By Beverley M. Lloyd-Walker PhD, Derek H.T. Walker PhD MSc
Huge initiatives, particularly within the building and infrastructure sectors, contain collaborations of many differing types, akin to built-own-operate, public-private partnership, or aggressive discussion. This monograph info the authors’ study at the forms of collaborative initiatives. The examine undertaken for this booklet responds to the necessity for a taxonomy of relationship-based procurement techniques, a specific form of venture alliancing wanting standardization. innovations are made in response to interviews with 36 subject material specialists from a number of international locations, in addition to an in depth literature evaluate
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Extra resources for Collaborative Project Procurement Arrangements
The chapter is then summarized. Project Characteristics The Shenhar et al. Diamond Perspective: NCTP Shenhar (2001) argues that it would be a mistake to consider that there is a “one-size fits all” approach that is applicable to managing projects. This is relevant because we agree that project type has an impact on a series of strategic management factors, not least being procurement options. Shenhar departed from contingency theory developed by Lawrence and Lorsch (1967) to propose viewing project types based on scales of project scope and technological uncertainty.
For most projects, once they are sanctioned, they are very difficult to stop or substantially amend. This presents a serious limitation to PM and results in many project failures due to the weakness and vulnerability of sanctioning a project that cannot be stopped or substantially changed while being delivered (Klakegg, 2010). This insight lends weight to perceiving greater value in RBP approaches offering greater strategic flexibility over the delivery of projects and how scope, scale, and an ability to negotiate possible project termination if it becomes a strategic liability.
It was important for us to first explain the problem to be addressed. We also needed to clarify our position in terms of our worldview; what we perceive as being a valid ontological, epistemological, and axiological stance to take in researching this topic. We presented the research questions that logically flow from our worldview of the research problem, given our research perspective. Lastly, we indicated the literature that we felt was relevant to explore and to support conclusions made from this study.