Can negotiation be used in awarding contract for this project??? Looking at time to start the project as well as the tight completion schedule???

L UNIVERSITY UNILUS OF LUSAKA SCHOOL OF GRADUATE STUDIES MSc PROJECT MANAGEMENT GBEPM 530: PROCUREMENT AND BIDDING Assignment Date Due: 3rd March 2023 CASE STUDY P & B Energy Systems Limited (P & B), a wholly owned Zambian company proposes t o construct two solar photovoltaic power plants in Lusaka and Serenje Districts (one plant in each district) to address the power shortages being experienced as a result of low water levels at Kariba Dam and Kafue Gorge. The project is estimated to cost One hundred Million United States Dollars (US$40,000,000.00) and is projected to be com pleted in one year. P & B proposes to embark on the project in June 2023. You are the Project Manager for New Concepts Consultants who have been contracte d by the P & B to undertake the detailed design and construction supervision of the pr oject. 1. As the Project Managers, you have two options for the procurement of contract ors to construct the power plants, namely, Open Bidding and Negotiations. Whi ch method would you recommend to the P & B and why? Outline the procedure you would follow, for the recommended procurement method, to arrive at contr act award. [60 marks] 2. Identify five risks that could affect the implementation of the project and sugg est mitigation measures for each of the identified risk? [30 marks]