Assignment on Work Breakdown Structure and Project Life Cycle
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Added on 2020-06-03
Assignment on Work Breakdown Structure and Project Life Cycle
Added on 2020-06-03
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Operations And ProjectManagement
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1 Implementing of principles of operations management within company.........................3TASK 2............................................................................................................................................7P2 Continuous improvement plan based on critique and review...........................................7TASK 3............................................................................................................................................9P3 Effectiveness of Product Life Cycle application...............................................................9TASK 4..........................................................................................................................................11P4. Effectiveness of PLC in application of project..............................................................11CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................14
INTRODUCTIONOperational management is multidisciplinary in nature whose major function is to carryout the business in proper manner. It mainly concerned with planning, organising andsupervising the production and management (Blomquist and et. al., 2010). Project managerprovides basic facilities to people of company through which they can make necessaryimprovements for increasing productivity. These facilities involved raw materials, capital,human resources and more which are essential for doing operations on regular basis easily.Managers perform various functions to utilise resources in a profitable manner. This would helpin providing services to customers on time as well as they can retain with firms for long timealso. Along with this, process of managing operations assist companies to gain maximumbenefits. In order to recognise procedure of management and operations in electronic market,HotPoint Company has taken in this file. It deals in manufacturing sector and sells products likehome appliances such as refrigerators, washing machines, gas and electric cookers etc. In UKmarketplace, this firm has good goodwill. This assignment has discussed about work breakdownstructure along with Project Life Cycle. TASK1P1 Implementing of principles of operations management within companyEach firm has various teams of management that governs to perform a specific work.Management operations are manage enterprise practices by the top level authority, it works inspecific strategy which work properly with labour as well as raw material to give results. Itorganise whole procedure for developing finished services and goods by using minimizeresource as well as maximize efforts (Antonio Martins and Ramos Martins, 2012).They manages controlling and designing process of manufacturing and also doredesigning of companies activities. It is having responsibilities to make a plan, organize,supervise and processes, it also contain improvement if needed. It find out changes and preparetechniques by measuring as well as analysing previews process. Hotpoint company are followingcertain principles which are given below which aid to apply management planning tomanufacture goods and services. Principles of operation managementThere are certain principles that aid in applying techniques, which are given below: 3
Reality: Operationsmanagement is concentrating on issues instead of strategies. Thereis no worldwide solution for a issue.Organisation: All procedure is conducted in a systematic manner so that all parts canwork in a parallel way. Manufacturing is an interlinked process (Beringer, Jonas andKock, 2013). Fundamentals: Proper manufacturing is based on bounding employer and employees.This adherence is base of manufacturing. Due to that it maintain disciplines,documents and accurate records. It gives better possibility for surviving, due to havingevery information of resources which are used for producing products. Accountability: By the accounts manager in HotPoint Company sets obligations,metrics and rules.As they compare metrics to find out real output against targets. Itevaluate structure along with that take proper actions whenever it is necessary. Itmanages firms accounts which assist in predicting future forecasting. Variance: It decline cost due to inherent, if in this it estimate low price then it help inpromoting to use enhance as well as options variety. It is managed in a better waywhich encourage creativity. Causality: Evidence such as expenditure, late quotes, urgent shipments etc. need ademand attention which is faced by companies mangers. As they fight with theseissues for solving them again. They identify a reason of problems to come out fromissues. Managed passion: Workers are main driver of a organisation as in Hotpoint, ifemployees are not passionate about their works as well as jobs then firm will declinedownwards. Humility: Organisation managers should not see at their demerits, they rarely come toportion with which they are known. So demerits are ignored as well as get aid to moveand learn. Success: It is mostly depends on buyers. Modifications in market is looking at aexisting records which try to build a new area of market. As success meaning has beenrevised due to it changes as per choices all time that why success is not at a particularpoint. 4
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