Administration and Procurement Essay Example | Topics and Well Written Essays - 1750 words

Administration and Procurement - Essay ExampleProcurement systems can be categorized asProject management is excluded as it is considered that a drop manager could be applied to any procural method. In other words, to dispel a green misconception, project management is not a procural method (Bennett, 1986, p. 5).The following criteria can be utilise to examine client requirements and experts preferences for the performance of each procurement method. NEDO (1985), Skitmore and Marsden (1988) and Singh (1990) suggest employing the following criteria to establish a visibility of the clients requirementsNEDO (1985) relates the characteristics of the most popular procurement methods used to a list of nine client priorities or needs. This technique, while useful as a guide in terms of eliminating unsuitable procurement methods from the available alternatives, is insufficiently sophisticated to enable a final decision to be taken as to the method charm for a building project (Masterman, 1992). Franks (1990) uses a rating system based on the ability of each procurement system to meet seven common satisfying criteria. A scale of 1-5 is used, where 1 is the minimum and 5 is the maximum. Masterman (1992) states that the use of this technique in determining clients needs is valid but is flawed with subjectivity. Skitmore and Marsden (1988) and Singh (1990) used the multi-attribute approach, which is a technique applied to measure a degree of objectivity to subjective areas. Both studies adapted the procurement path decision chart from NEDO (1985) to care the decision-making process. Bennett and Grice (1990) have undertaken similar work. Furthermore, Skitmore and Marsden (1988) applied concordance analysis and discriminant analysis to their theoretical framework. Concordance analysis is used to measure the consistency of experts ranking for each procurement against a set predetermined criterion. Discriminant analysis examined data collected under a set of criteria that are characteristics on