Objective: To engage diverse students in assessing the risks involved in bidding projects in foreign countries. Each student team will be provided to consider and answer the essential question: “should you bid on this project?”.
Methodologies for Groups to Operate:
1) Each student will prepare its own report on the topic and submit it.
2) Each student will prepare a power point presentation (to include questions and answers) of their findings and conclusions.
Assignment Outcome:
1) Ability to gain insights into identifying risks involved in bidding international work.
2) Creativity is required on writing/answering is homework.
3) Be able to answer the essential question: “Should you bid on this project?” considering the following factors:
o Client
o Local Regulations (Safety, Labor, Environmental, etc.)
o Country Economics
o Political Environment
o Project Financing
o Social/Religious Characteristics
o Procurement (materials, supplier, subcontractors) Issues
o Competition
o Other factors that you feel are relevant
Submission: The paper must follow the following formatting:
1. 10-15 page report (12 pt. double spaced)
a. Provide an in depth analysis for each of the above factors and rate each using a stop light indicator (red, yellow, green) and provide your final decision (to bid or not to bid).
b. Provide a summary explaining the way(s) you answered .(<1 page)
c. Describe the challenges you faced while working on a multi-national project including the pros and cons and any lessons learned. (<=1 page)
2. Power Point presentation
a. Details on Power Point. The idea is for each student to present their findings and to critique.