Integrating materials management with project management of complex projects

Vijaya Dixit*, Rajiv Kumar Srivastava, Atanu Chaudhuri

*Corresponding author for this work

Research output: Contribution to journalJournal articleResearchpeer-review

10 Citations (Scopus)

Abstract

PurposeThis work aims at integrating materials management with project management in the context of manufacturing of complex products which require a variety of items. To achieve this, we propose two prioritization measures of items: material criticality (MC) at activity level and overall criticality (OC) at project level by incorporating project network characteristic through activity criticality (AC) values. Design/methodology/approachThe costs or penalties which determine criticality of items are hidden in nature and are difficult to measure and model mathematically. Hence, Fuzzy Inference System (FIS), which captures experts’ tacit knowledge in the form of linguistic If‐Then rules has been used. FindingsOC obtained can be used as a measure to prioritize items for procurement aligned with on‐site build strategy and as a surrogate measure of shortage cost coefficient for inventory models. The analyses of output to observe the effect of AC on OC values of items, clearly demonstrate the novelty and importance of incorporating project network characteristics in materials management decision making. Originality/valueIn this work, we are able to leverage managerial tacit knowledge derived through years of experience and convert it into a readily usable quantitative parameter OC for prioritization of items to be procured. For identifying the input parameters for OC, we brought in the new perspective of including project network characteristics to align materials and project management.

Original languageEnglish
JournalJournal of Advances in Management Research
Volume10
Issue number2
Pages (from-to)230-278
Number of pages49
ISSN0972-7981
DOIs
Publication statusPublished - 2 Aug 2013

Keywords

  • Complex products
  • Criticality
  • Fuzzy Inference System
  • Materials management
  • Project management

Fingerprint

Dive into the research topics of 'Integrating materials management with project management of complex projects'. Together they form a unique fingerprint.

Cite this