Barriers in procurement of mega projects


Assignment Description:

Problem:

It is in this regard that the Oman Investment Fund, one of the key bodies of the Omani Ministry of Finance, which works with various government departments to provide independent assurance and improving the way management and delivery of major projects is conducted has requested you to write a report on procurement of mega projects. This is to enable them create a central knowledge base that collects state-of-the-art research findings on the subject. The intentions are that new research findings in turn will assist in stimulating further research and discussion in the area and also provide some useful procurement guidance for practitioners. The Oman Investment Fundhas stated that a diligent assessment of procurement alternatives is a prerequisite to assure Value for Money(VfM) in mega projects.

Thus, in this report, you have been requested in your capacity as a Construction Procurement Consultant to critically discuss:

1) The key drivers of mega projects commonly found worldwide;

2) The barriers in procurement of mega projects globally and particularly in Oman;

3) The Critical Success Factors(CSFs) in the procurement process for mega projects; and

4) Your outline proposal of an innovative procurement ecosystem of mega projects in Oman in pursuance of superior Value for Money (VfM).

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Project Management: Barriers in procurement of mega projects
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