SlideShare a Scribd company logo
1 of 35
Project Management Procurement and Organization   Theoretical Organizational Structures –   Hierarchical  Managing Director   Operations  Director Finance  Director HR  Director BDU  Director Head of Facilities Mgt. Head of Operations Regional  Managers H&S Manager Area  FM’s Account  Managers Head of Finance & Admin Head of HR Personnel Manager Training  Manager Head of  Marketing Head of Development recap
Project Management Procurement and Organization   Hierarchical – Pros and Cons   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],recap
Project Management Procurement and Organization   Theoretical Organisational Structures –   MATRIX. GENERAL  MANAGER PROJECT  MANAGER (1) PROJECT  MANAGER (2) Research &  Development Engineering Finance & Procurement Marketing recap
Project Management Procurement and Organization   Matrix – Pros and Cons   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],recap
Project Management Procurement and Organization   Theoretical Organizational Structures –   Hybrid (rotational)  Managing  Director HR Director Operations Director Finance Director BDU Director Head of Facilities Mgt. Head of Operations Head of Development Head of  Marketing Head of HR Head of Finance & Admin recap
Project Management Procurement and Organization   Hybrid – Pros and Cons   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],recap
MSc PROJECT MANAGEMENT Managing Risk  Roy Clarke
Managing Risk ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object]
Contractual Risk Management REWARD X RISK RISK REWARD Possibility of Gain Possibility of Loss
Pro-Active vs Re-Active PROACTIVE   - To prevent before the event - To assess and predict - Damage never occurs REACTIVE   - To react after the event - To review/investigate - Damage already done
[object Object],Project  Costs Influence on TQC Cumulative Cost Conceive  Design  Plan  Allocate  Execute  Deliver  Review  Support Time
Contractual Risk
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],Source: Hackett et al. (2007) Aqua group guide to procurement …….. What can we learn for the future? Use  Are risks under control? Pre-Construction  Are risks allocated appropriately? Feasibility Are conditions in place to proceed? Strategy  Are the risks Acceptable? Inception Focus on the Risk Management Study Project Stage
Balancing Risks ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Likelihood Severity
Prioritise the Risk - Risk Matrix
Hierarchy of Control Methods 1.  ELIMINATE Stop doing the activity / job / task  or using the materials plant equipment 2.  REPLACE Substitute / mechanise 3.  REDUCE Persons / numbers of times used / quantities used 4.  CONTROL Barriers / permits to work / safe systems of work / personal protective equipment
Contractual Risk Management IDENTIFY RISK ANALYSE RISK QUANTIFY RISK Identify Means of RE-EVALUATE Choice of Action TRANSFER Retain INSURE CONTRACT OUT Self Fund Revenue account Event Cause Probability Reduction Effect Severity Elimination Source – Facilities Management : Alexander
Transfer of Risk Insurance Risk ? That can and must be Insured Risk that can be Insured if required Risk that are difficult or impossible to Insure  The contractor or  Client must Accept  the risk  Statutory  Requirement Management  Choice  Contractual  Requirement ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Source: D. Lock 2004
[object Object],[object Object],[object Object],[object Object],[object Object],Contractual Risk Management
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Contractual Risk Management
Standard Form Contracts. ,[object Object],Liquidated Ascertained  Damages  (LAD’ S ) Performance  Bonds Provisional cost Sums PC Sums Defects Liability &  Retention Sums Insurance (SFC Clause 6)   Limit of  Contractors Design  Liability
Liquidated Ascertained  Damages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Defects Liability and  Retention Sum (1) ,[object Object],“ Any defects, shrinkages or other faults which shall appear within the Defects liability period and are due to the failure of the contractor to comply with his obligations under this contract ………. .…….. and within a reasonable time after the receipt of such a schedule of defects, shrinkages and other faults therein specified shall be made good by the contractor at no cost to the Employer”
Defects Liability and  Retention sum (2) ,[object Object],- The Contract requires the parties to agree a Defects Liability Period (in months). - 6 months is the default period if no other period is inserted into the Appendix. - The defects liability period starts at Practical Completion.
Defects Liability and  Retention Sum 3) ,[object Object],“ The retention which the Employer may deduct and retain…. is such percentage of the total amount” 30.4.1.1 “the Percentage referred to in the conditions and appendix 1 as the “retention percentage” shall be 5% unless a lower rate shall be agreed.” NOTE 2.5 % of the retention money is released at Practical Completion
Contractual INSURANCE JCT SFC  Section 6  (See H/O) Clause 6.1   The Contractor indemnifies the employer in the event of death and personal injury.   Clause 6.2  The contractor indemnifies the employer against any expense / loss / claim or proceeding arising from injury or damage to property.
Guarantee’s & Bonds ,[object Object],[object Object],Source: Contract practice for surveyors – J Ramus
Guarantee’s & Bonds ,[object Object],[object Object],[object Object],[object Object],[object Object],Source: Contract practice for surveyors – J Ramus
Performance  Bonds ,[object Object],[object Object],[object Object],Source: Contract practice for surveyors – J Ramus
Practical Risk Mitigation ,[object Object],[object Object],[object Object],[object Object]
Definition of Design Risk   ,[object Object],[object Object],[object Object],[object Object],[object Object]

