(Q5.'Traditional' methods of project procurement have no further use Essay

(Q5.Traditional methods of project procurement have no further use within red-brick construction procurement is this so Discuss) - Essay ExampleTraditional methods of procurement have been the source of an enormous debate in regard to their present-day(prenominal) suitability peculiarly in this modern era. Are they of any use or not? The paper will examine whether the statement that they have no use for the current construction procurement is right.It has been stated by Adenuga (2013) that the traditional technique of project procurement involves a group of specialized consultants entering into a contractual exhibition with the contractor and the client. The group of specialized consultants may constitute quantity surveyors, engineers, and other professionals. Their role is to oversee the contractor, who works on the real construction, and deliver a adequate design. Normally, the specialized consultants ply their trade in different corporations. However, they come together and offer their expertise to the client for a certain measuring rod of money. The agreed amount is made possible by the bills of quantities. The contractor gets the work after going through a competitive bidding process. In addition, the contractor and the design kindle be conducted at the same time up to a certain point. However, the cost know-how is not estimated accurately. Under this method, there are cost reimbursement, lump sum, and measuring rod contracts. The total cost of the contract can be assessed as per the definite materials, labor, and plant cost it can be done before the beginning of the construction through an agreement or after the construction is complete respectively (Davis, et al., 2008).Do the traditional methods of project procurement have no use in the current procurement method? To determine if this is so, the pros and cons of the traditional forms of project procurement are examined. Under the pros, the client regulates the specialized group of consultants w orking on the design. many another(prenominal) clients may have familiarity with the methods. The