Determining the Performance of Procurement Methods against Selection Criteria using Outranking - Satisfying Methodology.

Okunlola, Ojo Stephen; Johnson, Ikpo Imeh

doi:10.32738/jeppm.201307.0004

Cited by 6 publications

(3 citation statements)

References 19 publications

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“…Similarly, for Model 2, R 2 =0.66 and F(5, 80)=31.12 and p-value of less than 0.01 (0.00), the results indicate that combined as a group, 'firm size' together with the other organisational characteristics of 'Firm experience', 'Organisational Finance structure', 'Nature of works carried out and 'Procurement method widely adopted in delivering projects are significant predictors of firms' CFF process capabilities. This corroborates the findings of Okunlola and Johnson (2013) that unless appropriate procurement routes are selected, project objectives are not likely to be achieved. This is because effective management of several project fundamentals (e.g cash flow) depends on the right choice of procurement method.…”

Section: Testing Relationships: Hierarchical Regression Analysissupporting

confidence: 87%

Effects of Organisational Characteristics on Contractors’ Construction Cash Flow Forecasting Capabilities

Abdullahi¹,

Ibrahim²,

Ibrahim³

et al. 2017

EPPM-Journal

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Inadequate cash resources resulting from poor cash flows have been among the fundamental causes of construction project failures. Despite the panoply of cash flow forecasting (CFF) tools, the cash flow performance of many construction firms have been reported to be poor due weak Cash flow forecasting (CFF) process capabilities influenced by a couple of organisational characteristics. Although these organisational characteristics have been reported to significantly influence firms' CFF process capabilities, the underlying mechanisms of how these organisational features and characteristics exhibit their specific influences on the cash flow forecasting capabilities of construction firms still remains underexplored. Therefore, this study aims at empirically exploring the influence of some organisation characteristics on the CFF process capabilities of construction firms. Best practices in CFF identified from the Royal Institute of Chartered Surveyors (RICS) Cash Flow Forecasting (CFF) guide were used to develop an assessment criteria used to assess the CFF capabilities of construction firms. The assessment was conducted through a questionnaire survey involving contracting organisations involved in both building and civil engineering works in Nigeria. The key best practices in CFF were ranked based on arithmetic mean value scores and averages were also determined for each of the four CFF components assessed (Knowledge and understanding CFF concepts and principles, Practical application, Practical considerations, and other Managerial issues). Hierarchical regression analysis was then used to examine the relationships between contractors'' CFF process capabilities and some organisational characteristics. Results of the study reveals that organisational characteristics are strongly associated to firms' abilities to prudently manage cash flows. The results of this study could serve as a basis for the strategic planning and improvement of Cash Flow Forecasting process by contractors in Nigeria.

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Section: Testing Relationships: Hierarchical Regression Analysissupporting

confidence: 87%

Effects of Organisational Characteristics on Contractors’ Construction Cash Flow Forecasting Capabilities

Abdullahi¹,

Ibrahim²,

Ibrahim³

et al. 2017

EPPM-Journal

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show abstract

“…Their research attempts to identify the factors influencing the choice of procurement methods. With the same aim, a survey [48] chooses distinct groups of the study population: consultants (architects, surveyors, engineers, and builders), clients, and contractors. We assumed the geographical location provides diverse participants in the studies.…”

Section: Psc Identification Processmentioning

confidence: 99%

Construction Procurement Selection Criteria: A Review and Research Agenda

2022

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This paper presents a comprehensive literature review that addresses procurement selection criteria associated with procurement system evaluation in the construction sector. The aim is to consolidate the knowledge of construction procurement selection criteria (PSC) and provide future research directions. A systematic literature review (SLR) of 37 peer-reviewed journal articles from 1998 to 2019 in the construction procurement system selection process is carried out to understand the extant theoretical and practical foundations of the field. Two hundred fifty-six PSC have been identified. Descriptive and material analysis reveals (1) PSC evolved to match the promotion of emerging procurement systems in the construction industry; (2) three emerging themes of PSC have been identified, namely procurement systems, decision aid tools, and PSC identification methods; (3) PSC could be classified into generic criteria and unique criteria; (4) geographic location may not have a significant impact on the choice of procurement systems. This work identifies and discusses potential research interests in improving PSC identification. The research path, current trends, and future research directions in construction procurement selection are revealed. The paper provides the foundation and impetus for further investigation into procurement system selection practices.

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“…The Main Contractor (MC) concentrates efforts towards organisational management to meet the needs of the client while the SC specialises in particular project aspects to meet the needs of the MC (Jamieson et al, 1996). Clients demand the most appropriate method of procurement and strategy to mitigate the effects of time and cost overruns on construction projects and continue towards success (Okunlola and Johnson, 2013) while the MC may adopt a less sophisticated approach to the procurement of the SC. Artto et al, (2008) emphasised that the MC needs to focus on inter-organizational relationships and not just focus on the individual SC's capabilities.…”

Section: Introductionmentioning

confidence: 99%

Management of Interface between Main Contractor and Subcontractors for Successful Project Outcomes

White¹,

Marasini

2014

EPPM-Journal

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There has been increased dependence on subcontracting within the construction industry, the operational relationship between the Main Contractor (MC) and Subcontractor (SC) plays a significant role in successful delivery of projects. Through the literature review this paper argues that despite SCs bring added value to construction projects, the increased reliance on SCs has strained relationships between the MC and SC. Also MCs are more concerned with risk and price reduction which undermine the relationship heavily. Current practices in the construction industry in managing SCs were evaluated through a case study and semi-structured interviews. A questionnaire survey was used to investigate the ways of facilitating the interface between the MC and SC in general. The study highlighted that prevailing adverse relationships and culture in the industry are influencing the success of construction projects. The lack of trust is a key factor affecting the relationships between MC and SCs. However, the proactive involvement of the MC with SCs in maintaining continuity of the team from procurement to construction stage and transparency in the processes were key success factors for successful completion of the project.

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Determining the Performance of Procurement Methods against Selection Criteria using Outranking - Satisfying Methodology.

Cited by 6 publications

References 19 publications

Effects of Organisational Characteristics on Contractors’ Construction Cash Flow Forecasting Capabilities

Effects of Organisational Characteristics on Contractors’ Construction Cash Flow Forecasting Capabilities

Construction Procurement Selection Criteria: A Review and Research Agenda

Management of Interface between Main Contractor and Subcontractors for Successful Project Outcomes

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