SKU: 30872090025

Construction Procurement & Supply Chain Management

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Description

Construction Procurement & Supply Chain ManagementCOURSE OVERVIEW: Welcome to the course Construction Procurement & Supply Chain Management. This course is designed to provide you with a deep understanding of procurement and supply chain management within the construction industry. Effective procurement and supply chain management are critical to the success of construction projects, ensuring that materials, services, and resources are acquired efficiently, cost effectively, and sustainably.

COURSE OVERVIEW:

Welcome to the course Construction Procurement & Supply Chain Management. This course is designed to provide you with a deep understanding of procurement and supply chain management within the construction industry. Effective procurement and supply chain management are critical to the success of construction projects, ensuring that materials, services, and resources are acquired efficiently, cost-effectively, and sustainably. Throughout this course, you will explore the principles, strategies, and best practices that underpin successful procurement and supply chain management in construction.

We begin with an introduction to construction procurement, where you will gain an overview of the procurement process in construction and understand its significance in project success. This section will highlight the importance of effective procurement in achieving project objectives, ensuring quality, and managing costs. You will also learn about the key stakeholders involved in the procurement process, including clients, contractors, suppliers, and project managers.

The course then delves into the various types of procurement methods used in the construction industry. You will explore traditional procurement methods, design and build contracts, and public-private partnerships (PPPs), understanding the advantages and challenges associated with each approach.

Developing a procurement strategy is crucial for aligning procurement activities with project goals. This section will guide you in assessing project requirements, identifying suitable suppliers and contractors, and crafting a procurement strategy that supports the successful delivery of the project.

Supplier selection and evaluation are essential steps in ensuring that the best partners are chosen for the project. You will learn about the criteria for selecting suppliers, how to conduct supplier audits, and techniques for evaluating supplier performance to ensure they meet project standards.

The tendering and bidding processes are critical for selecting the right contractors and suppliers. You will explore how to prepare tender documents, manage the bidding process, and evaluate bids to make informed decisions that align with project goals and budget constraints.

Negotiation strategies in procurement are vital for securing favourable terms and conditions. This section will cover the principles of effective negotiation, how to negotiate with suppliers and contractors, and strategies for closing and formalising agreements that protect the interests of all parties.

Contract management is a key component of construction procurement. You will learn about the different types of construction contracts, key contractual terms and conditions, and how to manage contractual risks to avoid disputes and ensure project continuity.

Supply chain management principles will help you understand the complexities of the construction supply chain. You will explore the key components of a construction supply chain, the role of technology in managing supply chain activities, and strategies for optimising supply chain performance.

Logistics and material management are critical for ensuring that materials and resources are delivered on time and in the right quantities. This section will guide you in planning and managing logistics, implementing just-in-time delivery practices, and managing on-site material storage to minimise waste and delays.

Risk management in procurement and supply chain is essential for mitigating potential disruptions. You will learn how to identify procurement risks, mitigate supply chain disruptions, and develop contingency plans to address unforeseen challenges in the supply chain.

Sustainable procurement practices are increasingly important in today’s construction industry. This section will cover green procurement strategies, how to assess the environmental impact of procurement activities, and implementing sustainable supply chain strategies that align with environmental and social responsibility goals.

Cost management in procurement is crucial for maintaining project budgets. You will explore budgeting and cost estimation techniques, cost control measures in procurement, and the role of value engineering in optimising costs within the supply chain.

Performance measurement and reporting provide insights into the effectiveness of procurement and supply chain activities. You will learn about key performance indicators (KPIs) for procurement, how to monitor supplier and contractor performance, and how to report and analyse procurement outcomes for continuous improvement.

Finally, continuous improvement in procurement and supply chain management ensures that lessons learned are applied to future projects. This section will guide you in evaluating procurement processes, gathering feedback, and implementing improvements that enhance the efficiency and effectiveness of procurement and supply chain activities in future projects.

By the end of this course, you will have the skills and knowledge needed to manage procurement and supply chain activities in construction projects effectively, ensuring that your projects are delivered on time, within budget, and to the highest standards of quality and sustainability.

Each section is complemented with examples to illustrate the concepts and techniques discussed.

