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Category: AKTU MBA NOTES

CPM/U4 Topic 8 Project Process Flows

In project management, a flow chart is a visual aid to understand the methodology you’re using to manage the project. The diagram shows the interdependent and parallel processes over the […]

CPM/U3 Topic 1 Awarding Works Contracts

Contract awarding is the method used during a procurement in order to evaluate the proposals (tender offers) taking part and award the relevant contract. Usually at this stage the eligibility […]

CPM/U3 Topic 2 Contract Management Skills

Successful management, both contract and otherwise, really boils down to cultivating solid working relationships. Obviously, the economics of a deal and the business operations of the parties involved are important […]

CPM/U3 Topic 3 Contract Performance Management

Contractor Performance Management is a significant lever to add value to your company’s operations. Today, a significant portion of operating expenses is paid to externals such as suppliers and/or service […]

CPM/U3 Topic 4 Incentives and Penalties

INCENTIVES Many traditional municipal solid waste contracts provide incentives for disposal-based systems by paying contractors incrementally more for additional solid waste collection residences served and/or for higher disposal quantities. Under […]

CPM/U3 Topic 6 Contract and Project Audit

Project auditing is a formal type of “project review“, most often designed to evaluate the extent to which project management standards are being followed.  Audits are typically performed by a […]

CPM/U2 Topic 2 D-B-B (Design, Bid, Build)

(D-B-B) Design–bid–build (or design/bid/build, and abbreviated D–B–B or D/B/B accordingly), also known as Design–tender (or “design/tender”) traditional method or hardbid, is a project delivery method in which the agency or […]

CPM/U2 Topic 3 D-B (Design, Build)

Design–build (or design/build, and abbreviated D–B or D/B accordingly) is a project delivery system used in the construction industry. It is a method to deliver a project in which the […]

CPM/U2 Topic 4 B-O-T (Build, Operate, Transfer)

Build–operate–transfer (BOT) or build–own–operate–transfer (BOOT) is a form of project financing, wherein a private entity receives a concession from the private or public sector to finance, design, construct, own, and […]

CPM/U2 Topic 7 Cost Plus Incentive Fee

A cost-plus-incentive fee (CPIF) contract is a cost-reimbursement contract that provides for an initially negotiated fee to be adjusted later by a formula based on the relationship of total allowable […]