SYNOPSIS

All constructed buildings and installations begin with an intention to do so. These thoughts are subsequently crystallized into a Client / Consultant produced tender document. This document is then tagged as the Intention to Bid (ITB) document by the bidder and / or contractor. The interested bidder then puts together a proposal based on the scope of works within the ITB document for the project. Therefore, in the process, the bidder has to make an INFORMED CHOICE / DECISION based on the RISK MANAGEMENT of carrying out the said project.

In most large companies, tenders are acquired by the Business Development unit for consideration. The company management then strategically addresses the tender for the highest success rate. The Contract Services Dept. in association with the Procurement and Sub-Contractor’s department facilitate the processes to meet the requi9rements of the ITB.
Most ITBs have multitude elements of uncertainty to varying degrees. The fact that all ITBs are based on future activities gives rise to one form of risk or another. However, these risk probabilities must be identified and mitigated to acceptable levels. Therefore, one of the primary functions of the tendering process includes the conversion of uncertainty to risks.


BIODATA OF SPEAKER

A specialist in Electrical and Organizational Information automation systems, Vignaeswaran has established his technical expertise in the design and implementation aspects of Distributed Control Systems (DCS), Supervisory Control and Data Acquisition Systems (SCADA), Substation Control System (SCS) and has published international papers on them.

He has to date undertaken more than a 100 tenders within 4 years, as part of his employment. The tenders were in a wide area of industry sector and leveraged on his electrical, instrumentation and industrial control expertise. His interest in information systems and subsequently project management has led him to present an ‘out of the box’ project and information management paper to the Institution of Engineers, Australia as part of his Australian chartered certification.

He has a wide area of experience in the Oil & Gas, Building Services, Utility, and Mining electrical engineering. He has worked overseas in a USD 3 billion dollar Saudi Arabian King Saud University project. He has a high passion for cross-discipline applications, automation, advanced information systems and project management. With a formal education in Electrical Engineering from Monash University, Australia, 1989,  Vignaeswaran has gone on to obtain his Masters of Science in Business Information Systems / Information Technology from University of Keele in the UK. His MSc (BIS/IT) thesis in 2002 was on the development of a Web-based SCADA system.