Risk management based on the best value approach and its application in conditions of the Czech Republic
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Date
2023-06-09
Authors
Marvan, Petr
Hromádka, Vít
Vítková, Eva
0000-0002-6509-4146Advisor
Referee
Mark
Journal Title
Journal ISSN
Volume Title
Publisher
De Gruyter
Altmetrics
Abstract
This study focuses on the issue of the best value approach (BVA) method in the public procurement and on the European experience with the implementation of the BVA method, with a focus on the use of this method in the Czech Republic. The key topic here is the effort to manage the risks of the construction project already at the stage of preparation and tender for suppliers of construction works or services, namely, for public contracts evaluated through the BVA. The findings show that public procurement tenderers often misunderstand the concept of project risk as managerial, temporal, economic, or qualitative risk. Case studies show reserves and possibilities for improvement. The goal of the study is to provide a framework for understanding and explaining the principles and methods of evaluating a qualitative criterion in the form of the risk assessment plan.
Description
Citation
Open Engineering. 2023, vol. 13, issue 1, p. 1-12.
https://www.degruyter.com/document/doi/10.1515/eng-2022-0438/html
https://www.degruyter.com/document/doi/10.1515/eng-2022-0438/html
Document type
Peer-reviewed
Document version
Published version
Date of access to the full text
Language of document
en