Operations & Project Management: Principles and Implementation Report

This report provides a comprehensive analysis of operations and project management principles, focusing on their practical application within organizations. It begins by critiquing the execution of these principles, emphasizing the importance of strategic alignment and adaptation to ma...Read More

Operations & Project
Management

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1. Critique and review the execution of operation management principles in regards with an
organization.................................................................................................................................1
P2. Evolve the regular improvement plan which is based on the organisational principle
context.........................................................................................................................................3
TASK 2............................................................................................................................................5
P3. PLC in a given project encouraging documentation for completing the project..................5
P4. Effectiveness of PLC within the organisation by using specific theories, models and
concepts.......................................................................................................................................9
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Operation management refers to the decision, activity and so much responsibilities in
order manage the resources which are devoted to delivery and production of goods and services
in an appropriate manner. Whereas, project management is the managing, planning, organising
of resources and tasks in order fulfil the objectives in an effective manner. On the other side
project is also the kind of planning concept which helps people in order to make specific task
decision properly. For the better understanding of this topic respective report is based on 2 parts
in which 1st part of this report will discuss about the Hot-Point organisation, which deals with
home appliances. Wherein, 2nd part will focus on Sunshine drink organisation that deliver fruit
drinks with different flavours. Along with this, report will determine effectiveness of operation
management, regular changes in operational context (Artto, Ahola and Vartiainen, 2016). Lastly,
project life cycle and application of PLC in context to selected firm will get covered in this
report.
TASK 1
P1. Critique and review the execution of operation management principles in regards with an
organization.
In order to implementation on the operation management, this process is totally depends
upon the marketing condition which mainly focuses on the several kind of strategies in business
properly. On the basis of management team, organisation is able to give task to their employees
in a particular time. Therefore, there are different type of principles which is mainly followed by
company to accomplish the future goals effectively. Those, are listed below:
Operation management principles
Reality: According to this principle management of operation required to concentrate on
the overall activity of business issues. This is happen because in today's scenario there is no
universal solution.
Organisation: In the process of manufacturing than all system of the company are
interrelated with each other. Main thing is that win this all elements are predictable so that
operation of management is able to earn good profit and revenue.
Humility: According to this manager of companies are able to understand the erros or
problems in order to save money.
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Accountability: As per this principle, manager expected to their company that they are
able to set the rules and metrics in order to achieve future goals effectively.
Change: With the help of changes in the organisation it can develop the more energy for
customer's as well as employee so that they can work properly and able to adopt several kind of
new theories and solution for problems in an appropriate manner.
Six Sigma
It is effective tool and technique which is mainly used to solve the problems of every
organisation so that they can apply new tools and techniques in their work. It also essential for
the customer's because this methodology help them and give them better solution in order to
achieve goals towards the companies. There are some tools which is used in six sigma, are given
below:
Define: According to this, manager of an organisation find out the requirements of
consumer's. On the basis of this tool Hot-Point can evaluate their customer's needs and also work
accordingly like this company manufacture product with average price to their consumer's.
Measure: This tool identifying the actual performance of an organisation, wherein, Hot-
Point is able to know their current situation within the marketplace so that if there is something
wrong than company can easily improve their features effectively (Fleming and Koppelman,
2016).
Analyse: According to this lots of issues and conflicts can be analysed in order to
develop the good environment within the company. In regards with Hot-Point, able to analyse
their all situation in front of the employees and make better solution to reduce them.
Improves: As per this Hot-Point changes their function to grab future opportunities in a
proper way.
Control: At last, company is able to judge and monitoring their employee's performance
on the behalf of this they can control production process and satisfy their customer's easily.
Lean Principle
It effective or essential approach which is mainly used by many companies in order
design their functions in a unique way. Whereas, Hot-Point concentrate on their product quality
and try to make innovative product for the customer's. There are some benefits which is used to
generate product value in front of the customer's. Are listed below:
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Analyse the value: It is helpful for an organisation as its develop the value of Hot-Point's
product but it is given by the customers because customer's are the one who purchased the
product and make it effective.
