16070 Advanced Procurement Methods
6cpUndergraduate
This subject consolidates and extends students' understanding of procurement methods in the construction industry, introduced in earlier subjects. Topics include: innovative and emerging methods of procuring built facilities; risk allocation; innovative project financing options; supply chain management; lean construction; evaluation and selection of procurements for different types of projects, such as design-build, build, operate and transfer (BOT), build, own, operate and transfer (BOOT), partnering, alliance contracts and public-private partnership (PPP).