More Related Content

What's hot

Risk Identification PowerPoint Presentation Slide
Risk Identification PowerPoint Presentation SlideRisk Identification PowerPoint Presentation Slide
Risk Identification PowerPoint Presentation SlideSlideTeam
 
Security In A Crisis
Security In A CrisisSecurity In A Crisis
Security In A Crisisshanehenry
 
Quiz on Risk Management (Insurance)
Quiz on Risk Management (Insurance)Quiz on Risk Management (Insurance)
Quiz on Risk Management (Insurance)Saumya Singh
 
Pm0012 – project finance and budgeting
Pm0012 –  project finance and budgetingPm0012 –  project finance and budgeting
Pm0012 – project finance and budgetingsmumbahelp
 
Tools &Techniques for Effective Risk Management V3.0
Tools &Techniques for Effective Risk Management V3.0Tools &Techniques for Effective Risk Management V3.0
Tools &Techniques for Effective Risk Management V3.0cgautam
 
CMGT/442 ENTIRE CLASS UOP TUTORIALS
CMGT/442 ENTIRE CLASS UOP TUTORIALSCMGT/442 ENTIRE CLASS UOP TUTORIALS
CMGT/442 ENTIRE CLASS UOP TUTORIALSSharon Reynolds
 
Common Objectives of the CRO and the CAE
Common Objectives of the CRO and the CAECommon Objectives of the CRO and the CAE
Common Objectives of the CRO and the CAEWheelhouse Advisors LLC
 
Types of risk
Types of riskTypes of risk
Types of riskImran
 
Risk Management and Risk Transfer
Risk Management and Risk TransferRisk Management and Risk Transfer
Risk Management and Risk TransferCBIZ, Inc.
 
Risk Management of PPP
Risk Management of PPPRisk Management of PPP
Risk Management of PPPRupertBooth
 
Understanding enterprise risk management and fair
Understanding enterprise risk management and fairUnderstanding enterprise risk management and fair
Understanding enterprise risk management and fairiaemedu
 
Assess Your Business Continuity Management Process
Assess Your Business Continuity Management ProcessAssess Your Business Continuity Management Process
Assess Your Business Continuity Management ProcessAnand Subramaniam
 
Shared Services for Finance & Accounting - Wheelhouse Advisors 7.15.08
Shared Services for Finance & Accounting -  Wheelhouse Advisors 7.15.08Shared Services for Finance & Accounting -  Wheelhouse Advisors 7.15.08
Shared Services for Finance & Accounting - Wheelhouse Advisors 7.15.08Wheelhouse Advisors LLC
 
Financial Risk In Renewable Energy
Financial Risk In Renewable EnergyFinancial Risk In Renewable Energy
Financial Risk In Renewable Energybinny_prabhakar
 
Risk Analysis In Business Continuity Management - Jeremy Wong
Risk Analysis In Business Continuity Management - Jeremy WongRisk Analysis In Business Continuity Management - Jeremy Wong
Risk Analysis In Business Continuity Management - Jeremy WongBCM Institute
 
Conference 2010 Risk Appetite Includes Handouts And Output
Conference 2010   Risk Appetite   Includes Handouts And OutputConference 2010   Risk Appetite   Includes Handouts And Output
Conference 2010 Risk Appetite Includes Handouts And Outputliztaylor
 

