+234 813 0686 500
+234 809 3423 853
info@grossarchive.com

ANALYSIS OF CONVENTIONAL PROCUREMENT STRATEGIES AND THEIR APPLICATION IN NIGERIA CONSTRUCTION INDUSTRY

  • Type:Project
  • Chapters:5
  • Pages:65
  • Format:Microsoft Word
(Business Administration and Management Project Topics & Materials)

ANALYSIS OF CONVENTIONAL PROCUREMENT STRATEGIES AND THEIR APPLICATION IN NIGERIA CONSTRUCTION INDUSTRY

CHAPTER ONE

1.0   Introduction

Strategies for the procurement of building projects have not changed significantly in the last 25 years, though time and cost overruns are still prevalent throughout the industry (Smith and Love, 2001). In a response to reduce the incidence of time and costs overruns, the disputes that may often arise, and the likelihood of project success, alternative forms of procurement method such as partnering and alliancing have been advocated (Love et al. 1998). Not all forms of procurement method, however, are appropriate for particular project types, as client objectives and priorities invariably differ (Skitmore and Marsden, 1988; Love et al. 1997). The objectives and priorities of a client need to be matched to a procurement system. To do this effectively, it is essential that the characteristics of various procurement systems and selection methods available are understood by clients and their advisors before a procurement method is selected. In this report, the characteristics of the most common procurement systems and methods are presented. In conjunction with this research work the reader should also refer to the material developed by the New South Wales Government (2005) ‘Procurement Methodology Guidelines for Construction’ and the Western Australian Department of Housing and Works ‘Local Government Procurement Guide’ (2006).

1.1   Background of Study

Procurement has been seen to be process of obtaining or buying supplies of something like fixed assets (land, building, etc) especially for individual and government.

Therefore, procurement strategies has become a fashionable term with our construction industry, practitioners and researchers determines the overall framework and structure of responsibilities within the process, it is also a key factor contributing to the overall client satisfaction and project success.

Procurement strategies and their application is of important in our construction industry.

However, one must not be carried by which ever method of procurement strategies proposed for a construction project, the major issue is the different types of procurement are contractual obligations, responsibilities and line of communication between the parties. One thing to remember is that which ever method that is used, the statutory duties of the professionals are always distinct and mandatory. Hence the engagement of a builder in the procuring contract is statutorily required and highly recommended whichever procurement strategy that is adopted.

1.2   Statement of Problem

The general aim of study is to ascertain by reviewing, evaluating and identifying how procurement strategies can be applied in our Nigeria construction industry. Therefore, this issue raised the researcher’s interest to know how procurement strategies can be applied in our construction industry particularly Nigerian economy.

1.3   Purpose of the Study

The following list below are the core reason and purpose of this study which will be accomplished by the researcher.

1.  To determine what are the procurement strategies;

2.  To know its application in our Nigerian construction industry;

3.  To know the statutory duties of a builder in construction industry;

4.  To know what is construction industry.

1.4   Research Question

The research work is guided with same research question, which will be administered and distributed among the researchers area of study which are the respondents to this research work.

1.  What are the procurement strategies?

2.  Where can they be applied in Nigerian construction industry?

3.  How can we know the statutory duties of a building in our construction industry?

4.  What is construction industry?

1.5   Statement of Hypothesis

The researcher formed some of the hypothesis which will be tested to support this study. The hypothesis will be tested at 0.05 level of significance using the t-test method.

The research hypothesis are as follows.

1.  H1: The application of conventional procurement strategies is significant to the Nigeria construction industry

H0: The application of conventional procurement strategies is not significant to the Nigeria construction industry

1.6   Signification of the Study

It is hoped that the findings of the study will help the construction industries in Nigeria reflect upon various variables that influence the conventional procurement strategies. In so doing, they could investigate the possibility of introducing those variable to their industries which may consequently lead to reducing the cost.

The findings of this study are therefore expected to provide new knowledge about the factors behind conventional procurement strategies with respect to Nigeria construction industry.

1.7   Justification of the Study

I want to justify this research work based on the objectives and the significance of this research work, what is within its coverage, this research work is with no doubt necessary to be carried out. Because if done will greatly analyze conventional procurement strategies variable and its application to the construction company in Nigeria .

