Copyright

Ch 9: Project Management for Operations

About This Chapter

Use the lessons in this chapter to gain a thorough understanding of project management for operations. Our instructors use video lessons that include a short quiz at the end of each lesson to assess your comprehension as you go.

Project Management for Operations - Chapter Summary and Learning Objectives

Management is tasked with how to organize the group's resources, especially its people, for getting company operational objectives met. This chapter contains lessons that instruct on organizing and managing projects to accomplish things. These video lessons are short, engaging and provide know-how, including:

  • Creating projects with the list of steps to take for problem resolution
  • How to use incentives to bonus task completion
  • Understanding a system for predicting time-based projects

Lesson Objective
The Project Team & Work Breakdown Structure See how to break a project into parts that can be assigned to team members.
PERT Analysis & Project Completion Learn how to employ time-based decision methods.
Gantt Charts & Bar Graphs: Henry Gantt's Contributions to Management Get familiar with the use of charting for managing projects.
The Decision Making Process for Organizations Explore the formal decision making process used by managers.
Decision Making for Managers: Certainty, Risk & Uncertainty Discover how to make informed decisions with certainty in spite of risks.
Quantitative Decision Making Tools: Decision Trees, Payback Analysis & Simulations Find out about three proven decision-making tools used by managers.

6 Lessons in Chapter 9: Project Management for Operations
Test your knowledge with a 30-question chapter practice test
The Project Team and Work Breakdown Structure

1. The Project Team and Work Breakdown Structure

A work breakdown structure helps divide a project into smaller, more manageable parts that can then be assigned based on importance and priority. In this lesson, we'll learn about the project team and work breakdown structure.

PERT Analysis & Project Completion

2. PERT Analysis & Project Completion

Time-based decision methods are used a great deal when a manager or company looks at a time-based project. To ensure the project can be done on time, managers use PERT analysis, a tool for estimating the time it will take to complete a project. This lesson will outline PERT and help you to understand how it is used to predict time based projects.

Gantt Charts & Bar Graphs: Henry Gantt's Contributions to Management

3. Gantt Charts & Bar Graphs: Henry Gantt's Contributions to Management

This lesson will describe how Henry Gantt revolutionized management practices by providing a graphical representation, also known as the Gantt chart, of work processes that showed scheduling and monitoring projections. Other contributions of Henry Gantt, such as the task and bonus system, will also be discussed.

The Decision Making Process for Organizations

4. The Decision Making Process for Organizations

We will be discussing the formal decision making process for managers. The process will show you how to look at a problem and use a series of steps to address that problem. It is a key element of managerial decision making and one that is very practical for the business environment.

Decision Making for Managers: Certainty, Risk & Uncertainty

5. Decision Making for Managers: Certainty, Risk & Uncertainty

Making decisions with the most amount of certainty is something managers learn to do over time. In this lesson, we will review how managers work with certainty and risk in order to make informed decisions.

Quantitative Decision Making Tools: Decision Trees, Payback Analysis & Simulations

6. Quantitative Decision Making Tools: Decision Trees, Payback Analysis & Simulations

Successful managers use decision-making tools to analyze a problem and try to determine the best solution for that problem. Here, we will discuss three main decision-making tools and help you to understand their function and implementation.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

Earning College Credit

Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Support