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The Impact Of Procurement Systems On Construction Cost And Delivery
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The study to examine procurement systems and it impact on cost management and delivery, the study has the following objectives,to identify various procurement systems commonly used by quantity surveyors in Owerri, to examine challenges encountered when employing various procurement systems for construction projects and to examine the impact of procurement systems on construction cost.
Concerning methodology for this study, data was obtained from primary source that is standardized structured questionnaire and secondary source which include textbooks, journals, relevant literature, peer reviewed journals, government official publications, newspapers, magazines, and internet sources.The descriptive survey research design was used in this study.Stratified random sampling technique was employed in reaching a sample size of fifty two (52) respondents drawn from the total number of workers in Marlum Construction Company.
The data collected was analyzed using standardized methods. To this end, data gathered was analyzed usingdescriptive statistics.
Project stakeholders, especially clients, should strive to ensure that the proper procurement methods that would significantly reduce project cost are adopted to ensureefficient delivery and maximum outcome when such projects are completed.
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CHAPTER ONE - [ Total Page(s): 4 ]CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The construction industry is an important part of the economical backbone in many countries (Ngai et al., 2002), often accounting for between 7-10 percent of the Gross Domestic Product (Winch, 1996, Voordijk et al., 2000). Furthermore, construction products and processes have a large impact on safety, health and environmental aspects (Bayliss et al., 2004). Since all human beings in modern societies are directly affected by its processes and ... Continue reading---
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CHAPTER ONE - [ Total Page(s): 4 ]CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The construction industry is an important part of the economical backbone in many countries (Ngai et al., 2002), often accounting for between 7-10 percent of the Gross Domestic Product (Winch, 1996, Voordijk et al., 2000). Furthermore, construction products and processes have a large impact on safety, health and environmental aspects (Bayliss et al., 2004). Since all human beings in modern societies are directly affected by its processes and ... Continue reading---
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