Establish project procurement arrangements in construction management

Overview & Purpose

What This Standard Covers

This standard focuses on the establishment of effective project procurement strategies in construction management, addressing methods, objectives, and stakeholder involvement from inception to implementation. It requires the demonstration of procurement strategy execution and stakeholder collaboration.

Performance Criteria

• Identify and agree on procurement objectives and criteria.
• Evaluate and select appropriate procurement methods.
• Form project teams and confirm collaboration objectives with stakeholders.
• Assess potential suppliers and services, and select the best fit.
• Negotiate agreements and contracts with chosen suppliers.
• Conduct project meetings to ensure collaborative working.
• Recommend suitable forms of contracts based on stakeholder input.

Knowledge & Understanding Requirements

• Understanding of procurement objectives, criteria, and strategies.
• Ability to evaluate and select viable procurement methods.
• Knowledge of legal and industry requirements relevant to procurement.
• Skills in supplier assessment, negotiation, and contract formation.
• Familiarity with different project work types and stakeholder roles.

Relevent Roles

• Construction Project Manager, Production Managers, and Directors in Construction.