Understanding Business
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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True or false, Materials management is an integrated process for planning and controlling all necessary efforts To make certain That the quality and quantity of materials and equipment are appropriately specified in a timely manner, are obtained at a reasonable cost, and are available when needed.

2. Select the 3 significant Change In materials management in the last 10 years.

Improved technology. Globalization. Emergence of many projects. Increased material costs and lead times. Decrease in focus on quality and financial standards. Abundance of materials and job space.

3. The project acquisition strategy (PAS) Articulates a project's approach to sourcing which of the following three categories.:

Materials.

Permits.

Capital investments.

Equipment.

Subcontracts

4. What inputs are required for material status reporting? (Select All That Apply.)

Side materials Arrival update.

PO status data from order system.

Contractor furnished materials data update.

Project Master schedule data.

Expediting updates.

Feedback to supplier qualification program.

Project materials acquisition plan.

Materials, status, data upload to construction planning software.

Supplier fabrication/ material status data.

5. True or false Site Materials management extends, materials management, processes, procedures, and systems initiated in the earliest states of a project onto the jobsite.

6. (Productivity, Globalization, supplier) Has triggered (cost, Safety, quality) concerns in materials management.

7. What are three primary benefits of a comprehensive material management program?

Improved craft, Labor productivity and quality.

More job site lay down space.

More predictable project outcomes.

Reduced overall project cost.

More materials management jobs.

8. What are the main issues related to globalization and materials management?

More procurement volume from global suppliers.

Determination of product and supplier availability, quality, and reliability.

Meeting Logistical challenges.

All of the above.

 

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