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Dissertation on ‘Project management & Supply chain management at Larsen and Toubro’

Number of Words : 17328

Number of References : 86

Contents

 CHAPTER 1: 5
 INTRODUCTION 5
 1.1 Introduction 5
 1.2 Significance of the study 6
 1.3 About Company 7
 1.4 Aims and Objective 7
 1.5 Related Questions 7
 1.5 Conclusion 8
 Chapter: 2 9
 Literature Review 9
 2.1 Introduction 9
 2.2 An overview of supply chain management 10
 2.3 Supply chain management – Evolution and future trend – performance management 11
 2.4 As a management philosophy 13
 2.5 Implementation of Management Philosophy 14
 2.6 A set of management processes 14
 2.7 Factors affecting Performance management 17
 2.7.1 Production 18
 2.7.2 Inventory 20
 2.7.2.1 Cycle inventory 20
 2.7.2.2 Safety Inventory 20
 2.7.2.3 Seasonal inventory 20
 2.8 Location helps in performance management 21
 2.8.1 Transportation 21
 2.8.2 Information 22
 2.9 Supply chain management contribution in Performance management 23
 2.10 Delivery of higher customer value with reduced cost in time 24
 2.11 Obtaining synchronization between supply chain management and Performance Management 25
 2.12 Performance management and construction industry 27
 2.13 Conclusion 31
 Chapter: 3 33
 Research methodology 33
 3.1 Introduction 34
 3.2 Steps for conducting the research 34
 3.3 Research Design 35
 3.4 Research Methodology 35
 3.4.1 Longitudinal Design 36
 3.5 Research Approach 36
 3.6 Research Strategy 37
 3.7 Data Collection 37
 3.8 Data Analysis 38
 3.9 Conclusion 38
 Chapter: 4 39
 Analysis 39
 4.1 Introduction 40
 4.2 Constraints being faced by the project managers at Larsen & Toubro 41
 4.2.1 Scope: 41
 4.2.2 Time: 42
 4.2.3 Cost: 42
 4.2.4 Quality: 42
 4.3 Performance management improves performance of Larsen and Tourbo 42
 4.4 Project Management Knowledge Areas as followed in Larsen & Toubro 43
 4.4.1 Project scope management: 44
 4.4.2 Project time management: 44
 4.4.3 Project cost management: 44
 4.5 Supporting areas at Larsen & Toubro 45
 4.6 Project Management Tools and Techniques used at Larsen & Toubro 45
 4.6.1 Cost management: 46
 4.6.2 Quality management: 46
 4.6.3 Human resource management: 46
 4.6.4 Communications management: 46
 4.6.5 Risk management: 47
 4.6.6 Procurement management: 47
 4.7 Role of leadership in improving the project performance at Larsen & Toubro 47
 4.8 Phases of project planning 49
 4.9 Project management at Larsen & Toubro with special emphasis on time and cost 50
 4.9.1 Defining Work Tasks 51
 4.9.2 Defining Relationships among Activities 52
 4.9.3 Estimating Activity Durations 52
 4.9.4 Estimating Resource Requirements for Work Activities 52
 4.9.5 Coding Systems 53
 4.10 Enterprise Resource Planning (ERP) 53
 4.11 Conclusion 54
 Chapter: 5 55
 Discussion 55
 5.1 Improving Project Performance 56
 4.2 L&T’s - Challenges 57
 5.3 L&T – Response to challenge to improvise its project performance 59
 Chapter: 5 61
 Conclusion 61
 5.1 Introduction 62
 5.2 Managerial Implications 62
 5.3 Theoretical implications 64
 5.4 Methodological implications 64
 5.5 Suggestions 65
 5.6 Future Research Opportunities 65
 5.6 Summary 66
 References 67

Description

The research paper aims at identifying and investigating the role of strong supply chain management, which result in the better project management. Supply chain management is a process, which involves the supply of materials necessary to support the business activities. Supply chain management can also be described as the well defined process of flow of materials, information, and finances from suppliers to manufacturers, distributors, and the to consumers. The co-ordination and integration of different activities & processes in an organization is extremely important for an effective supply chain management. The supply chain management in organization depends on size and type of product manufactured. There are three key areas on which a project depends i.e. Scope of work, Time and budget. The effectiveness of a project depends on the accurately and timely delivery of materials and necessary equipments required for the project (Mentzer, 2001). The research paper will be focused on identifying the role of strong supply chain management in a better project management.<br />

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AKey : CMMSPL-18115

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