Understand Construction Procurement & Contract Practice

Understand Construction Procurement & Contract Practice, available at $39.99, has an average rating of 4.15, with 29 lectures, 15 quizzes, based on 190 reviews, and has 783 subscribers.

You will learn about Understand the need for construction projects to develop procurement strategy. Role of Client in procurement. Basic characteristics, strengths, weaknesses of various procurement routes. Traditional and Advanced Procurement Routes Different types of Payment methods in construction Client and Contractor risks associated with procurement routes Design & Build, Management Routes, EPC route, Two Stage Tendering etc. Appropriateness of Procurement Route according to client objectives. This course is ideal for individuals who are Construction Managers, Contract Administrators, Planning Engineers,Construction Project Managers, Procurement Managers, Civil Engineers, QS, Construction Consultants, Construction Clients It is particularly useful for Construction Managers, Contract Administrators, Planning Engineers,Construction Project Managers, Procurement Managers, Civil Engineers, QS, Construction Consultants, Construction Clients.

Enroll now: Understand Construction Procurement & Contract Practice

Summary

Title: Understand Construction Procurement & Contract Practice

Price: $39.99

Average Rating: 4.15

Number of Lectures: 29

Number of Quizzes: 15

Number of Published Lectures: 29

Number of Published Quizzes: 15

Number of Curriculum Items: 44

Number of Published Curriculum Objects: 44

Original Price: $89.99

Quality Status: approved

Status: Live

What You Will Learn

Understand the need for construction projects to develop procurement strategy.
Role of Client in procurement.
Basic characteristics, strengths, weaknesses of various procurement routes.
Traditional and Advanced Procurement Routes
Different types of Payment methods in construction
Client and Contractor risks associated with procurement routes
Design & Build, Management Routes, EPC route, Two Stage Tendering etc.
Appropriateness of Procurement Route according to client objectives.

Who Should Attend

Construction Managers, Contract Administrators, Planning Engineers,Construction Project Managers, Procurement Managers, Civil Engineers, QS, Construction Consultants, Construction Clients

Target Audiences

Construction Managers, Contract Administrators, Planning Engineers,Construction Project Managers, Procurement Managers, Civil Engineers, QS, Construction Consultants, Construction Clients

This course provide the context in which construction procurement takes place. It examines the need of procurement methods in construction. It also reviews procurement routes commonly used worldwide such as Design and Build,Construction Management and the situations in which their use is appropriate and the client objectives they should respond to. It also discusses how risks are distributed among various parties. The course also discusses advanced procurement routes such as PPP, EPC Turnkey etc.Finally it discusses how payments are made in construction and various payment methods, risks associated with these payment methods and how they affect contractor to innovate.

Course Curriculum

Chapter 1: Procurement in Construction Industry

Lecture 1: Introduction

Lecture 2: Need for Procurement

Lecture 3: Procurement Process

Lecture 4: Procurement Strategy

Lecture 5: Procurement Route Selection

Chapter 2: Basic Procurement Routes

Lecture 1: Procurement Route Options

Lecture 2: Traditional Route-Design-Bid-Build

Lecture 3: Design and Build Route

Lecture 4: EPC Turnkey Route

Lecture 5: Management Contracting Route

Lecture 6: Construction Management Route

Lecture 7: Risk Distribution of Basic Procurement Routes

Chapter 3: Advanced Procurement Routes

Lecture 1: Novation Route

Lecture 2: Types of Novation

Lecture 3: Two Stage Tendering

Lecture 4: Advantages of Two Stage Tendering

Lecture 5: Framework Agreements and Prime Contracting

Lecture 6: Develop and Construct Route

Lecture 7: Design and Manage Route

Lecture 8: Partnering

Lecture 9: Private Public Partnerships-PPP

Lecture 10: Types of PPP-Private Public Partnership

Chapter 4: Selecting a Procurement Route

Lecture 1: Selection of Procurement Route

Lecture 2: Appropriateness of Procurement Routes

Chapter 5: Payment Methods in Construction

Lecture 1: Payment Methods

Lecture 2: Price Based Payment Methods

Lecture 3: Cost Based Payment Methods

Lecture 4: Risk Distribution of Payment Methods

Chapter 6: Conclusion

Lecture 1: Conclusion

Instructors

Umer Mushtaq Lone
MSc, PMP, M.ASCE, Oracle Certified Specialist.

Rating Distribution

1 stars: 4 votes
2 stars: 8 votes
3 stars: 41 votes
4 stars: 73 votes
5 stars: 64 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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