Operations and project management, Project Management

Operations and project management:

Operations and project management are very important functions in any organisation. Operations management is is concerned with the production and delivery of an organisation's products and services. According to Slack et al (2006), "Everything you wear, eat, use, or read comes to you courtesy of the operations managers who organised its production, as does every bank transaction, hospital visit and hotel stay. The people who produced them may not always be called operations managers, but that is what they really are." Similarly, businesses are regularly faced with a number of events - introduction of new products or services, construction, etc. - which could be viewed as projects. Growing project complexity and collapsing product/service life cycles post significant project management challenges.

1155_Operations and project management.png

The diagram below shows the role of operations compared with the other main functions of an organisation. Most of the capital invested in an organisation is in its operations function and so are the majority of jobs! Effective operations management can keep costs down, win business and develop capabilities that provide for competitive advantage. It therefore is strategically important to organisations and is relevant to all sectors of the economy, including public and not-for-profit organisations. Operations managers are concerned with planning, organising, staffing, leading and controlling, and therefore some of the principles and practice of operations management are relevant to any manager!

The new global environment for operations demands new ways of thinking on the way we approach the management of our own organization and those we network to.  Global sourcing and relocation are now commonplace for manufacturing and service organisations, and public sector organisations are now contracting on a global scale.  The module seeks to provide a fundamental understanding of operations management and procurement.  This is then developed into the new ways in which organisations should be managed in the global context.

Posted Date: 2/14/2013 7:20:59 AM | Location : United States







Related Discussions:- Operations and project management, Assignment Help, Ask Question on Operations and project management, Get Answer, Expert's Help, Operations and project management Discussions

Write discussion on Operations and project management
Your posts are moderated
Related Questions
Balancing Efficiency An efficient line balancing will minimize the amount of idle time.  The balance efficiency can be calculated as Eff B = output of task time / in

What types of errors disclosed in Trial Balance? A Trial Balance discloses the given types of errors as illustrated follows: a. An item posted two times. b. A mistake int

B enefits of quality The benefits of quality in project performance are: C ustomer satisfaction: is the result of a quality product or project. If customers requirem

Scope of Activities for Supplier Quality In the current day's scenario, certain organisations outsource the movement of  raw materials sources and distribution channels in orde

Project process cycle  Any project professionally planned will target specified goals within the framework of time with available resources. The project passes through the foll

What is the importance of man power planning in human resources management? Significance of Man Power Planning within Human Resources Management is as illustrated here: a. M

1. Briefly trace the development and growth of Walmart from 1969 to the present through the application of corporate strategies - what types of strategies have these been? 2. Th

Question 1: (a) Mr Dupuy, the Chaiperson of the Rose Flower Senior Citizen Association having its seat at 30 Avenue Des Loisirs Pointes-aux-sables wishes to call a meeting of m

Q. How much time should planning take? T imes taken for individual projects differ considerably frequently due to circumstances beyond the project manager's control such as ch

Agile software development is a group of software development procedures based on iterative and incremental development, where requirements and solutions develop through collabora