PRODUCTION MANAGEMENT QUIZ NO. 3

What does Resource Management involve for contractors in construction projects?

• Developing strategic partnership with suppliers

• Efficiently allocating labor, machinery and materials

• Utilizing advance technologies like ERP system

What is a crucial aspect of Risk Management for contractors?

• Conducting comprehensive market risk assessments

• Engaging with local communities

• Implementing ISO Standards

What is a key aspect of Risk Management for contractor in construction projects?

• Conducting thorough site assessment

• Identifying and mitigating risks (regulatory compliance, environmental factors)

• Market research

What is emphasized in Quality Control for construction in the Philippines?

• Adherence to aesthetic standards

• Collaboration with local communities

• Strict adherence to quality standards for durable and safe structures.

How can contractors optimize resource allocation in resource management?

• Develop strategic partnership with suppliers

• Implement ISO Standards

• Utilize advanced technologies like ERP system

How can contractors address risks associated with construction projects?

• Develop strategic partnership with suppliers

• Engage in social impact assessments

• Implement customer feedback mechanism

What does a production system involve in the context of contractor operations?

• Consumer trends analysis

• Only raw materials transformation

• Organized processes, resources, and activities transforming raw materials, labor and equipment

What is one key component of Project Planning for contractors?

• Market Research

• Quality Control

In quality control, what standards can be implemented for manufacturing processes?

• ISO Standards

• Good Manufacturing Practices (GMP)

• Six Sigma Principles

What agency can contractors collaborate with during project planning for infrastructure development projects?

• Department of Trade and Industry

• National Telecommunication Commission

• Securities and Exchange Commission