About This Chapter
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
|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.|
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.
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.
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.
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.
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.
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.
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Other chapters within the Business 312: Advanced Operations Management course
- Introduction to Operations Management
- Business & Operations Processes
- Quality Management & Control
- Continuous Process Improvement
- Forecast & Demand Planning
- Performance Metrics & Process Variability Analysis
- Supply Chain & Inventory Management
- Sustainability & Lean Management Systems
- Cost Analysis
- Managing Risk in Operations Management
- Required Assignments for Business 312
- Studying for Business 312