What's hot (20)

Risk Identification PowerPoint Presentation Slide
Risk Identification PowerPoint Presentation SlideRisk Identification PowerPoint Presentation Slide
Risk Identification PowerPoint Presentation Slide
 
Security In A Crisis
Security In A CrisisSecurity In A Crisis
Security In A Crisis
 
Quiz on Risk Management (Insurance)
Quiz on Risk Management (Insurance)Quiz on Risk Management (Insurance)
Quiz on Risk Management (Insurance)
 
Pm0012 – project finance and budgeting
Pm0012 –  project finance and budgetingPm0012 –  project finance and budgeting
Pm0012 – project finance and budgeting
 
Tools &Techniques for Effective Risk Management V3.0
Tools &Techniques for Effective Risk Management V3.0Tools &Techniques for Effective Risk Management V3.0
Tools &Techniques for Effective Risk Management V3.0
 
CMGT/442 ENTIRE CLASS UOP TUTORIALS
CMGT/442 ENTIRE CLASS UOP TUTORIALSCMGT/442 ENTIRE CLASS UOP TUTORIALS
CMGT/442 ENTIRE CLASS UOP TUTORIALS
 
Common Objectives of the CRO and the CAE
Common Objectives of the CRO and the CAECommon Objectives of the CRO and the CAE
Common Objectives of the CRO and the CAE
 
Types of risk
Types of riskTypes of risk
Types of risk
 
Construction Accident Risk Management
Construction Accident Risk ManagementConstruction Accident Risk Management
Construction Accident Risk Management
 
Risk Management and Risk Transfer
Risk Management and Risk TransferRisk Management and Risk Transfer
Risk Management and Risk Transfer
 
Risk Management of PPP
Risk Management of PPPRisk Management of PPP
Risk Management of PPP
 
Complex risk management, Wednesday 21st January 2015
Complex risk management, Wednesday 21st January 2015Complex risk management, Wednesday 21st January 2015
Complex risk management, Wednesday 21st January 2015
 
Understanding enterprise risk management and fair
Understanding enterprise risk management and fairUnderstanding enterprise risk management and fair
Understanding enterprise risk management and fair
 
Assess Your Business Continuity Management Process
Assess Your Business Continuity Management ProcessAssess Your Business Continuity Management Process
Assess Your Business Continuity Management Process
 
Shared Services for Finance & Accounting - Wheelhouse Advisors 7.15.08
Shared Services for Finance & Accounting -  Wheelhouse Advisors 7.15.08Shared Services for Finance & Accounting -  Wheelhouse Advisors 7.15.08
Shared Services for Finance & Accounting - Wheelhouse Advisors 7.15.08
 
10120130405020
1012013040502010120130405020
10120130405020
 
Financial Risk In Renewable Energy
Financial Risk In Renewable EnergyFinancial Risk In Renewable Energy
Financial Risk In Renewable Energy
 
Risk Analysis In Business Continuity Management - Jeremy Wong
Risk Analysis In Business Continuity Management - Jeremy WongRisk Analysis In Business Continuity Management - Jeremy Wong
Risk Analysis In Business Continuity Management - Jeremy Wong
 
Conference 2010 Risk Appetite Includes Handouts And Output
Conference 2010   Risk Appetite   Includes Handouts And OutputConference 2010   Risk Appetite   Includes Handouts And Output
Conference 2010 Risk Appetite Includes Handouts And Output
 
Risk Mitigation
Risk MitigationRisk Mitigation
Risk Mitigation
 

Viewers also liked

M Sc Pm Lecture No 4 Risk
M Sc Pm Lecture No 4    RiskM Sc Pm Lecture No 4    Risk
M Sc Pm Lecture No 4 RiskHoang Vuong
 
Tel Aviv: Planning and Architecture
Tel Aviv: Planning and ArchitectureTel Aviv: Planning and Architecture
Tel Aviv: Planning and ArchitectureNaamaLissar
 
M Sc P M Lecture No 3 Project Organisation & Procure 2
M Sc  P M  Lecture No 3   Project Organisation &  Procure 2M Sc  P M  Lecture No 3   Project Organisation &  Procure 2
M Sc P M Lecture No 3 Project Organisation & Procure 2Hoang Vuong
 
