what is procurement startegy in construction management

 


Choosing the right procurement strategy is vital for completing construction projects. Every project, whether in the public or private sector, is different. What they all have in common is the desire to deliver outstanding results

What is a procurement strategy?

The procurement process is how we go about acquiring the goods and services we need.

A procurement strategy details how a business should deal with its procurement process. This provides an overview of all of the steps that are involved in procurement and can be used as a roadmap for the way a business conducts its procurement activity.

A procurement strategy framework

  •           suppliers,
  •          products or services,
  •          methods and procedures that are going to be used during exchanges with suppliers.

Goals and Principles:

The goals describe what will actually happen, and objectives describe what will be achieved as a result. The guiding principles reflect the core values on which the strategy is based, and which will inform all the actions which are planned as a result.

  •            be transparent;
  •            be driven by desired results;
  •            create the most economically advantageous balance of quality and cost;
  •            reduce the burden on administrative and monitoring resources;
  •            lead to simplified or routine transactions
  •       encourage open and fair competition; and
  •           follow all appropriate regulations and legislation.


Construction Management solution

Construction management is a highly professional system designed to facilitate planning, coordination and control of a project from inception to completion.

Construction project management handles the planning, coordination, and execution of a construction project, whether in the agricultural, residential, commercial, institutional, industrial, civil, or environmental industries.

In construction management, by definition procurement encompasses securing all of the goods and services needed to bring the construction project to completion in a timely and satisfying manner. Typically, the management of a specific deliverable project is laid out in several steps:

  •          The official procurement management plan is created here (which is part of the overall construction management plan.)
  •          Requests for proposals (RFP) and bid evaluation. The construction manager’s experience with local designers, engineers, contractors and suppliers is invaluable.
  •          Awarding and signing contracts (project contract management). When service providers, contractors and suppliers have been chosen or procured, construction procurement schedules spell out how and when the various resources are to be managed with appropriate milestones clearly defined. Construction management software greatly facilitates this and the following step.
  •          Administration and monitoring of the building process, including management of contract compliance, change orders, submittals, on-site quality evaluations, tracking performance, etc.
  •          Closing out the contract and debriefing.
TConsultancy Best Service in Construction Project Management in Dubai. We deliver successful  developments and reliable construction management solutions to residential buildings and villas, infrastructure, luxury hotels, art galleries, malls etc.

We deliver successful developments and reliable construction management solutions to residential buildings and villas, infrastructure, luxury hotels, art galleries, malls, parks, commercial buildings, high rise towers, development projects for the private sector and clients, government sector, consultants and contractors. Our motto is to provide bespoke solutions in a professional manner within the stipulated time. for more information and queries you can contact us : +971 6 557 3924











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