SOE DRIVE PROGRAM SUBJECT CODE & NAME BK ID CREDITS AND MARKS Q.No SPRING 2016 MBADS (SEM 4/SEM 6) MBAFLEX/ MBA (SEM 4) PGDSCMN (SEM 2) SC0008 –PURCHASING AND CONTRACTING FOR PROJECTS B1663 4 CREDITS AND 60 MARKS Criteria Marks Total Marks 1 Briefly explain purchasing and Explain the terminologies used in purchasing of goods and services? (Unit - 1) A 4 marks Purchasing 6 marks Terminologies Briefly explain contractor managed risk contracts. (Unit - 4) 2 A 3 A Guaranteed maximum cost contract Fixed price contract Firm price contract Lump sum contract 10 (2.5 marks each) 10 10 Write short notes on specification and standards. (Unit-7) Specification Standards 5 marks 5 marks 10 4 Compare the benefits and drawbacks of open tendering and selective tendering.(Unit-9) 5 10 (2.5 marks each) Benefits and drawbacks Explain the issues in detailed appraisal of tenders? (Unit-11) 6 Listing of main appraisal groups Brief explanation of issues under each main appraisal group 1 mark 9 (3 marks each) 10 10 What is purchasing plan? Prepare a purchase plan checklist for materials or services. (Unit-15) 5 marks 10 Purchasing Plan 5 marks Check list *A-Answer Note –Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. ***********