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Ethics & Professional Practice Report 2022

   

Added on  2022-10-11

15 Pages2722 Words12 Views
Running head: Ethics & Professional Practice 1
Ethics & Professional Practice
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Ethics & Professional Practice 2
Executive Summary
The report describes how it is essential to select a suitable procurement method while planning
and constructing a project. Both traditional and modern procurement methods are discussed in
details. One of the conventional approaches is the Design and Build (DB) method. Current
methods discussed are Public-Private Partnership (PPP), and Integrated Project Delivery (IPD)
procurement methods. Another covered section is advantages and disadvantages of each
methods. In each procurement method, it involves the interaction of different parties like
developers (owner), designers, contractors, sub-contractors, and the end-users of the project.
Therefore, all these entities will benefit or face challenges while the project is in the process of
construction or after the project is completed. The report has discussed the benefits and
challenges of each. Finally, the recommendation on the best method to be adapted accordingly is
selected.

Ethics & Professional Practice 3
Table of Contents
Introduction.................................................................................................................. 3
1st Procurement method: Design and Build Method...............................................................4
Advantages and disadvantages....................................................................................... 5
Benefits and problems for stakeholders........................................................................... 5
2dn Procurement method: Public-Private Partnerships (PPP)..................................................5
Advantages and disadvantages....................................................................................... 7
Benefits and difficulties for stakeholders..........................................................................7
3rd Procurement method: Integrated Project Delivery............................................................8
Advantages and disadvantages....................................................................................... 9
Benefits and problems for stakeholders.........................................................................10
Compare and Contrast discussed procurement method.......................................................11
Recommendation.......................................................................................................... 12
Conclusion.................................................................................................................. 13
References.................................................................................................................. 14
Introduction
Supply chain concept is essential to the construction project. Procurement has different
techniques which are used to develop a successful project using different procurement methods.
Therefore, it is vital to choose a procurement method wisely to have a successful project. The
right procurement method will facilitate profit-making in the project, thus achieving project

Ethics & Professional Practice 4
goals effectively. In simple terms, procurement within a project concept, it means purchasing of
goods and services in a complete way (Sivakumaran and Perera, 2018). In a construction project,
a good relationship between different parties is important. The involved parties include
developer who is the client, the builder, the consultant, the sub-contractors, and the end-user. All
these parties must be under consideration to have effective completion of construction projects
which meets all objectives. In this report, three procurement methods are discussed alongside
other related factors which affect the parties mentioned above. These methods includes one
traditional (conventional) procurement method and other two procurement methods (Mosley and
Bubshait, 2019). These include Design and Build Procurement Method, Project Alliancing (PA),
Public-Private Partnership (PPP), and Integrated Project Delivery (IPD).
1st Procurement method: Design and Build Procurement Method
Design and Build techniques facilitate project tracking procedures. The method has a fixed cost
towards the price of offer. One point of communication is set out to facilities smooth
communication line and avoid misunderstanding. The client, through the use of this method,
experiences low-risk rate, thus encourages the contractor to be fully responsible for the
requirements. The contractor, under this method, can manage the costs of material, therefore
encourages the use of quality and quantity materials. In another word, the contractor receives the
total amount of the construction cost, thus being responsible for all risks present (Ding et al.
2018).

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