Understand Construction Procurement & Contract Practice

Procurement Routes & Payment Methods in Construction Projects.

Created by: Umer Mushtaq Lone
MSc, PMP, M.ASCE, Oracle Certified Specialist.

What Will I Learn?

• Understand the need for construction projects to develop procurement strategy.
• Role of Client in procurement.
• Basic characteristics, strengths, weaknesses of various procurement routes.
• Traditional and Advanced Procurement Routes
• Different types of Payment methods in construction
• Client and Contractor risks associated with procurement routes
• Design & Build, Management Routes, EPC route, Two Stage Tendering etc.
• Appropriateness of Procurement Route according to client objectives.

Requirements

• Basic knowledge of construction management and overall construction industry.

Target audience

• Construction Managers, Contract Administrators, Planning Engineers,Construction Project Managers, Procurement Managers, Civil Engineers, QS, Construction Consultants, Construction Clients