General Flashcards

1
Q

707 What is procurement?

A
  • Procurement is the overall act of obtaining goods and or services.
  • There are several routes by which design and construction can be procured. The selected route should follow a strategy which fits the project criteria.
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2
Q

708 What are the main factors that usually govern the procurement route selection?

A
  • Procurement routes are
  • Single stage, two stage and negotiated
  • Therefore the main factors that will govern the selection are:
  • The Clients requirement for time, cost, quality and attitude to risk,
  • It is unusual to satisfy all the Clients requirements for time, cost and quality so it is important to understand their priorities.
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