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Individual Assignment - Procurement in YOUR Life Instructions Choose from one of the following projects: Business Conference .Congratulations: you've been chosen to arrange a 1-day

Individual Assignment - Procurement in YOUR Life

Instructions

  • Choose from one of the following projects:
    • Business Conference.Congratulations: you've been chosen to arrange a 1-day conference for your company's top distributors. Youhave a strict budget of $45,000 and will have to find a location for about 100 attendees, and you'll need a paid guest speaker, food throughout the day, and all the Audio Video equipment, rented furniture, promotion, Swag stuff, and follow-up afterwards.
    • House Addition: Congratulations: you're having a baby!You currently own and live in a small one-bedroom house. You have decided to construct an addition to your house before the baby arrives. The addition will consist of two bedrooms and a full bathroom (vanity/sink, toilet, tub/shower combination). You have a budget of $105,000.
    • Business Expansion: Congratulations: you started a flower shop business in 2019 and, despite COVID 19, you have been very successful! Your current shop is in London near Fanshawe College. You're planning to open a second shop near Western University. You require a minimum (280m2) and space for a large refrigeration unit. The maximum lease price you will consider is $25/ft2 per month.
  • Complete the separate Word template provided to illustrate your understanding of how to assess the need for procurement on a project and its challenges. Support your responses with content from the course.

Answer the following:

Project description including:

  • scope/requirements
  • a breakdown on how you're using all of the available budget including areas that are "no cost" because you are doing them yourself (the cost would be zero for these areas)
  • timeline/milestones
  • three-level work breakdown structure (WBS)
  • priorities
  • major risks

List 5 items for which you will NOT need procurement .Justify how/why you can do it yourself including Items and justification.

List 5 items which you WILL need to procure.Explain why you are not able to do it yourself. What do you need to consider for successful procurement of each of these items including item, explanation and considerations for success.

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