16257 Advanced Procurement Methods

Description

This subject examines the range of methods used when procuring built assets, with an emphasis on the innovative, non-traditional methods found on large, complex projects. The subject contrasts traditional procurement methods introduced in earlier subjects with collaborative procurement methods aimed at reducing the cost of construction and operation, achieving milestones, shortening duration, reducing claims, and improving constructability and innovation. Case studies of major projects are used to identify the issues found with project delivery systems that combine designers, builders, and suppliers into an integrated project team. Designing procurement systems to minimise the risk of collusion and corruption is discussed.