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UNIT 16: OPERATIONS AND PROJECT MANAGEMENT - Assignment

   

Added on  2021-01-03

14 Pages3851 Words416 Views
UNIT 16: OPERATIONSAND PROJECTMANAGEMENT

Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY ..................................................................................................................................1LO 1.................................................................................................................................................1P1. Review and Critiques of implementation of Operations Management Principles................1LO 2.................................................................................................................................................4P2. Continuous Improvement Plan based on Operation Management Principles......................4LO 3.................................................................................................................................................6P3. Application of each stage of Project Life Cycle (PLC) in project........................................6LO 4.................................................................................................................................................8P4. Review and Critique of effectiveness of PLC application in project....................................8CONCLUSION ...............................................................................................................................9REFERENCES..............................................................................................................................10

INTRODUCTIONOperations management is considered as the function of business organisation that aimsat administering of the various business practices for creating the highest level of possibleefficiency and effectiveness. Project management refers to the practice of planning, initiating,executing, controlling and also closing of the task or activity of team in relation to achievingspecific goals and objectives. Bosch company deals in fridge, freezers, gas and electric cookers,electric friars and in washing machines. The company Bosch aims at entering into markets ofTelevision by developing and producing different screen size TVs. The present report reviewsand critique the effectiveness of principles of operations management and also applies theconcept of continuous improvement. The report also provides application of Project Life Cycle(PLC) and further reviews and critiques the application of PLC. MAIN BODY LO 1P1. Review and Critiques of implementation of Operations Management PrinciplesOperations management is important for manufacturing companies as it assist in differentprocesses, operations and procedures (Machadoand Martes, 2015). The today's competitivebusiness environment requires putting of different business strategies into operationsmanagement in order to bring effective results and to drive better performance. Bosch companyaims at entering into new markets therefore, it requires aligning both operations and projectmanagement so that it can achieve great results and outcomes. Bosch company makes use ofdifferent approaches of Operations management in order to gain advantages by successfullyimplementing the plans into business operations. Theories and Concepts of Operations ManagementVarious theories, concepts, approaches and principles of Operations Management helpsorganisation to effectively implement the strategic plans and make key adjustments for assistingorganisation for accomplishing the strategic objectives. Following is given explanation ofdifferent theories and concepts that supports Bosch organisation for developing and entering intoTelevision markets successfully and effectively.Lean principles: The lean management principle is an approach that aims at supporting theconcept for continuous improvement in an organisation. The lean management principle focuses1

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