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This chapter focuses on the supply and procurement management processes for material resources. First, the main organizational models for procurement are presented with regard to centralized or project-based units, and pluses and minuses of competitive procurement versus partnering procurement are discussed. Then, the main methods for selecting and rating vendors are outlined. Finally, the material procurement process is described including basics of competitive bidding and negotiations, as well as notions of inventory management of construction materials.
KeywordsProcurement Management Process Vendor Rating Project-based Units Construction Subcontractors Transportation Contracts
References and Additional Resources
- Fisk ER (2003) Construction project administration, 7th edn. Pearson Education, Upper Saddle River, NJGoogle Scholar
- Hendrickson C (2008) Project management for construction, 2nd edn. Carnegie Mellon University, Pittsburgh, PA. http://www.ce.cmu.edu/pmbook/
- Ritz GJ (1994) Total construction project management. McGraw-Hill, New York, NYGoogle Scholar