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Operations and Project Management

   

Added on  2022-12-26

14 Pages3880 Words53 Views
Operations and Project
management

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Project 1...........................................................................................................................................3
TASK 1............................................................................................................................................3
P1 Conducting a review & critique on implementation of various operations management
principles within organisational context.....................................................................................3
Operations management principles in relevance with Six sigma & lean production tools ........4
TASK 2............................................................................................................................................5
P2 Preparation of a continuous improvement plan based on above conducted review &
critique on operations management principles............................................................................5
Project 2...........................................................................................................................................7
TASK 3............................................................................................................................................7
P3 Application of various project life cycle stages with supporting documentations at
workplace....................................................................................................................................7
Rationales for project methodologies used to execute procedure for project life cycle............9
TASK 4..........................................................................................................................................11
P4 Determining effectiveness of applying product life cycle by using appropriate theories,
models & concepts....................................................................................................................11
CONCLUSION..............................................................................................................................13
REFERENCES .............................................................................................................................14

INTRODUCTION
Operations & project management defines various stages of a plan that is implemented to
establish actual business operations with proper coordination of activities. This help organisation
improve its efficiency levels as well as enhance overall profits. The below report consist of two
projects that includes both case study analysis & application of principles of management.
Following assessment comprise of a well constructed improvement plan based on operations
management principles. It also consist of various project life cycle stages with different theories,
models & appropriate models such as six sigma. One such organisation is Tesco, a multinational
corporation known for its general merchandising as well as retail business. Following assessment
classifies about various project management tools & technique to establish proper delivery of
goods & services to consumers in market. Second part of assessment is project two that comprise
of case study analysis on a large scale organisation established in Midlands. The report has
explained effectiveness of project management stages & methods on mentioned case study.
MAIN BODY
Project 1
TASK 1
P1 Conducting a review & critique on implementation of various operations management
principles within organisational context
Operations management principles consist of various forms that includes fundamentals,
accountability, causalities, reality as well as variances. Process of operations focus mainly on
converting raw material inputs into useful output resources or products available to end
customers in marketplace. For carrying our actual procedures in operations management, it is
essential for organisation to create a systematic mission statement that has summary, vision,
mission, objective & goal of firm.
Overview of Company: Tesco is a multinational retaining firm that deals with various
retailing business mainly general merchandise & delivery of grocery services. The organisation
is headquartered inn England, UK. This is third largest retaining organisation in United Kingdom
with its main products being supermarket chains, general stores, grocery outlets, and
hypermarkets across countries.

Operations vs operations management
In context of chosen firm there are various differences between organisational operations
& management of those operations. Operation's mainly deals with converting input raw material
products into useful commodities that are ready to use. These may include basic functions that
are manufacturing, transportation of raw material, packaging, labour work and warehousing etc.
On other hand, Systematic management of all above functions discussed is carried out by
Tesco through managers. Operation's management deals with maintaining coordination of all
activities such as monitoring of various departments that conducts operations. Also managers of
respective organisation make sure that employees are performing every operation as per set
standards or not. It is important to review all functions performed during operations to make sure
quality goods & services are delivered to end customers in industry.
Operations management principles in relevance with Six sigma & lean production tools
Corporations implement six sigma principles to improve overall operations at workplace.
This methodology consist of identifying various mistakes in process of operations with
eliminating additional cost expenditures as well as delayed hierarchy of work layers. Chosen
firm use different methods that are applied through implementation of six sigma methodology.
These include following steps that are quality management tools, statistical method analysis etc.
within organization.
Lean production method also includes various principles to cut out wastage of resources
during manufacturing & production processes at workplace. Lean principles mainly comprise of
value defining or identification, creating flow, value stream mapping, establishment of pull &
perfection (Nicholas and Steyn, 2017). In context with Tesco, uses both these methodologies in
accurately improving performances as well as reduce wastage of resources discussed in
following below points:
Value defining: This step bring up a concept of knowing what vale does consumer have
for a certain service or product. This help identify willingness of a buyer to pay as per his or her
needs. Here are various ways by which Tesco can identify its consumer wants or satisfaction
drivers.
Identification of value streams: This is important to identify that particular value steam
is useful to fulfil customer demand & expectations from a corporation. These include conducting

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