Collaborative Group Feasibility Presentation

Colloborative group feasiblity
presentation
(Section 5)

Contents
INTRODUCTION.......................................................................................................................................3
MAIN BODY..............................................................................................................................................3
1) Procurement methods and implementation of innovative procurement approach to de- risk
construction.............................................................................................................................................3
2. Analyze the structure of the UK economic in terms of procurement methods & supply chain matters
and the economic role played by the civil engineering in construction industry......................................6
3. Quality Assurance System ensures the best practice in managing the construction of the development
and practical measures utilized by contractors to ensure a project is ‘fit for purpose’ and best value for
money’.....................................................................................................................................................8
CONCLUSION.........................................................................................................................................11
REFERENCES..........................................................................................................................................12

INTRODUCTION
Procurement refers to process of searching and acquiring the services or products a work
from external source through competitive bidding process and tendering. The overall process of
procurement simply includes lots of planning so that activities related to the whole project can be
executed within the predefined time frame. Here, it is highly important for the businesses
especially procurement department to conduct detailed study on the whole process so that
adequate level of knowledge can be developed regarding the possible risks related to the same
(Afriyie, 2015). As a result, by considering all the information it becomes easier for the project
lead to take the purchasing decisions under scarcity conditions. Supply chain is network among
firm and its suppliers to produce as well as distribute the particular product to final purchaser.
The supply chain also demonstrates how the product or service is to be transported to the client
from its original location. With reference to construction sector, it can be said that planning is the
essential part of the overall project as it helps them out in accomplishing the development of
building projects in rightful manner. Also, the adequate planning related to the same helps in
executing sustainable practices and safe.
With reference to the current provided scenario that is of redevelopment of Millennium
Mill as Sustainable building, it can be said that main objective of this project is to acquire best
possible procurement methods as well as supply chain cycles which contributes in completion of
construction in sustainable nature. There will be considered about the appropriate procurement
method in context of contractual obligations. Execution of innovative procurement approach to
de- risk construction will be mentioned. Structure of UK economic in context of procurement
methods as well as supply chain matters will be discussed in the present report.
MAIN BODY
1) Procurement methods and implementation of innovative procurement approach to de- risk
construction
The project is concerned with the construction of a commercial premise wherein the
group floor would consist of shops, first floor would comprise of cultural and leisure space and
remaining floors consisting of residential along with gymnasium area. With respect to the