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(Solution) CIPS Advanced Level Contract & Category Management in P&S – APGM
Original price was: £ 40.00.£ 10.00Current price is: £ 10.00.
- This business report has been used for evaluating the category and contract management in Eco2Solar Company.
- In particular, Eco2Solar operates to improve their project management (PM) and Cost Management (CM) as part of their category management has been evaluated.
- The areas of focus has included an evaluation of requirements for initiating and preparing category management, strategic and conventional sourcing process and role in contract management, tools and techniques for mapping categories of direct and indirect expenditure.
- From the findings obtained, innovative measures for improving the supply chain in light of categories and category management has been recommended.
- Further, in this business report, the contract administration and contract management in case of category management has similarly been evaluated in context of category management this is with assessment of risks and implementation of risk management techniques in contracts being reviewed in context of category management.
- In order to appreciate the best practice in category and contract management in the selected Eco2Solar construction spend area, use of quantitative and desk research has been pursued to obtain relevant data.
- Additionally, different tools have been applied such as Mendelow Stakeholders analysis, CIPS Category Management Cycle, CIPS Contract Management Cycle, Suppliers positioning, PESTLE analysis and SWOT analysis.
- Considering this business report findings, Eco2Solar need to improve their approach for risk management and efficiency and effectiveness of category and contract management.
- From these finding, the stakeholders collaboration in Eco2Solar need to be improved which can be done by embrace of blockchain technologies.
- Also, by identifying their PS&M teams training and capacity development, they would be able to improve on their category management. In the contemporary procurement environment, the training and capacity development has been noted as the best practice to manage gaps in their operations. Also, the findings indicate the need for Eco2Solar to improve their category management of their construction spend by coming up with appropriate SLA’s agreement and KPIs while ensuring they capitalise on innovativeness.
- For the project management and cost management, this being a long-term investment would require an improved auditing. This can entail embrace of analytics to analyse and present contract management data and appropriate management strategy.
- The importance of improved collaboration is ensuring stakeholders active involvement and awareness on core decisions made as this could harness their practice, contribution and suggestions noted.
- By successfully pursuing stakeholder analysis, it is important to maintain stakeholders relations which promote Eco2Solar organisation image and increase their market share.
(Solution) 5HR03 AC1.1) Explain the principles of reward and its importance to organisational culture and performance management.
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(Solution) CIPS Assessment 3 PSE Sourcing Essentials
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- In summary, sourcing approaches has been evaluated in this assessment. This is through the focus of ADNOC organisation spend category.
- The selected spend category is IT for their advancement of remote and flexible working post-COVID-19 pandemic. Also, by comparing this with other different spend categories, the sourcing approaches evaluated included sole, multiple, single and dual sourcing.
- Through the application of different CIPS tools and techniques Kraljic analysis, Stakeholders analysis, SWOT and PESTLE analysis, a successful evaluation has been put into active process. This is with the best practice in ADNOC being identified and prioritised.
- Further, for the successful sourcing of ADNOC IT system, a successful suppliers appraisal process has been pursued.
- This has been done through the application of Cater’s 10C’s Model. As part of this analysis, the best supplier has been noted and involved.
Task 1 – Initial Self Assessment and Plan (7CO03)(23)
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(Solution) CIPD 7C004 Task 2.2 Justifying Research Methods
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