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Operations & Project Management - Assignment Sample

   

Added on  2021-02-20

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Operations & ProjectManagement
Operations & Project Management - Assignment Sample_1
Table of ContentsINTRODUCTION...........................................................................................................................1PART 1............................................................................................................................................11. Overview of the company..................................................................................................12. Explanation of operation vs operation management..........................................................13. Implementation of operations management principles.......................................................25. Continuous improvement plan as a philosophy and describe the lean principles..............36. Prepare a continuous improvement plan and critique of operations management principles.57. Recommendations to improve the operations functions....................................................7PART 2............................................................................................................................................71. Overview of the Portakabin case study..............................................................................72. Explanation of each stages of life cycle in relation to Portakabin case study....................83. Business case and explain the importance of new product................................................94. Work Breakdown Structure for developing a new product................................................95. Gantt chart based on WBS above clearly depicting critical path and project completiontime frame.............................................................................................................................106. Theoretical and conceptual arguments to justify the use of project methodologies.........11CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................14
Operations & Project Management - Assignment Sample_2
INTRODUCTIONOperation management is a business utility which is answerable to administrate theprocedure of manufacturing of products and services. It consist preparation, arrangement,coordination and controlling all the origin that are needed to manufacture goods and serveries ofa specific company (Zwikael and Smyrk, 2015). Project management is a way through which a nindividual organise and manage resources which are required for the completion of the peojectand task.This assignment is based on Unilever which was founded in 1929 by William Lever, 1stViscount Leverhulme, James Darcy Lever and Samuel van den Bergh. It is a British-Dutchtransnational consumer goods company and headquartered in London, UK. This document willdiscussed about the effectiveness of operations management principles and the concept ofcontinuous improvement in an operational context. Further will define the project life cycle andcritique the application of PLC. PART 11. Overview of the companyUnilever is a multinational organisation which selling consumer goods consisting foods,beverages, cleaning agents and personal care products. This firm was founded in 1829 andheadquartered in London, UK. There are 163,000 employees are working in this firm andmaking their contribution in the growth of the organisation. Operating income of this company is€12.535 billion, net income is €9.808 billion and total equity is €12.292 billion. This firmoperating its business in more than 100 nations with the help of more than 400 brands. 2. Explanation of operation vs operation managementOperation refers to a process, activity and action which is formulating by themanagement of a firm to complete a task and project. For example, in Unilever, if themanagement of the company produce or manufacture new product then they do some activitieslike planning, budgeting, manufacturing and others. Whereas operation management indicates tothe procedure of managing these activities and operations so that the administration of theorganisation can achieve its set aims and objectives (Aarseth and et. al., 2017). It is a ongoingfunction which performs activities that help in managing production of goods and services. Operation vs operation management1
Operations & Project Management - Assignment Sample_3
Operation Operation managementOperation refer to the activities andactions which are made during the timeof producing goods and services.It concentrate on formulating actsregarding product in adequate way. Operation management refers to themanagement of these actions andactivities so that are formed in structureway.It focus on running the businesseffectively and efficiently. 3. Implementation of operations management principlesPrinciples of operations management Reality: This principle states that operation management should concentrate on businessproblem instead of techniques. The managers in Unilever generally focuses on the currentscenario of the enterprise by carrying out investigation about the market like whether the productlaunched task is successful or not (Pärn, Edwards and Sing, 2017). If the management of thecompany will not focus on the organisation and task's issues then it negatively affect thecompany in term of profit and productivity. But if the administration focus on techniques andstrategies then it positively affect the employees performance. Organisation: According to this principle, organisation consists of various departmentswhere the working of each function is connected with the other function. The management inUnilever can perform their operation in co-ordination with every other department to manageflow of communication. It will help in effective running of the production process because thereare various department which make their contribution in it. If the company will not interlinkedwith other function of the management then it will not perform well and not achieved its setobjectives. Fundamentals: This principle help in maintaining appropriate inventory records, generalsystems disciplines etc. This principle assists the organisation in reducing the cost of theoperations. It utilises various other options which helps the company in minimising the costs.Unilever in order to maintain the proper balance in costs and intensify the creativity amongemployees may use this principle. If the company manage the inventory and cost of operationthen it will use this finance in other activities of the company which positively affect the growth2
Operations & Project Management - Assignment Sample_4

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