NDB504 Introduction to Managing Operations Level 5 Assignment Sample

This Is the assignment sample of NDB504 Introduction to Managing Operations Level 5. In this online course, you will learn about how to do a business plan for an imaginary company.

You will have to find your way around the office so that you know what each department is responsible for.You need to know how to operate a business. This online course teaches you about the basics of operating a business, and it also teaches you about issues that can cause chaos for managers.

Assignment Solutions Of NDB504 Introduction to Managing Operations Level 5.

Assignment Activity 1. Identify operational issues and challenges

In an accounting office, there are many challenges. Hiring and maintaining talent is hard. Auditing the client accounts to make sure they are correct can be tricky.

There are also time constraints with the budget and ensuring that reports are accurate.The hiring process is when an employee leaves or moves to another department, so we need someone to replace them.

Without a replacement, there are more gaps in the organization. There are also problems because many people leave their jobs.This means that there are always new people who come and go from the company.

This has bad results. They have not had enough time for training new hires because they often leave soon after being hired. This is because there are no jobs for them to do.So employees are more likely to make calculation mistakes and commit errors later on in the work day when they work on something else.

Assignment Activity 2. Apply techniques for operational improvement

The purpose of operations is to improve business. You need to understand processes and the reason they exist in order to make changes.

Operations improvement should be done carefully and with other departments because no one person can do it alone. There are many ways, but here are some examples

1) Make sure your team’s goals match operations improvement. If they are working towards two different goals, it will not work.

2) Different ways to run a company affect how the company does. There are many different kinds–lean, kanban, and value stream mapping. Do not make assumptions that people know these things.

3) When people evaluate how well the company is doing, they look at how much was spent on things. That is called cost of goods sold. People also look at how many things were made and sold in this time. That’s called throughput. Make sure to tell people these numbers when they are talking about your company.

Assignment Activity 3. Explore and apply techniques to manage projects

There are four broad categories of techniques that can be used to manage projects: Workflow, Monitoring and Control, Decision Making and Intervention, Estimation.

Workflow –The workflow process is based on KPIs that are measured comprehensively for the business. This comprehensive measurement will help to determine what work needs to be completed next, and where a certain project falls in terms of priority.

Monitoring and Control -Monitoring and control are things that happen in project management. You can see how the project is going by watching it. People can also make sure that there are no problems, like if an outside person is trying to hurt the project.

And you can summarize what happened so people know what happened. If a project doesn’t work out according to predictions, then you might need to do something different with future projects because these things depend on past performance.

Decision Making and Intervention –Management is the process of getting things done. People need help with decision making and intervention techniques for managing projects to help them accomplish what they want to achieve in life.

The technique that will deliver successful outcomes is using a four step process, using assessments, diagnostics, therapeutic interventions and coaching strategies in consultation with other professionals if needed.

The first key area we focus on is strengths rather than weaknesses. What does the individual do well? For example, the child can quickly organise a small task or review work they have completed before submitting it.

Estimation –Estimation techniques are different. They are not the same for every project.

There may be some things that you need to do to figure out how much your project will cost, like breaking down the work into pieces or estimating how long it will take.You can add a safety buffer and then add up all of these things (the time and money) to find out the total cost of your project.

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