Development Of Business Management Aptitude

In this paper I will discuss the various aspects of a Federal Contract Specialist position and what makes it different from many other government jobs. Some people think contracting is just shopping for a living, however, it requires great skill and attention to detail. Contract Specialists must be able to communicate effectively with their customers, vendors and other contracting personnel and they must be able to accurately interpret regulations and apply them appropriately. This position is a little bit customer service representative, a little bit personal shopper and a whole lot of legal assistant.

A basic definition for the procurement is “the way the building is realised” and “involves assembling and organising the skills and services of a team of construction professionals”. (the Construction Round Table, 1995). More precisely, the construction industry describes procurement as “a system that establishes the roles and relationships which make up a project organisation”; hence the overall organisation and communication structure for the management, administration and control of a project is established by the procurement system. (D.C.H Coles, 2010)

The United States government is the largest single purchaser of goods and services in the world. Even during times of economic hardship, the US continues to dump billions into the private sector. The federal procurement spending rate of growth has surpassed the rate of U.S. inflation every year, since 2000. With annual federal procurement budgets of more than $400 billion, it is no surprise that the competition for government contracts has increased tremendously. Consequently, more and more companies are trying to get a piece of the action. When these companies adhere to all of the required regulations and statutes, they expect their proposals to be evaluated and the contract awarded in

*ensure that machinery is safe to use, and that safe working practices are set up and followed

Today, light manufacturing remains the city’s economic base. These companies manufacture everything from home furnishings and household appliances to building materials and farm implements. The city’s mission is to protect and improve the quality of life for the community by addressing concerns, opportunities, service, safety, and providing a strong infrastructure while maintaining a viable economic base. South El Monte offers all business development services including an economic development team, redevelopment projects and a one-stop service bringing in state and federal agencies to make it easy for businesses to locate in the city. These are all under South El Monte’s “public and private partnerships” vision. The city also has provides support to business in the area of workforce development. In just five decades, the city of South El Monte has matured into a viable commercial and industrial base, with over 2,400 businesses within 3.25 square miles. To meet its current needs and in search of other improvement opportunities, the city is now focusing on its growth potential in retail, commercial and residential development, making the community a better place to live and

Note: Final Sign Off can only be done when the student has completed both theory and practical components of the unit. (Please attach evidence of theory and practical at the back of the coversheet)

Clough, Richard H, Glenn A. Sears, S K. Sears, Robert O. Segner, and Jerald L. Rounds. Construction Contracting: A Practical Guide to Company Management. , 2015. Print.

The Consulting Service Company will lean on its relationships that have been built in the project management industry to take full advantage of an opportunity of a lifetime. We are looking to break into an industry that is not accustomed to utilizing project management to manage their office activities. Law firms are a new industry in which the project management professionals are

industry is large enough for many sellers. CMI’s foray into this industry is new, however; in order to develop clientele, CMI should cultivate several segments (namely, the large engineering contractors, consulting engineers, and independent contractors), in addition to a media blitz

The following is my example of the intellectual skill of Comprehension, which includes the combined skills of Translation, Interpretation, and Extrapolation. I have read the following communication on “How Are Decisions Actually Made in Organizations?” Now I shall use the skill of Comprehension to obtain the meaning of the case study titled “Split

Procurement intends to explore supply market opportunities and to implement resourcing strategies that deliver the best possible supply outcome to the organization, its stakeholders and clients (Kidd, 2005). Therefore, construction procurement exists to purchase a construction project as requirement of firms or organizational entities to achieve its goals. However, the choice to use external resources is the part of firms’ decision-making

Choosing construction management as a procurement strategy means the client is responsible for leading the

When it comes to developing strong business acumen, you need to focus on four distinct elements. These are:

As a first time manager my short term goal (next 2-3 years) is to establish myself in my current role and develop my management skills. Drucker (2005) discusses the importance of working to my strengths, having good self-awareness and an understanding how I perform. As part of my career goal I would like to complete the relevant tertiary education (MBA) to equip me with the tools to enable my success.

Business is loosely defined as buying and selling. However business is both an economic and social activity which is done to acquire wealth and serve the society through the provision of goods and services which the society needs.