Procurement and Contract Management

Singapore University of Social Sciences

Procurement and Contract Management (FMT203)

Applications Open: To be confirmed

Applications Close: To be confirmed

Next Available Intake: To be confirmed

Course Types: To be confirmed

Language: English

Duration: 6 months

Fees: To be confirmed

Area of Interest: Management, Built Environment

Schemes: To be confirmed

Funding: To be confirmed

School/Department: School of Science and Technology

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Synopsis

FMT203 Procurement and Contract Management provides students an understanding of procurement process and different types of contracts currently employed in the industry. The course aims to equip students with knowledge that covers tendering procedures, preparation of tender documents, payment and procurement procedures. Students are also exposed to writing of specifications and description writing of contract, preparation of subcontracting and insurance, performance bond, key performance indicators and the various indemnity clauses.

Level: 2
Credit Units: 5
Presentation Pattern: EVERY JAN

Topics

Forms of Contract used for Facilities Management/ Project Management
Delay, Extension of Time and Liquidated Damages
Payment and Final Account Procedures
Claims Management Procedure
Development of Procurement Plan and Strategies
Contractual Arrangements
Tender Documentation, Evaluation and Award
Specification and Description Writing
Procurement Management for Contractors (e.g. Sub-contractors and suppliers)
Trends and Development in Contractual Arrangements and Procurement
Moving Forward in Procurement

Learning Outcome

At the end of the course, students should be able to:
A. Knowledge and Understanding (Theory Component)
1. Discuss the principles of contract provisions, procurement process and tendering procedures
2. Explain the roles and principles of contract provisions such as Instruction and Direction, Quality of Workmanship and Material, Sub-contracting, Extension of Time and Delay, Variation, Liquidated Damages, Payment and Risk Management
3. Examine issues and trends in the industry, and corresponding developments in contract administration and procurement management
B. Key Skills (Practical Component)
1. Interpret simple specifications and descriptions for works and services
2. Prepare tender documents and manage the procurement process for projects using working knowledge of finance, budgeting and resource allocation
3. Calculate contractual payment and compensation