manage operational plan 000

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Royal Melbourne Institute of Technology *

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SIT60316

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Management

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Jan 9, 2024

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doc

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11

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SIMRANDEEP KAUR AVE-01995 Group no- DHM20-05 Unit no: BSBMGT517 Manage operational plan Manage operational plan Assessment Task 1 Develop and Implement an Operational Plan 1. Research, analyse and document resource requirem ents and develop an operational plan in consultatio n with relevant personnel, colleagues and specialist resource managers The resources required for the development of the operational plan includes the physical materials as well as factors for influencing the strategies of the organization. For instance, the resources may involve the equipment’s required for the Fitness gym such as a squat station, a hammer strength machine, bench press, an incline bench press, pull-up bars and more. Additionally, investments for the development of strategies for the marketing and constructing the overall operational plan may prove beneficial. A supply chain management is to be undertaken in order to obtain the physical goods, while technicians and marketing executives can be recruited for helping with the strategic planning. Researching, analysing and documenting resource requirements needs to think through the physical, financial and human resources aspects of the plan. Obtaining details of resource requirements enables managers to match the appropriate resources to the tasks and activities needed to implement the operational plan. Key organisation personnel must be consulted at all stages of the development of an Operational Plan . The consultation process ensures that there is verification of strategies and tasks in terms of budget, allocation of responsibility and timelines. An Operational Plan is a highly detailed plan that provides a clear picture of how a team, section or department will contribute to the achievement of the organisation's goals. The operational plan maps out the day-to-day tasks required to run a business and cover .
SIMRANDEEP KAUR AVE-01995 Group no- DHM20-05 Unit no: BSBMGT517 Manage operational plan 2. Develop and/or implement consultation processes a s an integral part of the operational planning process The consultation process ensures that there is verification of strategies and tasks in terms of budget, allocation of responsibility and timelines. It may be mentioned in this context that the consultation for the development of the plan is conducted with the relevant stakeholders. For instance, the frequent meetings regarding the drafting of operational plans and budgeting as well as the financial statements have been undertake with the aid of the relevant managers during the weekly meeting with the supervisors (de Almeida, Vilas-Boas & Cabral, 2015). However, relevant consultations with the CEO and the Board are undertaken on certain occasions. Discussions can be undertaken during the monthly Board meetings. There are a number of planning tools and techniques that may be used in the operational planning process, including: Work Breakdown Structure (WBS) GANTT charts. Project Evaluation and Review Technique (PERT)
SIMRANDEEP KAUR AVE-01995 Group no- DHM20-05 Unit no: BSBMGT517 Manage operational plan 3. Ensure the operational plan includes key performan ce indicators to measure organisational performance Monitoring helps you to measure progress towards your goals and compare actual results with planned performance . You must be able to use control techniques to identify potential problems and take corrective action to keep operations on target. Step 1: Designing an Efficient Plan For Monitoring. ... Step 2: Designing Effective Report Management Mechanism. ... Step 3: Recommendations For Project Improvement. ... Step 4: Ensuring Guidelines And Recommendations Are Followed Accordingly. The KPIs which have been identified in this regards are: What is the average increase in the number of clients? To what extent are the clients being benefitted through Bounce Fitness? Are the trainers being useful for aiding the clients? Is the subscription plan for the client adequate or is it exceeding the budget?
SIMRANDEEP KAUR AVE-01995 Group no- DHM20-05 Unit no: BSBMGT517 Manage operational plan 4. Develop and implement contingency plans for the o perational plan Contingency plans are an essential part of risk management. They help to ensure that you've always got a backup option when things go wrong, or when the unexpected happens. To develop a contingency plan, first conduct a risk assessment: identify your business-critical operations, identify the threats to those operations, and analyse the potential impact of each threat. Then, include the following points for each threat: Scenarios. Triggers. Response overview. People to inform. Key responsibilities. Timeline.
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