Operations and Project Management Principles Doc

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OPERATIONS ANDPROJECTMANAGEMENT
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1: Conduct a review and critique of the implementation of operations management principleswithin an organisational context.................................................................................................3M1: Implementation of operations management in relation to Six Sigma methodology andLean principles............................................................................................................................5D1: Apply concept to justify strategies of a continuous improvement plan for achievingimproved efficiency....................................................................................................................5TASK 2............................................................................................................................................5P2: Prepare a continuous improvement plan based on the review and critique of operationsmanagement principles................................................................................................................5M2: Analyse effectiveness of a continuous improvement plan using appropriate theories,concepts and/or models...............................................................................................................7TASK 3............................................................................................................................................8P3: Apply PLC and producing necessary supporting documentation for completing project....8M3: Analyse methodologies, tools and leadership within the PLC..........................................12TASK 4..........................................................................................................................................12P4: Review and critique the effectiveness of the PLC..............................................................12M4: Differentiate between large and small-scale projects........................................................13D2: Critically evaluate the PLC................................................................................................14CONCLUSION..............................................................................................................................14REFRENCES.................................................................................................................................15
INTRODUCTIONManagement area which is linked with planning, organising as well as controlling theroutine activities of business in a systematic manner to attain the long term goals and objectivesuccessfully refereed as Operation management. It is an ongoing business activity which isperformed by the internal workforce in order to produce innovative product (Binder, 2016).Whereas, project manager is responsible to develop a competitive team team and encourage themto plan and address the issue associated with the preparation of project. Thus, both of them haswider scope of responsibility to formulate the project and conduct mass product in order to caterthe need of ultimate consumer. For the better understanding of report Bentley Motors company istaken in first scenario and Aston Martin company in second scenario. These are the automotivemanufacturing company whose headquarter is in UK. Both of the companies produces andmarket the luxury cars worldwide. This report cover following topics such as review and critiquethe effectiveness of operation management principle. Moreover, application of continuousimprovement concept within the operation context. Determine the project life cycle for thecompletion and accomplishment of project. Furthermore, review and application of PLC arecovered in this report.TASK 1P1: Conduct a review and critique of the implementation of operations management principleswithin an organisational contextOperation management refer to the business practice which is conducted by the internalmanagement in order to produce highest quality of product or output. It basically transform thestate of inventory by significantly converting raw material into the finished good by maximisingthe efficiency for an organisation. To gain the best possible net operating profit the managementteam of operation department needs to balance their cost by eliminating the unnecessaryexpenditure incurred while production process(Fleming and Koppelman, 2016).Bentley Motors limited is a luxury manufacturing car which was founded in 1919 byH.M. Bentley and W.O. Bentley. The headquarter of company is in England UK but it serveworldwide due to which company has generate huge loyalty and recognition of customer. Itinclude the manufacturing as well as marketing of especially luxury car including SUV s whichis known for its classical design and comfort. Additionally, the company provide employee to
approximately four thousand employees who look forward to bring innovation and shape thelong term sustainable growth of company effectively.Principle of Operation managementPrinciples of operation management is implemented by the Bentley Motors limitedcompany to ensure the long term profitability by enhancing the manufacturing processefficiently. Some of the vital principles are elaborate below:Accountability:The operation manager of Bentley Motors company can set theperformance indicator, rules as well as metrics to check the production process on the regularbasis in order to meet the target of production. Along with that such principle can help themanager to remain accountable and run the production process smoothly.Changes:This is the crucial principle which is adopted by the successful organisationwhere they adopt the new theory in order to solve the manufacturing process by coming up withvaluable solution. In relation with Bentley Motors company has been conducting themanufacturing process from the long run by adopting latest technology. Along with thatcompany change their work pattern or design on the basis of changing preferences of customerwhich gives them the competitive advantage. Hence, changes helps the company to remain stableand cope up with the external factor(Harrison and Lock, 2017).Quality control:Quality control includes the inspection of final inventory or raw materialwhich help the firm to maintain the durability of product. As quality is the prime componentwhich consumer cannot comprise. The absence of quality control principle and make customerdissatisfied which leads to switching on the competitors brand. Thus, it is significant step need sto be adopted by respective company within manufacturing operations.Implementation of operation management principle assist the company to come up withvalid solution and meet the objective successfully. Therefore, the analysis of productionmanagement is define below:It is signifiant for the company to manage their cost by lowering down the use ofunnecessary expenses which is just a burden for company. Herein, Bentley Motorscompany order to meet the requirement of selected company they need to makesignificant effort to lower down the cost of overall operations. For instance, selectedcompany can adopt the principle of success where with the help of research department
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