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In Construction projects worldwide, nearly 50-60% of the project cost is estimated for materials involved in the project. This shows the importance of material management in construction industry. Proper management of materials and its supply is a major key to project success [3]. An efficient process of procurement and management of material resources based on good relationships with the suppliers will help increase the effectiveness and efficiency of the organization and achieving lasting success by meeting the expectations of all stakeholders [1]. This project studies the importance of material management through literature review and questionnaire survey. This project analyses the influence of knowledge areas on material management. Questionnaire was prepared based on the factors obtained through literature review. Questionnaire was send to project managers, engineers, vendors, material managers, etc. Through this questionnaire survey, major problems in material management were identified along with the stages of material management, where it was predominant. Also analysis of, which knowledge area has more influence in material management was also undertaken. This project also analyses the influence of material management over various stages of project life cycle. This was also obtained through questionnaire survey. From the questionnaire survey, the various factors of material management which affects the process in various stages of life cycle of project were identified. Through this which of the phases of life cycle of project has more issues related to material management were identified.

Importance of Knowledge Areas on Material Management and its Influence over Project Life Cycle