Ket cau thep zamilsteel
Ket cau thep zamilsteelKet cau thep zamilsteel
Ket cau thep zamilsteelHoang Vuong
 
Optimizing Urban Structure: Toward an Integrated New Urbanist Model - Evan Jo...
Optimizing Urban Structure: Toward an Integrated New Urbanist Model - Evan Jo...Optimizing Urban Structure: Toward an Integrated New Urbanist Model - Evan Jo...
Optimizing Urban Structure: Toward an Integrated New Urbanist Model - Evan Jo...Congress for the New Urbanism
 
SEO: Getting Personal
SEO: Getting PersonalSEO: Getting Personal
SEO: Getting PersonalKirsty Hulse
 

Viewers also liked (7)

M Sc Pm Lecture No 4 Risk
M Sc Pm Lecture No 4    RiskM Sc Pm Lecture No 4    Risk
M Sc Pm Lecture No 4 Risk
 
Tel Aviv Turner
Tel Aviv TurnerTel Aviv Turner
Tel Aviv Turner
 
Tel Aviv: Planning and Architecture
Tel Aviv: Planning and ArchitectureTel Aviv: Planning and Architecture
Tel Aviv: Planning and Architecture
 
M Sc P M Lecture No 3 Project Organisation & Procure 2
M Sc  P M  Lecture No 3   Project Organisation &  Procure 2M Sc  P M  Lecture No 3   Project Organisation &  Procure 2
M Sc P M Lecture No 3 Project Organisation & Procure 2
 
Ket cau thep zamilsteel
Ket cau thep zamilsteelKet cau thep zamilsteel
Ket cau thep zamilsteel
 
Optimizing Urban Structure: Toward an Integrated New Urbanist Model - Evan Jo...
Optimizing Urban Structure: Toward an Integrated New Urbanist Model - Evan Jo...Optimizing Urban Structure: Toward an Integrated New Urbanist Model - Evan Jo...
Optimizing Urban Structure: Toward an Integrated New Urbanist Model - Evan Jo...
 
SEO: Getting Personal
SEO: Getting PersonalSEO: Getting Personal
SEO: Getting Personal
 

Similar to M Sc P M Lecture No 3 Project Organisation & Procure 2

Managing Technical & Project Risks on Small Renewable Energy Projects (...
Managing Technical & Project Risks on Small Renewable Energy Projects (...Managing Technical & Project Risks on Small Renewable Energy Projects (...
Managing Technical & Project Risks on Small Renewable Energy Projects (...mtingle
 
An Assignment On Risks In Public Private Partnership
An Assignment On Risks In Public Private PartnershipAn Assignment On Risks In Public Private Partnership
An Assignment On Risks In Public Private PartnershipStephen Faucher
 
project managment.ppt
project managment.pptproject managment.ppt
project managment.pptHinaAsghar16
 
PRMG195 - Rsik Management Case Study.pdf
PRMG195 - Rsik Management Case Study.pdfPRMG195 - Rsik Management Case Study.pdf
PRMG195 - Rsik Management Case Study.pdfmohamed Ismail
 
11. Project Risk Management.pptx
11. Project Risk Management.pptx11. Project Risk Management.pptx
11. Project Risk Management.pptxKamranKhan353531
 
Pm0012 – project finance and budgeting
Pm0012 –  project finance and budgetingPm0012 –  project finance and budgeting
Pm0012 – project finance and budgetingsmumbahelp
 
Integrated Analysis of Schedule and Cost Risk
Integrated Analysis of Schedule and Cost RiskIntegrated Analysis of Schedule and Cost Risk
Integrated Analysis of Schedule and Cost RiskHKA
 
UNIVERSITY OF PHOENIXCOLLEGE OF EDUCATION AND EXTERNAL STUDIES.docx
UNIVERSITY OF PHOENIXCOLLEGE OF EDUCATION AND EXTERNAL STUDIES.docxUNIVERSITY OF PHOENIXCOLLEGE OF EDUCATION AND EXTERNAL STUDIES.docx
UNIVERSITY OF PHOENIXCOLLEGE OF EDUCATION AND EXTERNAL STUDIES.docxdickonsondorris
 
