Remove Bidding Remove Contract Management Remove TCO
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Evolution of the Status Quo

The Procurement School

Collective agreements offer some predictability, but lump sum tendered bids often must guess the future and buffer to avoid loss. 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.

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Navigating the 5 Steps of the Procurement Journey Part 1

The Procurement School

Areas to consider include objectives, background, scope, constraints, deliverables, timing, approvals, policy and legislative requirements, evaluation criteria and methodology and contract management including KPIs. It is important that key subject matter experts (SMEs) are involved with the planning of the project.