Contract Contracts Or Lump -sum Contracts - 1224 Words

Contract is a major part in procurement management. Types of contract required for all the relevant elements related to the project: †¢ Fixed - price contracts or lump -sum contracts: Certain amount is agreed for the goods or service being sold. The buyer and the seller agree on a well defined to be delivered material for a specific price and time. The contract can include some incentives fee for meeting or exceeding the project objectives. While purchasing the high cost machinery items like loader, lifter etc for the production of the product of our venture a contract was done in a fixed- price with Jason Manufacture and Suppliers Company. He supplied the heavy machinery items in time and did provide better equipments within the contracted amount. The venture was happy so he as incentive fee and promised to give him more contracts in the mere future. †¢ Cost- Reimbursement Contracts: Payment is done to the seller for direct or indirect actual cost. This type of contract is done when the scope of the project is not clear. The risk is absorbed by the buyer as the final cost is uncertain. If problem arises during the execution of the project, the buyer has to spend more money than he had estimated. While ordering the machines like computers, wires, CCTV, stationary items, furniture s from the Lone distributers and suppliers, the exact amount and the exact quantity were not estimated. We did a contract. Certain quantities were ordered at first. Later we had to pay more moneyShow MoreRelatedCase Analysis : Lump Sum Contract3711 Words   |  15 PagesCPCCBC4003A - Assessment 3 - LA018068 Chris Brennan 377274831 Question 1 – Contract Types - †¢ Lump Sum Contract – A lump sum contract is when the principal (the customer or owner) agrees to pay a contractor a fixed amount for completing the work without requiring a cost breakdown. This price excludes any price variation due to rising or falling costs of labour and materials. †¢ Lump Sum Subject To Rise and Fall – A contract subject to rise and fall means that the principle (the customer or owner)Read MoreThe Complexity in Construction Projects1284 Words   |  5 PagesConstruction Projects are intrinsically complex in nature. It varies in different aspects such as size, nature, Contract Value etc. It involves different parties including the Client, Designer, Engineer, and the Contractor, whose interests vary from each other. Under these complex circumstances, the success of any project is dependent on the type of contract opted for the contract, along with several other factors such as the most appropriate design, askillful execution team, a good working relationshipRead MoreConstruction Contracts Essay1036 Words   |  5 PagesConstruction Contracts 1. Name and briefly describe each of the two basic types of competitively bid construction contracts. Which type would be most likely used for building the piers to support a large suspension bridge. Why? Two basic types of competitively bid construction contracts are lump-sum and the unit-price contract. The lump-sum contract is when the contractor agrees to complete all work for a pre-determined price including profit and the contract. The unit-price contract is when theRead MoreWhy Do We Use Different Types Of Contracts On Projects?1045 Words   |  5 Pages 2.1 CONTRACT ESTABLISHMENT Why do we use different types of contracts on projects? â€Æ' 2.2 LEARNING OBJECTIVES At the end of this section you will be able to: †¢ Describe the typical contract types †¢ Explain key elements that govern contract type selection †¢ Explain the key principles of agreement between Reliance and the contractor â€Æ' 2.3 CONTRACTS TYPES †¢ Lump Sum – Contractor is required to provide upfront for all risks and costs for performing to contract defined requirements;Read MoreA Large Investment Projects1090 Words   |  5 Pagesbenefits Project procurement Management Project procurement involves managing contracting activities – from defining the end product, contract and market analysis, through the tendering process, up to the formulation of contracts, specification of performance standards/ timelines etc., and the management and administration of the product/service after the contract has been awarded. Project procurement management concludes when the contractual aspects of the project are finalized at the end of theRead MoreConstruction Management1118 Words   |  5 PagesConstruction contracts. Author: PaweÅ‚ Kotas, Polska Construction as a service activity having many dimensions. Starting from ideas, thru find funds, investor, design construction, find contractor, phase of construction, meet the requirements which investment needs to be in use and complete facility. All these aspects are associated with large amounts of documents, permits. In this essay will be described various types of contracts between the investor and the contractor. Contract is an agreementRead MoreThe Textbook References Purchasing And Outsourcing As Types Of Procurement1313 Words   |  6 Pagesrequired to be created or bought from