The Known Unknown - Importance of Project Risk Management by Mr Wissam Yaacoub
The Known Unknown - Importance of Project Risk Management by Mr Wissam YaacoubThe Known Unknown - Importance of Project Risk Management by Mr Wissam Yaacoub
The Known Unknown - Importance of Project Risk Management by Mr Wissam YaacoubPMILebanonChapter
 

Similar to M Sc P M Lecture No 3 Project Organisation & Procure 2 (20)

Slide 3_Arpita
Slide 3_ArpitaSlide 3_Arpita
Slide 3_Arpita
 
Project mngmnt risks3.2
Project mngmnt risks3.2Project mngmnt risks3.2
Project mngmnt risks3.2
 
Managing Technical & Project Risks on Small Renewable Energy Projects (...
Managing Technical & Project Risks on Small Renewable Energy Projects (...Managing Technical & Project Risks on Small Renewable Energy Projects (...
Managing Technical & Project Risks on Small Renewable Energy Projects (...
 
Risk management
Risk managementRisk management
Risk management
 
An Assignment On Risks In Public Private Partnership
An Assignment On Risks In Public Private PartnershipAn Assignment On Risks In Public Private Partnership
An Assignment On Risks In Public Private Partnership
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
 
project managment.ppt
project managment.pptproject managment.ppt
project managment.ppt
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
 
PRMG195 - Rsik Management Case Study.pdf
PRMG195 - Rsik Management Case Study.pdfPRMG195 - Rsik Management Case Study.pdf
PRMG195 - Rsik Management Case Study.pdf
 
11. Project Risk Management.pptx
11. Project Risk Management.pptx11. Project Risk Management.pptx
11. Project Risk Management.pptx
 
Pm0012 – project finance and budgeting
Pm0012 –  project finance and budgetingPm0012 –  project finance and budgeting
Pm0012 – project finance and budgeting
 
8. project risk management
8. project risk management8. project risk management
8. project risk management
 
Integrated Analysis of Schedule and Cost Risk
Integrated Analysis of Schedule and Cost RiskIntegrated Analysis of Schedule and Cost Risk
Integrated Analysis of Schedule and Cost Risk
 
UNIVERSITY OF PHOENIXCOLLEGE OF EDUCATION AND EXTERNAL STUDIES.docx
UNIVERSITY OF PHOENIXCOLLEGE OF EDUCATION AND EXTERNAL STUDIES.docxUNIVERSITY OF PHOENIXCOLLEGE OF EDUCATION AND EXTERNAL STUDIES.docx
UNIVERSITY OF PHOENIXCOLLEGE OF EDUCATION AND EXTERNAL STUDIES.docx
 
The Known Unknown - Importance of Project Risk Management by Mr Wissam Yaacoub
The Known Unknown - Importance of Project Risk Management by Mr Wissam YaacoubThe Known Unknown - Importance of Project Risk Management by Mr Wissam Yaacoub
The Known Unknown - Importance of Project Risk Management by Mr Wissam Yaacoub
 

Recently uploaded

A.I. Bot Summit 3 Opening Keynote - Perry Belcher
A.I. Bot Summit 3 Opening Keynote - Perry BelcherA.I. Bot Summit 3 Opening Keynote - Perry Belcher
A.I. Bot Summit 3 Opening Keynote - Perry BelcherPerry Belcher
 
CATALOG cáp điện Goldcup (bảng giá) 1.4.2024.PDF
CATALOG cáp điện Goldcup (bảng giá) 1.4.2024.PDFCATALOG cáp điện Goldcup (bảng giá) 1.4.2024.PDF
CATALOG cáp điện Goldcup (bảng giá) 1.4.2024.PDFOrient Homes
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedLean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedKaiNexus
 
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckPitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckHajeJanKamps
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncrdollysharma2066
 
(8264348440) 🔝 Call Girls In Hauz Khas 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Hauz Khas 🔝 Delhi NCR(8264348440) 🔝 Call Girls In Hauz Khas 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Hauz Khas 🔝 Delhi NCRsoniya singh
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechNewman George Leech
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessAggregage
 
