Methods of procurement in overseas training: finding a cost effective way to implement overseas training
This thesis is submitted in partial fulfillment of the requirements for the degree of Masters in Procurement and Supply Management, 2023.
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Brac University
2024
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| Online Zugang: | http://hdl.handle.net/10361/23734 |
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10361-237342024-10-22T05:55:57Z Methods of procurement in overseas training: finding a cost effective way to implement overseas training Mojumder, Abu Sayed Moniruzzaman, Md. Brac Institute of Governance and Development, Brac University Development project Overseas training OST Consultancy firm DSHE Human resource development Procurement policy Occupational training--Bangladesh Professional education--Bangladesh Sustainable procurement This thesis is submitted in partial fulfillment of the requirements for the degree of Masters in Procurement and Supply Management, 2023. Cataloged from PDF version of thesis. Includes bibliographical references (pages 33-34). Education and training are crucial for human resource development. Bangladesh Government has undertaken various initiatives to enhance secondary level education also investing significant funds for overseas training in this respect. This study purpose is to measures a suitable way to implement overseas training in a cost effective way and presents a cost benefit analysis to demonstrate the effectiveness of the suggested approach. Traditionally, projects are relied on consultancy firms to manage overseas training as guided by Development Project Profile (DPP), which proves costly, complex, time-consuming, and often having low training impact. The paper advocates an alternative approach, wherein the Project Director collaborates with an individual consultant or an experienced Project official will implement overseas training, utilizing existing Project logistics. This direct approach of training implementation promises simplicity, efficiency and greater impact at a lower cost. The way of cost effectiveness analysis is made based on three real-life projects data, comparing overseas training cost between consultancy firm-managed and Project Director-managed approaches. The latter one shows a cost advantage of up to 300% in some cases. The study recommends implementing overseas training directly by the Project Director with the help of an individual consultant or an experienced project official is comparatively cost effective way of overseas training implementation. Besides, determination of right training content, right person selection for right training with required minimum qualification, phase wise training implementation will increase the impact of overseas training. Abu Sayed Mojumder M. Procurement and Supply Management 2024-08-12T08:23:07Z 2024-08-12T08:23:07Z ©2023 2023-10 Thesis ID 23382039 http://hdl.handle.net/10361/23734 en Brac University theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 62 pages application/pdf Brac University |
| institution |
Brac University |
| collection |
Institutional Repository |
| language |
English |
| topic |
Development project Overseas training OST Consultancy firm DSHE Human resource development Procurement policy Occupational training--Bangladesh Professional education--Bangladesh Sustainable procurement |
| spellingShingle |
Development project Overseas training OST Consultancy firm DSHE Human resource development Procurement policy Occupational training--Bangladesh Professional education--Bangladesh Sustainable procurement Mojumder, Abu Sayed Methods of procurement in overseas training: finding a cost effective way to implement overseas training |
| description |
This thesis is submitted in partial fulfillment of the requirements for the degree of Masters in Procurement and Supply Management, 2023. |
| author2 |
Moniruzzaman, Md. |
| author_facet |
Moniruzzaman, Md. Mojumder, Abu Sayed |
| format |
Thesis |
| author |
Mojumder, Abu Sayed |
| author_sort |
Mojumder, Abu Sayed |
| title |
Methods of procurement in overseas training: finding a cost effective way to implement overseas training |
| title_short |
Methods of procurement in overseas training: finding a cost effective way to implement overseas training |
| title_full |
Methods of procurement in overseas training: finding a cost effective way to implement overseas training |
| title_fullStr |
Methods of procurement in overseas training: finding a cost effective way to implement overseas training |
| title_full_unstemmed |
Methods of procurement in overseas training: finding a cost effective way to implement overseas training |
| title_sort |
methods of procurement in overseas training: finding a cost effective way to implement overseas training |
| publisher |
Brac University |
| publishDate |
2024 |
| url |
http://hdl.handle.net/10361/23734 |
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AT mojumderabusayed methodsofprocurementinoverseastrainingfindingacosteffectivewaytoimplementoverseastraining |
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