A value driven procurement decision tool

Kennedy, Rosemary and Sidwell, Anthony and Bennet, John and Chan, Albert Ping-Chuen (2003) A value driven procurement decision tool. [Conference Paper]

Abstract

The Co-operative Research Centre for Construction Innovation (CRC-CI) is funding a project known as Value Alignment Process for Project Delivery. The project consists of a study of best practice project delivery and the development of a suite of products, resources and services to guide project teams towards the best procurement approach for a specific project or group of projects. This paper describes the development of a Decision Support Tool (DST) to assist clients in making procurement decisions based on the alignment of values and objectives as the drivers of project success. The DST will guide clients and project teams towards more effective and efficient delivery methods. It is designed to become progressively more robust through a continuous feedback loop, building on existing knowledge of successful actions which represent best practice. The usefulness of the tool to clients and their advisors will be apparent both at the ‘front end’ pre-procurement phase, and throughout the procurement phases of construction projects. The project profiling approach taken in this tool looks at projects as patterns of a series of dimensions: project size, complexity, predictability and objectives.

Additional Information

Item Type: Conference Paper
Collection: CRC for Construction Innovation
Additional Information:

For more information, please contact the authors.

Keywords: CRC for Construction Innovation; Program C Delivery and Management of Built Assets; Project 2001-003-C : Value Alignment Process for Project Delivery
Date Deposited: 11 Mar 2014 03:19
Last Modified: 11 Mar 2014 03:20
Copyright Owner: Copyright 2003 (please consult authors)
Copyright Statement: The Participants of the CRC for Construction Innovation have delegated authority to the CEO of the CRC to give Participants permission to publish material created by the CRC for Construction Innovation. This delegation is contained in Clause 30 of the Agreement for the Establishment and Operation of the Cooperative Research Centre for Construction Innovation. The CEO of the CRC for Construction Innovation gives permission to the Queensland University of Technology to publish the papers/publications provided in the collection in QUT ePrints provided that the publications are published in full. Icon.Net Pty Ltd retains copyright to the publications. Any other usage is prohibited without the express permission of the CEO of the CRC. The CRC warrants that Icon.Net Pty Ltd holds copyright to all papers/reports/publications produced by the CRC for Construction Innovation.
URI: https://digitalcollections.qut.edu.au//id/eprint/1996
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