Map the value stream: This step is helpful for each organisation in order to achieve
their goals in a proper way. In reference to the, Hot-Point this system or principle will help the
company manager of selected organisation by which they can give guidelines to its employee's
so that they can work good in relation with supplying, goods and product, better strategies and
effective tools and techniques in an appropriate manner.
Develop flow: It develops the flow of delivering good and services to the customer in a
right time at right place properly.
Establish pull: According to this principle manager of selected organisation set up the
new technology or product in order to make their customer's happy.
Seek perfection: It brings the innovative things within the marketplace in order to adopt
several kind of techniques or effective systems to create valuable product properly.
P2. Evolve the regular improvement plan which is based on the organisational principle context.
Basis Approach Implementation
Quality
For making good product within the
firm it is necessary to them like
product should be attractive and good.
In regards with Hot-Point they always
used effective quality of product
which more flexible and influence
customer's (Gilbert and et. al., 2015).
In order to make product from better
quality of raw material than this
selected fir should proper use of lean
principle.
Expenditure
As per this, company evaluate the
overall pricing strategy of their
product in order to exist in the market
for long period of time.
In the implementation of pricing on
the several product company should
focus on their customer's demand so
that they can easily purchase in a
proper way. With the help of this
company is able to achieve objectives
effectively.
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Delivery
This shows the system of controlling
and managing manufacturing and
delivering of product from one place
to another that generate the product
good will within the market in an
effective manner.
For delivering goods and product to
the customer's this selected company
can use the six sigma principle in
order to implement new tool and
techniques in an effective manner. On
the basis of this company can
evaluate, measure and analyse the
several kind of functions within the
marketplace.
Safeguard
According to this, company is able to
offer several kind of safety tools to
their product so that they can safe their
material easily. In this case lean
production system help Hot-Point
company in order provide several
solution from safety.
As per this Hot-Point will use lean
principle approach in order
implement new ideas and plan in their
safety tools so that they can get good
profit from the customer's in an
appropriate manner. Along with this
goods can be keep by employees of
an organization In order to protect
product in a proper way.
Effectiveness of Betterment Plan:
According to the Hot-Point, manager of this organisation mainly used several kind of
princi9ple in order to manage their work properly. With the help of these kind of principle they
can changer their quality of product and able to use six sigma approach to make proper product
in order to satisfy their customers. In the continue process of this concept company can remove
their wastage errors from the manufacturing of product in order to grab loyal customer's within
the marketplace (Glukhov, Ilin and Levina, 2015). Therefore, it enhance the customer's loyalty
towards the firm's product so that company can easily change the product. There are some point
in which company thinks about their employee's, are given below:
Priority's for employee's requirement: As per this the operation manager of selected
company always consider the employee's first with the help of this they motivate the employees
at higher level.
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Finer acceptation of new ideas: According to this, an organisation always keeps their
employee's idea in their mind so that they can implement easily in order to make new product
effectively. As per this employee's can get higher satisfaction from their job.
Effectual relationship with employee's: It is essential for employee's as well as
organisation this because in this situation company needs to make good relation with their
employee's so that they can work accordingly in an effective manner.
Now this can be said that all these principles and approaches are very much effective or
useful for the company and employee's on the behalf of this they can communicate with each
other and this situation will not create any kind of conflicts between them.
TASK 2
P3. PLC in a given project encouraging documentation for completing the project.
In order to launch new product within the market it is essential for the manufacturer to
supply their product art the right time whenever customer's are required. This process involves in
the analysation of product, identification of product etc. along with this with the help of product
manager of the company can develop innovative things and than implement then in order to
make new product. Product life cycle mainly involves in the production, raw material and
utilisation of resources and so on.
In reference to the Sunshine drink organisation they are launching their Vanilla drink
with Orange flavour. But in the present world there are lots of drinks which can be easily
available within the marketplace. In order to face several kind of competition an organisation
need to aware about present factors through several online channels and social media to achieve
their goals and objectives in a proper way (Harrison and Lock, 2017). Along with this, Sunshine
drink company using good quality of raw material and higher quality of water to make their
effective customers easily. With the help of this concept company require to apply innovative
techniques and tools to gain competitive advantage in a proper manner. For making better
product company needs to follow PLC which classified into 4 stages, those are listed below:
Introduction Stage: According to this stage Sunshine drink company required to build
awareness of product and generate good market for the product effectively. Therefore, in this
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company giving some information to their customer like size and shape of the product, cost and
price of the product. With the help of this company can promote their product at higher level in a
proper way.
