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Umer Mushtaq Lone
This course provide the context in which construction procurement takes place. It examines the need of procurement methods in construction. It also reviews procurement routes commonly used worldwide such as Design and Build,Construction Management and the situations in which their use is appropriate and the client objectives they should respond to. It also discusses how risks are distributed among various parties. The course also discusses advanced procurement routes such asFinally it discusses how payments are made in construction and various payment methods, risks associated with these payment methods and how they affect contractor to innovate.
Register for this course and see more details by visiting:
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What's inside
Learning objectives
- Understand the need for construction projects to develop procurement strategy.
- Role of client in procurement.
- Basic characteristics, strengths, weaknesses of various procurement routes.
- Traditional and advanced procurement routes
- Different types of payment methods in construction
- Client and contractor risks associated with procurement routes
- Design & build, management routes, epc route, two stage tendering etc.
- Appropriateness of procurement route according to client objectives.
- Understand the need for construction projects to develop procurement strategy.
- Role of client in procurement.
- Basic characteristics, strengths, weaknesses of various procurement routes.
- Traditional and advanced procurement routes
- Different types of payment methods in construction
- Client and contractor risks associated with procurement routes
- Design & build, management routes, epc route, two stage tendering etc.
- Appropriateness of procurement route according to client objectives.
Syllabus
Understand context and nature of construction procurement.
Introduction
Quiz 1
Need for Procurement
Read more
Syllabus
Understand context and nature of construction procurement.
Introduction
Quiz 1
Need for Procurement
Read more
Quiz 2
Procurement Process
Quiz 3
Procurement Strategy
Procurement Route Selection
Quiz 4
Under the basic procurement routes, their advantages, disadvantages,risks and suitability.
Procurement Route Options
Traditional Route-Design-Bid-Build
Quiz 5
Design and Build Route
Quiz 6
EPC Turnkey Route
Quiz 7
Management Contracting Route
Quiz 8
Construction Management Route
Quiz 9
Risk Distribution of Basic Procurement Routes
Under advanced procurement routes, the advantages, disadvantages, risks and suitability.
Novation Route
Types of Novation
Quiz 10
Two Stage Tendering
Advantages of Two Stage Tendering
Framework Agreements and Prime Contracting
Quiz 11
Develop and Construct Route
Design and Manage Route
Quiz 12
Partnering
Private Public Partnerships-PPP
Types of PPP-Private Public Partnership
Quiz 13
Selecting a Procurement Route
Selection of Procurement Route
Appropriateness of Procurement Routes
Quiz 14
Various Payment methods used in construction and their characteristics.
Payment Methods
Price Based Payment Methods
Cost Based Payment Methods
Risk Distribution of Payment Methods
Quiz 15
Quick Recap of the Course
Conclusion
Good to know
Good to know
Know what's good ,
what to watch for , and
possible dealbreakers
Explores construction procurement method practices and considerations
Helps learners understand how risks are distributed among various parties involved in construction procurement
Discusses various payment methods used in construction and their impact on contractor innovation
Provides an overview of the procurement process, including strategy development and route selection
Covers traditional and advanced procurement routes used in construction
Involves Umer Mushtaq Lone as an instructor
Save this course
Save Understand Construction Procurement & Contract Practice to your list so you can find it easily later:
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Activities
Be better prepared
before
your course. Deepen your understanding
during
and
after
it. Supplement your coursework and achieve mastery of the topics covered
in Understand Construction Procurement & Contract Practice with these
activities:
Learn about Different Procurement Methods
Show steps
Explore various procurement methods and their advantages and disadvantages to prepare for course discussions.
Show steps
-
Watch online tutorials or webinars on procurement methods in construction.
-
Read articles and case studies to understand real-world applications of different procurement methods.
Review basic contract management principles
Show steps
Refresh your understanding of contract management fundamentals to enhance your ability to analyze and interpret procurement contracts.
Browse courses on
Contract Management
Show steps
-
Revisit notes or textbooks on contract law and contract management.
-
Review sample construction contracts to familiarize yourself with common clauses and provisions.
Review Construction Risk Management Techniques
Show steps
Review core concepts of risk management in construction projects to reinforce your understanding of course materials.
Show steps
-
Go over notes and textbooks from previous courses on risk management.
-
Review industry best practices and standards for managing risks in construction
-
Complete practice exercises or simulations related to risk management
Ten other activities
Expand to see all activities and additional details
Show all 13 activities
Complete the LinkedIn Learning course on 'Procurement Fundamentals'
Show steps
Reinforce your understanding of procurement basics and their application in construction.
Show steps
-
Enroll in the 'Procurement Fundamentals' course on LinkedIn Learning.
-
Watch all the video lectures and complete the interactive exercises.
-
Take the quizzes and assessments to test your understanding.
