Strategic Construction Procurement

Strategic construction procurement is essential for the successful delivery of construction projects and involves making informed decisions that align with the broader project outcomes in every phase of a construction project. This unit explores the practices of contemporary international procurement strategies, examining various procurement methods, pricing options, tendering techniques, and standard contractual forms within complex project team settings. Through the analysis of various case studies, students will explore procurement environments that highlight critical aspects of contracting, including traditional and alternative forms, regulatory frameworks, cost and quality. They will also delve into subcontracting, insurance, performance security, dispute resolution, construction culture, ethical procurement, international market trends, and effective supply chain management. Students will engage critically with these topics, gaining an understanding of how strategic procurement decisions influence project outcomes and align with broader business objectives in the international context. This unit equips students with advanced knowledge and practical skills to manage the complexities of procurement in the construction industry by making informed, strategic decisions that optimise project outcomes and drive business success.

Learning Outcomes

On successful completion of this unit, students will be able to:

1. Implement project procurement theories and principles to manage and lead complex construction projects effectively;
2. Integrate advanced procurement techniques with specific project requirements to promote sustainability and technological integration;
3. Analyse bids based on the principles of tender evaluation, ensuring alignment with project objectives and compliance with industry regulations and standards;
4. Interpret and implement standard forms of contracts, ensuring compliance with legal requirements and project continuity; and
5. Formulate strategic construction procurement processes, utilising advanced leadership skills for effective stakeholder engagement.