Essay MME80001 – Resource Planning and Management – Numerous Infrastructure Projects – Management Assignment Help

Assignemnt Task :
 

Question (1) of Assignment 1:
A large organisation in Australia has ongoing contract works for numerous infrastructure projects in different states and territories. A division of this organisation based in Victoria requires 25 materials (M1, M2, M3, M4, M5, M6, M7, M8, M9, M10, M11, M12, M13, M14, M15, M16, M17, M18, M20, M21, M22, M23, M24, and M25) for the project delivery requirements in their contract works

i. Assume that you are the manager responsible for material resources in this division and all these materials are centrally managed in your division. Prepare your ABC analysis based classification for above-mentioned 25 materials.
ii. Suggest your Pareto principles-based recommendations for material resources planning and management with respect to any two aspects listed below:
a. Reporting material wastages
b. Critical procurement decisions
c. Controlling quality variance/ deviations

Question (2) of Assignment 1:
The VED (Vital, Essential, Desirable) analysis of these 25 materials revealed that: (a) “M1”, “M4”, “M10”, “M11”, “M14”, and “M20” are Vital materials; (b) “M2”, “M6”, “M7” “M8”, “M12”, “M16”, and “M18” are Essential materials; and (c) the rest are Desirable ones in the ongoing contract works of your division. Suggest your recommendations based on combined ABC and VED analyses for any two aspects of materials planning and management in this organisation, i.e. from the
list below:
i. Stock of materials
ii. Monitoring material flow and usage
iii. Controlling material wastages
 

Question (3) of Assignment 1:
By assuming suitable examples/ cases, discuss your strategies and recommendations for any two of following:
i. security of costly inventories in project sites
ii. maintaining buffer stocks of hazardous materials in a warehouse or central storage
iii. obsolescence mitigation for your stock of volatile materials in your division
iv. avoiding and reducing controllable material wastages in your contract works