[Solution]Project Risk and Procurement Management

Your focus should be on the theory and the examples using the company and subject to demonstrate your “mastery” of both the literature and critical…

Your focus should be on the theory and the examples using the company and subject to demonstrate your “mastery” of both the literature and critical analysis of the literature as applied to the scenario/company.  This represents 60% of your total score.
 
Please note, when 30% of the paper states “Theory” that is what is expected.
PLEASE do not focus on the organization or the project —-focus on the literature and use the organization /project as the example to showcase your master of the literature—not your mastery of the PMBOK tools unless you have the foundation research and theory that they are built2.
 
Specific Case Company Context:
 
Strategic procurement depends on strong Supplier Relationship Management (SRM) where procurement professionals are concerned about developing robust supplier relationships and negotiating favorable terms and conditions. In the future, it is expected that supply chain structures will become more complex and choosing the right supplier will be more critical. Increasingly stringent supplier requirements will become routine and demanding purchasers will expect suppliers to demonstrate their essential competencies. Supply chain risk, scarcity of raw materials, environmental, sustainable and economic issues will lead to increased pressure on the buyer – supplier relationships.
 
You are to consider a UK business that sources food materials extensively from Greece and discuss how it can manage the dangers of economic and other risks arising from this relationship You are asked to critically discuss how the procurement function can manage a network often global of vendors and suppliers that can quickly become inoperative due torpid shifts in the business environment. You are expected to provide appropriate case study examples to illustrate your answer.
 
The only purpose the company/project serves in the paper is for you to demonstrate the mastery of the literature
 
This coursework should follow a structured approach and should be prepared and presented as a professional business report. You should undertake a relevant literature review that helps inform your investigation. Please also ensure that the Harvard Referencing System is adhered to and fully complied with.
 
Your paper should have a clear structure, with:
– A cover page (student number, module title, assignment title, word count (effective, not max), declaration of originality
– An abstract (300 words max, one single paragraph)
– A table of contents
– 3000 words (+ or – 10%= 2700 -3300 words)
– The main body of the paper – you have full creative control over the structure, but do use section headings to signpost your work
– References list – this is mandatory at Master level
 
– Harvard formatted reference list & in-text citations – this is mandatory at Master level
NOTE: The cover page, abstract, table of contents, and reference list do NOT count in the word
 
 
 
Scope
—Clarity of the Focus of the paper
Understanding of Subject Matter
—This is demonstrated through your critical analysis of each element in the paper supported with valid referencing.
 
 
 
Literature
–Theoretical and applied–see the  reviewed theory examples.
 
 
 
Critical analysis based on evidence
—Critical analysis versus description
 
Descriptive Writing versus Critical-Analytical Writing
 

Descriptive  Writing                        
Critical  /  Analytical  Writing    

·       States what happened
·
States what something is like
·
Gives the story so far
·
States the order in which things happened
·
Says how to do something
·
Explains what a theory says
·
Explains how something works
·
Notes the method used
·
Says when something occurred
·
States the different components
·
States options
·
Lists details
·
Lists in any order
·
States links between items
·
Gives information
·       Identifies the significance
 
·       Evaluates (judges the value) strengths and weaknesses
 
·       Weighs one piece of information against another
·
Makes reasoned judgments
·
Argues a case according to evidence
·
Shows why something is relevant or suitable
·
Indicates why something will work (best)
·
Indicates whether something is appropriate or suitable
·
Identifies why the timing is important
·
Weighs up the importance of component parts
·
Gives reasons for the selection of each options
·
Evaluates the relative significance of details
·
Structures information in order of importance [etc.]
·
Shows the relevance of links between pieces of information
·
Draws conclusions

 
 
 
 
 
Structure of argument, leading to the conclusion
—A conclusion is a result of the critical analysis versus a summary of the paper key points; See the “Star” post “Referencing Basics”
 
Do not include the cover page, abstract, table of contents or References section in the word count.
 
 

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