Growth Stage: As per this selected organisation will enhance the market share in such
way like firstly company will focus on their product quality than pricing strategy will enhance
the demand and distribution channels increase customer's awareness so that in will maximise the
growth rate of product within the market.
Maturity stage: As per this stage Sunshine drink company launched their product
effectively along with this company has to focus on their competitors as well as customer's in
order to achieve future opportunities in a proper manner. So that this influence the company sales
and budget some times.
Decline: At the last stage of PLC company has different kind of option, in this company
can maintain their products at good level. It help in reducing the cost but it can discontinue the
product by facing the few errors. So that it impact negatively on the consumer's perception.
Project methodologies
In this methodology of framework company need to take initiative in order to increase
their future scope, cost and time so that customer's can get attracted in an effective manner. It
also increase the business value as well product value effectively (Kerzner and Kerzner, 2017).
Tools
For making better product company used different type of Gantt chart, charts for forming
unique innovative product within the market. Like Sunshine drink company, is launching Vanilla
drink with orange flavour with innovative ideas within the marketplace.
Business case
Business case mainly related with the various cost, budget, raw material, electricity or
power etc. all elements are useful for Sunshine drink company in order to launch new product
with effective size and shape.
Executive summary
The business case will focus on the future development of this selected organisation with
the product that named as Vanilla drink with orange flavour. Apart from this it will discuss about
the issues and plan of action to meet objectives in a certain period of time.
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Problem or opportunities
According to this company is able to check their viability within the market if their
viability will be good than this company can get higher development for future. If company want
s to launch their new product in the market than it has to face lots of problems related with, land,
labour, capital.
Project plan
According to this plan company is able to attain their desire goals and objectives in an
appropriate manner as well as it is important for developing new business within the market.
Expenditure According to this pricing strategy analyse the specification of
particular product because price matters a lot. In reference to the
sunshine company, manager has to put affordable to cost towards
their product. Cost will be £1000 for Vanilla drink with orange
flavour (Kundu and et. al., 2015).
Resources There are various resources like budget, fund, cost to make
attractive project in a proper way.
Research
methodologies
Research methodologies are the part of secondary research to
analyse the product scope within the market.
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Gantt Chart:
As per this project manager evaluate overall process of their product. In this manager
also focus on different performance of workers within the company. Somewhere, it is
related with Bar chart which is helpful for preparing better quality of project (Lam and Lai,
2015). Therefore, this is important to identify characteristics of project.
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Work breakdown Structure:
In this process manager of project determine the several values and norms in order to
control managerial function to implement new and innovative ideas on the unique project.
With the help of this manager can identified their value of project effectively.
P4. Effectiveness of PLC within the organisation by using specific theories, models and
concepts.
Effectiveness of every organisation's PLC is based on the different aspects such as
reliability or suitability (Nicholas and Steyn, 2017). In regards with Sunshine Drinks Company,
that is launching their product vanilla drink with orange flavour within the marketplace. For
better understanding this topic Waterfall model of PLC will be elaborated below:
This model of PLC consist several kind of stages are following as under:
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Requirement and Needs: As per this, model identifying the requirements of product
which is going to be launched. In reference to the selected company they are needed several
items for their drink like rose essence, vanilla essence etc.
Product Design: In this model shows that how product going to launched within the
market. At the same time, Sunshine drink which is already preparing their new product vanilla
drink with orange flavour in order to grab customer's potentiality in a proper way. So that it can
enhance the firm's ability for future.
Implementation: As per this company is able to apply their innovative things or ideas to
make good trust on the consumer's properly.
Testing: This stage of model is done by the consumer taste and preference, in which
selected organisation also provide their sample to people so that they can taste and able to give
valuable feedback.
Deployment of system: In this stage firm's able to check their maturity level like they
looking ahead for the future opportunities.
