Project Strategy and the Leadership Culture for a large construction project - Assignment Example

When developing a strategy for procurement, it is essential to consider all the factors that are vital to the project such as the project objectives, resources that are available, the total budget and the project duration. The assessment of these factors will ensure that the team has a tailor made procurement plan that contributes towards the project’s objectives. Before any purchase is made, the procuring officer must be able to answer the question as to why that item is being purchased, and if it is the most cost-effective option.

All options must be considered, and, since there are some items that can be prepared on site, it is important to consider all available options. An example is concrete. Some companies sell concrete that is ready for use and is delivered to the site in trucks. However, the project managers can decide to buy cement separately and mix it at the site for use (Ward, 2009). All these options have to be considered so that the supervisors find one that is not only cost effective but also saves on labor cost, time and use of mechanical equipment.

Sustainability is also a factor that determines the duration for which we keep up with certain purchases. Considering the budget allocated, we should be able to determine whether our procurement decision can be supported in the long run. An important factor in the procurement process is finding suppliers. Suppliers are weighed based on various standards such as reliability and the cost. The procurement process should be done in a cost-effective manner that saves on the estimated figures. This can be done by identifying suppliers who are inexpensive.

However, this is not the only measure of a good supplier.Reliability is equally important when it comes to choosing a supplier of choice. A good supplier must be able to supply high quality products within the required time and at an affordable cost; it does not have to be the cheapest option. It is acceptable to pay slightly more