Selecting the best procurement strategy for a project is fundamental to its success; it will affect its cost, schedule, quality, and team relationships throughout the project’s development. As such, procurement strategies should be considered at the earliest opportunity and should be weighed with regards to owner and project requirements.
On the following pages you’ll find descriptions of project delivery methods, procurement methods, and contract types, along with advantages and concerns to consider. Our goal here it to provide you with the knowledge, resources, and tools necessary to make confident and informed decisions on your healthcare projects.
What is a Project delivery method?
Project delivery methods define how a project team is structured between the owner, owner’s representative, architect, engineers, and contractors. While there are many methods and permutations, we have detailed the most common within this procurement tool document.
What is this a tool for?
To teach you about procurement methods for healthcare construction projects. Our goal is to shed light on how and why these methods vary based on factors such as project size, complexity, budget, and timeline.
What you can expect to learn:
You can expect to learn what role healthcare organizations have in these processes. As well as pros and cons of each method – Design-Bid-Build, Design-Build, Construction Manager At Risk, and Integrated Project Delivery.
What you will take away from the tool:
You cannot make confident decisions on your healthcare projects unless you are informed. After reading this tool, you’ll know what to consider when selecting your team: experience, project approach, challenges/strategies, scheduling, project cost, and bidding strategy.
FURTHER INFORMATION:
