describe the relationship between project management, operations management, and organizational strategy
Before understanding the relationship between project management, operation management, and organizational strategy, let's first understand what these terms mean.
What is Project Management?
What is Operation Management?
What is Organizational Strategy?
The relationship between Project Management, Operations Management, and Organizational Strategy:
To understand the relationship between Project Management, Operations Management, and Organizational Strategy, let's consider Operation Management as a one big system which consists of various projects into it, and to make the system successful it requires a strategic approach.
Operation management is a backbone of any organization which includes controlling & co-ordinating the working of every department of an organization. Project management is a small part of an operation management process, and for its successful completion organizational strategy plays a major role. Project management consists of a single, or multiple projects of various departments which are part of operations management. Organizational strategy provides a roadmap for successful accomplishment of any project. Organizational strategy also provides a framework for successful management of operations inside an organization.
Fig: The relationship between Project Management, Operations Management, and Organizational Strategy.
A simple example that shows the relationship between Project management, Operation Management, and Organizational Strategies is:
Suppose an organization got a project for manufacturing a car, this is a part of project management. For its successful completion, the department requires various raw materials, or other resources, this is part of the operation management team, and to complete the project on time with utilizing resources that it saves cost needs a planned organizational strategy.
"If you liked the answer please give an Up-vote, this will be quite encouraging for me, thank you!"
describe the relationship between project management, operations management, and organizational strategy
describe the relationship between project management, operations management, and organizational strategy
Strategy is an important part of project management and business decisions. Define strategy and describe in detail the steps involved in selecting the best strategy for a given situation. Share an example of a company that executes strategy well and a company that has struggled in this area. What did the two companies do differently?
identify and discuss behavioral, political, ethicalin strategy analysis describe relationship between production operation and strategy implementation
Please describe the topics below (500-1000 words) -- Project Management Course. The role of the project manager with understanding the required organizational governance and stakeholders. Include key skills required by the project manager to perform each and be clear on why each of these activities are important to successful project management. Finally, identify where each of these three process areas; management, organizational, and stakeholder management are used within a project, a graphic for this will be acceptable without any written...
Describe the significance of project portfolio management. Describe project requirements, product development, product delivery, and post-project activities. What is considered as a successful business operations and project management.
Describe the significance of project portfolio management. Describe project requirements, product development, product delivery, and post-project activities. What is considered as a successful business operations and project management.
Discuss the relationship between health care regulation compliance and quality management. Demonstrate the quality management tools that could be used as process control techniques to support compliance efforts. Select two (2) quality management tools (e.g., control charts, Pareto charts, fishbone diagrams). Provide a visual example for each tool selected, and, in an executive summary for the CEO and Board of Directors, describe how each tool can be used to inform internal policies, processes, and organizational structure decision making.
Describe the contingency theory of management accounting and discuss the relationship between various contingent factors and features of the management accounting system.
Discuss the tradeoffs between the three objectives in Project management. How do these tradeoffs depend on the life cycle of the project? Identify some multicultural factors requiring special consideration in projects and project managers. Discuss the advantages and disadvantages of housing projects within each of the three major organizational forms: functional, pure project or matrix organization. Explain the effects of the organizational form on coordination and interaction both within the project team and between the team and the rest of...
What is the relationship between processes and value? Also, how does operations and supply chain management balance supply and demand to exceed customer expectations?