Construction Procurement: Analysing Impacts and Innovative Ecosystem for Mega Infrastructure Projects

This report analyses the impacts of various elements on the procurement of mega structure projects at local, national, and international levels. It discusses the sustainability agenda, carbon financing, COVID-19 pandemic, politics, corruption, and Chinese financing. The report also suggests an innovative procurement ecosystem for mega infrastructure projects in the UK to achieve superior value for money.

CONSTRUCTION PROCUREMENT

 INTRODUCTION
 MAIN BODY
 ANALYSING THE IMPACTS OF THE GIVEN ELEMENTS OVER THE PROCUREMENT OF MEGA
STRUCTURE PROJECT AT THE LOCAL, NATIONAL AND INTERNATIONAL LEVE
 SUSTAINABILITY AGENDA
 CARBON FINANCING
 COVID 19 PANDEMIC
 POLITICS
 CORRUPTION
 CHINESE FINANCING
 INNOVATIVE PROCUREMENT ECOSYSTEM FOR MEGA INFRASTRUCTURE PROJECTS IN THE UK IN
PURSUANCE OF SUPERIOR VALUE FOR MONEY (VFM)
 CONCLUSION
 REFERENCES
TABLE OF CONTENTS

 Procurement refers to the process of acquiring goods and services in order to
complete the selected project.
 The type of procurement is depends upon the type of project.
 This report will illustrate the concept of arranging procurement in mega
structure projects.
 These projects are considered as the big project that requires large amount of
investment.
 Therefore, the procurement of such projects consist more time and cost.
INTRODUCTION

 Sustainability Agenda: It refers to making commitment regarding the
environment, social, economical and ethical aspect.
 The sustainability agenda suggest that the environment should not get the
harm in relation of completion of the projects.
 As the resources that is required for the mega project are acquired from the
nature.
 The restriction over using more natural resources in arranging the
procurement leads to the less availability of the raw material for the
completion of project.
MAIN BODY
ANALYSING THE IMPACTS OF THE GIVEN ELEMENTS OVER THE PROCUREMENT OF MEGA
STRUCTURE PROJECT AT THE LOCAL, NATIONAL AND INTERNATIONAL LEVEL

 It refers to the purchasing of the green house emission in order to reduce
the environmental haems.
 It is linked with the process of sustainability.
 As it ensures the effectiveness in the environment.
 The carbon financing has been introduced by world bank.
 The world bank provides the investment to the business in order to buy
green house emission that mitigates the risk of environment.
 Mega projects are the wider project which requires the huge amount of
budget. The cost of raw materials indicates the over all cost of the project.
CARBON FINANCING

 The pandemic has impacted in drastic manner over the procurement
arrangement.
 At the time of COVID, the social distancing has given the priority in order to
ensure the protection of the people.
 The movement of resources from one country to another gets the pause.
 As it has been known that there is uneven distribution of the resources in the
world. Therefore, the economies are interdependent for acquiring the
resources. But due to COVID the transportation has been stopped and it
affected the supply of raw materials.
 The mega structure projects get the pause as well.
COVID 19 PANDEMIC

 The politics has been considered as one of the important aspect that
affects the procurement arrangement of the mega structure project.
 The government makes the investment for the mega project. And the
procurement arrangement of the project is depends upon the
government budget that has been sign by the government for the
particular mega project.
 The political instability leads to affect the international supply chain.
For example: The BREXIT is affecting the procurement strategies.
POLITICS

 Its all above refers to includes such factors like criminal
aspects, offensive activities on legal framework by individual
human being or group of people.
 And it directly damages the structure and planning with bad
manner.
 Consideration about this term make sure that project manager
when decide to implement new project related to financial
aspects they do have to develop safety and security for control
on corruption activity.
CORRUPTION

 China market is one of the most stable in financial, technology
and multiple aspects.
 Chinese financial mainly refers to provide fund availability
when mega infrastructure decide to expand business at
international or global area.
 China has power to provide large amount fund facilities in
project for performing task.
 But it takes large amount of interest and its agreement of fund
is also not easier as well.
CHINESE FINANCING

 Procurement ecosystem mainly refers to includes activities which evaluate and
prepare by identification of external an internal element identification.
 And selection of the best alternative and making creative decision for project
long term sustainability.
 Value for money is essential concept for managing cost-effectiveness
development with proper consideration of essential things and resource
investment for procurement activity completion.
INNOVATIVE PROCUREMENT ECOSYSTEM FOR MEGA INFRASTRUCTURE PROJECTS IN THE UK IN PURSUANCE OF SUPERIOR VALUE FOR MONEY (VFM)

 Procurement ecosystem
CONTINUE..
Needs Explanation
Expansion of fairness, effectiveness and
transparency
Mega infrastructure and construction activity
mainly depends on government decision-
making and it also prepares by government for
new project development like government
decide that it develop connectivity throughout
the air service expansion, so government has
responsibility to engage raw material, higher
new employee and many more essential
aspects with quality involvement. Engage
transparency and effectiveness with hire
sustainable human resource which has great
idea about managing given task (Song and
et.al., 2021).

Need Explanation
Support of employee for centric procurement administration and
application
Consider providing support which means engagement of employee is
effective but its essential and ensure to gives them training for specific
task completion on effective manner. In context of value for money is
an engaged candidate for construction its import to provide them
training and important skills for better performance and completion of
task with sustainable pattern.
Changes involvement on the basis or requirement identification Identification of human behaviour and raw material activities its
essential to evaluate that individual performing their task with good
manner and individual human not develop interest when leaders
clearly identify that they don't have potential to do task with suitable
manner then leader or project manager has responsibility to remove
unnecessary resources who have not capability to completion of task
with great manner.

Need Explanation
Expanded new resource which improve quality and consistency in
project completion
Reduce time limit of work, motivate towards with work, expansion
of new and essential facilities into project, quality check and if
require new resource for more efficiency in procurement according
to requirement basis. Application of new and essential resources
defiantly provides long term substantiality in project completion.
Identified the global trend towards higher effectiveness in ecosystem
procurement process.
Consistency identify external forces which not influence activity of
manufacturing and construction activity. Changes in global market
performance which influence activity of procurement activity so
knowledge about this term project manager and team has responsibly
to gives knowledge about how to managing and performing task with
involvement of new practices and its mostly happen when global
transportation, interest, fund flow, cost structure, financial activities
changes in by variation in inflation rate.

 From the above report it has been concluded that, the procurement
arrangement gets affected by the numerous factors.
 The impact towards the procurement arrangement leads to influence the
cost of raw materials.
 As a result, the over all production cost of the mega structure project
increases.
 The report has described the certain elements that are affecting the
procurement strategy of the mega structure projects. The effective
understanding of all those factors leads to develop the effective
procurement strategies for the mega structure project.
CONCLUSION

 A Bastianin, A. and Del Bo, C.F., 2019. Procurement in Big Science Centres: politics or
technology? Evidence from CERN. University of Milan Bicocca Department of Economics,
Management and Statistics Working Paper. (410).
 Cardwell, R. and Ghazalian, P.L., 2020. COVID-19 and International Food Assistance:
Policy proposals to keep food flowing. World Development. 135. p.105059.
 Dolla, T. and Laishram, B.S., 2018. Procurement of low carbon municipal solid waste
infrastructure in India through public-private partnerships. Built Environment Project and
Asset Management.
REFERENCES