Podcast
Questions and Answers
What is one of Dr. Ahmed Hammad's hobbies?
What is one of Dr. Ahmed Hammad's hobbies?
How many years of experience does Dr. Ahmed Hammad have in project planning and control?
How many years of experience does Dr. Ahmed Hammad have in project planning and control?
In which languages is Dr. Ahmed Hammad proficient?
In which languages is Dr. Ahmed Hammad proficient?
What is included in the Essentials of Project Procurement module?
What is included in the Essentials of Project Procurement module?
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What is NOT a hobby of Dr. Ahmed Hammad?
What is NOT a hobby of Dr. Ahmed Hammad?
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What is the primary focus of the course introduction?
What is the primary focus of the course introduction?
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Which country is NOT mentioned as a part of the projects that stand the test of time?
Which country is NOT mentioned as a part of the projects that stand the test of time?
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What aspect of project management is emphasized in the course description?
What aspect of project management is emphasized in the course description?
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What are the major phases of construction projects?
What are the major phases of construction projects?
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What is a key requirement in procurement management?
What is a key requirement in procurement management?
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Which of the following is NOT a procurement planning requirement?
Which of the following is NOT a procurement planning requirement?
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Which decision is involved in major procurement planning?
Which decision is involved in major procurement planning?
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What is the alternative name for procurement in the context of project management?
What is the alternative name for procurement in the context of project management?
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Which of the following elements is NOT part of Module 1 on Essentials of Project Procurement?
Which of the following elements is NOT part of Module 1 on Essentials of Project Procurement?
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Which procedure is primarily concerned with evaluating the bids received?
Which procedure is primarily concerned with evaluating the bids received?
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What is commonly referred to as E-Procurement or E-Commerce?
What is commonly referred to as E-Procurement or E-Commerce?
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In which module would you find the topic 'Laws Impacting Construction Procurement'?
In which module would you find the topic 'Laws Impacting Construction Procurement'?
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Which of the following is NOT listed as an ERP software provider?
Which of the following is NOT listed as an ERP software provider?
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Which of the following is a key focus of 'Scope Definition & Other Bid Documents'?
Which of the following is a key focus of 'Scope Definition & Other Bid Documents'?
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Which aspect is NOT typically part of the house building process?
Which aspect is NOT typically part of the house building process?
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Which of the following software is categorized as Specialty Software?
Which of the following software is categorized as Specialty Software?
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What type of agreements are addressed under 'Labor Relations & Agreements' in Module 2?
What type of agreements are addressed under 'Labor Relations & Agreements' in Module 2?
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What is an important factor in the location selection for building a house?
What is an important factor in the location selection for building a house?
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What is the primary purpose of 'Bid Clarifications & Bid Addenda'?
What is the primary purpose of 'Bid Clarifications & Bid Addenda'?
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What decision-making topic is included under the bidding process?
What decision-making topic is included under the bidding process?
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Which concept deals with distributing potential risks among stakeholders?
Which concept deals with distributing potential risks among stakeholders?
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Which of the following is NOT a project type mentioned in the content?
Which of the following is NOT a project type mentioned in the content?
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What is a primary role of procurement in project management according to PMI?
What is a primary role of procurement in project management according to PMI?
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Which of the following best describes Project Management?
Which of the following best describes Project Management?
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What is the main purpose of having a portfolio in project management?
What is the main purpose of having a portfolio in project management?
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Which phase of the project life cycle indicates that a project is complete?
Which phase of the project life cycle indicates that a project is complete?
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Who is considered an internal stakeholder in a construction project?
Who is considered an internal stakeholder in a construction project?
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Which of the following is an element of SMART objectives?
Which of the following is an element of SMART objectives?
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What is the primary focus of Alternative Dispute Resolution (ADR)?
What is the primary focus of Alternative Dispute Resolution (ADR)?
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Which phase in the project life cycle exhibits gradual resource utilization?
Which phase in the project life cycle exhibits gradual resource utilization?
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Which stakeholder role is tasked with overseeing and managing the project's progress?
Which stakeholder role is tasked with overseeing and managing the project's progress?
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What is the relationship between tactical objectives and projects?
What is the relationship between tactical objectives and projects?
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What is the role of communication in project management?
What is the role of communication in project management?
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Which of the following is a key component in the Project Management Body of Knowledge (PMBOK)?
Which of the following is a key component in the Project Management Body of Knowledge (PMBOK)?
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Study Notes
Introduction to Procurement Management
- Dr. Ahmed Hammad has 25 years of project planning and control experience and 8 years in academia.
- Bilingual in Arabic and English; enjoys reading, exercising, traveling, photography, and chess.
Course Overview
- Course structured into three modules:
- Essentials of Project Procurement
- Contract Formation & Administration
- Conflicts, Claims & Alternative Dispute Resolution (ADR)
Course Dates & Structure
- Starts September 4; includes introductions and review of the course outline.
- Assignments and presentations due throughout the course timeline.
Basic Definitions
- Project: A temporary series of activities directed towards delivering a unique product or service.
- Project Management: The art and science of applying skills, knowledge, and techniques to achieve project objectives.
Benefit Realization
- Projects align with tactical objectives to achieve organizational benefits.
- Programs comprise related projects to reach strategic goals, ultimately supporting a vision.
SMART Objectives
- Define clear, measurable, and achievable goals to enhance project success.
Types of Construction Projects
- Categories include Residential, Infrastructure, Industrial, and Commercial projects.
- Examples: Housing, Roads, Airports, Hospitals, Oil & Gas facilities.
Project Stakeholders
- Key players include Owners, Designers (Architects/Engineers), Constructors (Contractors).
- Internal stakeholders involve project leadership, management teams, and vendors; external ones include end-users and government agencies.
Project Management Structure
- Utilizes a matrix organization to enhance project scope and change management.
- Collaboration between functional managers and project teams is essential.
Project Management Institute (PMI)
- PMI guides the Project Management Body of Knowledge (PMBOK), outlining project management standards and best practices.
Project Life Cycle
- Defined by discrete stages: Initiation, Planning, Execution, Controlling, and Closeout.
- Resource levels trend through slow ramp-up, steady state, sharp ramp-down phases.
Procurement Management
- Encompasses acquiring goods and services, often referred to as Supply Chain Management (SCM).
- Requires a clear procurement strategy, management plan, and team coordination.
Major Procurement Decisions
- Determining financing models, delivery methods, contractor procedures, contract types, and software.
- Includes prequalification of vendors and considerations for risk management.
Procurement Software Options
- ERP systems like Oracle and SAP help streamline procurement processes.
- Specialty software include 4castplus and ProcureWare; cloud-based options are available.
Practical Applications
- When building a house, consider location, budget, schedule, specifications, and contractor selection.
Studying That Suits You
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Description
Explore the fundamentals of procurement management in this course. Covering essentials such as project procurement, contract formation, and dispute resolution strategies, this course equips participants with the necessary skills to manage procurement effectively. Engage in assignments and presentations for a comprehensive learning experience.