Major Project Procurement has become a fundamental strategic function within organisations.
It is a vital element to get right if a business is to succeed in the long term, especially during challenging times.
The challenge for organisations is to be more strategic in their approach to major project procurement with the ultimate goal being to ensure you obtain value for money outcomes from your procurement activities and set up the project for success.
In order to achieve this, it is important for organisations to focus on the following 5 key elements that are essential to get right in order to deliver a successful major project procurement project.
Major Project Procurement has become a fundamental strategic function within organisations.
It is a vital element to get right if a business is to succeed in the long term, especially during challenging times. The challenge for organisations is to be more strategic in their approach to major project procurement with the ultimate goal being to ensure you obtain value for money outcomes from your procurement activities and set up the project for success.
In order to achieve this, it is important for organisations to focus on the following 5 key elements that are essential to get right in order to deliver a successful major project procurement project.
BRS can assist clients to deliver on the 5 key elements to procurement by assisting organisations to become more strategic in their approach to major project procurement and embed robust procurement practices that ensure a balance between the meeting of probity requirements, managing risk, and operating efficiently.
BRS can provide the following procurement services to our clients:
- Delivery and Procurement Models – Assist to design and select the right commercial delivery and procurement model for the design and management of projects, based on the key drivers for the project and managing the key risks and opportunities
- Tenders and Expressions of Interest – Provide commercial advice on how to structure tenders and conditions of contract to minimise expenditure and obtain maximum value from your service providers. Provide advice on how to structure tender process to deliver best outcomes
- Tender Evaluation – Assist with developing your tender evaluation process to identify the right service providers for your projects. Participate in the evaluation panel of your strategic projects to assist in identifying the right provider who will partner with you based on your criteria. Assist your team in understanding the key risks and commercial implications associated with potential bids
- Tender Analysis – Assist with the review of tender submissions against a weighted average evaluation criteria and evaluation plans to ensure you are ‘comparing apples with apples’ and incorporating all elements of tender responses
- Procurement Reviews – Reviews of procurement processes to assess when your organisation should use tenders, panels, direct purchases or other procurement techniques. It aims to ensure that procurement activities balance risk and probity against efficiency as well as looking to identify procurement strategies that save time and money for your organisation
Find out how to deliver better value for money outcomes through major project procurement
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