General

Question 1

What is procurement?

Answer 1

The overall act of obtaining goods and services for a construction project.

Question 2

What are the main factors which typically govern procurement route selection?

Answer 2

• The key is to identify the clients objectives and key drivers in terms of time quality and cost. Other factors such as risk allocation should also be considered.
• It is unusual to satisfy all of these elements with one procurement route. Consideration must be given to the clients list of priorities to identify the most appropriate route.

Question 3

Which procurement options are you familiar with?

Answer 3

• Traditional
• Design and build
• Management contracting
• Construction management