Understand Construction Procurement & Contract Practice
Procurement Routes & Payment Methods in Construction Projects.
4.35 (188 reviews)
774
students
2 hours
content
Jun 2017
last update
$39.99
regular price
What you will learn
Understand the need for construction projects to develop procurement strategy.
Role of Client in procurement.
Basic characteristics, strengths, weaknesses of various procurement routes.
Traditional and Advanced Procurement Routes
Different types of Payment methods in construction
Client and Contractor risks associated with procurement routes
Design & Build, Management Routes, EPC route, Two Stage Tendering etc.
Appropriateness of Procurement Route according to client objectives.
Why take this course?
This course provide the context in which construction procurement takes place. It examines the need of procurement methods in construction. It also reviews procurement routes commonly used worldwide such as Design and Build,Construction Management and the situations in which their use is appropriate and the client objectives they should respond to. It also discusses how risks are distributed among various parties. The course also discusses advanced procurement routes such as PPP, EPC Turnkey etc.Finally it discusses how payments are made in construction and various payment methods, risks associated with these payment methods and how they affect contractor to innovate.
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Reviews
Nasiveli
February 18, 2022
Great course, clear and concise on the delivery! I personally like that there is no background music and moving images as other courses use, which is hindering the learning.
Nourane
May 8, 2021
I am super amazed of the tonnes of information am gaining, which are actually useful and easily explained.
Mithra
September 2, 2020
I had no realized that procurement process basically meant different tendering process and contract types. Slightly disappointed on that end, but the teaching and content was excellent !
Nancy
July 31, 2020
The course was informative and a good match for me to understand the Procurement & Contract Practices followed in the Real Estate Industry. Was detailed with skill checks t assess one's knowledge on the topic reviewed
Jonathan
May 15, 2020
The explanation of the routes and explanation of the methods could be broken up and explained each and with more time on the subject, the sessions are to short and to fast for most to grasp it unless you have experience already or some sort of idea behind what the lecturer is referring to. Slow it down slightly.
Madhu
April 28, 2020
Very well designed course to understand the topic. Learnt new things required for the industry. Thank you.
Sherif
April 14, 2020
the course is actually well made and I think it will help me in my work. Nevertheless, the auteur need to work on pronunciation as it was sometimes difficult to understand certain terms. Also, It would have been nice to have more examples of each method and route for better understanding.
Thomas
March 14, 2019
The information was what I was looking for. The presenter gave a high-level taxonomy of the different procurement routes and payment methods used in construction. It is very useful to give some form to my discussions of risk allocation, client-contractor relationship, and other issues (as my role expands my need to communicate the relevance of these).
My only point for improvement would be to provide more detail, or more examples. I understand however, that this would lengthen the course significantly (and reduce its general applicability).
Overall, a great overview.
Jamal
June 23, 2018
Good introduction for procurement staff @ client side and helps staff @ construction field better understanding of client approach.
10USD is fair for such MOOC type course.
Thomas
March 22, 2018
This course was quick but offered good value -- It is what you make it! The instructor was clear in his explanations and easy to understand. The subject matter was thoroughly explained, but could have benefited from more real-world examples.
Kemi
March 21, 2018
I am new to the construction sector. I have fragmented understanding of this sector but this course has helped me consolidate my understanding. The tutor is expericeied and knowledgeable (in-depth, concise and comprehensive delivery) the pace was fantastic and the sequence in which the course was delivered is second to none.
Thank you, Umer
Mahmoud
November 24, 2017
The course is well explained but would benefit from more practical examples.
Overall very informative,
Thank you
Dean
September 13, 2017
Instructor Umer Mushtaq Lone has a helpful approach in learning construction procurement. Highly recommend all of his classes
Okonkwo
August 10, 2017
This is a complete for course for Engineers into construction, procurement and engineering. I am delighted to have completed this course. I learnt alot of concepts to apply in the construction - procurement industry. Thank you Umer (Instructor)
Francisco
August 10, 2017
The course is clear and exposes the common management situations and payment methods in the construction world. From its analysis I believe that allows us to successfully customize the negotiations between the parties involved in a project.
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1222428
udemy ID
5/19/2017
course created date
11/23/2019
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