Decision Sciences
8 years ago

Clients Successfully Navigate Construction Procurement Risks Through Strategic Selection.

Engineering Construction & Architectural Management
Construction procurement routes: re‐defining the contours of construction procurement
John Tookey, Michael Murray, Cliff Hardcastle, David Langford

Paper Summary

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The article discusses different ways clients can choose to build things. Each way has its own good and bad points. It can be hard to pick the best way because there are risks involved. People have been studying how to reduce these risks by giving advice on which way to choose. The study looked at real projects and found that clients usually picked the right way to build things. If they didn't, they made changes to make it better.