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Operations Management (Contemporary issues (Projects Managed (Project (one…

- - - - one time only set of activities
    - - task of getting project done on time
  - - - planning tool, shows in bar graph
    - - modified version of a Gantt Chart
  - - - international quality standards to ensure products conform to customer
    - - quality standard, no more than 3.4 defects
  - - - Activities
        
        actions that take place
      - Critical Path
        
        longest sequence of events
      - Events
        
        end points that represent the completion of major activities
- - - - physical goods
    - - nonphysical products in the form of services
    - - converts resources into finished goods & services
- - - - collaboratively with other partners
      - new measures needed
      - better demand forecasting
- - - - add value each step from raw to finished
    - - process of managing along the value chain
    - - performance characteristics, features, attributes, etc