Operations Management Term Paper

Operations Management
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Introduction
Strategy and Sustainability are increasingly becoming relevant subjects for several organizations in the world today, a factor that gives a clear indication of the growing significance of these two elements. Many sustainable impacts are strongly rooted in operations management decisions. Organizations, therefore, need to articulate on effective decisions and strategies that are critical for the functions of operations management and incorporate the prospects of sustainable management.
These aspects have an implication on the processes associated with all the aspects of operations management that inclusively include strategy, planning, design, control and improvement (Nenonen, 2013). An instance of this can be depicted in an organizations environmental and social performance objective in which the targets of the organization and indicators need to be aligned and integrated with costs, quality and other performance measures.
In this, an organization develops a closed loop supply chain approach that jells with it the requirements of the stakeholders including the customer’s operations decisions. The scope of a given operation within an organization can, therefore, be expanded significantly with the nature of the operations management altered. The implications of this would, therefore, result in the development of approaches geared towards meeting this needs.
1.1 Module 2
Project Management
This infers to a combination of logical practices that are employed by organizations including the methods, and processes that determine how to appropriately determine how an organization can plan, develop, control and complete a project throughout a continuous lifecycle until success is achieved (Lahav, 2014). The rationale behind project management approach is to provide a clear follow-up through the entire process of management through an efficient process of decision making and problem solving while considering the successes of particular processes, approaches methods and ideologies.
A project management approach therefore requires an organization to develop a methodology that provides a framework and skeleton that gives an in-depth analysis of the strategies that an organization will deploy in meeting its objectives. The table below offers a skeleton of an approach that would be implemented by an organization in achieving these goals.
Table 1.1
Project Management Approach
Methodology
Lifecycle Stages
Process
Tasks and Activities
Project Management Framework
Project management, therefore, refers to a systemized approach employed by an organization that articulates the functions of resources, material, and the human resources that are available for the completion of a project. In order to develop an appropriate framework for the management of a project, there are varied activities that an organization needs to consider. Their activities will, therefore, examine the prospects of planning and monitoring in order to determine the achievements of such an organization's initiative effectively (Lahav, 2014).
The planning process involves the administration of schedules that begin from the initial steps to the final ...