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Operations Management: Planning and Control
Master demand planning, project management, and risk controlPreview the first lesson free — get full access to all 8 lessons.
Intermediate Provider : KnowledgeCity 8 Lessons · 25m in Arabic, English, Spanish
Course Description
Businesses must carefully balance demand, resources, and costs to stay efficient. Without proper planning, companies risk delays or lost revenue. In this Operations Management: Planning and Control course, you will learn how to manage operations effectively by forecasting demand and maintaining flexibility in uncertain conditions.
You will start with demand forecasting and capacity planning, learning how businesses predict future needs and prepare resources accordingly. You will explore production and workforce scheduling, understanding how businesses assign labor and equipment to optimize efficiency. You will also work with project management tools like Gantt charts and Critical Path Method to plan and track tasks.
Cost control lets you successfully manage your operations. You will examine budgeting techniques and cost analysis methods that businesses use to minimize waste and maintain profitability. You will also explore risk management strategies and learn how businesses identify potential disruptions and develop contingency plans.
By the end, you will know how to align operational plans with business goals, prevent inefficiencies, and adapt to changing demands. These skills will help you keep businesses running smoothly while staying competitive in a fast-changing market.
What You'll Learn
- Apply demand forecasting and capacity planning strategies to predict future needs and prepare resources
- Develop project schedules using Gantt charts and the Critical Path Method (CPM)
- Implement workforce and production scheduling techniques to optimize efficiency
- Analyze cost control and budgeting methods to minimize waste and maintain profitability
- Identify risks and create contingency plans for potential disruptions
- Align operational plans with business goals to prevent inefficiencies
Key Takeaways
- Businesses must balance demand, resources, and costs to stay efficient, as poor planning risks delays or lost revenue.
- Demand forecasting and capacity planning help businesses predict future needs and prepare resources accordingly.
- Project management tools such as Gantt charts and the Critical Path Method are used to plan and track tasks.
- Budgeting techniques and cost analysis methods help businesses minimize waste and maintain profitability.
- Risk management involves identifying potential disruptions and developing contingency plans to adapt to changing demands.
Frequently Asked Questions
What will I learn in this course?
You will learn to manage operations effectively through demand forecasting and capacity planning, production and workforce scheduling, project management tools like Gantt charts and the Critical Path Method, cost control and budgeting, and risk management with contingency planning.
What topics does this course cover?
The course covers an introduction, demand forecasting and capacity planning, project management in operations, production and workforce scheduling, inventory management and control, cost control and budgeting, and risk and problem management, with a knowledge test included.
What skills will I gain from this course?
You will gain skills in demand forecasting, project planning, and risk management.
What project management tools are taught in this course?
The course teaches project management tools including Gantt charts and the Critical Path Method (CPM) to plan and track tasks.
How does this course help with cost management?
It examines budgeting techniques and cost analysis methods that businesses use to minimize waste and maintain profitability, helping you manage operations through cost control.
Professional Certifications and Continuing Education Units (CEUs)
Project Management Institute (PMI®)
Professional Development Units (PDUs): 0.5
KnowledgeCity has been reviewed and approved by the PMI® Authorized Training Partner Program. Users can maintain your PMI credentials by earning PDUs from KnowledgeCity qualified courses in Project Management, Business Management, Leadership and many others.
