Global Journal of Management and Business Research, F: Real Estate, Event and Tourism Management, Volume 23 Issue 3

Urgent Demand of Materials 90% 80% 70% 60% 50% 40% 30% Strongly Agree(%) Strongly Disagree(%) Agree(%) Disagree(%) RNPP DMR GWTP MUSCCFPP DCRP Fig. 08: Procurement Cycle Lack of Effective materials requirement schedule, estimation of materials at right time, and unskilled manpower create this issue. Fig. 09: Urgency Challenges of Materials From the questionnaire survey in those five projects, we found that almost all projects have challenges in urgent demand of materials where the project GWTP has to face most challenges for the tight schedule of the project, lack of demand forecasting and estimating in proper time. h) Effective Materials Requirement Schedule Materials requirement planning (MRP) is the system of materials procurement planning on the basis of production planning that helps to control inventory and makes the supply chain effective and responsive. MRP answers the following questions • What items are required? • How many or how much are required? • When they are required? Though effective materials requirement schedule makes the effective supply chain of the project, it is challenging to prepare due to the comple- xity of the project and tight time schedule. Procurement Cycle Inventory Management Practices and Challenges in Mega Construction Projects in Bangladesh Global Journal of Management and Business Research ( F ) XXIII Issue III Version I Year 2023 29 © 2023 Global Journals