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Title: A value driven procurement decision tool
Authors: Kennedy, RJ
Sidwell, AC
Bennett, J
Chan, APC 
Keywords: CRC for Construction Innovation
Program C Delivery and Management of Built Assets
Project 2001-003-C : Value Alignment Process for Project Delivery
Issue Date: 2003
Source: Proceedings of the Joint International Symposium of CIB Working Commissions, W55 : Building Economics, W65 : Organisation and Management of Construction, W107 : Construction in Developing Countries, Singapore, 22-24 October 2003, v. 1, p. 458-467 How to cite?
Abstract: The Co-operative Research Centre for Construction Innovation (CRC-CI) is funding a project known as Value Alignment Process for Project Delivery. The project consists of a study of best practice project delivery and the development of a suite of products, resources and services to guide project teams towards the best procurement approach for a specific project or group of projects. This paper describes the development of a Decision Support Tool (DST) to assist clients in making procurement decisions based on the alignment of values and objectives as the drivers of project success. The DST will guide clients and project teams towards more effective and efficient delivery methods. It is designed to become progressively more robust through a continuous feedback loop, building on existing knowledge of successful actions which represent best practice. The usefulness of the tool to clients and their advisors will be apparent both at the ‘front end’ pre-procurement phase, and throughout the procurement phases of construction projects. The project profiling approach taken in this tool looks at projects as patterns of a series of dimensions: project size, complexity, predictability and objectives.
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