This report provides a comprehensive overview of operations and project management, focusing on the application of key theories and methodologies within the context of XYZ organization. It begins by critically evaluating the concepts of lean principles and Six Sigma, assessing their relevance and implementation in improving product quality and operational efficiency. The analysis extends to the effectiveness of continuous improvement plans, emphasizing the role of operations management principles in enhancing productivity and profitability. Furthermore, the report delves into the project life cycle, evaluating each stage and the appropriate methodologies, tools, and leadership approaches required for successful project completion. It also explores the differentiation between small-scale and large-scale projects, considering the application of relevant theories and models. The report aims to provide insights into managing business operations effectively, enhancing product development, and achieving organizational goals.