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P1 Conduct a Review and Critique of the Implementation of Operations Management

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Added on  2020-10-23

P1 Conduct a Review and Critique of the Implementation of Operations Management

   Added on 2020-10-23

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OPERATIONS AND
PROJECT MANAGEMENT
P1 Conduct a Review and Critique of the Implementation of Operations Management_1
Table of Contents
INTRODUCTION...........................................................................................................................1
Task 1...............................................................................................................................................1
P1 Conduct a review and critique of the implementation of operations management principles
within an organisational context.............................................................................................1
TASK 2............................................................................................................................................4
P2 Continuity in improvement plan based on review and analysis........................................4
TASK 3............................................................................................................................................8
P3 Apply each stage of the PLC to a given project................................................................8
TASK 4..........................................................................................................................................11
P4 Effectiveness of PLC in this project................................................................................11
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13
P1 Conduct a Review and Critique of the Implementation of Operations Management_2
P1 Conduct a Review and Critique of the Implementation of Operations Management_3
INTRODUCTION
Operations management is a process which deals in advancing day-to-day business
activities. Project management relates to planning, organizing, directing and controlling business
resources in order to achieve specific goals. With help of this process company can manage their
activities on regular basis and can improve their overall productivity (Burke, 2013). In this
report, company which is chosen here is XYZ which deals in electrical and home appliances.
Their main products are fridges and freezers, gas and electric cookers, washing machines and
electric friars. XYZ is planning to launch a new product, television 58' to its product list. They
have to manage operations as per requirements of customer and increased productivity. In this
report, discussions have been made on effectiveness of operations management principles.
Project life cycle have also been mentioned in this project. Application of project management
cycle in relation to this company has also been done in this project.
Task 1
P1 Conduct a review and critique of the implementation of operations management principles
within an organisational context
Operations management is a process of converting raw materials and labours of an
organisation into products and services, with a motive to increase their profitability in a dynamic
business environment. It helps an organisation in balancing their costs with revenue in order to
retaining their productivity for a longer run (Chen and et. al., 2011). In this context, XYZ is
already selling home appliances at a global level and now company decided to enter into Large
Television Market with a television size up to 58 inches. In this regard, it is essential for XYZ to
manage its new operation effectively in order to maximise its profits. There are some operational
management principles which are described below:
(a) Reality
In this present report, XYZ is launching its new television with a 58 inches screen, so this
management principle will helps the chosen organisation in giving more emphasis on the
problem rather than tools because tools are not helpful in solving their problems related to the
new product.
(b) Organization
1
P1 Conduct a Review and Critique of the Implementation of Operations Management_4

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