Roles & Responsibilities
This person owns the project and provides funding.
Client/Owner
The traditional method where design and construction are separate.
Design-Bid-Build
This document invites contractors to submit bids.
RFP (Request for Proposal)
Prices suddenly spiking for materials like lumber or steel.
price escalation
This consultant ensures buildings follow Feng Shui.
Feng Shui Consultant
They design the project but aren't qualified for structural work.
Architect
"One-stop shopping" where one entity handles design and construction.
Design-Build
An itemized list of materials and labor costs.
Bill of Quantities (BOQ)
A supplier delivers late or provides subpar materials.
poor supplier reliability
In The Lego Movie, Lord Business hoards this procurement item.
Kragle (glue)
This professional estimates costs and prepares the Bill of Quantities.
Quantity Surveyor
A contractor builds and leases the project back to the client.
Private Finance
This process evaluates bids based on price and quality.
bid evaluation
When a client changes designs 50 times, this process fails.
change order process
A real contract fined contractors for this weather phenomenon.
rainbows
They manage the entire supply chain and negotiate with suppliers.
Procurement Manager
Multiple parties share risks and rewards in this collaborative method.
Joint Venture/Partnering
A clause that covers unpredictable events like rainbows delaying work.
force majeure
This tech shift is disrupting traditional procurement.
digital transformation
This rapper’s song mentions "contracts" and "big bids."
Jay-Z (in Empire State of Mind)
On megaprojects, this integrated team handles procurement.
EPC (Engineering, Procurement, Construction) Contractor
The contractor is responsible for everything from design to final delivery.
Turnkey Procurement
The legal professional who reviews contract disputes.
Contract Specialist/Legal Advisor
The Sydney Opera House’s budget tripled due to these.
procurement delays
The world’s most expensive project at $58B.
International Space Station