(PDF) Operations and Project Management : Assignment Sample

OPERATIONS AND PROJECT
MANAGEMENT

Table of Contents
INTRODUCTION...........................................................................................................................3
SCENARIO:1..................................................................................................................................3
1. Introduction.............................................................................................................................3
2. Operation Vs. Operation Management...................................................................................3
3. Review and critique of implementation of operations management principles within
Hercules Cycle and Motor Company Limited............................................................................3
4. Analyse extent where operations management of organization of case study fulfil the
requirement of the organization..................................................................................................5
5. Continuous improvement along with lean principles..............................................................6
6. Continuous improvement plan by applying principles of operation management.................7
7. Operation improvement by applying continuous improvement principles.............................7
SCENARIO:2..................................................................................................................................8
1. Case study overview...............................................................................................................8
2. Project life Cycle and different phases....................................................................................8
3. Application of stages of PLC in the current project................................................................9
4. Critique and review of PLC implementation effectiveness by suitable model.....................13
CONCLUSION..............................................................................................................................14
REFERENCES..............................................................................................................................15

INTRODUCTION
Operation and management of the project means how important is the operation in the
management of the project. Here in the study Hercules Cycle is taken for the study. The
difference between operation and management of the operation is discussed in detail. Importance
of operation management is discussed here. Continuous improvement along with the lean
principles have been elaborated in the study (Artto, Ahola. and Vartiainen, 2016). There are
various principles of operation management and they are related with the continuous
improvement are discussed in detail. The PLC is also described in the study.
SCENARIO:1
1. Introduction
The Hercules Cycle and Motor Company Limited is a British Bicycle manufacturer
established in 9 September 1910 in Aston England by Edmund and Harry Crane producing 25
bicycles a week initially.
2. Operation Vs. Operation Management
Operation is the action and decision withdrawn by the participants and members of
business affecting factors such as production, distribution, management, service, etc. required for
a company to function requiring use of resources and assets. The procedures are used to create
goods and services and marketed ad sold to the final consumers. The activity focus on increasing
the value to customers. Whereas operations management is administration of business practices
generate maximum level of efficiency possible (Camilleri, 2016). To maximise the profit of the
organizations the procedure is concerned in converting materials and labour into goods and
services. The activity focuses on balancing cost with revenues to achieve maximum operating
profit possible.

3. Review and critique of implementation of operations management principles within Hercules
Cycle and Motor Company Limited.
 Reality – No tool is able to present a universal solution thus the type of activity in
Hercules Cycle and Motor Company Limited need to focus on overall problem rather that
just techniques so as to maintain the further growth of the enterprise by reducing the
movement of staff and providing CSR activities but on the other hand it requires lot of
time, money and resources to maintain the focus on different problems at time and will
lead to confusion and inefficiency in the working patterns.
 Organization – In the Hercules Cycle and Motor Company Limited facility, everyone is
interconnected. The activities in this organization are consistent and predictable (Choi.
and et.al, 2018). With the involvement of this element the operations tend to earn income
and profits whereas on the other hand the elimination of this activity will lead in the
elimination of the profit element.
 Humility – The implementation of trial and error programme are extremely costly so the
managers are responsible to understand it's importance and must resolve the issue of staff
movement and implementation of CSR activities (Haniff. and Caldwell, 2019). The
implementation of this program in Hercules Cycle and Motor Company Limited will lead
the production activity in long rum and helps in saving money, but on the other hand the
activity will lead to the demoralizing the values of staff and slowing the rate of operations
and other business activities.
 Success – The Hercules Cycle Motor Company Limited must know that there are several
definition of what really success is, where the interest of consumers must always be taken
into regard. The Hercules must focus that if they keep the customers happy they will be
coming back to them making them their loyal customers. The case need to strengthen the
employees by keeping the morale of the employees high by implementation of several
CSR activities and motivating them to work effectively.
 Accountability – The Hercules Cycle Motor Company Limited must be accountable in
order to run it's manufacturing operations (Maylor, Turner. and Murray-Webster, 2015).
The factor persists that accountability is must as the managers of Hercules are expected to
set rules and metrics while measuring periodically if these at met on time or not. The
dedicated staff is assigned duties to monitor the activity of staff movement is happening