An Assessment of Procurement Procedures on Project Cost Performance: A Case Study of Cape Coast Metropolitan Assembly.
Abstract
Procurement procedure adopted hugely influences the overall cost of the project. To address such concerns, this study sought to assess the effects of procurement procedures on project cost performance in the Cape Coast Metropolitan Assembly. Using snowball sampling technique, a total 70 questionnaires were administered to management staff, finance officers, planning officers and engineers’ in various departments in the assembly. 60 completed questionnaires collected from the survey were analyzed using relative importance index. The findings revealed ensuring price competition, enhances transparency and ensures accountability as the most significant impacts of procurement procedures on project cot performance. Also, design and build and two-stage procedure procurement approaches were considered by the respondents as the most important procurement procedures. The findings and recommendations of this study may be beneficial to procurement professionals and policy makers who are in search of innovative means to improve project cost performance. It is recommended that further research could be conducted on examining the relationships among the various significant procurement procedures through a structural equation modelling.
Description
A Thesis submitted to the Department of Building Technology,
College of Art and Built Environment
in partial fulfilment of the requirements for the degree of Master of Science,