Abstract
| Original language | English |
|---|---|
| Title of host publication | Under New Management Innovating for sustainable and just futures |
| Subtitle of host publication | Proceedings of the 30th annual Australian New Zealand Academy of Management Conference (ANZAM 2016) |
| Publisher | Australian and New Zealand Academy of Management (ANZAM) |
| Pages | 1-15 |
| Number of pages | 15 |
| ISBN (Electronic) | 9780987596888 |
| Publication status | Published - 2016 |
| Event | Australian and New Zealand Academy of Management Conference 2016: Under New Management: Innovation for Sustainable and Just Furtures - QUT Business School, Brisbane, Australia Duration: 6 Dec 2016 → 9 Dec 2016 Conference number: 30th https://anzam2016.com/ |
Conference
| Conference | Australian and New Zealand Academy of Management Conference 2016 |
|---|---|
| Abbreviated title | ANZAM 2016 |
| Country | Australia |
| City | Brisbane |
| Period | 6/12/16 → 9/12/16 |
| Internet address |
Keywords
- Benefits management
- contracting out
- collaboration within and between projects
- delivering innovation
- dynamic capability
- temporary organising
Cite this
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Transformational procurement model for managing major projects. / de Valence, Gerard; Algeo, Chivonne.
Under New Management Innovating for sustainable and just futures: Proceedings of the 30th annual Australian New Zealand Academy of Management Conference (ANZAM 2016). Australian and New Zealand Academy of Management (ANZAM), 2016. p. 1-15.Research output: Chapter in Book/Report/Conference proceeding › Conference Paper › Research
TY - GEN
T1 - Transformational procurement model for managing major projects
AU - de Valence, Gerard
AU - Algeo, Chivonne
PY - 2016
Y1 - 2016
N2 - Adaptation of current procurement management practices is required to deliver projects in a rapidly changing environment. Construction projects historically go over budget, result in litigation, often failing to meet client expectations as a result of ineffective contract management. This paper proposes an innovative framework for major construction project selection, procurement, and implementation. Three opportunities will be identified and discussed. First, employ an experienced project manager at the earliest stage of the project. Second, appoint consultants to complete the design before a competitive tender is held. Third, separately contract the design and construction of the project. The paper suggests that combining these opportunities can lower the risk of project failure and ultimately deliver benefits through effective management of major construction projects
AB - Adaptation of current procurement management practices is required to deliver projects in a rapidly changing environment. Construction projects historically go over budget, result in litigation, often failing to meet client expectations as a result of ineffective contract management. This paper proposes an innovative framework for major construction project selection, procurement, and implementation. Three opportunities will be identified and discussed. First, employ an experienced project manager at the earliest stage of the project. Second, appoint consultants to complete the design before a competitive tender is held. Third, separately contract the design and construction of the project. The paper suggests that combining these opportunities can lower the risk of project failure and ultimately deliver benefits through effective management of major construction projects
KW - Benefits management
KW - contracting out
KW - collaboration within and between projects
KW - delivering innovation
KW - dynamic capability
KW - temporary organising
UR - http://www.anzam.org/events/types/events-conference/
M3 - Conference Paper
SP - 1
EP - 15
BT - Under New Management Innovating for sustainable and just futures
PB - Australian and New Zealand Academy of Management (ANZAM)
ER -