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Residential Project Case Study Essay

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An Empirical Case Study of Material Management In Residential Project Abstract: This case study of Material Management which focuses on Residential Project makes an attempt on studying and observing the principles of material management and the practices in given residential project. The objectives of this present study well has been to understand about the various problems that occur in the given organization as a result of improper application of the approach in material management. In operation of construction project, there is a variance project cost in terms of material, subcontractor, equipments, overhead cost, manpower, and general condition. Hence, if material management is not done properly it might create huge project cost variance. …show more content…

This method has been very well suited for given construction industry and can also be used widely. Various organizations may not be following any of given control techniques for their particular projects. Methodology under ABC analysis: 1. List various clients who issue consumable materials which are being used in a project along with the unit price and the quantity that are being consumed annually. 2. Compute Annual Usage Dollar Value (AUV) of all material items. 3. Arrange these items in ranking order of their AUV and also compute various cumulative percentage units being consumed and the cumulative percentage of annual usage value for all items. 4. Graph can be plotted between cumulative percentages of items and cumulative percentages of units. S-Curve analysis: Material management may not just be a concern during monitoring stage during which construction may be taking place. For various variations observed between planned and the actual material consumption, the S-curve analysis is formulated and used. The deviations of such quantities can be produced by making use of cumulative expenditure of various parameters i.e. Material cost against the time and this could represent of the project path. The analysis can be carried for the comparison of the planned and the actual cost for various items in Class

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