Transcription of A REPORT EXPLORING PROCUREMENT IN THE …
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The Chartered A REPORT EXPLORING PROCUREMENT . IN THE CONSTRUCTION INDUSTRY. Institute of Building The Chartered Institute of Building (CIOB) represents for the public benefit the most diverse set of professionals in the construction industry. Our Mission: We have over 46,000. To contribute to the creation of a modern, progressive, members around the world and responsible construction industry; able to meet the economic, environmental and social challenges faced and are considered to be the in the 21st century. international voice of the building professional, representing an Our 7 Guiding Principles: unequalled body of knowledge n Creating extraordinary people through professional learning and continuous professional development. concerning the management n Promoting the built environment as central to of the total building process.
of timeframes, or to a poor standard. 93% of respondents have been involved in projects that overran in terms of cost. 57% of those who had been involved in those projects believed that the chosen procurement method directly contributed to the cost overruns. Similarly, 94% have been involved on projects that overran in terms of time.
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