Contracts - Design and Management (IND610)

In the course the students will acquire fundamental and principal knowledge of the process of entering contract and the subsequent contract administration. The course analyses the life cycle of a procurement contract, from tender evaluation to project closure. After haven taken the course the students should have a fundamental knowledge of prequalification, the tendering process, and contract management.


Course description for study year 2024-2025. Please note that changes may occur.

Facts

Course code

IND610

Version

1

Credits (ECTS)

10

Semester tution start

Autumn

Number of semesters

1

Exam semester

Autumn

Language of instruction

Norwegian

Content

Evaluation criteria for tenders - organisation and execution of the tender evaluation - negotiations and design of contract - standard contracts - change orders - contract violation - allocation of risk and responsibility between the contracting parties - contract administration - guarantees.

Learning outcome

Knowledge

    • Acquire basic and principled insight into contract conclusion and contract administration. The course looks at the life cycle of a procurement contract from tender evaluation to project completion. After taking the course, students must, among other things, have basic insight into pre-qualification, tendering, evaluation, contract award and contract follow-up.

Skills

    • Knowledge of the implementation of complex procurement

General competence

    • Basic understanding of procurement and administration of contracts over a lifetime

Required prerequisite knowledge

None

Exam

Form of assessment Weight Duration Marks Aid
Written exam 1/1 4 Hours Letter grades None permitted

Digital exam (INSPERA)

Course teacher(s)

Course coordinator:

Petter Osmundsen

Head of Department:

Tore Markeset

Method of work

4 hours lectures per week. Lectures in Norwegian.

Overlapping courses

Course Reduction (SP)
Contracts - Design and Management (MIN120_1) 10

Open for

Industrial Economics - Master of Science Degree Programme Industrial Economics - Master of Science Degree Programme, Five Year

Course assessment

There must be an early dialogue between the course supervisor, the student union representative and the students. The purpose is feedback from the students for changes and adjustments in the course for the current semester.In addition, a digital subject evaluation must be carried out at least every three years. Its purpose is to gather the students experiences with the course.

Literature

The syllabus can be found in Leganto