Modern Project Procurement Methods Part 1
Understanding The Procurement Methods
This white paper describes the most common methods for procuring building projects. It provides an overview by Andrew Graham (Managing Director, epm Projects Pty Ltd). In doing so, Andrew relies on his own experience as a project manager as well as the collective wisdom of his management team which represents nearly 100 years’ experience in project management. This paper considers the advantages and disadvantages of each method, important matters in selecting a method, and key elements for managing the selected method. It concludes with a summary of seven guiding principles. It serves to assist owners and procurement managers to make informed decisions so that they are given every opportunity to make their projects a success.
Section 1 – Project Procurement Methods
Section 2 – Advantages & Disadvantages of Procurement Methods