CONSTRUCTION PROCUREMENT

Construction Procurement

[Writer's initials]



Construction Procurement

Introduction

To survive in a changing world construction companies should review their goals and strategies to bring themselves into line with changes in the external environment and the organizations. Development and revision of strategy is a real need for significant changes in the external environment, as well as the purposes and policies of the organizations.

If the partnership with local organizations is a principle with another organization, the reality is often very complex to live and understand. In the introduction to this route between the idea of partnership and the relationships we are led to construct, we address the problem of defining the partnership as a concept and we will present the proposed approach for each live better than those famous partnerships

The idea of "planning" is the definition of ways and goals to attain them. West has the enterprises' planning activities are accepted out in such significant areas as finance, marketing, procurement and manufacturing. Indeed, all the private plans are interconnected.

The partnership is an empirical concept", i.e. it evolves as and what the actors who build and live, make and receive. For proof, the writer has only seen the pervasiveness of this concept both in trade relations, political, personal and obviously in the development world. His definition, thus, depends on the field in which it is placed. At this multiplicity of fields adds the notion of culture, the partnership is a concept developed in Western societies.

The planning process itself goes through four stages:

Development of common goals;

Identify ways and means to achieve them;

Recognition of specific, thorough goals for a specified, comparatively short period of time (2, 5, 10 years);

Check the goals' achievement by means of comparing actual and planned performance.

Planning has constantly determined on the data of the history, but look for to recognize and watch the development in the future, of the company. Consequently, the dependability of planning exists on the precision and accuracy of accounting calculations of the past. Any business plan is based on incomplete data (Brandon & Kocaturk, 2008).

Discussion(s)

There are rules and regulations of procurements such as procurement decisions are made on the basis of values especially for money and, it should not depend upon the costs of the capital. The evaluation for the values on money is not an easy task. There should be proper decisions when considering the factors on investments. Value for money is the total cost of the life of the project which should meet the user requirements. The strategies of procurement provide the feasible ways to achieve the targets of the project and value for money. These strategies also take into account all the risks and threats involve in specific projects. The major aim of the procurement strategy is to consider the control and balance of all risks associated with the projects which also include funding and other factors. There are also different contract strategies for each project. The strategy of contract also provides maintenance, integration and design of constructions. The contract strategy also provides ...