Global Journal of Management and Business Research, F: Real Estate, Event and Tourism Management, Volume 23 Issue 3
estimation, BOQ, drawing, and schedule. So, this tool may not be used in inventory management in construction projects. c) HML Analysis (High Medium Low) HML Analysis is an inventory management technique that classifies the materials on the basis of unit prices. H represents high-price martial M represents medium-price martial L represents low-price martial Now I will show the HML analysis practices in construction projects in Bangladesh through a graph where I consider five mega construction projects (RNPP, DMRP, GWTP, DCRP, MUSCCFPP) in Bangladesh. Fig. 14: HML Analysis Practices From the questionnaire survey in those five projects, we found that all projects have no practices of this tool. In the case of construction projects most important issue is to finish each milestone according to the schedule and the client’s required date. And many times, due to the lack of low- price materials a milestone handover may be stopped. So, this tool may not be used in inventory management in construction projects. d) FSN Analysis (Fast-moving Slow-moving Non- moving) FSN Analysis is an inventory management technique that classifies the materials on the basis of their frequency of movement from the store. Fast Moving Items: These classified items are stocked up in the store in such a way that they can easily deliver for frequency orders and new items can easily replenish for those items. Slow-moving Items: These classified items are stocked up at some distance from the fast-moving items and do not need to deliver in a certain period of time. Non-moving Items: These classified items are stocked up for disposal over a long period of time. Now I will show the FSN analysis practices in construction projects in Bangladesh through a graph where I consider five mega construction projects (RNPP, DMRP, GWTP, DCRP, MUSCCFPP) in Bangladesh. 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 33 © 2023 Global Journals
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