the concept "project creep" and briefly list and explain the principal causes and the consequences. ,I' Explain the role and use of an independent external consultant when employing a design and build procurement system. . \ Explain the role of the Engineer's estimate in tender evaluations. E~plain what action you, as the Chairman of a State Board, would recommend if there are concerns about the reliability of this estimate? Explain the following terms: (i) Risk. (ii) Risk Analysis (iii) Risk Management

[4 Marks] [4 Marks]

[4 Marks]

(d)

[4 Marks]

(e)

,.
[4 Marks]

3.

(a)

[3 Marks]\

(b) Your Company is about to undertake several major projects and you are assigned to lead a multi-disciplinary team to conduct a risk assessment.

___ The Univs:rsityof the West Indies -------

Course Code PRMG6007

--------------------------------------

APRIL/MAY 2012

Select Q.!! of the following projects and briefly identify and discuss the principal risk factors: (i) \ A Multi Billion Dollar road construction project. (ii) The Construction of a Mega Farm (iii) A large beach front hotel. (iv) A largesuburban gated residential community. A new industrial estate. ' .....vxv)
\
,

[7 Marks]

(c)

Discuss the risk allocation in the case of a situation in which you are employing a Design and Build contractor in one of the situations above, where the contract . is a Lump Sum contract andthere are milestone payment schedules.

[10 Marks]

,
4. (a) (b) (c) (d) What are the principal advantages of employing a standard fonn contract.: List and briefly discuss the principal clauses in a typical standard form contract. Differentiate between liquidated damages and claims. ~ ~ow has the intemationallending III your country. agencies influenced the procurement pr~c~s , ......" [4 Marks]
[4 Marks].'

_ [4 Marks]

[4 Marks]

(e)

The Procurement Process is at the centre of most, if not all, instances of corruption in the public sector. Discuss. Briefly discuss each of the following:

[4 Marks]

5. (a)

(i) Codes of Practice.


(ii) Codes of Ethics. ' (iii) Compulsory Standards. (iv) Conflict ofInterest. (b) (c) Differentiate between adjudication and arbitration. An arbitrator's findings are binding. Explain, under what condition can an arbitrator's finding be appealed. List and briefly discuss the principal characteristics you will be looking for in selecting a sole arbitrator. ~ [8 Marks] [4 Marks]

[4 Marks]

(d)

[4 Marks]

END OF PAPER
The University of the West Indies Course Code PRMG6007 APRIL/MAY 2012