Join a study group for the course and engage in regular discussions
Show steps
Enhance your understanding of course concepts through collaborative learning and peer support.
Show steps
-
Identify a study group or form one with fellow students.
-
Establish regular meeting times and locations.
-
Review course materials together, discuss concepts, and solve problems collaboratively.
Analyze Construction Contractual Documents
Show steps
Practice analyzing contractual documents to develop your understanding of legal aspects in construction.
Browse courses on
Construction Contracts
Show steps
-
Obtain sample construction contracts and related documents (e.g., drawings, specifications).
-
Review and analyze the documents to identify key terms, clauses, and provisions.
-
Identify and discuss potential risks and issues related to the contractual arrangements.
Discuss Procurement Strategies with Peers
Show steps
Engage with fellow learners to exchange insights and perspectives on procurement strategies.
Show steps
-
Join online forums or discussion groups dedicated to construction procurement.
-
Initiate or participate in discussions on various procurement strategies and their applications.
-
Share knowledge, experiences, and best practices with other learners.
Complete the 'Procurement Strategy Simulation' exercise on Coursera
Show steps
Gain hands-on experience in developing procurement strategies by completing the simulation.
Show steps
-
Enroll in the 'Procurement Strategy Simulation' exercise on Coursera.
-
Follow the instructions and make decisions based on the scenario provided.
-
Analyze the outcomes of your decisions and reflect on your strategy.
Attend a Workshop on Construction Procurement
Show steps
Gain practical insights and industry knowledge by attending a specialized workshop on construction procurement.
Show steps
-
Research and identify relevant workshops offered by industry organizations or educational institutions.
-
Register for and attend the workshop, actively participate in discussions and networking opportunities.
-
Apply the knowledge and skills gained from the workshop to your course assignments and projects.
Develop a presentation on 'Types of Procurement Routes in Construction'
Show steps
Strengthen your grasp of the various procurement routes and their applicability in different construction scenarios by creating a structured presentation.
Show steps
-
Research various procurement routes commonly used in construction, including Design-Build, Construction Management, and EPC.
-
Identify the advantages, disadvantages, and suitability of each route.
-
Create a slide deck that visually illustrates the different routes and their key characteristics.
-
Rehearse your presentation and deliver it to a peer or family member.
Create a Summary of Payment Methods in Construction
Show steps
Develop a comprehensive overview of payment methods in construction to solidify your knowledge.
Browse courses on
Payment Methods
Show steps
-
Research different payment methods used in construction, such as progress payments, lump sum payments, and cost-plus contracts.
-
Summarize the key features, advantages, and disadvantages of each payment method.
-
Provide examples of how different payment methods are applied in real-world construction projects.
Write a report on 'Risk Distribution in Construction Procurement'
Show steps
Improve your understanding of risk allocation among parties involved in construction procurement.
Show steps
-
Research and analyze different risk allocation methods used in construction procurement contracts.
-
Identify the potential risks associated with each type of procurement route.
-
Develop a report that outlines the risk distribution mechanisms for different procurement routes.
Develop a construction procurement strategy for a hypothetical project
Show steps
Apply your knowledge to a real-world scenario and gain practical experience in creating a comprehensive procurement strategy.
Show steps
-
Define the project scope and objectives.
-
Research and analyze different procurement routes and their suitability for the project.
-
Develop a procurement plan that includes timelines, budget, and risk management strategies.
-
Present your procurement strategy to a mock client.
Learn about Different Procurement Methods
Show steps
Explore various procurement methods and their advantages and disadvantages to prepare for course discussions.
Show steps
Show steps
Show steps
- Watch online tutorials or webinars on procurement methods in construction.
- Read articles and case studies to understand real-world applications of different procurement methods.
Review basic contract management principles
Show steps
Refresh your understanding of contract management fundamentals to enhance your ability to analyze and interpret procurement contracts.
Browse courses on
Contract Management
Show steps
Show steps
Show steps
- Revisit notes or textbooks on contract law and contract management.
- Review sample construction contracts to familiarize yourself with common clauses and provisions.
Review Construction Risk Management Techniques
Show steps
Review core concepts of risk management in construction projects to reinforce your understanding of course materials.
Show steps
Show steps
Show steps
- Go over notes and textbooks from previous courses on risk management.
- Review industry best practices and standards for managing risks in construction
- Complete practice exercises or simulations related to risk management
Ten other activities
Expand to see all activities and additional details
Show all 13 activities
Complete the LinkedIn Learning course on 'Procurement Fundamentals'
Show steps
Reinforce your understanding of procurement basics and their application in construction.
Show steps
Show steps
Show steps
- Enroll in the 'Procurement Fundamentals' course on LinkedIn Learning.
- Watch all the video lectures and complete the interactive exercises.
- Take the quizzes and assessments to test your understanding.
