Project Management Features and Functions
Project management monitors costs and work schedules on a project-by-project basis. It usually includes the following sub-modules: project control, project analyzer, project budgeting, project timekeeping, project billings, contract management, and a workflow communicator.
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- Uses control numbers to link materials, inventory, manufacturing activities, etc. to customer orders
- Multilevel pegging for materials, inventory, and manufacturing activities
- Optional control number for materials, inventory, and manufacturing activities
- Transaction tracking by project with online audit trail
- Automatically provides full multilevel pegging
- Calculates net requirements for projects and contracts (netting logic)
- Netting is based on time-phasing logic that incorporates project requirements and their due dates
- Material demand rule that allows material to be issued to a project only if that material is in supply
- Project group codes separating non-sales orders and groups
- Issues alterts to reassign surplus or reassign, reclaim, or recycle residual material
- Rules include sending an alert when a receipt is overdue
- Checks inventory availability of standard required components
- Reports project material plan status by project components
- What-if modeling for bottleneck resolution
- Uses planning algorithms in project management
- Time-phasing is used to create and compare project plans with master planning schedule
- Material planning for process by-products and co-products
- Material plan identifies cost collection points
- Contract-specific requirements
- Project-specific order planning
- Tracks orders by project
- Firm planned orders
- Sends rescheduling notification to planner
- Optimal order quantity calculations
- Consolidates POs within specified project groupings
- Supply-demand relationship table that defines control IDs
- Uses a supply-demand relationship table to issue more than one ID to material
- Associates different costs to different elements in the WBS
- When material is moved from one project to another, the cost of the material is also transferred
- Material is only issued if assigned to that project
- Assigns an ID when an order for material is received
- Reassigns material to other operations or projects
- Tracks and dates borrowed material and charges it to the borrowing contract
- Uses control IDs to identify transactions such as receipts, issues, adjustments (including physical count adjustments), material assignments
- Documents residual material
- Documents and provides an audit trail of inventory movement, by project
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Manufacturing Management Features and Functions
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