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ISSN 2063-5346
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EXPLORING THE CHALLENGES OF PROCUREMENT IN HIGH-RISE CONSTRUCTION: A LITERATURE REVIEW

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Mr. Ammolh Anil Kulkarni , Mr. Abhijit N. Bhirud
» doi: 10.48047/ecb/2023.12.si5.295

Abstract

Any construction project's performance depends critically on the selection of the procurement method. Additionally, the choice of procurement method made by businesses in the construction sector determines a significant portion of their overall profitability and is crucial to the success of any building project. Construction firms evaluate several procurement methods and select the best one depending on critical characteristics such as available technology, money, topography, labour availability logistics, weather and services being rendered by vendors, suppliers, consultants. It's critical to understand the roles played by the parties involved in the building sector before examining the different types of procurement. A construction project typically involves five tasks: design, build, management, finance, and operation. Furthermore, the main parties involved in a construction contract include the Client, Consultant, and the Contractor, The conventional procurement framework has been in presence since the development of the building construction. It has worked its way up to the mark since its inception. However, in recent years, large and sophisticated undertakings have proven difficult to manage. The analysis of procurement frameworks and project success is intended to improve the viability of project procurement. Furthermore, hardly no research has been conducted in India to determine the relationship between procurement and project success or failure. This investigation fills this void because the use of its findings can improve and extend success in the Indian building business. The goal of this study was to investigate the effect of a procurement framework on the success of building jobs. Four significant discoveries were made as a result of the literature research and the investigation of the study findings, as follows. To begin with, despite its multiple limitations, the traditional procurement framework remains the most well-known and connected structure in the Indian construction business.

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