Best Value Performance Information Procurement System (Best Value PIPS)

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Best Value Performance Information Procurement System (Best Value PIPS)
Syed Nihas, Student (University), United States, Member
In this article I try to portray my experiences with a revolutionary business model that has been used most frequently in the procurement of construction and services.
It is a business model and procurement system that has had amazing implications with regard to reduction of time and cost of construction projects. The construction industry in the Netherlands saw the project time and cost cutting down by almost half after applying this model to their projects. It just about proved to be the catalyst the industry needed in order to perform. This model is now gaining even more prominence, as its application continues to spread across more countries. Currently, I have the opportunity to work on this model and contribute to future research as well. I work with a group of researchers and educators at Arizona State University who have been developing tools and processes to improve the procurement and delivery of projects and services, as well as measurement of internal operations and per...Sign up

Best Value Performance Information Procurement System
Keen, Management Consultant, Australia, Member
This is not mind blowing stuff yet it is represented as a "revolutionary new model".
It also assumes a competitive market for vendor selection wh...Sign up

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