Review and Critique of Operations Management Principles in TESCO

Operations and
Project Management

Contents
INTRODUCTION......................................................................................................................3
TASK 1......................................................................................................................................3
P1. Conduct a review as well as critique of the execution of operations management
principles in reference to an organization..............................................................................3
TASK 2......................................................................................................................................5
P2. Continuous improvement plan.........................................................................................5
PART 2.......................................................................................................................................7
TASK 3......................................................................................................................................7
P3. Application of stage of Project life cycle, supporting documentation for the completion
of project................................................................................................................................7
TASK 4....................................................................................................................................12
P4. Review and Critique effectiveness of Project life cycle................................................12
Conclusion................................................................................................................................14
REFERENCES.........................................................................................................................15
Books and Journals..............................................................................................................15

INTRODUCTION
Operations as well as project management refers to a procedure where it is essential
to manage issues associated with strategic business in a well defined manner. It is the process
deals with formulating effective plans, conducting, motivating, controlling and managing the
available resources in order to attain organizational objective and goals within a given time
frame. The present report is developed on the organization named as TESCO. Company was
founded in the year 1919 which is an international supermarket chain located at the
marketplace of UK and established by Jack Cohen. TESCO mainly deals in variety of goods
and services at affordable price which satisfy their requirements. This assignment help in
understanding that implementation of operation management principles within a business
entity is quite essential. Along with this, discussion about lean management and six sigma
principles are going to be discussed in this report. Furthermore, various theories as well as
models are included in this report along with continuous improvement plan.
TASK 1
P1. Conduct a review as well as critique of the execution of operations management
principles in reference to an organization.
Analysis of operation vs operations management
Operations define as the procedure where different functions are undertaken which
are finance, marketing, human resources and many more. Managers of the company TESCO
emphasize on dealing with different organizational function in an appropriate and effective
manner. On the other hand, in reference to operations management it is said that it define as
the process where organization need to emphasize on controlling and designing the
production procedure. In addition to this, they also need to work on redesigning various
operations of the business entity in an effective, efficient and appropriate way. Therefore,
manager need to focus on managing and controlling various operations associated with the
production procedure.
Conduct a review as well as critique of the execution of operations management
principles. Also relate this to Six Sigma & Lean principles.

It is said that there are ample number of operation management principles mainly
adopted by the managers and higher authorities of TESCO so that they can implement all the
business activities in an effective manner.
Reality: It has been identified that managers of operations emphasize on the problems
rather than techniques so that they can get favorable results. In reference to TESCO,
managers of the company emphasizes on resolving issues and problem in order to attain
positive outcomes. In order to improve the effectiveness and efficiency along with reducing
wastage, managers of the company adopt sig sigma as well as lean principles. Thus, it will
aid in reducing scrap so that the productivity and performance of the business entity will be
improved.
Variance: It refers to the procedure which is maintained and handled by the managers
in an effective manner. With the assistance of adopting lean principles and six sigma,
managers of TESCO optimum utilize all the available resources and reduce scrap and
wastage. This will help in getting success at the competitive environment as performance and
efficiency of the business organization will be improved.
Examine the extent where the operations management meets all the requirements of
organization with the assistance of appropriate theories, concepts and models
TESCO is a business entity operating at international level therefore it is essential for
the company that they must manage their operations in appropriate and effective way. This
will leads towards the attainment of organizational goals by increasing productivity of the
company. It has been identified that there are ample number of concepts, theories and
principles which might be adopted by managers of TESCO. Some of the operation
management principles given by Randall Schaeffer are going to be discussed as follows.
Reality: It refers to the principle according to which business organization need to
emphasize on reality in which operation management must examine the issues and problems
rather then gleaming tools and techniques.
Organization: As per this principle, managers must create a procedure in
manufacturing which assist them in order to eliminate those resources or activities which will
produce similar results of profit as well as loss to the business entities.
Fundamentals: As per this principle, it is said that managers must adopt some rules
and regulations as well as implement them within the organization so that the efficiency will