Understand Construction Procurement & Contract Practice
4.4 (4 ratings)
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Understand Construction Procurement & Contract Practice

Procurement Routes & Payment Methods in Construction Projects.
4.4 (4 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
10 students enrolled
Created by Umer Mushtaq Lone
Last updated 6/2017
English
Current price: $10 Original price: $70 Discount: 86% off
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Includes:
  • 2 hours on-demand video
  • 29 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • 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.
View Curriculum
Requirements
  • Basic knowledge of construction management and overall construction industry.
Description

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 as PPP, EPC Turnkey etc.Finally 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.

Who is the target audience?
  • Construction Managers, Contract Administrators, Planning Engineers,Construction Project Managers, Procurement Managers, Civil Engineers, QS, Construction Consultants, Construction Clients
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Curriculum For This Course
29 Lectures
01:45:36
+
Procurement in Construction Industry
5 Lectures 22:38

Quiz 1
5 questions


Quiz 2
5 questions

Procurement Process
05:25

Quiz 3
6 questions

Procurement Strategy
04:29

Procurement Route Selection
03:18

Quiz 4
6 questions
+
Basic Procurement Routes
7 Lectures 29:44

Traditional Route-Design-Bid-Build
06:24

Quiz 5
6 questions

Design and Build Route
05:42

Quiz 6
5 questions

EPC Turnkey Route
02:36

Quiz 7
4 questions

Management Contracting Route
05:08

Quiz 8
5 questions

Construction Management Route
04:55

Quiz 9
4 questions

Risk Distribution of Basic Procurement Routes
03:58
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Advanced Procurement Routes
10 Lectures 28:11
Novation Route
02:59

Types of Novation
01:55

Quiz 10
5 questions


Advantages of Two Stage Tendering
01:48

Framework Agreements and Prime Contracting
03:45

Quiz 11
8 questions

Develop and Construct Route
03:28

Design and Manage Route
03:09

Quiz 12
5 questions

Partnering
03:09

Private Public Partnerships-PPP
02:17

Types of PPP-Private Public Partnership
02:51

Quiz 13
7 questions
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Selecting a Procurement Route
2 Lectures 06:29
Selection of Procurement Route
01:58

Appropriateness of Procurement Routes
04:31

Quiz 14
5 questions
+
Payment Methods in Construction
4 Lectures 14:18
Payment Methods
03:34

Price Based Payment Methods
04:41

Cost Based Payment Methods
04:34

Risk Distribution of Payment Methods
01:29

Quiz 15
7 questions
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Conclusion
1 Lecture 04:16
Conclusion
04:16
About the Instructor
Umer Mushtaq Lone
4.5 Average rating
1,144 Reviews
4,523 Students
5 Courses
MSc, PMP, Oracle Certified Specialist.

Experienced Planning & Project Control Engineer. I work in a project management consultancy for construction industry.  Being a certified PMP and Oracle certified Primavera Specialist, I love to learn new tools and techniques of Project Management and I equally love to share my knowledge and help others.

Learning never stops, so lets learn together !