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Does Design & build or Management Procurement methods or strategies can improve the system of traditional procurement method. why ? and what ? and How ?

Does Design & build or Management Procurement methods or strategies can improve the system of traditional procurement method. why ? and what ? and How ?

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter9: Applications Of Cost Theory
Section: Chapter Questions
Problem 2.1CE
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 Does Design & build or Management Procurement methods or strategies can improve the system of traditional procurement method. why ? and what ? and How ? 

Thank you helping me  thank a lot  hope i can get those ans 

(ps : the below is traditional procurement Method dis )

 

List the disadvantages (min 5 points) of traditional procurement approach Traditional procurement refers to the process of procuring materials, that separates designs from the construction Follewing are the disadvantages of the traditional method of the procurement: It is a time-consuming process as it relies heavily on the physical involvement of individuals to get the work done. Traditional procurement involves the culmination of repetitive tasks that leads to a decline in overall efficiency. The traditional procurement method doesn't go well in a market structure that is dynamic, due to its rigid approach. This procurement method increases the duration of the project or may lead to delayed delivery, because of low efficiency. This process doesn't take any input from the contractors into the process of design. The ideal way to overcome these challenges is to transform the approach from manual t automation, such as e-procurement software. This will lead to increased speed in automation and save time and effort. The e-procurement is highly transparent method, as it keeps a clear automated record of the process.
Transcribed Image Text:List the disadvantages (min 5 points) of traditional procurement approach Traditional procurement refers to the process of procuring materials, that separates designs from the construction Follewing are the disadvantages of the traditional method of the procurement: It is a time-consuming process as it relies heavily on the physical involvement of individuals to get the work done. Traditional procurement involves the culmination of repetitive tasks that leads to a decline in overall efficiency. The traditional procurement method doesn't go well in a market structure that is dynamic, due to its rigid approach. This procurement method increases the duration of the project or may lead to delayed delivery, because of low efficiency. This process doesn't take any input from the contractors into the process of design. The ideal way to overcome these challenges is to transform the approach from manual t automation, such as e-procurement software. This will lead to increased speed in automation and save time and effort. The e-procurement is highly transparent method, as it keeps a clear automated record of the process.
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