International Development homework help
International Development homework help. Provide a 10 pages analysis while answering the following question: Difference between Operations and Project Management. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. The science of operations management rests on preset guidelines, though subject to change. There is a precedent to fall back on and set benchmarks for the future. The forecasting techniques use past references for extrapolation. All guidance is empirical, based on past experiences in the business and the market. Market expansion and leadership(sales and marketing), innovation (R & D which may also result in New Projects), establishing financial viability(profits), employee welfare (HR Initiatives) and information sharing (two-way communication and transparency) are some of the important functions of operations management. The team practices are established, though the incumbents may keep changing over time, bringing with them, a breath of fresh air in the form of refinement in processes. The science of Project Management, on the other hand, speaks of establishing or setting down the entire system basis a concept note or proposal which has been translated into an agenda-driven exercise and aims to achieve a certain minimum target, as the starting point, on which the operation will begin to build up. Market viability research, Financial Planning, Recruitment, Communication are the critical starting points of Project Management. Here, the focus will be on organizations offering logistic services. Simply stated, logistics covers the flow of material, from the raw material stage to the point of manufacturing, and thence to the end consumer for final consumption. after which the disposables or waste transportation is again, taken care of, by logistics. Over the years, logistics has become specialized and structured according to industry requirements. Professional skills in Logistics Management are being taught in premier institutes of learning. As businesses stretch out globally, logistic requirements become even more critical for the success of a business enterprise. For purposes of convenience, we will take logistics here to mean services offered for .movement of goods and transportation, supply chain logistics where any manufacturing organization has outsourced its transportation needs to logistic experts and companies offering logistics services. .
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