Select any one fast track procurement route and discuss in detail the advantages and disadvantages associated with it, in relation to this specific scenario.

Procurement Contract Administration and Law Coursework 1: Individual Coursework PLEASE ANSWER ALL 6 QUESTIONS. TOTAL MARKS AVAILABLE: 100 Please use external references to support the points that you are making. Please cite all references using Harvard style. Please note that all marks uploaded to Canvas are subject to ratification by the school exam board and the external examiner, therefore are subject to change. Expected learning outcomes are as follows: Expected learning outcomes are as follows: • Demonstrate an understanding of the differences, strengths and weaknesses of commonly used construction procurement routes. • Identify and select an appropriate procurement route for a complex ‘real world’ scenario and understand its effect on the project. • Demonstrate an understanding of the operation of PFI contracts. • Demonstrate an understanding of how, and when, legally enforceable contracts come into formation, in a construction specific context. • Demonstrate an understanding of the legal rules which govern consideration, in a construction specific context. • Demonstrate an understanding of the factors which are used to determine whether or not statements made during pre-contract negotiations become terms of the final contract • Demonstrate an understanding of the remedies available for breaching different types of contract term. PART A Question 1 David Beckham, a legendary footballer, is interested in constructing a sports training academy in Manchester. He has gone to the Big Bank to borrow £30million for this project. As a result of the interest accruing on this loan, Beckham is keen to complete the project on time and within the project cost of £30million. He is confused as his friend has advised him to use the ‘Target Cost’ procurement method which, according to him, looks similar to the Guaranteed Maximum Price (GMP) earlier suggested by his bank manager. Beckham has contacted you as a reputable Project Management Consultant in relation to the two procurement methods. a. Advise Beckham in detail on the differences between the two methods of procurement. (13 marks) b. Advise Beckham on the risk involved if he decides to use the construction management procurement method. Use the Scottish Holyrood parliament as part of your example for discussion. (12 marks) For both parts a and b, please back up the points that you are making with peer reviewed literature (not lecture notes) and use Harvard referencing. Guideline approximately 700 -900 words. Question 2 Jane Project, a businesswoman from Cardiff, intends to build a 70,000 sq ft Art Gallery and art workshop space in Belfast city centre, next to the River Lagan. This centre will offer gallery and studio space, and an onsite cafe. Jane will apply for a government cultural grant to help fund the gallery and studio space. On the section of the site beside the river lagan she plans to build serviced offices for rent and a large car park; both of which will help fund the centre. The centre is in the middle of the city centre, which is congested with underground services and has very heavy peak traffic flows. In the initial stages of the project, Jane wants to develop a procurement strategy for his project. Considering the objectives of the project, as a project manager, advise Jane on the following aspects of the scheme: – (a) Identify and discuss the risks which will be held by the client and the contractor in procuring this project, in relation to this specific scenario. (5 Marks) (b) Jane has only heard of the traditional procurement route. Please outline the other procurement routes that are available to her. (10 Marks) (c) Select any one fast track procurement route and discuss in detail the advantages and disadvantages associated with it, in relation to this specific scenario. (10 Marks) For parts a, b and c please back up the points that you are making with peer reviewed literature (not lecture notes) and use Harvard referencing. Guideline approximately 700 -900