Purpose:This Brief sets out what is required to be done by each individual and should be read in conjunction with the instructions given through lectures and the unit of study guide.The SBM3302 individual assignment has three major deliverables:1) Project delivery system2) Financial contract type3) Procurement methodDeliverable details1) Project Delivery MethodRecommend the best project delivery method (this is given by the LECTURER) for the M4 widening project based on the criteria that YOU think is most crucial to this project. Be mindful that the types of delivery methods that need to be evaluated are Design-Bid-Build, Design-Build and CM@Risk. You must document all your assumptions and rationale for the selection of the project delivery system. All your suggested grading (the criteria, weights, and scores) should come with justification and explain why you gave such grade to each element of the selection matrix.2) Financial Contract TypeEvaluate and recommend the best financial contract type for the M4 widening project (from the list provided by the LECTURER) project based on the criteria that YOU think are crucial to this project. The types of contract that need to be evaluated are Lump sum contract, Guaranteed Maximum Price Contract and Cost Plus Fixed Fee Contract. All grading must be justified and explained.3) Procurement MethodEvaluate and recommend the best procurement method for the M4 widening project (from the list provided by the LECTURER) project based on the criteria that are crucial to this project. The types of procurement that need to be evaluated are Competitive, Negotiated and Best Value. All grading must be justified and explained
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