What are key characteristics of construction industry

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Reference no: EM133550007

Procurement in the Construction Industry: A Case Study of Hong Kong

Discussion Questions

1. What are the key characteristics of the construction industry in Hong Kong, and how do these characteristics impact procurement practices in the industry?

2. What procurement strategies were used in the Airport Core Program and the West Rail Project, and how were these strategies tailored to the specific needs of these projects?

3. What are the benefits and drawbacks of the different procurement strategies used in the construction industry, and how can companies determine which strategy is best suited to their needs?

4. How can effective procurement strategies help to achieve project success in the construction industry, and what are some common challenges that companies may face in implementing these strategies?

5. What lessons can be learned from the case study, and how can these lessons be applied to other industries and contexts?

Reference no: EM133550007

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