someone outside the project team or organization. In order to make this decision, make-or-buy analysis is done by the project team that helps them to decide whether to perform activities within the team or to contract with a seller. Most of the organizations don’t have enough qualified resources for performing all the activities of a project. Therefore during make-buy-analysis project team objectively look at the skills that are required to make a product andRead MoreThe Oil And Gas Industry1662 Words   |  7 Pagesdelays and the claims in the project, the client’s uncooperative interference, and lengthy procedures in the project. Establishing the contract terms through reciprocal compromise and concession can be an effective strategy (Jergeas 2008). However, it is hard to achieve reality because one risk can be more powerful compared to the other, especially for the contracts that involve small specialized and big oil contractors. In other words, the formulation of the strategies of the procurement processRead MoreDescription Of The Construction Bidding Process1213 Words   |  5 Pagesplan out availability of materials and labor to satisfy the owner’s desired construction schedule. Many contractors and subcontractors have their own bidding strategy with the purpose of producing the lowest bid that will ultimately win them the contract. A good bidding strategy includes careful review of bid documents and a job site walk through. Once the bid package is reviewed and the contractor has a general understanding of the project they should take up the opportunity to visit the locationRead MoreTypes Of Contract Method For Construction Management1622 Words   |  7 Pages2.3 Contracts There are several types of contract method and these methods generally fall under three categories: Fix price (FP) or lump sum (LS), guaranteed maximum price (GMP) and reimbursable contracts. These methods can be applied to any contracting for construction management. Lump sum contact, also called fixed price is when an owner engages an entity to perform a fixed scope of work for an agreed lump sum payment (Cmaa, 2012). Guaranteed Maximum Price (GMP) is a contractual arrangement between

Principles of Personal Development in Adult Social Care...

What is required for good practice in adult social care Standards that influence the way adult social care job roles are carried out. Codes of Practice set out the criteria against which providers are assessed by. They also describe the standards of conduct and practice with which workers must carry out their activities and ensure that what they do is competent and consistent with the values of their employer. These standards are how registrants’ ‘ï ¬ tness to practice’ is determined. For a care worker to work in a certain profession, they have to register with their particular Professional Council and then work to the Codes of Practice which they deem ï ¬ t. Not following their Code of Practice could result in them being taken of the†¦show more content†¦Find ways to reflect your self in your activity. Reflection, which is learning through experience, is not a new concept. As humans, we naturally reflect on our surroundings and experiences. It is a learning tool that will help us improve our skill and de velop our knowledge and practice. Also it is important to find your strengths and weaknesses so that you can develop and improve on them, so you can make your weakness your strengths. Reflecting on your self is a complex activity that requires the individual to develop a set of skills. When you reflect you stand back and think of a situation or problem, gain a new perspective of something, make sense of our experiences and construct meaning and knowledge that directs actions in practice. Use evidence to help decide on decisions. Ways to ensure that personal attitudes or beliefs do not obstruct the quality of work. The best way to ensure that personal attitudes or beliefs don’t obstruct the quality of work is to be dedicated to excellence. Personal attitudes can be changed through education. That is an important way. It helps to develop a good work ethic. How learning activities can develop knowledge, skills and understanding. How a learning activity has improved own knowledge, skills and understanding. The more you think and plan, the better you can do. Think things all the way through to a successful conclusion. Improving improved own knowledge, skills and understanding by reflecting on aShow MoreRelatedPrinciples of Personal Development in Adult Social Care Settings1217 Words   |  5 PagesHealth and Social Care Assignment UNIT 2 - PRINCIPLES OF PERSONAL DEVELOPMENT IN ADULT SOCIAL CARE SETTINGS ASSIGNMENT OVERVIEW In this assignment, you will look at the importance of reflective practice in adult social care. You will explore how reflective practice can improve your development and practice and contribute to the quality of service provision You will also look at the process of planning development, and the importance of feedback and reflect on how your values, belief systems mayRead MorePrinciples