IM4001 Material Procurement and Management Syllabus:
IM4001 Material Procurement and Management Syllabus – Anna University PG Syllabus Regulation 2021
OBJECTIVES:
To Understand and Explain various types of Material Procurement, Management, Stores management and Quality Control
UNIT I INTRODUCTION:
Importance of material management and its role in construction industry scope, objectives and functions, Integrated approach to materials management, Role of materials manager.
UNIT II CLASSIFICATION AND CODIFICATION OF MATERIALS OF CONSTRUCTION
ABC,FSN, VED, SOS analysis- Procedure and its use, Standardization in materials and their management, Procurement, identification of sources of procurement, vendor analysis. Vendor analysis concept of (MRKP) Material requirement planning, planning, purchase procedure, legal aspects
UNIT III INVENTORY MANAGEMENT
Store Purchase Manual, Contractors Obligation. Inventory Control techniques. EOQ, Advantages and limitation of use of EOQ, Periodic ordering, order point control, safety stock, stock outs, application of AC analysis in inventory control, concept of (JIT) – Just in time management, Indices used for assessment of effectiveness of inventory management.
UNIT IV STORES MANAGEMENT
Receipt and inspection, care and safety in handling, loss on storage, wastage, Bulk purchasing, site layout and site organization, scheduling of men, materials and equipment.
UNIT V QUALITY CONTROL
Conventional methods of quality control of Construction materials. Statistical method of quality control, Sampling techniques quality control in process. Quality Management and its economics. Project procurement processes. Use of (MMS) – Materials Management Systems in materials planning, procurement, inventory control, cost control etc. Project evaluation: Discounted Cash Flow, Real Options Theory. Project delivery methods, Competitive bidding.
Risk allocation and management. Integrated project delivery. Contract negotiation.
OUTCOMES:
CO1 Identify the need and role of material management Understand
CO2 Classify materials, identify sources of procurement, conduct vendor analysis
CO3 Exercise control for effective management of inventory
CO4 Manage stores and exercise quality control on materials
CO5 Apply MMS in planning, procurement, inventory and cost control, evaluate projects and manage risks
REFERENCES
1. “A Guide to the Project Management Body of Knowledge (PMBOK Guide) – Fourth Edition, An American National Standard, ANSI/PMI 990001-2008”
2. Chitale A.K. and R.C. Gupta, “Material Management – Text and Cases”, Prentice Hall of India Pvt. Ltd., 2007
3. Denise Bower, “Management of Procurement”, Construction Management Series, Thomas Telford Publishing, 2003
4. Joseph Philips, PMP, Project Management and Professional (Certification Study Guides), McGraw Hill Publication, 2013
5. Jhamb L.C., “Inventory Management”, Everest Publishing house, 2005
6. Menon K.S., “Purchasing and Inventory Control”, Wheeler Publication, 1993
7. Ministry of Rural Development, GOI, “Procurement Manual”, National Rural Livelihoods Project, 2010
8. Peter Holm Andersen, “Dynamics of Procurement Management – A Complexity Approach”, Copenhagen Business School, 2012
9. Peter Baily, David Farmer, Barry Crocker, David Jessop & David Jones, “Procurement Principles and Management”, FT Prentice Hall, 2010
10. Manual for Ministry of Roads, Transport and Highways (MoRTH), GOI, 2007, 4th Revision