Operational and Project Management: Models and Theories for Evaluating Organizational Functions

Operational and Project
Management

Table of Contents
Executive Summary ........................................................................................................................3
INTRODUCTION...........................................................................................................................4
MAIN BODY...................................................................................................................................4
TASK 1............................................................................................................................................4
The Transformation Model.....................................................................................................4
4Vs Typology of Operations..................................................................................................6
Operations Performance Objectives.......................................................................................7
Order-winners and order-qualifiers........................................................................................8
TASK 2............................................................................................................................................8
Recommendation....................................................................................................................8
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11

Executive Summary
The mentioned report is the included the number of models and theories that used in
evaluating the operational functions of organisation. The Transformation Model, 4Vs Typology
of Operations, Operations Performance Objectives, and Order-winners and order-qualifiers were
discussed in the report which highlighted the organisation functions and choices in the
operational market.

INTRODUCTION
Operational management is the process that used by the companies in order to manage
day to day operational activities as well assist the manager in order to eliminate the business
issue more efficiently. In relation to this project management is the inclusion various practices
such as planning, organizing and controlling all the valuable resources towards achieving the
company specific goal. Operational management plays a vital role because it efficiently manage
and controls all the organisation functions as well as supervise the organisation activity
according to the industry demands. In relation to the above discussion Tesco is being taken into
the consideration for analysing their operational management.
Tesco is a renowned multinational Supermarket chain of England. The respected
company was founded in 1919 by Jack Cohen (Babatunde, 2020). Tesco has a thousand number
of stores in UK that covers almost every region of UK. By their efficient business strategy they
earned the large number of revenue through their business operations. The mentioned company
has diversified their product range from groceries item to electronics product. They provides
their services through stores as well as online services by their in house e-commerce website.
The mentioned report is the inclusion of two tasks. In task one various models will be
applied in regard to the company functions such as transformational model that assist the leader
in order to understand the organisation functions. 4Vs typology of operations that determine the
volume, variety, variation, and visibility that highlights the organisation functions are helps them
in creating the value in the organisation functions. Further, the report will also evaluate the
respected company operations performance objectives as well as also highlight their competitive
standards through which they represent their product in the target market. At last some
recommendations will also derived according to their operational functions.
MAIN BODY
TASK 1
The Transformation Model
The transformational model is the framework that used by the managers of organisations
in order to understand the companies operational functions more effectively as well as guided
them to create the efficient function and eliminate the complexity from operational functions. By
the mentioned model companies identifies the variables which implies on their operational