Procurement Questions Flashcards

1
Q

What is procurement?

A
  • The process of obtaining goods or services in return for consideration.
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2
Q

What are the key considerations when selecting a procurement route?

A
  • Nature of the project.
  • Employer requirements regarding time, cost, quality and risk.
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3
Q

What different types of procurement methods are you aware of within the construction industry?

A
  • Traditional procurement.
  • Design and build procurement.
  • Management contractor procurement.
  • Construction management procurement.
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