LEARNING OUTCOMES:

By the end of this course, you will be able to understand the following topics:

1. Introduction to Construction Procurement

  • Overview of Procurement in Construction
  • Importance of Effective Procurement
  • Key Stakeholders in the Procurement Process

2. Types of Procurement Methods

  • Traditional Procurement Methods
  • Design and Build Contracts
  • Public-Private Partnerships (PPPs)

3. Developing a Procurement Strategy

  • Assessing Project Requirements
  • Identifying Suitable Suppliers and Contractors
  • Aligning Procurement Strategy with Project Goals

4. Supplier Selection and Evaluation

  • Criteria for Supplier Selection
  • Conducting Supplier Audits
  • Evaluating Supplier Performance

5. Tendering and Bidding Processes

  • Preparing Tender Documents
  • Managing the Bidding Process
  • Evaluating and Selecting Bids

6. Negotiation Strategies in Procurement

  • Principles of Effective Negotiation
  • Negotiating with Suppliers and Contractors
  • Closing and Formalising Agreements

7. Contract Management

  • Types of Construction Contracts
  • Key Contractual Terms and Conditions
  • Managing Contractual Risks

8. Supply Chain Management Principles

  • Understanding the Construction Supply Chain
  • Key Components of a Construction Supply Chain
  • The Role of Technology in Supply Chain Management

9. Logistics and Material Management

  • Planning and Managing Logistics
  • Just-In-Time Delivery in Construction
  • Managing On-Site Material Storage

10. Risk Management in Procurement and Supply Chain

  • Identifying Procurement Risks
  • Mitigating Supply Chain Disruptions
  • Contingency Planning for Supply Chain Issues

11. Sustainable Procurement Practices

  • Green Procurement in Construction
  • Assessing Environmental Impact
  • Implementing Sustainable Supply Chain Strategies

12. Cost Management in Procurement

  • Budgeting and Cost Estimation
  • Cost Control Measures in Procurement
  • Value Engineering in the Supply Chain

13. Performance Measurement and Reporting

  • Key Performance Indicators (KPIs) for Procurement
  • Monitoring Supplier and Contractor Performance
  • Reporting and Analysis of Procurement Outcomes

14. Continuous Improvement in Procurement and Supply Chain

  • Evaluating Procurement Processes
  • Feedback and Lessons Learned
  • Implementing Improvements for Future Projects

COURSE DURATION:

The typical duration of this course is approximately 2-3 hours to complete. Your enrolment is Valid for 12 Months. Start anytime and study at your own pace.

ASSESSMENT:

A simple 10-question true or false quiz with Unlimited Submission Attempts.

CERTIFICATION:

Upon course completion, you will receive a customised digital “Certificate of Completion”.

