Cone - Blueprints and Beyond

  Construction projects are complex and involve a diverse group of individuals and organizations who have a vested interest in the project's success. These individuals and organizations are known as stakeholders. Understanding the role and importance of stakeholders is essential for ensuring the successful delivery of construction projects. Who are Construction Project Stakeholders? Construction project stakeholders can be broadly categorized into two groups: internal and external stakeholders. Internal stakeholders include individuals or groups within the organization responsible for the project's delivery, such as project managers, architects, engineers, and contractors. External stakeholders include individuals or groups outside the organization who have an interest in the project's outcome, such as clients, regulatory bodies, local authorities, and the general public. The Role of Construction Project Stakeholders Stakeholders play a critical role in the construction pro...

  When it comes to procurement, there are several stages involved in the process of selecting a supplier or contractor. One of the most critical aspects of this process is ensuring that the chosen supplier is capable of meeting the requirements of the organization. To achieve this, there are typically five main stages prior to contract award. In this article, we will explore each of these stages and evaluate their importance in the procurement process. Prequalification Stage The pre-qualification stage involves identifying and evaluating potential suppliers or contractors based on their capabilities, experience, and financial standing. This stage helps to ensure that only suppliers who are capable of meeting the requirements of the organization are invited to participate in the tender process. This stage is crucial as it helps to reduce the number of unqualified bidders, which can save time and resources during the tendering process. Invitation to Tender The invitation to tender is...