This report provides an in-depth analysis of Hotpoint Electric Heating Company's strategic move into the large-screen television market, focusing on the implementation of operations and project management principles. The report begins with an introduction to operations management, encompassing planning, execution, and various methodologies like demand forecasting, production planning, and quality management. It then delves into project management, outlining the stages of planning, executing, controlling, and closing a project to meet specific goals within a defined timeline. The report reviews and critiques the implementation of operations management principles, emphasizing key elements such as reality, organization, fundamentals, accountability, variance, causality, managed passion, humility, and success. It further explores the Six Sigma methodology, including the DMAIC and DMADV approaches, and the significance of lean principles. The report concludes with a continuous improvement plan (CIP) based on the review, including a four-step PDCA cycle, and proposes improvements in quality, packaging, and market capture for the TV launch.