operations

Powerful Essays
Project is defined as a collaborative enterprise, involving research or design that is carefully planned to achieve a particular aim. Projects can be further defined as temporary rather than permanent social systems or work systems that are constituted by teams within or across organizations to accomplish particular tasks under time constraints.
Project management is the process and activity of planning, organizing, motivating, and controlling resources, procedures and protocols to achieve specific goals in scientific or daily problems. A project is a temporary endeavor designed to produce a unique product, service or result with a defined beginning and end undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value.
Project management triangle: Stages:
Whether a project is large or small, the stages of a project are ultimately the same. Initiation
A solid project initiation will not only set your project up for success but it will also lay the groundwork for all future stages. During initiation, you'll get the project team members assigned, brief them on the overall project goals and ask the client or project owner as many questions as possible so you can plan the project efficiently.
Planning
Once you've initiated the project and gathered all relevant information, you'll then begin planning your project. The planning stage depends on the size of your project, how much information you have to organize and how large your team is. The end result of planning should be a clear project plan or schedule, from which everyone will follow their assigned tasks.
Execution
Now that you have a solid project plan, the team can begin executing the project against their assigned tasks. This is the stage where everyone actually starts doing the work. You'll want to officially kick-off the execution stage with in-person meetings to

You May Also Find These Documents Helpful

  • Satisfactory Essays

    operation

    • 271 Words
    • 2 Pages

    STUDY OUTLINE FOR CHAPTER 1 INTRODUCTION TO Operations Management 1. Operations management deals with the design and management of products, processes, services and supply chains. It considers the acquisition, development, and utilization of resources that firms need to deliver the goods and services their clients want. 2. What are the three basic functions in business organizations? 1)operation, or product service knowledge 2) finance 3) marketing 3. A supply chain consists…

    • 271 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Operations

    • 681 Words
    • 3 Pages

    Q1) To understand a company’s operations the following areas should be primarily researched: 1) Identify the position of the company on the Product-Process matrix: The product-process matrix is a tool for analysing the relationship between the product life cycle and the technological life cycle. A company can be characterized as occupying a particular region on the matrix. Identify where the company lies on the matrix: job shop, batch, line or continuous. In case of a company such as…

    • 681 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Operations

    • 9746 Words
    • 39 Pages

    SUPPLY CHAIN MANAGEMENT REPORT SPONSORS SAP is the world's leading provider of business software solutions. Through mySAP Business Suite, people in businesses around the globe are improving relationships with customers and partners, streamlining operations, and achieving significant efficiencies throughout their supply chains. The unique core processes of various industries, from aerospace to utilities, are supported effectively by SAP's 23 industry solution portfolios. Today, more than 20,500 customers…

    • 9746 Words
    • 39 Pages
    Powerful Essays
  • Good Essays

    Operations

    • 5930 Words
    • 24 Pages

    Chapter 01 Introduction to Operations Management True / False Questions 1. Operations managers are responsible for assessing consumer wants and needs and selling and promoting the organization's goods or services. True False 2. Often, the collective success or failure of companies' operations functions will impact the ability of a nation to compete with other nations. True False 3. Companies are either producing goods or delivering services. This means that only one of the two…

    • 5930 Words
    • 24 Pages
    Good Essays
  • Powerful Essays

    Operations

    • 3412 Words
    • 14 Pages

    Case Study Supporting Operations Management at Standard Bank A Case Study by Bloor Research Author : Simon Holloway Publish date : September 2010 Standard Bank, by using QPR software for their Six Sigma initiatives, were able not only to map the processes to a standard, but to produce measures aligned to higher level objectives, with targets that were realistic and achievable, resulting in hard savings Simon Holloway Supporting Operations Management at Standard Bank Introduction The…

    • 3412 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    operation

    • 5225 Words
    • 21 Pages

    2 C H A P T E R Operations Strategy in a Global Environment DISCUSSION QUESTIONS Human Resources 1. Global seems the better label for Boeing since authority and responsibility reside in the U.S.—the home country. Supply Chain 2. Six reasons to internationalize: Reduce costs, improve supply chain, provide better goods and services, attract new markets, learn to improve operations, attract and retain global talent. Scheduling 3. No. Sweetness at Coca-Cola is adjusted for…

    • 5225 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    Operations

    • 1105 Words
    • 5 Pages

    Five steps in the New Product Development Process, as understood by most marketing textbooks 1. Idea Generation brainstorming - thinking about it creating a new product based on some observed need thinking of a new product based on some accident or chance circumstance 2. Screening getting opinions from employees potential customers media government what are the weaknesses of existing products that are similar is there any competition for a new product What are the industry sales…

    • 1105 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Operations

    • 3835 Words
    • 16 Pages

    International Journal of Business and Social Science Vol. 2 No. 17 www.ijbssnet.com A STUDY OF SUPPLY CHAIN MANAGEMENT PRACTICES: AN EMPIRICAL INVESTIGATION ON CONSUMER GOODS INDUSTRY IN MALAYSIA. Dr.Inda Sukati Prof. Dr. Abu Bakar Abdul Hamid Assoc. Prof. Dr. Rohaizat Baharun Dr. Huam Hon Tat Faculty of Management and Human Resource Development Universiti Teknologi Malaysia E-mail: indasukati@utm.my Fazila Said Malaysia Nuclear Agency Malaysia ABSTRACT The purpose of this research is…

    • 3835 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    Operations

    • 412 Words
    • 2 Pages

    Allow me to start by saying “The Goal” was truly an enjoyable experience in learning the fundamental concepts of operations management. This was a non-traditional and fun way to gain knowledge. I would have never imagined learning such “operational principles” in an entertaining manner. Bravo Professor Kouvelis for instituting education in creative and informative way. Now, on to the questions at hand… 1. Give me the definitions of throughput, inventory and operational expense given in The…

    • 412 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Operation

    • 6477 Words
    • 26 Pages

    Designing a Sustainability Management System at BMW Group The Designworks/USA Case Study Kellie A. McElhaney and Michael W. Toffel Haas School of Business, University of California, Berkeley, USA Natalie Hill Human Rights Center, University of California, Berkeley, USA G Sustainable management system (SMS) G Industrial design G Triple bottom line G Sustainability G UN Global Compact G Case study This case study describes how an industrial design company developed a sustainability management…

    • 6477 Words
    • 26 Pages
    Powerful Essays