PROJECT-05 · Undergraduate · ENGLISH · PLANNED
Start with a delivery problem, build the project artifact, simulate a change and defend the decision.
Study time is an initial activity estimate, excluding extra reading, revision and extended laboratory or project work. Videos and question bodies have not been produced by adding this outline.
Complete these courses or demonstrate equivalent knowledge. These are recommended prerequisites, not enforced enrolment locks.
YouTube playlist: ARK Project Management | Project Budgets, Procurement and Contracts
Playlist title reserved in the plan; no YouTube playlist or upload has been created yet.
Sign in to save this learning pathPractical outcome: Build a time-phased USD cost baseline for an illustrative project.
Explain direct costs using a visual and one worked real-world example. Context: Build a time-phased USD cost baseline for an illustrative project. End with a prediction or check-for-understanding.
Explain indirect costs using a visual and one worked real-world example. Context: Build a time-phased USD cost baseline for an illustrative project. End with a prediction or check-for-understanding.
Explain cost estimation using a visual and one worked real-world example. Context: Build a time-phased USD cost baseline for an illustrative project. End with a prediction or check-for-understanding.
Explain contingency reserves using a visual and one worked real-world example. Context: Build a time-phased USD cost baseline for an illustrative project. End with a prediction or check-for-understanding.
Use the first concepts from this section. Build a time-phased USD cost baseline for an illustrative project. Produce a labelled diagram, trace or calculation; explain each step and check one changed input.
3–6 questions on the preceding first-half concepts only: recall, visual interpretation, application and one plausible misconception. Explain each answer after submission.
Explain management reserves using a visual and one worked real-world example. Context: Build a time-phased USD cost baseline for an illustrative project. End with a prediction or check-for-understanding.
Explain cost baselines using a visual and one worked real-world example. Context: Build a time-phased USD cost baseline for an illustrative project. End with a prediction or check-for-understanding.
Explain funding requirements using a visual and one worked real-world example. Context: Build a time-phased USD cost baseline for an illustrative project. End with a prediction or check-for-understanding.
Explain cash-flow forecasts using a visual and one worked real-world example. Context: Build a time-phased USD cost baseline for an illustrative project. End with a prediction or check-for-understanding.
Build a time-phased USD cost baseline for an illustrative project. Work without the example, compare two cases, record assumptions and limitations, then self-review correctness, reasoning and clarity.
6–12 questions covering Direct costs, Indirect costs, Cost estimation and the remaining section concepts, with cumulative retrieval from earlier sections. Include a new transfer problem; 70% unlocks progression.
Practical outcome: Prepare a supplier comparison using fictional bids and requirements.
Explain make-or-buy analysis using a visual and one worked real-world example. Context: Prepare a supplier comparison using fictional bids and requirements. End with a prediction or check-for-understanding.
Explain procurement specifications using a visual and one worked real-world example. Context: Prepare a supplier comparison using fictional bids and requirements. End with a prediction or check-for-understanding.
Explain supplier research using a visual and one worked real-world example. Context: Prepare a supplier comparison using fictional bids and requirements. End with a prediction or check-for-understanding.
Explain requests for proposals using a visual and one worked real-world example. Context: Prepare a supplier comparison using fictional bids and requirements. End with a prediction or check-for-understanding.
Use the first concepts from this section. Prepare a supplier comparison using fictional bids and requirements. Produce a labelled diagram, trace or calculation; explain each step and check one changed input.
3–6 questions on the preceding first-half concepts only: recall, visual interpretation, application and one plausible misconception. Explain each answer after submission.
Explain bid evaluation using a visual and one worked real-world example. Context: Prepare a supplier comparison using fictional bids and requirements. End with a prediction or check-for-understanding.
Explain total ownership cost using a visual and one worked real-world example. Context: Prepare a supplier comparison using fictional bids and requirements. End with a prediction or check-for-understanding.
Explain supplier due diligence using a visual and one worked real-world example. Context: Prepare a supplier comparison using fictional bids and requirements. End with a prediction or check-for-understanding.
Explain procurement records using a visual and one worked real-world example. Context: Prepare a supplier comparison using fictional bids and requirements. End with a prediction or check-for-understanding.
Prepare a supplier comparison using fictional bids and requirements. Work without the example, compare two cases, record assumptions and limitations, then self-review correctness, reasoning and clarity.
6–12 questions covering Make-or-buy analysis, Procurement specifications, Supplier research and the remaining section concepts, with cumulative retrieval from earlier sections. Include a new transfer problem; 70% unlocks progression.
Practical outcome: Compare hypothetical contract structures without giving legal advice.
Explain fixed-price contracts using a visual and one worked real-world example. Context: Compare hypothetical contract structures without giving legal advice. End with a prediction or check-for-understanding.
Explain time-and-materials contracts using a visual and one worked real-world example. Context: Compare hypothetical contract structures without giving legal advice. End with a prediction or check-for-understanding.
Explain cost-reimbursable contracts using a visual and one worked real-world example. Context: Compare hypothetical contract structures without giving legal advice. End with a prediction or check-for-understanding.
Explain incentives using a visual and one worked real-world example. Context: Compare hypothetical contract structures without giving legal advice. End with a prediction or check-for-understanding.
Use the first concepts from this section. Compare hypothetical contract structures without giving legal advice. Produce a labelled diagram, trace or calculation; explain each step and check one changed input.
3–6 questions on the preceding first-half concepts only: recall, visual interpretation, application and one plausible misconception. Explain each answer after submission.
Explain acceptance and payment using a visual and one worked real-world example. Context: Compare hypothetical contract structures without giving legal advice. End with a prediction or check-for-understanding.
Explain change orders using a visual and one worked real-world example. Context: Compare hypothetical contract structures without giving legal advice. End with a prediction or check-for-understanding.
Explain claims documentation using a visual and one worked real-world example. Context: Compare hypothetical contract structures without giving legal advice. End with a prediction or check-for-understanding.
Explain contract closure using a visual and one worked real-world example. Context: Compare hypothetical contract structures without giving legal advice. End with a prediction or check-for-understanding.
Compare hypothetical contract structures without giving legal advice. Work without the example, compare two cases, record assumptions and limitations, then self-review correctness, reasoning and clarity.
6–12 questions covering Fixed-price contracts, Time-and-materials contracts, Cost-reimbursable contracts and the remaining section concepts, with cumulative retrieval from earlier sections. Include a new transfer problem; 70% unlocks progression.
Combine all three sections: Compare hypothetical contract structures without giving legal advice. Submit an original worked artifact, evidence or tests, assumptions and a reflection. Rubric: correctness, method, practical usefulness, reproducibility and communication. Self-reviewed, not certified.
6–12 balanced questions sampling every section of Project Budgets, Procurement and Contracts, including interpretation, calculation or reasoning, a misconception and a new application. Passing is 70%; review errors before retrying.
Project charters, schedules, risk registers, delivery simulations and benefits reviews. Guided work leads to an independent attempt, with a diagram, explanation, trace, calculation or tested artifact. Question bodies are generated when opened in your private learning path. Programming submissions are stored as text; the platform does not execute submitted code.
Use original or appropriately licensed datasets. Practical science activities use models or supplied data unless a qualified supervisor has reviewed a physical experiment.
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