Commercial case study Essay Example | Topics and Well Written Essays - 1500 words

Commercial case study - Essay ExampleThe client in these contracts has no long marge liabilities to the independent compute manager who can be dispensed with if he/she fails to meet the terms of the contract. Moreover, the independent draw manager can be even off using a variety of payment mechanisms, the details of which have been presented in the report.Dobson (2004) and Frame (2002) believe that one of the most basic rules of project vigilance is to focus on the triple constraints which are Scope, Time, and Cost. Any relaxation in any of these results in a snowball effect on the scope, late and over-budget project delivery, resulting in unsuccessful categorization of the project.An independent project manager gets to have an impartial view of the situation without any preconceived notions and biased relationships (Walker, 2002, p. 10). Moreover, it is difficult to crook an independent project manager through the existing negotiation power that may rest with the other parties involved.An independent project manager provides a overcritical analysis of the scope of the project without any conflicts of interest. Scope setting by the owner of the project often results in over-commitment whereas if done by the contractors often results in under-commitment. An independent view on the other hand provides a more balanced assessment of the situation.According to Ibbs and Kwak (2000), and Peter Morris (1999) procurement is an important component of project management. An independent project manager is largely unaffected by the balance of power in existing vendor relationships. Moreover, he can make immaterial decisions for the good of the project without the burden of existing relationships hanging over him. An independent project manager brings in a fresh perspective, a broad rock of vendor options and experience of dealing with them, and best practices from the industry regarding contractual relationships. He will also be