Construction Procurement and Tendering

Introduction to Construction Procurement

3 Topics | 1 Quiz

Definition and importance of construction procurement

Key terms in procurement and tendering

Overview of the construction supply chain

Basics of Construction Procurement

Types of Procurement Methods

3 Topics | 1 Quiz

Traditional procurement method explained

Design and build procurement method

Management contracting and its use

Understanding Procurement Methods

Tendering Process Fundamentals

3 Topics | 1 Quiz

Steps in the construction tendering process

Invitation to tender and bid submissions

Evaluation and selection of tenders

Tendering Process Overview

Preparing Tender Documents

3 Topics | 1 Quiz

Essential documents in a tender package

Writing scope of work and specifications

Legal terms and conditions in tenders

Tender Documentation Essentials

Cost Estimation and Pricing

3 Topics | 1 Quiz

Principles of construction cost estimation

Pricing strategies for tenders

Managing cost risks in procurement

Costing and Pricing in Procurement

Supplier and Contractor Selection

3 Topics | 1 Quiz

Criteria for evaluating suppliers

Prequalification of contractors

Ethical considerations in selection

Supplier and Contractor Evaluation

Contract Types in Construction

3 Topics | 1 Quiz

Common construction contract types

Fixed price vs cost-plus contracts

Contract administration basics

Understanding Construction Contracts

Legal and Regulatory Framework

3 Topics | 1 Quiz

South African construction procurement laws

Compliance with tender regulations

Dispute resolution in procurement

Legal Aspects of Tendering

Tendering Challenges and Risk Management

3 Topics | 1 Quiz

Common challenges in tendering process

Identifying and managing procurement risks

Strategies for mitigating tender risks

Tendering Challenges and Risks

Practical Tendering and Procurement Skills

3 Topics | 1 Quiz

Preparing a successful tender submission

Best practices for procurement record keeping

Using technology in procurement processes

Applying Practical Procurement Skills

Costing and Pricing in Procurement

Construction Procurement and Tendering Cost Estimation and Pricing Costing and Pricing in Procurement

Costing and Pricing in Procurement

Time limit: 0

Quiz Summary

0 of 5 Questions completed

Questions:

Information

You have already completed the quiz before. Hence you can not start it again.

Quiz is loading…

You must sign in or sign up to start the quiz.

You must first complete the following:

Results

Quiz complete. Results are being recorded.

Results

0 of 5 Questions answered correctly

Your time:

Time has elapsed

You have reached 0 of 0 point(s), (0)

Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)

Categories

Not categorized 0%

1
2
3
4
5

Current
Review
Answered
Correct
Incorrect

Question 1 of 5

1. Question
What is essential for accurate construction cost estimation?
- Use detailed drawings and quantity take-
- Guesswork based on past projects
- Estimates without detailed specs
- Ignoring indirect costs
Correct

Incorrect
Question 2 of 5

2. Question
Which pricing method adds profit after calculating all costs?
- Cost-Plus Pricing
- Competitive Pricing
- Fixed Lump Sum
- Time and Materials Pricing
Correct

Incorrect
Question 3 of 5

3. Question
What mainly causes cost risks in procurement?
- Inaccurate initial cost estimation
- Overestimating project timelines
- Excessive profit margins
- Using standard contract forms
Correct

Incorrect
Question 4 of 5

4. Question
How does pricing impact tender success?
- Balances profitability and competitivene
- Always undercuts competitor prices
- Focuses only on lowest price offered
- Ignores project requirements
Correct

Incorrect
Question 5 of 5

5. Question
Which tool helps ensure estimates include all expenses?
- Detailed quantity take-offs
- General market price surveys
- Basic contractor experience
- Verbal supplier quotes
Correct

Incorrect

EduCourse

Learn. Complete. Achieve.

Email address Password

or

Continue with Google

Full Name Email address Password

or

Sign up with Google

1 Email

2 Code

3 New Password

Enter your email address and we will send you a 6-digit reset code.

Email address

✓ Email

2 Code

3 New Password

Enter the 6-digit code we sent to your email address.

Reset Code

✓ Email

✓ Code

3 New Password

Choose your new password below.

New Password

★ 4.7 Trustpilot Rating • ◉ 308,000+ learners already upskilling