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SKU: 30872090025

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4.4 ★★★★★
Based on 7 reviews
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Product Reviews
W
Verified Purchase
WellBCare
Massapequa, US
★★★★★ 2
Be clear that it's a blank journal you create, with brief quotes and thumbnail art
Format: Paperback
If one is looking for a personal journal of empty lined pages ~ and a brief Lilias Trotter quote with a thumbnail-size photo of her art on each page then this is for you. I understood it was a book of her journalling with more viewable-size sketches.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on May 13, 2022
E
Verified Purchase
Eric Balkan
New York, US
★★★★★ 5
When and where economics went wrong
Format: Paperback
This is one of those books that can provide an epiphany to the reader -- but not very many American readers have even heard of it, unfortunately. That could be due to it's being a book primarily about English economic history, with assumptions that the reader is familiar to some extent with things like the Poor Laws and Tory socialism. But I wasn't, and was still able to glean some great insights from the work. That could be because Polanyi is not afraid of repetition. :-) A key insight, and the one that could be summed up as the theme of the book, is Polanyi's realization that prior to about 1830, the market and the economy were considered part of society. That is, economic activity was something that people did along with everything else they did, like engage in social/familial relationships, religious rituals, etc. But with the 1830s came a paradigm shift: the advent of rational capitalism. Now, the market was considered an entity by itself, outside of society. This market entity was viewed as governed by universal laws. Like laws of physics, these market laws were independent of culture, independent of social group, independent of time period, and, in fact, independent of human behavior. While any observer of human nature would say that people often make decisions for emotional reasons -- and modern neurological research shows that virtually every decision we make is a combination of the rational and the emotional -- these market laws assumed only rational behavior on the part of economic actors. Though Polanyi doesn't mention it, it's now easy to see how Alfred Marshall could get carried away with creating a mathematical foundation for microeconomics and how Leon Walras could, reportedly, say that if something couldn't be studied mathematically, it wasn't worth studying. There's no current way to model emotions with math, and so the Ricardian prototype of an emotion-less economics continues into the modern economics of today. These universal market laws frees the market from any social constraints. A number of modern neo-classical economists assert that this makes economics purely amoral, i.e., without regard for any ethics. Therefore any attempts by the public, by politicians, or by workers to add ethics to the market is an interference with pure market workings, which, according to their interpretation of Adam Smith's "invisible hand", will produce optimal results if just left alone. But Smith never said that, and in fact rational capitalism, in elevating greed and selfishness to the status of goals -- see the Ayn Rand work "The Virtue Of Selfishness" -- is, IMO, not amoral at all, but rather is a morality of its own. Anyway, back to Polanyi's insights. Another key one is the concept of a "double movement" in 19th century England. Each move to create a purer market created an ad-hoc counter move. E.g., Ricardian free trade was faced with opposition from workers losing their jobs and local firms losing business Americans can easily think of another example: where the employment of children (eventually) led to laws restricting that employment, simply because human beings have too much of a sympathetic nature to sit still for children losing limbs in the dangerous factories and mines of the time. Polanyi notes that capitalists often blame these anti-capitalist laws on planned activity by socialist anti-market groups, but he says they're actually the result of the recognition by the general public that they don't want to live under a pure market system. Yet another good insight is Polanyi's recognition that market laws treat labor, land, and money as commodities. We can see that today, where neo-classical economists assert that the law of supply and demand should apply to workers as it applies to anything else in the economy. That is, if there's a surplus of workers in one area and a shortage in another, supply and demand dictates the flow of workers from the one area to the other. But a laid-off textile worker in South Carolina is not going to move to China for a job. That's my own example, but Polanyi offers his own from modern English history. The book isn't perfect. Polanyi does have a tendency to generalize, a common failing among authors, IMO. E.g., in discussing the rise of fascism in the 1930s, he's on very shaky ground when he starts talking about the US or about Russian policy intentions during that period. I gave The Great Transformation 5 stars because, even with its faults, the reader will be thinking about Polanyi's insights for some time to come. I am.
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Reviewed in the United States on May 18, 2009
K
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Kindle Customer
Lake Worth, US
★★★★★ 5
Not light reading but worth it
Format: Kindle
Much of this book was heavy reading for me, mainly due my not being familiar with the background development and history of various economic theory and associated laws over 500 or so years of British history. I did stick it out and am glad I did. There are many insights as to how we have arrived at today and the book is still relevant even though it was written in 1942. I found the last few chapters and the comments in Sources to offer the most explanations to fit modern times especially with regard to the rise of fascism. Thick but worth it.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on May 6, 2025
B
Verified Purchase
Blake West
Waukegan, US
★★★★★ 4
Interesting anthropology and critique, but dense and obtuse writing
Format: Kindle
The good part is that at the end of the day, I learned a lot here, and Polanyi raised a lot of very interesting and under-discussed historical points to create his argument. It felt very similar to David Graeber (or I guess Graeber is similar to Polanyi) in that way. The bad part is that, whereas Graeber writes with exceptional clarity and vividness, Polanyi is obtuse and dense. And I've read other books from this era, I don't think it's the time. I think it's Polanyi's writing. Beyond that, his work serves more as analysis than prescription. It's a bit unclear exactly what he's advocating for. Which maybe is OK, though I prefer when non fiction writers offer solutions rather than just pointing out problems. All in all, if you can settle in with his writing, there are definite gems in there.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on June 5, 2026
K
Verified Purchase
Kitty Bryant
Fort Morgan, US
★★★★★ 5
Inspiring analysis of economic history
Format: Paperback
Polanyi presents economic history through an analysis of the "utopian" catastrophy of the self-regulating market economy. Polanyi argues that the free market economy treats the most essential elements of human society - labor, nature, and money - as if they should be exploited like commodities. When liberalism (free marketeerism) rules, then the economy dictates what is possible in human society, and these rules are intolerable because they create conditions under which humans are impoverished and disempowered. In his final chapter he lays out the battle ground between liberalism and its alternatives, which when he was writing (1945) were socialism and fascism. Fascism refuses the dictates of economic liberalism but substitutes in its place the dictates of a state that denies individual freedom. Socialism, alternatively, holds the only promise of true freedom for the individual where economic and political rules are developed and enforced democratically for the protection of society. While this is not an easy read because it demands a background in history, he is a fluent and persuasive writer.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on February 2, 2023

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