This report provides a comprehensive analysis of operations and project management within the context of Bosch, a multinational engineering company, specifically focusing on the launch of a large-screen television. The report begins with an introduction to project management principles and operational management processes, highlighting their application in achieving business objectives. It delves into the critical analysis of concepts such as Lean principles and Six Sigma methodology, evaluating their impact on product quality and efficiency. The report examines the application of Six Sigma in defining customer needs, measuring production processes, analyzing problems, improving processes, and controlling outcomes. It also explores the five principles of Lean, including identifying value, mapping the value stream, creating flow, establishing pull, and pursuing perfection. Furthermore, the report presents a continuous improvement plan for the large-screen television product, detailing the Plan-Do-Check-Act cycle. The report then examines the product life cycle, including the business case, project plan, and work breakdown structure. Finally, it provides a critical analysis of project life cycle concepts, theories, and models that differentiate between small and large-scale projects, offering recommendations for successful project implementation.