Ravi Jangra Business Consultant +91 98118 11231 [email_address] Project & Production Management
Ravi Jangra Business Consultant +91 98118 11231 [email_address] An Overview
Ravi Jangra Business Consultant +91 98118 11231 [email_address] Project & Production Idea Design Plan <ul><li>Concrete Ent...
Ravi Jangra Business Consultant +91 98118 11231 [email_address] Project & Production <ul><li>Projects </li></ul><ul><li>Au...
Ravi Jangra Business Consultant +91 98118 11231 [email_address] Mix of Projects & Production PROJECTS & PRODUCTION ARE INT...
Ravi Jangra Business Consultant +91 98118 11231 [email_address] AIM OF PRODUCTION <ul><li>To provide goods and services fo...
Ravi Jangra Business Consultant +91 98118 11231 [email_address] NATURE OF PRODUCTION Inputs Transformation Outputs
Ravi Jangra Business Consultant +91 98118 11231 [email_address] NATURE OF PRODUCTION <ul><li>Inputs </li></ul><ul><li>Men ...
Ravi Jangra Business Consultant +91 98118 11231 [email_address] NATURE OF PRODUCTION <ul><li>Inputs </li></ul><ul><li>Men ...
Ravi Jangra Business Consultant +91 98118 11231 [email_address] NATURE OF PRODUCTION <ul><li>Inputs </li></ul><ul><li>Men ...
Ravi Jangra Business Consultant +91 98118 11231 [email_address] VALUE ADDITION THROUGH TRANSFORMATION <ul><li>Operations i...
Ravi Jangra Business Consultant +91 98118 11231 [email_address] HOW VALUE ADDITION TAKES PLACE? <ul><li>ALTER </li></ul><u...
Ravi Jangra Business Consultant +91 98118 11231 [email_address] KIND OF TRANSFORMATION <ul><li>Physical as in Manufacturin...
Ravi Jangra Business Consultant +91 98118 11231 [email_address] GROSS MEASURES OF PERFORMANCE <ul><li>Production  = Output...
Ravi Jangra Business Consultant +91 98118 11231 [email_address] ECONOMIC MEASURES OF PERFORMANCE <ul><li>Investment (initi...
Ravi Jangra Business Consultant +91 98118 11231 [email_address] NEW CHALLENGES IN PRODUCTION <ul><li>Competition </li></ul...
Ravi Jangra Business Consultant +91 98118 11231 [email_address] PRODUCTION AS A PART OF THE SUPPLY CHAIN Transformation Pr...
Ravi Jangra Business Consultant +91 98118 11231 [email_address] FEATURES OF SERVICE ORGANIZATION <ul><li>Customer particip...
Ravi Jangra Business Consultant +91 98118 11231 [email_address] OPERATIONS MANAGEMENT <ul><li>The performance of Manageria...
Ravi Jangra Business Consultant +91 98118 11231 [email_address] Questions & Answers References – Prof. Arun Kanda, IIT Del...
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Project &amp; Production Managment

  1. 1. Ravi Jangra Business Consultant +91 98118 11231 [email_address] Project & Production Management
  2. 2. Ravi Jangra Business Consultant +91 98118 11231 [email_address] An Overview
  3. 3. Ravi Jangra Business Consultant +91 98118 11231 [email_address] Project & Production Idea Design Plan <ul><li>Concrete Entity </li></ul><ul><li>Factory </li></ul><ul><li>Building </li></ul><ul><li>Highway </li></ul><ul><li>Prototype </li></ul><ul><li>Products </li></ul><ul><li>Services </li></ul>
  4. 4. Ravi Jangra Business Consultant +91 98118 11231 [email_address] Project & Production <ul><li>Projects </li></ul><ul><li>Automobile Factory </li></ul><ul><li>Build a House </li></ul><ul><li>Construct Hospital </li></ul><ul><li>Conceive new products </li></ul><ul><li>Develop prototype </li></ul><ul><li>Done Once </li></ul><ul><li>Concrete Entity </li></ul><ul><li>Produce Automobiles </li></ul><ul><li>Operate household </li></ul><ul><li>Treat patients </li></ul><ul><li>Manufacture </li></ul><ul><li>Produce multiples </li></ul><ul><li>Done repetitively </li></ul>
  5. 5. Ravi Jangra Business Consultant +91 98118 11231 [email_address] Mix of Projects & Production PROJECTS & PRODUCTION ARE INTIMATELY INTERWOVEN IN REAL LIFE <ul><li>Projects </li></ul><ul><ul><li>start production and solve problems related to </li></ul></ul><ul><ul><li>Operations, Maintenance, Housekeeping </li></ul></ul><ul><ul><li>Marketing, Distribution, Quality </li></ul></ul>
  6. 6. Ravi Jangra Business Consultant +91 98118 11231 [email_address] AIM OF PRODUCTION <ul><li>To provide goods and services for mankind </li></ul><ul><ul><li>In the right quantities </li></ul></ul><ul><ul><li>At the appropriate place </li></ul></ul><ul><ul><li>At the desired time </li></ul></ul><ul><ul><li>With the required quality </li></ul></ul><ul><ul><li>At a reasonable cost </li></ul></ul>
  7. 7. Ravi Jangra Business Consultant +91 98118 11231 [email_address] NATURE OF PRODUCTION Inputs Transformation Outputs
