Course Details
Subject {L-T-P / C} : SM6402 : Operations and Project Management { 3-0-0 / 3}
Subject Nature : Theory
Coordinator : Dr. Vikas Thakur
Syllabus
Introduction: Operations Function and its Applications, Operations Strategy & Competitiveness Current issues in Operations Management, Break Even Analysis for Multi Product Situations Quantitative Forecasting Models. Facility and Capacity Planning: Facility Layout and Location Models, Manufacturing and Service process Selection and Design, Principles and Types of Plant Layout, Strategic Capacity Planning, Matching Demand and Capacity (Aggregate planning). Employee Productivity: Process Analysis, Work System Design, Operations Scheduling, Time Study and Setting Standards, Maintenance Planning and Management. Projects and Project Management: Project Management Life Cycle and Uncertainty, The Project Management Process, Developing and Presenting the Project Plan, Setting up a Project Plan, Project Teams. Managing the Project: Project Planning and Implementation, Project Monitoring, Evaluation and Control, Project Cost Analysis, Managing Issues in Projects, Managing Risks.
Course Objectives
- To gain an understanding and appreciation of the principles and applications relevant to the <br />planning, design, and operations of manufacturing/service firms.
- To gain some ability to recognize situations in a production system environment that suggests <br />the use of certain quantitative methods to assist in decision making on operations management <br />and strategy.
- To understand the managerial responsibility for Operations, even when production is <br />outsourced, or performed in regions far from corporate headquarters.
Course Outcomes
The course will equip students to understand the basic aspects and applications of Operations and Project Management to handle the hindrances in executing a project.
Essential Reading
- Chase, R., Jacobs, F. R., Aquilano, N., & Agarwal, N., Operations Management for Competitive Advantage (11thed.)., The McGraw Hill
- Lientz, B., & Rea, K., Project Management for the 21st Century (3rded.)., Taylor & Francis
Supplementary Reading
- Chary, S. N., Production and Operations Management (5thed.)., Tata-McGraw Hill
- Mahadevan, B., Operations Management: Theory and Practice (2nded.)., Pearson
Journal and Conferences
- Journal of Operations management
- European Journal of operations management