Business Practices Omega Consolidated Industries ( Oci )

Organizations are constantly seeking ways to enhance its operations by developing its business practices on a global scale, which often requires building additional facilities to effectively serve its customers. Omega Consolidated Industries (OCI) is a worldwide corporation who has plans of constructing a new manufacturing facility in China. Faced with a construction completion timeframe of two years - from start to finish - the OCI president formed a well-rounded team to head the project. The newly formed project team was comprised of a Chief Financial Officer (CFO), Vice President of Engineering (VPE), Procurement Manager (PCM), and the Plant Manager (PLM) who will oversee the new facility. The team members from various departments, with various skillsets, would help define the project’s requirements, oversee the construction, and monitor the progress to ensure requirements were being addressed. Inclusive to the project team’s duties was the task of developing a reque st for proposal (RFP) to solicit proposals from a number of qualified contractors to build the manufacturing facility. This paper seeks to address OCI’s approach to implementing a plan to ensure the new manufacturing facility was constructed based on the organization’s requirements and specifications, within budget, and on schedule. The discussion will review the OCI project team’s approach to soliciting the support required to complete the project, the vendor selection process, and potential alternative