| Summary: | A dissertation submitted in partial fulfilment of the requirements for the degree Master of Science in Building in Project Management in the School of Construction Economics and Management, Faculty of Engineering and the Built Environment, The University of Witwatersrand === Construction procurement strategy concerns the decisions project owners and consultants make to procure the services of contractors and built environment professionals to deliver a new construction project or to carry out refurbishment work. The components of a construction procurement strategy are: packaging strategy; contracting strategy; pricing strategy; targeting strategy; and procurement procedure.
Due to the uniqueness of each construction project and that clients undertake projects for different reasons, construction procurement strategies should be tailored to meet individual project and client requirements. However, research by Watermeyer, CIDB, Murdoch & Hughes, Rwelamila et al. and others have found that this is generally not happening, which, it is believed, contributes to adverse project outcomes.
Leading researchers in the construction industry (Watermeyer; Egan; Murdoch & Hughes, Miller) are of the view that that much of the problems in construction relating to time, quality and budget can be traced back to poor procurement choices. If more attention is placed on getting the construction procurement strategy to match the client and project objectives, the belief is that better and improved project outcomes will follow. === E.R. 2019
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