A value driven procurement decision tool

R.J. Kennedy, A.C. Sidwell, J. Bennett, Ping Chuen Chan

Research output: Unpublished conference presentation (presented paper, abstract, poster)Conference presentation (not published in journal/proceeding/book)Academic researchpeer-review

Abstract

The Co-operative Research Centre for Construction Innovation (CRC-CI) is funding a project known as Value Alignment Process for Project Delivery. The project consists of a study of best practice project delivery and the development of a suite of products, resources and services to guide project teams towards the best procurement approach for a specific project or group of projects. This paper describes the development of a Decision Support Tool (DST) to assist clients in making procurement decisions based on the alignment of values and objectives as the drivers of project success. The DST will guide clients and project teams towards more effective and efficient delivery methods. It is designed to become progressively more robust through a continuous feedback loop, building on existing knowledge of successful actions which represent best practice. The usefulness of the tool to clients and their advisors will be apparent both at the ‘front end’ pre-procurement phase, and throughout the procurement phases of construction projects. The project profiling approach taken in this tool looks at projects as patterns of a series of dimensions: project size, complexity, predictability and objectives.
Original languageEnglish
Pages458-467
Number of pages10
Publication statusPublished - 2003
EventCIB W055/W065/W089 : International Symposium of CIB Working Commissions -
Duration: 1 Jan 2003 → …

Conference

ConferenceCIB W055/W065/W089 : International Symposium of CIB Working Commissions
Period1/01/03 → …

Keywords

  • CRC for Construction Innovation
  • Program C Delivery and Management of Built Assets
  • Project 2001-003-C : Value Alignment Process for Project Delivery

Cite this