Onstruction Economics / Procurement Methods

Construction Economics

Assignment One: Procurement Methods

The construction sector is often considered to show a number of limitations regarding efficiency and effectiveness of procurement methods utilised on various projects. Various conclusions have normally been drawn irrespective of project procurement method used and despite common assumptions that differences among approaches exist regarding these aspects. You are a consultant project manager who has been involved in various procurement approaches. You have been approached by Oldcross Borough Council, Department of Community Services through their Assistant Director of Community Services, to write a report, with examples from your own experience, which should include the following:
1) An explanation highlighting the basis of Design Build Finance and Operatefor procuring a major public sector project. Explain what you consider to be the major advantages and disadvantages of this method of procurement by comparison with other procurement methods for clients, consultants and contractors? 35 Marks
2) A discussion about the range of benefits that the client, contractor and supply chain can expect to see when entering into a partnering relationship in the design and construction of civil engineering projects. Explain what disadvantages are there and what management systems you would suggest to minimize them? 35 marks
3) Explain how consideration of cost risk affects the choice of method of procurement. 20 Marks
4) Report structure, style and presentation. 10 marks

please the language should be perfect , the supervisor for this module is really strict please cover all of the requirements and insert a time table as well as the heading exactly as required

my regards