Operational Project Management: Challenges and Solutions | Desklib

operational project management

Table of Contents
EXECUTIVE SUMMARY..................................................................................................................3
TASK 1.................................................................................................................................................3
Topic 1 - The Transformation Model and 4Vs.................................................................................3
Topic 2 - Performance Objectives....................................................................................................6
Topic 3 - Order-winners and order-qualifiers..................................................................................8
TASK 2.................................................................................................................................................9
Discuss TWO challenges related to Operations within your Organisation.....................................9
Provide Two Suitable Solutions for these two challenges:............................................................10
CONCLUSION..................................................................................................................................10
REFERENCES...................................................................................................................................12

EXECUTIVE SUMMARY
In this report the focal point was operations management.Basically, operations management
is the entirety of business practices to design the highest possible efficiency in a company. The
process of converting labour and materials into services and goods refers to operational
management, in which this process leads to increasing the profitability of the organization.
The following report consists of company’s transformation model and 4 V’s of the operations. After
that the 5 major performance as well the strategic objectives has been discussed and also
Thechallenges faced by rolls Royce and they have overcame them.
Rolls Royce is known as the best manufacturer of cars. The Rolls Royce CEO has focused primarily
on improving operations management. The excellence program has been used by the company to
improve both technology and learning.
INTRODUCTION
Operations management is basically the set of the practices of business to design the highest
possible level of efficiency in a company. The process of converting the labour and material into
services and goods refers to the operations management this process result in to the increased
profitability of the organisation. The team of operations management tries to make a balance
between the costs and revenue to accomplish the high net operating profit. It includes the utilization
of resources from the staff, materials, technology and equipment. This respective replot is based on
the automotive industry rolls Royce. It is a British manufacturer of luxury cars as well as the aero
engines at the time of the first world war. The company was established in the year 1904 in
Manchester. They have quickly developed the company's reputation for engineering by designing
and manufacturing the best car in the world. The CEO of rolls Royce has majorly focused on the
improving the operations management. The excellence program was used by the company to
enhance the technology as well the learning (Lee, 2018). This report will cover up the
transformation model and the 4 v's of operations, further the report discussed the two major
challenges of the company and the solutions to overcome these challenges.
TASK 1
Topic 1 - The Transformation Model and 4Vs
Discuss the theory/framework for all elements of the Transformation Model.

 Inputs – rolls Royce products are made up of complex material as well as aluminium metal.
They use the 6.6L V12 engine. which are essential for them to enable to perform in a
efficient and safe way. They apply strict rules and processes to material sourcing (Parida,
and et. Al, 2019).
 resources – rolls Royce have a inclusive and different workforce. Diverse workforce bis
essential to achieve the high productivity and enable new innovations. To reduce the
environmental impact of their operations, they choose to invest in the art manufacturing and
production environments.
 transformation process – physical transformation refers to the material which are used in
the operations. For instance, switching from one engine to another. Whereas Location
transformation means change in the location of customers or materials.
 output – in the previous year, rolls Royce have delivered the highest annual sales of 5586
units in the marque's 117 year history.
 Environment – their values drive their culture and how they operate the business. They
have a workforce with talents and experiences. They try to maintain a lean, agile and high
performance culture within the organisation.
 customers – rolls Royce customers include the government as well as the world leading
corporations. They also supply their products tot the royal navy and British airways etc.
(Potekhin, Selivanova, and Katalinič, 2022).
A Diagram showing all these components of the Transformation Model.