  8. 8. Ravi Jangra Business Consultant +91 98118 11231 [email_address] NATURE OF PRODUCTION <ul><li>Inputs </li></ul><ul><li>Men </li></ul><ul><li>Machines </li></ul><ul><li>Materials </li></ul><ul><li>Money </li></ul><ul><li>Information </li></ul><ul><li>Energy </li></ul><ul><li>----- </li></ul>Transformation <ul><li>Outputs </li></ul><ul><li>Desirable </li></ul><ul><li>Undesirable </li></ul>
  9. 9. Ravi Jangra Business Consultant +91 98118 11231 [email_address] NATURE OF PRODUCTION <ul><li>Inputs </li></ul><ul><li>Men </li></ul><ul><li>Machines </li></ul><ul><li>Materials </li></ul><ul><li>Money </li></ul><ul><li>Information </li></ul><ul><li>Energy </li></ul><ul><li>----- </li></ul>Transformation <ul><li>Outputs </li></ul><ul><li>Desirable </li></ul><ul><li>Undesirable </li></ul>Feedback
  10. 10. Ravi Jangra Business Consultant +91 98118 11231 [email_address] NATURE OF PRODUCTION <ul><li>Inputs </li></ul><ul><li>Men </li></ul><ul><li>Machines </li></ul><ul><li>Materials </li></ul><ul><li>Money </li></ul><ul><li>Information </li></ul><ul><li>Energy </li></ul><ul><li>----- </li></ul>Transformation <ul><li>Outputs </li></ul><ul><li>Desirable </li></ul><ul><li>Undesirable </li></ul>Feedback Environment – Social – Economic – Political
  11. 11. Ravi Jangra Business Consultant +91 98118 11231 [email_address] VALUE ADDITION THROUGH TRANSFORMATION <ul><li>Operations is the process of changing inputs into outputs and thereby adding value to some entity. This constitutes the primary function of virtually every organization. </li></ul>
  12. 12. Ravi Jangra Business Consultant +91 98118 11231 [email_address] HOW VALUE ADDITION TAKES PLACE? <ul><li>ALTER </li></ul><ul><ul><li>Physical </li></ul></ul><ul><ul><li>Sensual </li></ul></ul><ul><ul><li>Psychological </li></ul></ul><ul><li>TRANSPORT </li></ul><ul><li>STORE </li></ul><ul><li>INSPECT </li></ul>
  13. 13. Ravi Jangra Business Consultant +91 98118 11231 [email_address] KIND OF TRANSFORMATION <ul><li>Physical as in Manufacturing </li></ul><ul><li>Location as in Transportation </li></ul><ul><li>Exchange as in Retailing </li></ul><ul><li>Storage as in Warehouse </li></ul><ul><li>Physiological as in Hospital </li></ul><ul><li>Attitudinal as in Reading </li></ul><ul><li>Informational as in Entertainment </li></ul>
  14. 14. Ravi Jangra Business Consultant +91 98118 11231 [email_address] GROSS MEASURES OF PERFORMANCE <ul><li>Production = Output/Time </li></ul><ul><li>Productivity = Output/Time (in a given Time) </li></ul><ul><li>Efficiency = Actual/Target </li></ul><ul><li>Effectiveness = Capacity to achieve desired goal </li></ul><ul><li>Flexibility = capacity to respond to change </li></ul><ul><li>(internal and external) </li></ul>
  15. 15. Ravi Jangra Business Consultant +91 98118 11231 [email_address] ECONOMIC MEASURES OF PERFORMANCE <ul><li>Investment (initial and phased) </li></ul><ul><li>Profit (gross and net after taxes) </li></ul><ul><li>Revenue </li></ul><ul><li>Turnover </li></ul><ul><li>Net Present Value (NPV) </li></ul><ul><li>Benefit/Cost ratio </li></ul><ul><li>Internal Rate of Return </li></ul><ul><li>Payback period </li></ul>
  16. 16. Ravi Jangra Business Consultant +91 98118 11231 [email_address] NEW CHALLENGES IN PRODUCTION <ul><li>Competition </li></ul><ul><li>More Products </li></ul><ul><li>Demanding customer </li></ul>Price Quality Greater variety Reduced lead time Customer satisfaction
  17. 17. Ravi Jangra Business Consultant +91 98118 11231 [email_address] PRODUCTION AS A PART OF THE SUPPLY CHAIN Transformation Process Vendor Warehouse Retailer
  18. 18. Ravi Jangra Business Consultant +91 98118 11231 [email_address] FEATURES OF SERVICE ORGANIZATION <ul><li>Customer participation </li></ul><ul><li>Services not inventoried </li></ul><ul><li>Service capacity time perishable </li></ul><ul><li>Customer governs location </li></ul><ul><li>Generally labour intensive </li></ul><ul><li>Intangible nature of service </li></ul>
  19. 19. Ravi Jangra Business Consultant +91 98118 11231 [email_address] OPERATIONS MANAGEMENT <ul><li>The performance of Managerial Activities in </li></ul><ul><ul><li>Selecting </li></ul></ul><ul><ul><li>Designing </li></ul></ul><ul><ul><li>Operating </li></ul></ul><ul><ul><li>Controlling </li></ul></ul><ul><ul><li>Updating </li></ul></ul><ul><ul><li>Productive system </li></ul></ul>
  20. 20. Ravi Jangra Business Consultant +91 98118 11231 [email_address] Questions & Answers References – Prof. Arun Kanda, IIT Delhi

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