The success factors of design and build procrement method: a literature visit
Studies on project procurement techniques are normally focus on the ability of the techniques to manage risk in projects undertaking. The shifting from traditional to innovative procurement approach is resulted from the complexity of project nowadays. Design and Build which is on one the innovative...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2006
|
| Subjects: | |
| Online Access: | http://eprints.utm.my/id/eprint/436/1/NgWengSeng2006_Thesuccessfactorsofdesignandbuild.pdf http://eprints.utm.my/id/eprint/436/ http://civil.utm.my/apsec2015/ |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Universiti Teknologi Malaysia |
| Language: | English |
| Summary: | Studies on project procurement techniques are normally focus on the ability of the techniques to manage risk in projects undertaking. The shifting from traditional to innovative procurement approach is resulted from the complexity of project nowadays. Design and Build which is on one the innovative techniques, has gained popularity from the time and cost saving reputation. The basic concept of Design and Build require the project to be contracted to a single organization that would be responsible for design, procurement, engineering and commissioning. This paper aims to theoretically explore and reveal the effectiveness of Design and Build in procuring the project. The paper shows that characteristics of Design and Build that make it different from other procurement system nested in the advantages of offering single point responsibility, fixed time and money, communication and risk allocation. Proper exploitation of these characteristics may lead to the success of the system. |
|---|