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Operations and Project Management: Review and Critique of Principles, Continuous Improvement Plan, and PLC Application

   

Added on  2023-06-13

16 Pages4725 Words322 Views
Operation and Project
Management

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK...............................................................................................................................................3
P1. Review and critique of implementation of different principles of operation management in
context of organisation ...............................................................................................................3
P2. Preparation of continuous improvement plan based on review of operation management
principles in context of organisation ..........................................................................................7
P3. Application of each stage of PLC in context of project that require support to different
documentation for completion of project ...................................................................................9
P4. Review and critique of effectiveness of PLC application into a project with appropriate
theories, models and concepts .................................................................................................11
CONCLUSION .............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Operation management can be described administration of practice of business that helps to
create higher level of efficiency within an organisation. It is related to conversion of material as
well as labour into goods and service efficiently for purpose of maximisation of profit of
company (Alani, 2022). Project management can be described as process of leading work of a
team that assist for attainment of goals of organisation in a given constraint. It includes different
types of information used for purpose of documentation of project documentation. This project
report includes information related to Next Plc which is a UK based organisation established by
Joseph Hemsworth in the year 1864. It is one of multinational organisation which is providing
different product like clothing, footwear as well as home product to their customers in different
countries. In this report, discussion is conducted of implementation of operation management
principles in context of organisation. It prepares continuous improvement plan that is based on
principle of operation management. It consists application of stages of PLC in context of a
project along with supporting documentation for completion of a project. Moreover, it reviews
and critique effectiveness of PLC for application of a project along with different theories,
concepts and models.
TASK
P1. Review and critique of implementation of different principles of operation management in
context of organisation
Overview of Organisation
Next Plc is one of UK based organisation which is providing their business at international
level as its business is not limited to one country. It is an organisation which is providing their
products and service in different country. It is offering different types of products and service to
their customers including home product, clothing and footwear (Banerjee, Ray, and Ghosh,
2019). It is having different stores in different country and has 700 stores under their brand
name. It is one of largest clothing retailer in UK. It is a large organisation which is having
numbers of skilled employees working in different countries. It has around 44193 employees
working for growth and success of company. It is serving in different areas like in UK, Asia,
Middle East and Europe and had their stores in different location. It was established by Joseph
Hepworth in UK in the year 1864 and its head quarter is existed in England, UK.

Explanation of operation and operation management
Operation in business can be described as activities in which business engage on regular
basis for purpose of increasing and enhancing values of enterprise as well as profit. These
activities are undertaken for purpose of generating revenue in order to identify expenses as well
as earning profit for business owners (Hai, Xiaojian, and Bin, 2019). Employees in an
organisation are attaining goals of business with performing different function like
manufacturing, marketing, accounting and other functions.
Operation management on the other hand can be defined as administration of different
business practices for purpose of creating efficiency within an organisation. It is related to
conversion of material as well as labour into finished products and services in an efficient
manner for purpose of maximisation of profit of business. It is a practice adopted by company
for purpose of balancing cost with a goal of increasing cost along with revenue in order to
enhance operating profit of company.
The Principle of operation management:
Operation management refers to management of day to day operations of business in
order to achieve organisational objectives and goals. In a manufacturing concern, it refers to all
those processing stages through which raw material is converted into the finished goods (Ji,
2017). The main objective of operational management is effective and efficient utilisation of
labour, resources, material, plant and machinery etc., So that the company will be able to match
their demand of the products and services by maintaining proper supply.
The following are principles of operations management which are helpful for any business.
Reality: As the name suggests, company must focus on overall problems faced by
organisation as individual rather than just focus on equipment, tools and techniques used by them
because there is no tool in whole universe which provides solution of every problem faced by
internal management of the company. Next plc focus on their workforce by attracting,
developing and retaining them at all three levels of business that is at top level, middle level and
low level management. Next plc creates a healthy environment and atmosphere where all
individual members are welcomed, gets proper support and cooperation from fellow team
members and staffs.

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