of personal development in adult social care settings1768 Words   |  8 Pageswhat you can learn or change about your actions to improve them and better your personal and professional development. Reflective practice is looking at it from different perspectives and seeing if you could make any positive changes. Reflective practice can increase confidence and encourage you to become a more proactive professional. Reflective practice in the social care setting should help to improve the quality of care you g ive. Reflective practice is not always about looking for the negatives inRead MoreAssignment 302 Principles Of Personal Development In Adult Social Care Settings1374 Words   |  6 Pagesï » ¿Assignment 302 Principles of personal development in adult social care settings Task A Guidance You are going to be a mentor for a new social care worker as part of their induction process. Part of your role is to help them prepare for the review after their probation period. Ai Create a guide for the new social care worker about how to reflect on their practice. The guide must include the headings listed with an explanation of each. a) What is reflective practice? b) Why is reflective practiceRead More32 Principles of personal development in adult social care settings1856 Words   |  8 Pagesï » ¿ PRINCIPLES OF PERSONAL DEVELOPMENT IN ADULT SOCIAL CARE 1. Understand how to reflect on practice in adult social care 1.1 Reflective practice is the ability to constantly monitor ones own performance in a given role and make adjustments where necessary. For me as carer, reflective practice is particularly important because no two cases will ever be the same and it is vitally important to remain reactive and reflective at all times. Reflective practice has been demonstrated to haveRead MoreUnit 2 –Principles of Personal Development in Adult Social Care Settings.1473 Words   |  6 PagesPREPARING TO WORK IN ADULT SOCIAL CARE UNIT 2 –Principles of personal development in adult social care settings. OUTCOME 1 Understand what is required for good practice in adult social care roles. 1.1 Identify standards that influence the way adult social care job roles are carried out. Below is a list of some of the legislations that are relevant to adult social care. These make up ‘standards’ to follow for good practice. * Care Standards Act 2000 * Domiciliary Care RegulationsRead MoreUnit 302 - Principles of personal development in adult social care settings944 Words   |  4 Pagesï » ¿L3 HSC Technical Certificate unit worksheet Unit 302 - Principles of personal development in adult social care settings The numbers in the bracket after each question relate to the assessment criteria in the standards 1. Explain what reflective practice is (1.1.1) It means that you stop and think about your practice; the process of reflecting on something you have done or a task you have undertaken. You may look at them from different points of view, you think about what went wellRead MoreHealth and Social Care Essay830 Words   |  4 PagesUnit 2 Principles of Personal Development in Adult Social Care settings. Name of Candidate: Learning outcomes | Assessment criteria 1.1 | | Question: Identify standards that influence the way adult social care job roles are carried out.National Minimum StandardsNational Occupational StandardsGood codes of practice and adhering to these codes of practice are a requirement.The policies of the organisation, How the structures work and the people who manage or supervise you. | 1. understandRead MoreUnit 11: Principles of Personal Development in Adult Social Care1105 Words   |  5 PagesUNIT 11: Principles of personal development in adult social care Learning outcome 1 – Understand how to reflect on practice in adult social care 1.1 To practice reflectively involves being able to think about an event after it happened, critically evaluate your actions and make adjustments if necessary. In reality the people you work with are all different. Some find it harder than others. This is largely connected to the need to be seen to be doing the right thing. Reflective practice isRead MoreProgram Planning in Early Childhood Education Essay1553 Words   |  7 PagesProgramme planning is a vital sector in diverse early childhood education (ECE) service to provide quality education and care for young children. There are many ways we could plan things. The planning will link to the document of desirable of objectives (DOPs), Te Whariki and the licensing criteria which provide by the government. Planning in ECE cycle has no beginning and no end; it is a continued cycle day after day, week after week and year after year. Play is basic element to learn and developRead MoreMs Lou1635 Words   |  7 PagesUnit Title: Unit sector reference: Level: Credit value: Guided learning hours: Unit expiry date: Unit accreditation number: Principles of safeguarding and protection in health and social care HSC 024 2 3 26 31/05/2015 A/601/8574 Unit purpose and aim This unit is aimed at those working in a wide range of settings. This unit introduces the important area of safeguarding individuals from abuse. It identifies different types of abuse and the signs and symptoms that might indicate abuse is occurring

