Graduate diploma - The Chartered Institute of Purchasing and Supply

2.4 Analyse client-contractor
relationships where the
requirement cannot be
clearly specified in
advance
• The need for senior level
involvement by the client,
contractor and other
participants
• Frequent and structured
interaction between client,
contract manager and
contractor project manager
and other relevant levels
• The provision of financial
and management
information appropriate to
each level of interaction in
a timely manner.
3.0 PRINCIPLES UNDERLYING
THE SELECTION OF
FUNDING METHODS AND
FINANCIAL MODELS FOR
MAJOR PROJECTS
(Weighting 25%)
3.1 Critically assess the
arguments and principles
underlying the selection of
conventional or privately
financed funding for major
projects
• PPP/PFI rules and guidance
• Types of projects eg IT,
building and civil
engineering
• Other quasi-public funding
sources eg grants, awards,
lottery funds
• Proposals for improving
guidance and procedures
for the selection of
conventional or private
finance, drawing upon best
practice and evidence from
completed projects.
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3.2 Critically evaluate the
most appropriate financial
models for major projects
• Estimating whole life costs
• Benefits and income
streams of completed
projects to determine
correctness of assumptions
• The accuracy of forecasts
and robustness of the data
on which they are based
• Non-quantifiable factors
which may have impacted
on the project.