Maintenance: According to this step an organisation keep their product effectively so
that it do not harm any product as well as it keep safe which enhance the shelf life of product.
Implementation and Design in order to execute project properly:
For making the better project PLC mainly determined the several kind of issues like
single output, lops of output. But some time all these elements are useful to manage all the
functions of execution project easily. Therefore, implementation is the good thing for making
overall effective product in order to achieve goals and objective in a perfect manner. That's why
designing of the product is good for customer's so that they can get more attraction in an
effective manner (Rosemann and vom Brocke, 2015).
Techniques of cost savings in regards with Product Life Cycle:
In the modern scenario, there are several kind of techniques in order to make good
product life cycle which help in saving the cost in an appropriate manner. There are few points,
which are given below:
 It reduces the production cost and save money effectively in order to enhance product
value within the market.
 Cost saving concept helps in making the good project with attractive thoughts and ideas.
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 Price saving brings the different change and modernization within the project by which
customer's can get affected in positive manner. So it is easy for consumer in order to
purchase anything (Schwalbe, 2015).
 With the help of this, wastage material from the manufacturing cost can be removed by
the company so that they make effective goods or items in a special manner. In the
effectiveness PLC also develop the attractive pricing rate within the marketplace in an
systematic way.
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CONCLUSION
From the above representative report it has been concluded that, operation management is
the activity in order to take appropriate decision for the firm. Whereas, project management
focusing on the designing, planning and controlling the management function effectively. In the
part one operation management principles had been elaborated and improvement plan in regards
with Hot Point has been discussed which is good for every company. In the 2nd part of this report
product life cycle had been completed in reference to the sunshine drink company. By this
organisation can make their product as per the customer's demand. At last effectiveness of PLC
in regards with this sunshine company with the help of several models and theories get discussed
in this report.
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REFERENCES
Books & Journals
Artto, K., Ahola, T. and Vartiainen, V., 2016. From the front end of projects to the back end of
operations: Managing projects for value creation throughout the system
lifecycle. International Journal of Project Management. 34(2). pp.258-270.
Fleming, Q. W. and Koppelman, J. M., 2016, December. Earned value project management.
Project Management Institute.
Gilbert and et. al., 2015. Case management system and method for collaborative project teaming.
U.S. Patent 9,189,756.
Glukhov, V. V., Ilin, I. V. and Levina, A. I., 2015, August. Project management team structure
for internet providing companies. In Conference on Smart Spaces (pp. 543-553).
Springer, Cham.
Harrison, F. and Lock, D., 2017. Advanced project management: a structured approach.
Routledge.
Kerzner, H. and Kerzner, H. R., 2017. Project management: a systems approach to planning,
scheduling, and controlling. John Wiley & Sons.
Kundu, A., and et. al., 2015. A journey from normative to behavioral operations in supply chain
management: A review using Latent Semantic Analysis. Expert Systems with
Applications. 42(2). pp.796-809.
Lam, J. S. L. and Lai, K. H., 2015. Developing environmental sustainability by ANP-QFD
approach: the case of shipping operations. Journal of Cleaner Production. 105. pp.275-
284.
Nicholas, J. M. and Steyn, H., 2017. Project management for engineering, business and
technology. Routledge.
Perry and et. al., 2018, April. Successful Management of Major Marine Operations for the
Hebron Project. In Offshore Technology Conference. Offshore Technology Conference.
Rosemann, M. and vom Brocke, J., 2015. The six core elements of business process
management. In Handbook on business process management 1 (pp. 105-122). Springer,
Berlin, Heidelberg.
Schwalbe, K., 2015. Information technology project management. Cengage Learning.
Takey, S. M. and de Carvalho, M. M., 2015. Competency mapping in project management: An
action research study in an engineering company. International Journal of Project
Management. 33(4). pp.784-796.
Todorović and et. al., 2015. Project success analysis framework: A knowledge-based approach in
project management. International Journal of Project Management. 33(4). pp.772-783.
Online
Operations and Project Management. 2019. [Online]. Available
through:<https://www.beds.ac.uk/research-ref/bmri/centres/bisc/opm>.
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