Join a study group for the course and engage in regular discussions
Show steps
Enhance your understanding of course concepts through collaborative learning and peer support.
Show steps
Show steps
Show steps
- Identify a study group or form one with fellow students.
- Establish regular meeting times and locations.
- Review course materials together, discuss concepts, and solve problems collaboratively.
Analyze Construction Contractual Documents
Show steps
Practice analyzing contractual documents to develop your understanding of legal aspects in construction.
Browse courses on
Construction Contracts
Show steps
Show steps
Show steps
- Obtain sample construction contracts and related documents (e.g., drawings, specifications).
- Review and analyze the documents to identify key terms, clauses, and provisions.
- Identify and discuss potential risks and issues related to the contractual arrangements.
Discuss Procurement Strategies with Peers
Show steps
Engage with fellow learners to exchange insights and perspectives on procurement strategies.
Show steps
Show steps
Show steps
- Join online forums or discussion groups dedicated to construction procurement.
- Initiate or participate in discussions on various procurement strategies and their applications.
- Share knowledge, experiences, and best practices with other learners.
Complete the 'Procurement Strategy Simulation' exercise on Coursera
Show steps
Gain hands-on experience in developing procurement strategies by completing the simulation.
Show steps
Show steps
Show steps
- Enroll in the 'Procurement Strategy Simulation' exercise on Coursera.
- Follow the instructions and make decisions based on the scenario provided.
- Analyze the outcomes of your decisions and reflect on your strategy.
Attend a Workshop on Construction Procurement
Show steps
Gain practical insights and industry knowledge by attending a specialized workshop on construction procurement.
Show steps
Show steps
Show steps
- Research and identify relevant workshops offered by industry organizations or educational institutions.
- Register for and attend the workshop, actively participate in discussions and networking opportunities.
- Apply the knowledge and skills gained from the workshop to your course assignments and projects.
Develop a presentation on 'Types of Procurement Routes in Construction'
Show steps
Strengthen your grasp of the various procurement routes and their applicability in different construction scenarios by creating a structured presentation.
Show steps
Show steps
Show steps
- Research various procurement routes commonly used in construction, including Design-Build, Construction Management, and EPC.
- Identify the advantages, disadvantages, and suitability of each route.
- Create a slide deck that visually illustrates the different routes and their key characteristics.
- Rehearse your presentation and deliver it to a peer or family member.
Create a Summary of Payment Methods in Construction
Show steps
Develop a comprehensive overview of payment methods in construction to solidify your knowledge.
Browse courses on
Payment Methods
Show steps
Show steps
Show steps
- Research different payment methods used in construction, such as progress payments, lump sum payments, and cost-plus contracts.
- Summarize the key features, advantages, and disadvantages of each payment method.
- Provide examples of how different payment methods are applied in real-world construction projects.
Write a report on 'Risk Distribution in Construction Procurement'
Show steps
Improve your understanding of risk allocation among parties involved in construction procurement.
Show steps
Show steps
Show steps
- Research and analyze different risk allocation methods used in construction procurement contracts.
- Identify the potential risks associated with each type of procurement route.
- Develop a report that outlines the risk distribution mechanisms for different procurement routes.
Develop a construction procurement strategy for a hypothetical project
Show steps
Apply your knowledge to a real-world scenario and gain practical experience in creating a comprehensive procurement strategy.
Show steps
Show steps
Show steps
- Define the project scope and objectives.
- Research and analyze different procurement routes and their suitability for the project.
- Develop a procurement plan that includes timelines, budget, and risk management strategies.
- Present your procurement strategy to a mock client.
Career center
Learners who complete Understand Construction Procurement & Contract Practice will develop knowledge and skills
that may be useful to these careers:
Contract Administrator
Contract Administrator
Contract Administrators manage all aspects of construction contracts, from the bidding process to the final completion of a project. This course can help someone hoping to enter this role by providing them with an understanding of the different types of construction procurement routes and how to select the most appropriate one for a given project. The course also covers the various types of payment methods used in construction and the risks associated with each one, and helps build a foundation in risk management necessary in this role.
Construction Contract Administrator
Construction Contract Administrator
Construction Contract Administrators are responsible for the administration of construction contracts. This course can be useful to someone hoping to enter this role, as it provides an understanding of the different types of construction procurement routes and the legal and financial aspects of construction contracts.
Procurement Specialist
Procurement Specialist
Procurement Specialists are responsible for the procurement of goods and services for organizations. This course can help someone hoping to enter this role by providing them with an understanding of the different procurement methods and routes used in construction, as well as the risks and benefits associated with each one.
Procurement Manager
Procurement Manager
Procurement Managers are responsible for the procurement of goods and services for organizations. This course can help someone who wants to enter this role by providing them with an understanding of the different procurement methods and routes used in construction, as well as the risks and benefits associated with each one.
