1. Important Foundations of Management
... of building will ultimately increase the efficiency of pre-tender cost estimating. Factors Procurement Methods and Associated Contracts Procurement in terms of construction is generally the merging of the following steps by a client to attain a building: • determining the criteria for the project • setting the contractual framework • setting the tender and selection processes • inviting ... contract There are three different types of procurement methods that are used in the construction industry. These include: Traditional Procurement Traditional procurement largely lays out eac...
- Word Count: 1195
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate