This report delves into the core concepts of operations and project management, examining their application within a business context. It begins by defining operations management and outlining its fundamental principles, emphasizing the importance of reality, organization, and accountability within a company like Tesco. The report then explores the Six Sigma methodology, detailing its DMAIC and DMADV processes for process improvement and new product development, respectively. Furthermore, it investigates continuous improvement plans, highlighting the significance of incremental changes, employee involvement, and measurable outcomes. The project life cycle (PLC) is then analyzed, with a focus on the stages of introduction, growth, maturity, and decline. The report uses Crossrail as a case study to illustrate the effectiveness of the PLC. Finally, the report concludes with recommendations based on the analysis of these concepts.