Reference no: EM133070402
BSBOPS601 Develop and implement business plans
Assessment Task - Implement and Monitor Business Plan
Instruction: This task will require you to implement and monitor the business plan you prepared in Workplace Project Task 3, including testing the Performance Measurement System (PMS) defined in the Business Plan.
To complete this task, you must:
• Develop an implementation plan by filling in following information in the implementation plan section in the Implementation and Monitoring Report:
o At least four activities required to implement the business plan, listed in sequence
o Schedule of activities
o Individual or team or department responsible for the activities
• Facilitate execution on the activities in the implementation plan, according to their schedule and describe the outcomes in the implementation plan section in the Implementation and Monitoring Report.
Facilitating execution of activities can include allocating the resources required to persons/teams responsible for the various activities, enabling decision-making, monitoring performance etc.
• Check whether the organisation has the permits or licenses that may be required for implementation of the business plan, as mentioned in the regulatory requirements section of the Business Plan prepared in Workplace Project Task 3.
If the organisation is not in compliance with any permit or license required for implementation of the business plan then identify the application kit for the permit or licence that needs to be obtained.
Application kits for permits and licenses can be accessed from the Australian Business Licence and Information Service (ABLIS) website.
• Test the PMS defined in the Business Plan prepared in Workplace Project Task 3, and refine where necessary.
This includes identifying a few performance measures for testing, comparing actual performance data from business plan implementation with the performance measure targets from the business plan and identifying areas of improvements.
• Report the following as they occur, by monitoring the PMS:
o At least two system failures
This occurs when one of the internal systems of a business fails to meet the requirements expected during the business plan implementation (E.g. of internal systems: sales, purchasing, operations, finance etc.)
o At least two product failures
This occurs when a product relevant to the business plan is unable to sustain its presence in the market or does not complete the lifecycle expected by the business or fails to realise profits.
o At least two service failures
This occurs when the performance of a service relevant to the business plan fails to meet a customers' expectations.
o At least four Variances
Variance is the difference between targets in the business plan and actual performance data hen the business plan is implemented.
Reporting must include identification of the type of failure or variance, time when the failure or variance occurred, to whom the failure or variance was reported and time when the failure or variance was reported.
• Complete the Implementation and Monitoring Report, incorporating points from all of the above
• Receive sign-off on the report by your supervisor/manager to confirm your implementation of the Business Plan
• Communicate the Implementation and Monitoring Report to at least one person in senior management
Implementation And Monitoring Report
1. Implementation plan
Develop implementation plan for the business plan.
2. Regulatory requirements
Check whether the organisation has all the permits or licenses that may be required for the implementation of the business plan and take action to comply
3. Performance Measure Systems
4. System failures, product failures, service failures
and variances as indicated by the PMS
Report the system failures, product failures, service failures and variances as they occur, by monitoring the PMS.
This must include at least two system failures, at least two product failures, at least two service failures and at least four variances.
4a. System failures
4b. Product failures
4c. Service failures
4d. Variances
5. Sources of information and documents accessed to prepare the report
List the sources of information and documents accessed to prepare the report (e.g. organisational policies and procedures)
Attachment:- CAC Assessment.rar