17-05-2014, 04:34 PM
A SYNOPSIS REPORT ON E-TENDERING
E-TENDERING.docx (Size: 56.23 KB / Downloads: 12)
ABSTRACT
The construction industry is categorized as being an information-intensive industry and described as one of the most important industries in any developed country, facing a period of rapid and unparalleled change (Industry Science Resources 1999) (Love P.E.D., Tucker S.N. et al. 1996). Efficient information processing is continuously being challenged by the extreme fragmentation of the industry’s demand and supply chain - that is, construction work being undertaken by a wide variety of organizations, utilizing many different skill sets, processes, and technologies; whilst enduring low profit margins and fierce competition (Pietroforte R. 2003).
INTRODUCTION
An internet based process wherein the complete tendering process; from advertising to receiving and submitting tender-related information are done online. This enables firms to be more efficient as paper-based transactions are reduced or eliminated, facilitating for a more speedy exchange of information.
FEASIBILITY OF THE PROJECT
A feasibility study is an evaluation and analysis of the potential of the proposed project which is based on extensive investigation and research to support the process of decision making. Feasibility studies aim to objectively and rationally uncover the strengths and weaknesses of an existing business or proposed venture, opportunities and threats present in the environment.
SCOPE
Four decades of international construction industry reports reinforce poor communication, information transmission; coordination; and teamwork issues are the cause of countless performance problems in the construction industry. Failure to achieve significant improvements in what are well-identified issues can be linked to the hitherto limited capacity to conceptualise and manage the very complex dynamics in project processes throughout the project’s life cycle.
Debatably, today’s industries, businesses and personal worlds are dominated by a wide range of technologies and e-activities, including: computers, email, Internet, Web sites, etc., finding it more and more difficult to function without them. Yet, the success of any profession is described as going beyond simply exchanging electronic information. Successful implementation of information and communication technology (ICT) and innovative web-based e-solutions (such as e-Tender) requires careful consideration to meet industry needs. Where future research and developments (R&D) in determining new and improved ways of doing business through the Internet is dependent on the innovation of the industry (and end user), not only the technology