This report analyzes the implementation of operation management principles, including lean production and Six Sigma, within the context of Hotpoint, an electronics manufacturer planning to launch a 58-inch television. The report critically evaluates these principles, discussing their positive and negative aspects, and proposes a continuous improvement plan based on the analysis. It outlines the stages of the project life cycle (PLC) for the TV launch, including introduction, growth, maturity, and decline, and explores project methodology, leadership, and tools. Furthermore, the report reviews and critiques the effectiveness of the PLC, differentiating between large and small-scale projects. The analysis emphasizes the importance of customer focus, identifying the root causes of problems, and continuous improvement to enhance product quality, sales, and overall business performance. The report also highlights the importance of managing costs, inventory, and employee training to optimize operations.