International Journal of Recent Trends in Engineering & Research

online ISSN

Evaluation of material procurement process in construction industry

Publication Date : 01/04/2016

Author(s) :

E.Kohilambal , Dr.P.S.Kothai , M.Mohana Priya.

Volume/Issue :
Volume 2
Issue 3
(04 - 2016)

Abstract :

Construction industry has changed significantly over the past several years. It is an industry driven primarily by personal investors; the presence of securitized real estate has increased considerably. Procurement policies significantly influence the victory of construction projects since they are designed to provide solutions to specific project needs or conditions. The construction industry was analyzed with particular emphasis on public sector procurement. The general methodology of this study relies principally on the appraisal questionnaire which was collected from the local building contractors of altered sizes by mail or by personnel meeting. Thorough literature review is initially conducted to identify the risk factors that change the concert of construction industry as a whole. The questionnaire prepared for the review was formulate by seeing the relevant literatures in the area of procurement management. A significant number of the survey respondents believe that performance of projects could be improved using alternative or hybrid procurement strategies. This paper offered recommendations in order to mitigate or reduce completely the challenges and complexities faced by the organizations.

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