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewasmakika9823
 
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptxBanana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptxgeorgebrinton95
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadAyesha Khan
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Timedelhimodelshub1
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...lizamodels9
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
(8264348440) 🔝 Call Girls In Keshav Puram 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Keshav Puram 🔝 Delhi NCR(8264348440) 🔝 Call Girls In Keshav Puram 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Keshav Puram 🔝 Delhi NCRsoniya singh
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 

Recently uploaded (20)

A.I. Bot Summit 3 Opening Keynote - Perry Belcher
A.I. Bot Summit 3 Opening Keynote - Perry BelcherA.I. Bot Summit 3 Opening Keynote - Perry Belcher
A.I. Bot Summit 3 Opening Keynote - Perry Belcher
 
CATALOG cáp điện Goldcup (bảng giá) 1.4.2024.PDF
CATALOG cáp điện Goldcup (bảng giá) 1.4.2024.PDFCATALOG cáp điện Goldcup (bảng giá) 1.4.2024.PDF
CATALOG cáp điện Goldcup (bảng giá) 1.4.2024.PDF
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
 
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedLean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
 
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckPitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
 
(8264348440) 🔝 Call Girls In Hauz Khas 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Hauz Khas 🔝 Delhi NCR(8264348440) 🔝 Call Girls In Hauz Khas 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Hauz Khas 🔝 Delhi NCR
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman Leech
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
 
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
 
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptxBanana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptx
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Time
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
(8264348440) 🔝 Call Girls In Keshav Puram 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Keshav Puram 🔝 Delhi NCR(8264348440) 🔝 Call Girls In Keshav Puram 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Keshav Puram 🔝 Delhi NCR
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 

M Sc P M Lecture No 3 Project Organisation & Procure 2

  • 1. Project Management Procurement and Organization Theoretical Organizational Structures – Hierarchical Managing Director Operations Director Finance Director HR Director BDU Director Head of Facilities Mgt. Head of Operations Regional Managers H&S Manager Area FM’s Account Managers Head of Finance & Admin Head of HR Personnel Manager Training Manager Head of Marketing Head of Development recap
  • 2.
  • 3. Project Management Procurement and Organization Theoretical Organisational Structures – MATRIX. GENERAL MANAGER PROJECT MANAGER (1) PROJECT MANAGER (2) Research & Development Engineering Finance & Procurement Marketing recap
  • 4.
  • 5. Project Management Procurement and Organization Theoretical Organizational Structures – Hybrid (rotational) Managing Director HR Director Operations Director Finance Director BDU Director Head of Facilities Mgt. Head of Operations Head of Development Head of Marketing Head of HR Head of Finance & Admin recap
  • 6.
  • 7. MSc PROJECT MANAGEMENT Managing Risk Roy Clarke
  • 8.
  • 9.
  • 10.
  • 11. Contractual Risk Management REWARD X RISK RISK REWARD Possibility of Gain Possibility of Loss
  • 12. Pro-Active vs Re-Active PROACTIVE - To prevent before the event - To assess and predict - Damage never occurs REACTIVE - To react after the event - To review/investigate - Damage already done
  • 13.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19. Prioritise the Risk - Risk Matrix
  • 20. Hierarchy of Control Methods 1. ELIMINATE Stop doing the activity / job / task or using the materials plant equipment 2. REPLACE Substitute / mechanise 3. REDUCE Persons / numbers of times used / quantities used 4. CONTROL Barriers / permits to work / safe systems of work / personal protective equipment
  • 21. Contractual Risk Management IDENTIFY RISK ANALYSE RISK QUANTIFY RISK Identify Means of RE-EVALUATE Choice of Action TRANSFER Retain INSURE CONTRACT OUT Self Fund Revenue account Event Cause Probability Reduction Effect Severity Elimination Source – Facilities Management : Alexander
  • 22.
  • 23.
  • 24.
  • 25.
  • 26.
  • 27.
  • 28.
  • 29.
  • 30. Contractual INSURANCE JCT SFC Section 6 (See H/O) Clause 6.1 The Contractor indemnifies the employer in the event of death and personal injury. Clause 6.2 The contractor indemnifies the employer against any expense / loss / claim or proceeding arising from injury or damage to property.
  • 31.
  • 32.
  • 33.
  • 34.
  • 35.