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MGMT28003 - Leading Innovation and Value Delivery in Procurement

General Information

Unit Synopsis

This unit will equip you with the skills and knowledge to excel in procurement roles across private and public sector environments. By delving into key components crucial for procurement innovation and value delivery, you will develop a deep understanding and skills of strategic planning, process integrity, agile strategies, technology, innovative practices, and value delivery within procurement processes, ensuring that goods, services, or solutions procured by organisations provide maximum value in terms of quality, cost-effectiveness, and alignment with organisational objectives. Upon completing this unit, you will emerge with the knowledge and skills needed to lead procurement initiatives in diverse organisational settings. Positioned as an invaluable asset in today’s competitive job market, you will drive innovation, navigate complex landscapes, and contribute to organisational success through ethical, innovative, and value-driven procurement practices.

Details

Level Postgraduate
Unit Level 8
Credit Points 12
Student Contribution Band SCA Band 4
Fraction of Full-Time Student Load 0.25
Pre-requisites or Co-requisites There are no pre-requisites for the unit.

Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).

Class Timetable View Unit Timetable
Residential School No Residential School

Unit Availabilities from Term 3 - 2024

Term 1 - 2025 Profile
Online
Term 2 - 2025 Profile
Online

Attendance Requirements

All on-campus students are expected to attend scheduled classes - in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).

Assessment Overview

Recommended Student Time Commitment

Each 12-credit Postgraduate unit at CQUniversity requires an overall time commitment of an average of 25 hours of study per week, making a total of 300 hours for the unit.

Assessment Tasks

Assessment Task Weighting
1. Case Study 40%
2. Practical Assessment 30%
3. Presentation 30%

This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%).

Consult the University's Grades and Results Policy for more details of interim results and final grades

Past Exams

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Feedback, Recommendations and Responses

Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.

Unit learning Outcomes

On successful completion of this unit, you will be able to:

  1. Apply agile, innovative, and value-driven strategies to adapt procurement practices to dynamic market conditions, emphasising value creation beyond cost-saving measures and integrating sustainability and social responsibility into sourcing decisions
  2. Evaluate strategies and technologies for value creation and innovation, employing critical thinking and problem-solving skills across various organisational contexts.
  3. Employ proficient communication techniques to engage stakeholders across hierarchies, conveying procurement strategies, negotiating terms, and fostering collaborative buyer-supplier relationships to advance organisational objectives
  4. Demonstrate leadership qualities in procurement endeavours, navigate intricate landscapes, foster technology and innovation, and uphold ethical standards.

Alignment of Assessment Tasks to Learning Outcomes
Assessment Tasks Learning Outcomes
1 2 3 4
1 - Case Study • •
2 - Practical Assessment •
3 - Presentation •
Alignment of Graduate Attributes to Learning Outcomes
• Professional Level
• Advanced Level
Graduate Attributes Learning Outcomes
1 2 3 4
1 - Knowledge •
2 - Communication •
3 - Cognitive, technical and creative skills •
4 - Research •
6 - Ethical and Professional Responsibility •
7 - Leadership • •
8 - Aboriginal and Torres Strait Islander Cultures •
Alignment of Assessment Tasks to Graduate Attributes
• Professional Level
• Advanced Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8