| Procurement in the Construction Industry: The Impact and Cost of Alternative Market and Supply Processes Contributor(s): Hughes, William (Author), Hillebrandt, Patricia M. (Author), Greenwood, David (Author) |
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ISBN: 0415395607 ISBN-13: 9780415395601 Publisher: Routledge OUR PRICE: $190.00 Product Type: Hardcover - Other Formats Published: April 2006 Annotation: Moves to collaborative working and other new procurement routes carry with them a suggestion that collaborative working is better because it makes good business sense. This book is the result of research into this hypothesis, and seeks to test the business case for collaborative working in the construction sector. In order to do this, the differences between procurement methods have been characterized and categorized rigorously for the first time, enabling a proper analysis of collected data to relate the costs of procurement to the procurement methods. This work is evidence-based, and the evidence does not provide a clear case for collaborative working. It shows that collaborative working will not necessarily incur extra costs, and yet costs vary enormously. Most importantly, influences exist which are more significant than the way that relationships are organized. In the process of carrying out this research, the team has produced a comprehensive study of procurement methods, and this provides the first such articulation of the relative benefits and costs of different ways of working. This work not only informs practitioners about the complexities of the procurement decision, but also informs theorists about the relevance of some aspects of economic theory to the construction sector. |
| Additional Information |
| BISAC Categories: - Technology & Engineering | Construction - General - Business & Economics | Industries - Construction |
| Dewey: 690.068 |
| LCCN: 2005035157 |
| Series: Spon Research |
| Physical Information: 0.69" H x 6.32" W x 9.22" (1.04 lbs) 222 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Do recent moves in the construction industry towards collaborative working and other new procurement procedures really make good business sense? Procurement in the Construction Industry is the result of research into this question and it includes the first rigorous categorizing of the differences between procurement methods currently in use. In the process of carrying out this research, the team has produced a comprehensive study of procurement methods which looks in detail at the relative benefits and costs of different ways of working, with sometimes surprising results. As such, it is not only a valuable guide for practitioners on the complexities of the procurement process, but also an outline of the relevance of economic theory to the construction sector. |