1.8   Scope of the Study

This research work covered a population study of 58 respondents from Enugu, Enugu state. More to that, this research work will be considering the conventional procurement strategies and its application to the construction company. One research hypothesis will be tested in light of the study, a descriptive method of data analysis will be was employed in the study.

1.9   Definition of Terms

Procurement are the procedures used by the procuring entity to acquire goods, services and works.

Negotiation simply refers to the mutual discussion and arrangement of the terms of a transaction or agreement for the purpose of arriving at a common understanding of contract essentials (e.g., technical requirements, schedule, prices, and terms).

ANALYSIS OF CONVENTIONAL PROCUREMENT STRATEGIES AND THEIR APPLICATION IN NIGERIA CONSTRUCTION INDUSTRY

Share This

Details

Type Project
Department Business Administration and Management
Project ID BAM1182
Price ₦3,000 ($9)
Chapters 5 Chapters
No of Pages 65 Pages
Format Microsoft Word

500
Leave a comment...

    Details

    Type Project
    Department Business Administration and Management
    Project ID BAM1182
    Price ₦3,000 ($9)
    Chapters 5 Chapters
    No of Pages 65 Pages
    Format Microsoft Word

    Related Works

    ASTRACT Building, civil engineering and heavy engineering projects are major contributions from the construction industry to national development. Buildings occupy the central focus of any infrastructural development and it is constructed to basically provide the citizenry with safe and comfortable enclosure for abode, business and industrial... Continue Reading
    ABSTRACT In the public procurement system in Nigeria has over the years been abused leading to cost inflation, delay in project delivery, poor quality of work, and project abandonment. The aim of this study is to examine the impact of the due process policy on construction projects delivery in Nigeria. Data were collected using a structured... Continue Reading
    CHAPTER ONE  INTRODUCTION  1.1  BACKGROUND OF THE STUDY  The construction industry is an important part of the economical backbone in many countries (Ngai  et al. , 2002), often accounting for between 7-10 percent of the Gross Domestic Product (Winch, 1996, Voordijk  et al. , 2000). Furthermore, construction products and processes have a... Continue Reading
    (A CASE STUDY OF BUREAU OF PUBLIC PROCUREMENT) ABSTRACT Public procurement is the process by which governments buy inputs for vital public-sector investments. Those investments, both in physical infrastructure and in strengthened institutional and human... Continue Reading
    An Analysis of the Procurement Reforms Act as a Tool for Cost Savings and Accountability in KRPC CHAPTER ONE INTRODUCTION In the past, huge sums of government money have been siphoned through the processes  of contract awards. A major thrust of this administration therefore, is the acceptance of Procurement Reforms Act as a tool for embracing... Continue Reading
    (A CASE STUDY OF ZENITH BANK) ABSTRACT Marketing activities play a vital role in the survival and growth of any organization. In recent time, marketing activities in the service industry have been posing serious problems to the service operators. This is because... Continue Reading
    CHAPTER ONE INTRODUCTION 1.1     BACKGROUND OF THE STUDY The name Bank is derived from the Italian word banco “desk/bench” used during the Renaissance by Florentine bankers, who used to make this transaction above a desk covered by a green tablecloth. However there are traces of banking activity even in ancient time. In fact, the word traces... Continue Reading
    ABSTRACT The main objective of this study is to determine competitive strategies and changes in Nigeria banking industries. Competition as a market situation which holds where there are a large number of business firms that are capable of supplying the same or similar services... Continue Reading
    EVALUATION OF THE USE OF TENDERS IN A PUBLIC SECTOR PROCUREMENT (A CASE STUDY OF BUREAU FOR PUBLIC PROCUREMENT, ENUGU) ABSTRACT The subject matter of this study is to carefully evaluate the use of tenders in the public sector procurement. In a bid for better understanding of public procurement as to the Nigerian content backed by the Nigerian... Continue Reading
    (A CASE STUDY OF NIGERIA BOTTLING COMPANY PLC) CHAPTER ONE INTRODUCTION 1.1    BACKGROUND OF THE STUDY Soft Drinks Manufacturing Industries in Nigeria adopt many strategies to enhance the sale of their variously branded products, various sales methods such as branding,... Continue Reading