The study aims to determine [hypothesis] whether the procurement strategies chosen by the ODA (Olympic Delivery Authority) are the right choice for delivering the two main venues in the Olympic Park in time, on budget and to the required quality.
In order to answer this question, the approach of this study is to undertake extensive research in the subject area of construction procurement and to identify best practice in making procurement decisions for a project. In particular, the procurement strategies chosen by the ODA will be researched and their shortcomings identified. Based on this theoretical framework, the author will be able to undertake a systematic analysis of the decisions made by the ODA to procure the two most prestigious venues in the Olympic Park.
As a main part of this analysis the author will conduct semi- structured interviews with key people involved in the Olympics and with experts of ¿the industry. Both the literature review and the interviews will help to achieve the main research objectives of this study, which are summarised below:
. Obtain a better understanding of construction procurement and the key areas affecting the project success
. Identify best practice in selecting a procurement method and to make out the pitfalls and the shortcomings of the procurement strategies that are used for both venues
. Understand why these procurement decisions were made and identify if best practice was followed by the ODA during its procurement process and if the pitfalls of the chosen strategies were counteracted
. Determine if the chosen procurement strategies fit the client & the project
