ABSTRACT
Contractor selection is probably the activity that has the most lasting effect on project execution. A poor design or a bad estimate can always be revised and, if caught in time, the effects minimized. Changing a contractor after the work has started is a very difficult proposition that always has a negative impact on project cost and schedule. The most important consideration affecting contracting is whether the project will be executed as a large project or as a small project. This
decision must be made by management prior to the start of the contracting activities.
