There are various methods of procurement which can be broadly classified under the following headings: …
Many different terms are tossed around the construction industry loosely describing the different methodology used to design and construct new facilities and turnarounds. Unfortunately, there are no tried and true definitions for the different methods and numerous variations of each of the most popular methods. …
By Samer H Skaik
Introduction
Strategic thinking has engaged the brains of business leaders for centuries. Many books and researches have been developed to cover the strategy subject because of its importance. Organizations always seek to adopt dynamic and effective strategic management to secure proper growth and remain competitive.
Strategic management is necessary to any organisation particularly those working in construction where there is a rapidly changing environment with adverse competition and surprises which may act as serious threats to organisation stability. …
Implementing Strategic Management in ConstructionRead More »
Two-stage tendering is slowly being recognised in the Middle East as a potential way to achieve an employer’s objectives and reduce risk, writes EMILY LAWRENCE*. …
By Samer H Skaik
Sometimes, clients face difficulty to procure projects due to absence of competitors. The risk of how to secure value for money is extremely high when dealing with one single contractor to quote and execute the works. This article gives significant guidelines for which client can follow to minimize such risk and achieve value for money:
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What should Clients do when dealing with one tenderer only?Read More »
By Samer H Skaik
Management principles should be deeply understood by organizations to be mature enough to face the challenges of the 21st century. The search for better and more efficient ways of utilizing people’s knowledge and skills in providing services has become a must to handle challenges like globalization, micro-electronic technology, Market changes, lack of skilled employees and increased expectations of customers…etc. …
In some procurement contexts, the choice of contract may be determined by external factors, such as requirements of the funder. For example the World Bank now require the FIDIC forms of contract to be used on projects of over £6 million, and it appears as if the NEC form may be the preferred choice for the Olympic construction programme. In such cases the form to be used will have been selected before the Architect and other consultants are appointed. …
Advising clients on the appropriate form of contractRead More »
Clients who ask us to help them draft forms of guaranteed maximum price (GMP) contracts, have a variety of reasons for their decision to contract on this basis. Fixed price lump sum contracting, they point out, assumes that the design will be more or less complete at the time the contract is signed. …
While there are constraints to the implementation of PPPs in the Middle East, the region remains a fertile ground for innovative PPP solutions and governments are working hard to overcome the obstacles that currently exist, writes Joanne Emerson*. …
Owners and lenders are becoming increasingly receptive to the idea of offering engineering, procurement, and construction management (EPCM) contracts, as opposed to EPC contracts, for the advantages it offers, writes JONATHAN BRUFAL*. …
Whichever procurement type is adopted by the contracting parties it is essential to bear in mind both the advantages and disadvantages of each strategy so that informed decisions can be made prior to project commencement, warns JOANNE EMERSON. …
Design and build procurement – the way forward?
by Paul Taylor on Saturday, 08 March 2008 Paul Taylor, partner, HBJ Gateley Wareing UK LLP, considers procurement of construction projects on a design and build basis.
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