Operational and Project Management INTRODUCTION 1 MAIN BODY1 PART 11 Organizational Overview
Added on 2021-02-19
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Operational and ProjectManagement
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1PART 1............................................................................................................................................1Organizational Overview.............................................................................................................1Operations v/s Operations Management......................................................................................1Review and Critique implementation of Operations Management Principles.............................2Extent to which Principles of Operations Management meets the Requirements.......................4Continuous Improvement Plan and Lean Principles....................................................................4Recommendations........................................................................................................................7PART 2............................................................................................................................................7Project Life Cycle........................................................................................................................7Review and Critique of PLC Effectiveness...............................................................................12Different Uses of Methodologies for Large and Small Scale Project........................................13CONCLUSION..............................................................................................................................14REFERENCES..............................................................................................................................15
INTRODUCTIONOperation and project management help the organization to build effective strategy whichinclude the day to day operation and reduce the issues in systematic way. Project managementinclude the various activities such as planning, organizing, directing and controlling to achievetheir organizational goals & objectives (William East, Nisbet and Liebich, 2012). With the helpof operations, business increase their efficiency or effectiveness which increase the productivityas well as profitability of the company. For the better understanding of this concept, companychoose the Sainsbury's Plc. It is the largest chain of supermarket in the UK where company have16.9% share in the this sector. Company founded in 1869 by John James Sainsbaury and it wassituated in Drury Lane. This report include the such as implementation of operation managementin the organization, improvement plan and project life cycle. Along with this, it include theeffectiveness of implementing PLC. MAIN BODYPART 1Organizational OverviewSainsbury's is the UK based supermarket stores which is founded in the 1869 by the JohnJames Sainsbaury and it is situated in Drury Lane. Current market share of the company is about16.9% where it is the market leading supermarket chain which provide the groceries items.Biggest competitors of the organization is Tesco Plc which have current market share is 28.4%and another competitors is Asda which have 15.3% of market share (Sainsbury's Plc, 2019). Operations v/s Operations ManagementOperation is the job or task which perform by the organization in order to complete theirdaily activities which helps the business operations to complete their regular basis work.Operation include the process where input of resources will be converted into usable output interm of products & services. Operations management is the business practices which help the operation functions toperform their duty in order to increase their efficiency or effectiveness. It help the business to usetheir resources in effective way. Such as material or labour efforts used in an effective way toproduce quality product which increase the production or profit margin also (Vanhoucke, 2012).1
Review and Critique implementation of Operations Management PrinciplesOperation management include the various principle which is adopted by the Sainsbury'scompany in order to increase their capability which helps in supply chain and logistic. Followingprinciple is discussed below: Variance: It is the gap between the actual or standard performance, so business need toidentify and analyse the reason and then adopt this principle to maximise their revenue orminimise the expenditure. Manager of Sainsbury's company take effective steps to improve theirlogistic process and make sure that products & service always available for the customers. Thisprocess will take lots of time, efforts, money and provide necessary training to complete theirtask in order to achieve their goals & objectives. Company adopt most suitable technique toproduce goods which help the business to reduce the cost. Organisation: For the effective management, company manager their internal operationsto increase productivity or profitability of the company. In the Sainsbury's, manager organizetheir function which helps the logistic or supply chain through managing vehicles for the timelydelivery (Van Wassenhove and Martinez, 2012). It is difficult for the company to expand theirlogistic at the time if expansing their business in order to meet their requirement. Change: In the organization, changes are required to be adopt because it provide the pathfor the future growth. Manager of the Sainsbury's company follow various theory or models forthe effective implementation which provide better management of supply chain and logistic.Along with this, Sainsbury's introduce the fastest mode of delivery which increase the cost aswell as efficiency in the delivery of products. Operational management principle: Scientific management: It is the management theory which analyse the workflow and itmain objective is to improve their economic efficiency such as labour productivity. Thisoperational management principle have some positive as well as negative aSunshine companyctwhich is discussed below: Positive: This principle helps in reducing product cost which become cost affective forthe consumers and more customers can afford it. Negative: When organization not treat their human resources in well manner than theycan prevent the strikes and unrest. 2
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