project

QUESTION 2

The final Portfolio Project is structured to help demonstrate your understanding of the course material, as well as the implications of new knowledge gained from outside research. The subject organization may be your workplace, an organization that you are familiar with, or an organization discovered in your research. Information about the subject organization must be publicly available and properly referenced in your work. As part of the initial Portfolio Project Milestone due in Module 4, you must secure instructor approval for the organization selected for your Portfolio Project.

Based on your analysis, you will write an assessment about the subject organization's OM strategy and practices. When writing the assessment, assume the role of a highly regarded operations management professional commissioned to review, analyze, and describe the organization's OM for achieving increased sustainable business value. Your assessment should address the following key elements:

1. Subject Organization: Name and briefly describe the subject organization in this section, including its mission. In this section, at least one in-text citation must refer to a source in your reference list that can be accessed by the reader to learn more details about this organization.

2. Operations Management: Define OM and relate the subject organization's mission, operational strategy, and productivity measurements; compare and contrast OM with project management.

3. OM Forecasting: Define forecasting in the context of OM; identify the subject organization's forecasting methods and practices; relate the Seven Steps in the forecasting system to the subject organization; highlight potential ethical considerations related to the subject organization's forecasting; recap applicable lessons learned based on your Forecasting Simulation experience and describe how they apply to your subject organization.

4. Define Operations: Define design of goods and services and relate to the subject organization; highlight OM process, location, and human resource strategy in the context of subject organization.

5. Quality Management: Define quality and identify common OM quality management best practices; identify the subject organization's quality management methodology; recap applicable lessons learned based on your Quality Management Simulation experience and describe how they apply to your subject organization.

6. Supply Chain Management: Define supply chain management (SCM); designate the subject organization's SCM strategy and explain the basis for determination; describe the subject organization's use of technology for SCM; identify potential SCM risks and SCM ethical considerations related to the subject organization; recap applicable lessons learned in your Supply Chain Management Simulation experience and describe how they apply to your subject organization.

7. Inventory Management: Define inventory management, its importance, and common inventory models; identify the subject organization's inventory management practices; identify potential ethical considerations related to the subject organization; recap applicable lessons learned in your Inventory Management Simulation experience and describe how they apply to your subject organization.

8. Aggregate Planning: Define sales and operations planning (SOP) and relate to the subject organization; define materials resource planning (MRP) and enterprise resource planning (ERP) and relate to the subject organization; describe the subject organization's use of technology for aggregate planning.

9. Lean Operations: Define lean operations; identify the subject organization's lean operations practices; relate strategic importance of maintenance and reliability to the subject organization; identify an OM innovation to improve the subject organization's operations for competitive advantage.

10. OM Information Technology: Describe the role of information technology in operations management.  Describe three technology Innovations that has significantly transformed operation management practices.

Submit your Portfolio Project paper as a single Microsoft Word document to the Module 8 submissions area established for this purpose.

Your essay should address the following requirements:

· Your well-written OM assessment essay thesis should be 12-15 pages in length, which does not include the title, reference, of appendix pages.

· Include a title and a reference page.

· In addition to your course text book, cite at least six current scholarly resources to support your assertions and conclusions.

· Include an appendix for tables and figures.

Please write clearly, concisely, and cohesively; use section level headers to organize the key elements of your thesis.

QUESTION 1

Common Portfolio Project Milestone Requirements

Having selected the subject organization for your Portfolio Project Operations Management (OM) Assessment, create an initial draft of the Portfolio Project paper based on the key elements stipulated in the Module 8 Portfolio Project requirements. For this Portfolio Project Milestone, include a title page, an introduction, and a reference page with at least two current scholarly references (published within the past five years) in addition to the course text book. For your initial Portfolio Project paper draft include substantive content for the following sections:

1. The entire Subject Organization section

2. The entire Operations Management section

3. The entire OM Forecasting section

4. The entire Define Operations section.

For all other Portfolio Project requirements, merely include the required key elements (and sub-element items) as appropriately APA formatted section level headers as placeholders for content to be subsequently added to your final Portfolio Project paper due in week 8.

Additionally, your Portfolio Project Milestone paper should address the following requirements:

· Your well-written OM assessment essay thesis should be 5-7 pages in length (beyond the title, reference, of appendix pages).

· Format your paper, which includes an introduction and conclusion. Note: a conclusion section is not required for your draft paper.

· Include a title and a reference page.

· In addition to your course text book, cite at least two current scholarly resources to support your assertions and conclusions.

· Include an appendix for tables and figures.