Insurance Accounting and Risk Samples †MyAssignmenthelp.com

Questions: 1.In your opining and understanding related with Insurance Accounting where risk plays a very important factor. 2.What are the five steps when carrying out to work place Risk Assessment? How do you assess the risk assessment related with the health and safety point of view? Answers: 1.In Insurance Accounting risks plays an integral factor within workplace that needs be identified. Risk assessment will allow protection of workers and the business by complying with necessary laws. The five steps in Risk Assessment process includes the following; Identifying hazard: A prominent distinction needs to be made between a risk and a hazard. As a hazard is said to something that might impact on a potential Whereas risk is recognized to be the likelihood causing the harm. Deciding upon the person who can be harmed and ways in which he can be harmed: Upon identification of the hazard, it becomes impertinent to recognize persons that might be harmed. Evaluating risks and then deciding upon control measures: This step includes ways in protecting people from potential harm. It is done by understanding if the hazard can get removed or risks of injury can be controlled. Recording of findings and then implementing them: It is impertinent to record findings as a form of legal requirement. Recording reflects appropriate identification of hazards, deciding upon the person harmed and ways to tackle the risks. Reviewing assessment and then updating them accordingly: Risk assessments needs to be reviewed periodically and then updated as well. As workplaces keep changing over a period of time, a continuous process has to be initiated. 2. Employers have duty to understand health and safety related risks that workers faces. Employers needs to systematically evaluate risks from point of view of mental, chemical and physical hazards. A physical hazard relates to awkward postures, lifting, slips and trips, dust, machinery, noise, equipment, computer and so on. Mental hazards relates to long work hours, excess workload, bullying, working with high demand clients. These hazards are often identified to be psychosocial hazards that affect mental health. Chemical hazards can arise from cleaning fluids, aerosols, asbestos and so on. Biological hazards can arise from hepatitis, tuberculosis or any other infections of other workers.

Physicalism v Dualism Essay Example

Physicalism v Dualism Essay Physicalism v Dualism-the Mind/Body Problem In philosophy there are a number of different views when It comes to the mind/ body problem. The mild/body problem Is the problem of explaining how the mind relates to the body. One of these views is called dualism. Dualist utilize Leibniz law to support their argument that the mind and body are two different things. On the other hand there is also another group of philosophers called physicality. Physicality claim that everything including psychological aspects are tangible and they use a concept called modes of presentation to support their beliefs against dualism. In this paper I will be further explaining Leibniz law and how it is used by dualism. I will also go into the modes of presentation concept and how physicality use it as a response to dualism. Leibniz law, also known as the Indiscernible of Identicalness, states that If A and B are one and the same thing, then A must have all the same properties of B and vice versa. For example If Spenserian can shoot webs out of his wrists, and Peter Parker Is Spenserian, Then Peter Parker can also shoot webs out of his wrists. We will write a custom essay sample on Physicalism v Dualism specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Physicalism v Dualism specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Physicalism v Dualism specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Here A is Spenserian and B is Peter Parker. Leibniz law would also imply that if A and B have efferent properties, then A and B cannot be one and the same thing. For example, let’s say that I look out the window and I see Spenserian swinging by on his spider web. I wonder who Spenserian is. Now as Spenserian is swinging by, I see my buddy Harry Osborn standing besides me. Using Leibniz law, I reason like this: Spenserian is swinging by on a spider web. Osborn is not swinging by on a spider web; he is standing right besides me. In this example, Spenserian Is A, and Osborn is B. Spenserian has a property that Osborn does not, so using the law, we can confidently say that Osborn Is not Spenserian and Spenserian Is not Osborn. When It comes to supporting their beliefs, dualist specifically employ the second type of example, that A Is not one and the same with B. Dualist’s believe that the basic components of the universe consist of fundamentally two different types of things. There are purely physical objects and properties, and there are also purely mental or non-physical