Operational and Project Project Management: Review and the Critique of the Operational Management 3 LO13 Review and the Critique of the Operational Management 3 Review and the Critique of the Operatio
Added on 2020-10-05
17 Pages4579 Words259 Views
Business DevelopmentLeadership Management
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OPERATION ANDPROJECTMANAGEMENT1
Table of ContentsINTRODUCTION.................................................................................................................................3LO1........................................................................................................................................................3Review and the Critique of the operational management.............................................................3Review of implementation management using different approaches...........................................4Application of appropriate theory and concept models................................................................6LO2........................................................................................................................................................6Critique and implementation of the concept of operational management....................................6Analysis of the effectiveness of continuous improvement using different theories.....................7Application of appropriate theory and concept models:...............................................................9LO3......................................................................................................................................................10Application of each stage of PLC to the given project...............................................................10Analysis of the rationale for the project methodology...............................................................12Critical evaluation......................................................................................................................13LO4......................................................................................................................................................14Review and critique of the effectiveness of PLC.......................................................................14Critical analysis of the use of theories.......................................................................................14Critical evaluation of the PLC through practical explorations...................................................14CONCLUSION AND RECOMMENDATION...................................................................................15Presentation:........................................................................................................................................16REFERENCE .....................................................................................................................................172
INTRODUCTIONThe real-life project management is a process which comprises of different levels orsteps like the initiation, planning, implementation and proper execution and closure of theproject (Turner, 2014). However, in order to meet the deadline, there are lots of steps whichthe company needs to achieve. For the following working as a "Manager Research and NewProduct development" for the company XYZ, the purpose is to research and develop a report.The study is done based on the fact that the company XYZ is entering the television market,after selling appliances to the people whose response was fascinating enough. Therefore,based on the report there are different methods, tools, and techniques which are used for theplanning and execution of the project. Lastly based on the theories and evaluation properconclusion are provided which would help in the future manufacturing process of thecompany.LO1Review and the Critique of the operational managementThe strategic management is the process of understanding the different businessenvironment and also developing the desired state for the performance of the company XYZ.This will help to implement the strategy and improve the performance (Jacobs et al. 2014).When the operation management principles are being inculcated to the company XYZ it willhelp the company to gain the goals and the objectives set by the company in order tomanufacture the television.Other than that, since the principles are of set rules therefore, it will also help thecompany in order to stay on the track. Furthermore, using the operational principles for thecompany XYZ helps in planning, organising and supervising the processes which is takingplace during the entire project of television manufacture. The principles also support thecompany’s objectives and goals so they are able to have the deeper analysis and a propermeasurement for the current processes. The use of the operational management also supportsthe skills of the employees and the organisation:Organisational abilitiesAnalytical capabilities3
Coordination processesSkills of the peopleCreativityReview of implementation management using different approachesThe use of the operational management is the method which could be used for theplanning, organizing and supervising the entire process so that the company is able to makeall the necessary improvements for having a higher profit. The use of operationalmanagement is mainly in terms of manufacturing and production (Kerzner and Kerzner,2017). There are different methods and functions which are used by the company so that theyare able to get the proper and effective growth in terms of the production and management ofthe company. However, for completing the operations on a day to day basis there aredifferent approaches which are implemented by the companies. In the following study, theapproaches and the principles which are used by the company XYZ for proceeding with themanufacture and production of 58-inch television are the lean principles of operationmanagement and Six Sigma.Lean approach:Using the lean approach for the following study there are five lean manufacturingprinciples which are used: value, flow, pull, value streams and perfection. Value: The value of the product is set by the producers based on the response of theconsumers for their previous products. As per the report, the response of theconsumers for the other appliances which are sold by the company is better.Therefore, the producers will be able to target the consumers who are giving the betterresponse for other appliances (Larson and Gray, 2015).Value streams: Value streams mainly depend on the materials which are used for themanufacturing. Therefore, most of the appliances which are sold by XYZ and they arebeing disposed of by the consumers, this could be helpful as it brings value to theproduct and also proper recycling of the disposed of material. Flow: Since the production of the products is done with the help of disposed andrecycled appliances, therefore, there is a flow for the elimination of wastes. 4
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