Operation management Dissertation Example | Topics and Well Written Essays - 2250 words

Operation counsel - Dissertation ExampleIn govern to achieve sustainable competitive advantage, the organization will have to set benchmark by comparing its operational circumspection strategies with those of industrys better(p) it was found that management skills and competencies are as important as the technical competencies. It was also found that in order to successfully complete a project, management as well as leadership skills of a project manager is an essential trait. Contents Contents 3 Introduction 4 OrganizationBackground 4 The appointment Objective 4 onward motion and Methodology 4 Literature Review 5 Application to the organization 8 Analysis and Conclusion 9 recommendation 9 Potential costs and benefits 9 Timescales and Resources 10 Risks or potential barriers to implementation 11 Appendix 14 Introduction OrganizationBackground Occidental Petroleum skunk is an oil and gas exploration and production company. It is an international company and it has two oil field s within Oman in both south and north areas. Oxy mukhaizna filed put down high progress interm of production. In 2012 the gross daily oil production was 120,000 barrels per day which is 15 times higher than the production in 2005. thither are some competitors companies in the same sector working in Oman such as Daleel petrolum, Petrogas, Oman Oil Company Exploration & Production and CCED. However, the Petroleum instruction Oman (PDO) is the major competitor to OxyOman. The Assignment Objective The objective if the assignment is to evaluate an operational management theory of Oxy Corporation and application of the theory to provide solutions for the peculiar(prenominal) issue. The report will help in evaluating the current trends and issues pertaining to operations management and what are the reliable strategies through which operational enhancement can be achieved. Approach and Methodology Aqualitative as well asd quantitative approach has been used for the completion of the proj ect. The report is an extensive application based review of the operational theory comprehend topics such as project management, quality management, skills and competency management and their various uses pertaining to oil and gas sector. The various sources used for getting breeding will allow in primary observations as well as secondary data from the company at study and extensive literature review of journals and articles. Some fundamental information about the organisation is as followed Founded in the year 1920 (Oxy Corporation, 2013a). International gas and oil production and gas exploration organisation. Operates in United States, Latin the States and Middle East Region (Oxy Corporation, 2013b). Headquarters in Wilshire, Los Angeles. Literature Review Operational management is one of the critical aspects influencing the successful competitiveness of any gain or manufacturing organisation. Multiple queries and organisational issues such as product choice, manufacturing tec hnology, capacity utilization, quality maintenance and material sourcing and costing and customer management are associated with operational management theories. Operational management can be defined as a management systems in which several activities are performed to transform a set of inputs into a useful output using a transformation process (Turner, 1999). Operational management of an organisation covers various aspects. Few of the important aspects include inventory management, write out chain and logistics management, facilities and