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The subject exposes students to construction procurement in a broad sense, by articulating and examining the legal and functional links between multiple contracting parties in project delivery. Different procurement methods with their associated contract types are introduced, and the theories and principles governing their selection discussed. To this end, decision support system tools that can facilitate the selection process are introduced and practiced with case studies. Ethics in procurement, public procurement concerns and strategies, as well as international differences in the use of procurement methods, are also covered.
Intended learning outcomes
- To build an appreciation of the key issues in construction procurement;
- To provide a clear understanding of the structure, process and characteristics of different construction procurement methods;
- To provide the theories, principle and tools required in selecting the right procurement method (client’s perspective);
- To provide the theories, principles and tools in making go/no-go decision and addressing various requests regarding different construction procurement methods (contractor’s perspective).
At the completion of the subject students should have developed the following skills and capabilities:
- Ability to appreciate the importance and key issues of construction procurement;
- Ability to understand the complexity of construction procurement;
- Ability to appreciate the trends in the application of various construction procurement methods; and
- Ability to understand the varying perspectives of contracting parties in project delivery.
Last updated: 18 December 2020