Chapter One — 1.1 Background to the Study

Over the past decade, the relationship between procurement method selection and accuracy of cost estimates has become a subject of considerable debate among scholars and industry practitioners alike, particularly within the context of Enugu State where operating conditions differ markedly from more developed markets.

Within the context of Enugu State, this relationship carries particular significance. Organizations in this setting operate under a distinct combination of economic, regulatory, and market conditions that may amplify or dampen the effect of procurement method selection on accuracy of cost estimates, making a context-specific inquiry both timely and necessary.

1.2 Statement of the Problem

Despite a growing body of literature on procurement method selection, there remains limited consensus on the precise nature of its relationship with accuracy of cost estimates, particularly within Enugu State. Many organizations continue to make decisions about procurement method selection without a clear, evidence-based understanding of how those decisions ultimately affect accuracy of cost estimates. This gap between practice and empirical understanding is the central problem this study seeks to address.

1.3 Objectives of the Study

1. To examine the effect of Procurement Method Selection on accuracy of cost estimates in Enugu State.
2. To assess the extent to which procurement method selection influences accuracy of cost estimates within the study area.
3. To identify the challenges associated with procurement method selection in relation to accuracy of cost estimates.
4. To recommend strategies for optimizing procurement method selection in order to improve accuracy of cost estimates.

1.4 Research Questions

1. What is the effect of procurement method selection on accuracy of cost estimates in Enugu State?
2. To what extent does procurement method selection influence accuracy of cost estimates within the study area?
3. What challenges are associated with procurement method selection in relation to accuracy of cost estimates?
4. What strategies can be adopted to optimize procurement method selection in order to improve accuracy of cost estimates?

1.5 Significance of the Study

This study is significant to a range of stakeholders. For policymakers and regulators, the findings offer evidence to guide the design of frameworks that support healthier outcomes around accuracy of cost estimates. For managers and practitioners within Enugu State, the study provides practical insight into how procurement method selection can be better managed. Finally, it contributes to the academic literature on quantity surveying by extending existing knowledge into a specific empirical context, and offers a reference point for future researchers.

1.6 Scope of the Study

The study is limited to an examination of Procurement Method Selection and its relationship with accuracy of cost estimates within the context of Enugu State. It reflects a clearly defined scope of analysis and relies on data and perspectives available within that scope; generalizing the findings beyond this specific context should therefore be done with appropriate caution.