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Step 1 Concept The concept stage consists of needs analysis, governance, project planning, research and risk assessment. Effective project governance establishes who will be on the team and clearly outlines roles and responsibilities. There are many different etendering systems used by various levels of governments.
Decision-making using Choosing by Advantages (CBA) and that incorporates Total Cost of Ownership (TCO) principals provides customer-centric solutions that pay dividends far beyond initial construction. Bidders add money to bids to avoid potential losses. This risk absorption is directly reflected in bid prices.
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