Reengineering In Construction Industry

The existing problem in the construction industry, i.e. owner or client dissatisfaction in terms of prolonged delivery times, exceeded budgets and the non-attainment of quality standards. Real problems were substantiated by the emphasis on contractual responsibilities and risks. Construction investments are generally believed to be expensive. When contractual processes are in disarray, owners’ risks become bigger and more likely. It is obvious that owner dissatisfaction and its links to contracting and procurement processes need to be explored described and discussed. Hence, it focuses on the means of reducing owners’ investment and contractual risks in construction projects through the re-engineering of contracting processes. Keywords-constructionmanagement;reengineerin;,expert project group(epg); procurement processes;design and build(DB);PFI Private Finance Initiative PPP Public Private Partnership