objects and properties. The mental or non-physical objects being the mind aspects (e. . Beliefs, desires, pain), and the physical objects being the body aspects (e. G. Limbs, brains, organs). No non-physical/mental objects have shape, color, mass, etc†¦ UT all physical objects do. You cannot say that you’re beliefs are pink or that your senses are big, but you can say that your brain Is pink and your arm Is big. We also know that non-physical/ mental aspects can have Intensities, and that physical objects cannot. For example you cannot say that you’re brain or Its parts are Intense, but you can say that you’re headache is intense. Giving physical objects aspects that only non-physical things nylon or vile versa Is an example AT a category maltase. Dualist utilize ten examples of category mistakes and Leibniz law as arguments for dualism. The way dualist use Leibniz law is by saying the following: F is true for the non- physical/mental thing; F is not true of the Physical thing; therefore the non physical/ mental thing is not the same as the physical. Where the non-physical/mental is A, the physical is B, and F is something that if attributed to A is true, but if attributed to B would be a category mistake and is therefore false. For example: Your headache is painful; your brain and its parts are not painful; therefore your headache is not your brain or its parts. This can be used the other way, where A is the physical and B is he non-physical/mental. For instance you can say: Your brain and its parts have mass and color; your psychology and its aspects have no mass or color; therefore your psychology is not your brain or its parts. There are numerous other examples like these that dualist use to show how physical properties are not the same as non- physical properties and how they are two completely different things. These are also the types of arguments that physicality attack and use to undermine the dualist belief. Physicality, as I mentioned in the beginning, claim that everything in the universe s physical and that all of the psychological or mental aspects are also physical. This argument is of course completely opposite of what dualism claims and is in fact a response to dualism. Physicality use something called the modes of presentation in an attempt to show how dualist are thinking of things in the wrong way. They say that the mind is identical to the brain Just like Spenserian is identical to Peter Parker. They are presented in different ways but they are essentially the same person and can do the same things. The modes of presentation concept and how physicality use t as a counterexample to dualism and can be explained with the following example: To Mary Jane, Spenserian swings around New York using his super powers to fight crime and attempt to keep the Justice in the city; Also to M], Peter Parker does not swing around New York using his super powers to fight crime and attempt to keep the Justice; therefore, to M], Spenserian is not Peter Parker and Peter Parker is not Spenserian. But, we know that in fact Peter Parker and Spenserian are one and the same, MS, through her ignorance fails to realize this. In this case MS is committing something known as intentional fallacy because she fails to recognize that Spenserian and Peter Parker are the same person, or have the same extension. Intension is the way that a word or name is linked to an extension. Extension is everything to which a name or a term can be applied to. So the extension of Spenserian can be applied to a man that has super powers that allow him to shoot webs out of his wrists and climb walls, Just to name a few. So you can say that an extension of Spenserian is Peter Parker. That’s why MS would be committing intentional fallacy, because she doesn’t believe that the intension attached to Spenserian and Peter Parker has the same extension. The way physicality use this against dualism is by saying that in their arguments, dualist are in fact committing the same intentional fallacy that MS is committing Walt superman Ana Peter Parker. Encyclicals calm Tanat your Drain NAS a Pensacola mode of presentation as well as a psychological/mental mode of presentation. They are two different modes of presentation, but like Spenserian and Peter Parker, they are one and the same thing. We are only able to see the physical mode of presentation from the way we look at the brain, but we are unable to see the psychological/mental mode because it is beyond us. For example, physicality would argue that your belief that you are reading this paper is identical to a part of your brain; they are Just unable to pinpoint which part that is exactly, but of course they say it will eventually be possible to do so. They also say that if you look at your beliefs in the psychological/mental mode of presentation, it doesn’t have color, but in physical mode it does. We have to think of beliefs and all the psychological aspects in a physical mode of presentation. Thinking this way would allude to the conclusion that whatever is true of the brain is also true of the mind.