Monitor and review operational performance

Assignment Help Other Subject

Reference no: EM133179423

BSBOPS502 Manage Business Operational Plans

Learning Outcome 1: Establish operational plan

Learning Outcome 2: Manage resource acquisition

Learning Outcome 3: Monitor and review operational performance

Assessment Task: Review Operational Performance

Description:

Performance review report is required

Assume that your plan has been implemented and is being reviewed for its performance. You will be provided with sample financial information (Balance sheet and Profit and Loss Statements). Review and analyse the financial data against the KPIs set in your plan and take notes for presentation.

Next, you will be following the organisational process by,

Summarising requirements for implementing the plan - Action plan stages
Review of key stakeholder and consultation process in implementation
Articulating the KPIs for measuring the success
Presenting an analysis of the actual performance (sample financial data) Vs the KPIs
Analysing or seeking feedback on KPIs and adjusting as per the feedback in view of the performance
Articulating KPI management process and protocols
Plans for reviewing and improving the system
Articulating requirements for improvements and analysing

Reference no: EM133179423

Questions Cloud

Build a performance management system : Think of yourself as a performance manager and you have the full authority and autonomy to build a performance management system

Calculate the arithmetic mean rate of return for stock t : During the past five years, you owned two stocks that had the following annual rates of return: Calculate the arithmetic mean rate of return for stock T

Showing job withdrawal and work productivity : Working as a HR manager at a tourism attraction in 2022. The crisis and resulting layoffs have left the remaining employees feeling disengaged and unmotivated w

Explain a typical budgeting process in an organisation : What is an Operational Plan? What information would an Operational Plan typically contain and Explain a typical budgeting process in an organisation

Monitor and review operational performance : