A STUDY OF PROJECT SUCCESS AND PROCUREMENT FRAMEWORKS IN INDIAN CONSTRUCTION INDUSTRY

The conventional procurement framework has been in presence since the development of the building construction. Since its rise, it has worked up to mark. Be that as it may, as of late, expansive and complex ventures have demonstrated hard to oversee. The investigation of procurement frameworks and project achievement is aimed for enhancing the viability of project procurement. Besides, almost no research has been led to decide the relationship of procurement and project success or disappointment in India. This exploration fills this hole as appropriation of its discoveries can enhance extend success in the Indian construction industry. The point of this research was to explore the impact of a procurement framework on the success of construction tasks. From the literature review and the investigation of the study comes about, four noteworthy discoveries were made as takes after. Firstly, the customary procurement framework is still the best known and connected framework in the Indian construction industry regardless of its various confinements. Secondly, the real issue with the customary procurement framework was the nonattendance of contribution from contractors. Thirdly, the primary reason referred to by most respondents for not utilizing the alternative procurement frameworks was absence of information. Fourthly, a building procurement framework has an impact on project's prosperity and in conclusion the coordinated procurement frameworks in India have not been broadly utilized and comprehended and consequently its utilization may not be effective. In light of these outcomes, it was prescribed that there ought to be a formal training on the accessibility of option procurement frameworks for use by partners in the Indian Construction industry. Likewise, workshops ought to be sorted out where specialists from nations, for example, Australia, United Kingdom, The United States of America would impart their encounters to their Indian partners.