Quantity Surveyor
Quantity Surveyor
Quantity Surveyors are responsible for the measurement and valuation of construction work, and for the preparation of bills of quantities. This course can be useful to someone hoping to enter this role, as it provides an understanding of the construction procurement process and the different types of procurement routes that can be used for construction projects.
Construction Contract Specialist
Construction Contract Specialist
Construction Contract Specialists are responsible for the negotiation and administration of construction contracts. This course can help someone hoping to enter this role by providing them with an understanding of the different types of construction procurement routes and the legal and financial aspects of construction contracts.
Construction Contract Manager
Construction Contract Manager
Construction Contract Managers work with a variety of construction professionals to ensure that construction projects are completed on time, within budget, and to the required quality standards. This course may be useful for someone hoping to enter this field, as it provides an understanding of the different types of procurement routes, payment methods, and risk allocation in construction projects.
Construction Project Coordinator
Construction Project Coordinator
Construction Project Coordinators are responsible for the coordination of construction projects. This course may be useful for someone hoping to enter this role, as it provides an understanding of the construction procurement process and the different types of procurement routes that can be used for construction projects.
Project Controls Analyst
Project Controls Analyst
Project Controls Analysts are responsible for the financial and schedule control of construction projects. This course may be useful to someone hoping to enter this role, as it provides an understanding of the payment methods used in construction and the risks associated with each one.
Construction Estimator
Construction Estimator
Construction Estimators calculate the cost of construction projects. This course can be useful to someone hoping to enter this role, as it provides an understanding of the different types of procurement routes that can be used for construction projects and the factors that need to be considered when estimating costs.
Construction Manager
Construction Manager
Construction Managers are responsible for the overall management of construction projects. This course can be useful for someone wanting to advance their career in this field, as it provides an understanding of the procurement process and the different types of procurement routes used in construction projects.
Construction Project Manager
Construction Project Manager
Construction Project Managers oversee all aspects of a construction project, from the planning and design stages to the construction and completion phases. This course can be useful to someone hoping to advance their career in this field, as it provides an understanding of the procurement process and the different types of procurement routes that can be used for construction projects.
Project Manager
Project Manager
Project Managers are responsible for the planning, execution, and completion of projects. This course can be beneficial to someone hoping to enter this role, as it provides an understanding of the construction procurement process and the factors to consider when selecting a procurement route. The course also covers the financial management aspects of construction projects.
Site Manager
Site Manager
Site Managers are responsible for the day-to-day management of construction sites. This course can be useful to someone hoping to enter this role, as it provides an understanding of the procurement process and the different types of procurement routes that can be used for construction projects.
Construction Planning Engineer
Construction Planning Engineer
Construction Planning Engineers are responsible for the planning and scheduling of construction projects. This course can be useful to someone hoping to enter this role, as it provides an understanding of the procurement process and the different types of procurement routes that can be used for construction projects.
For more career information including salaries, visit:
OpenCourser.com/course/0y6ndc/understand
Reading list
We've selected seven books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
Understand Construction Procurement & Contract Practice.
Provides a comprehensive overview of construction procurement and contract management, covering topics such as procurement strategy, risk allocation, payment methods, and dispute resolution. It valuable resource for both students and practitioners in the construction industry.
Save
Provides a practical guide to construction contract administration, covering topics such as contract formation, variation orders, payment administration, and dispute resolution. It useful reference tool for construction professionals involved in the administration of construction contracts.
Provides advanced concepts and techniques for project management in construction, covering topics such as risk management, value engineering, and sustainability. It valuable resource for both students and practitioners in the construction industry.
Provides a comprehensive overview of construction planning and scheduling, covering the different methods and techniques used to plan and schedule construction projects. It also includes practical advice on how to manage risks and ensure a successful outcome
Provides a guide to building procurement for clients, covering topics such as procurement strategy, contract management, and dispute resolution. It valuable resource for clients involved in the procurement of construction projects.
Save
Provides a comprehensive overview of contract law for engineering and construction projects. It covers topics such as contract formation, contract interpretation, and contract remedies. This book can be used as a reference tool for the course.
Provides a comprehensive overview of construction contracts. It covers topics such as contract law, contract management, and dispute resolution. This book can be used as a reference tool for the course.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/0y6ndc/understand
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Effort
2 total hours
Via
Udemy
Instructor
Umer Mushtaq Lone
Language
English
Good to know
Explores construction procurement method practices and considerations
Helps learners understand how risks are distributed among various parties involved in construction procurement
Discusses various payment methods used in construction and their impact on contractor innovation
Provides an overview of the procurement process, including strategy development and route selection
Covers traditional and advanced procurement routes used in construction
Involves Umer Mushtaq Lone as an instructor
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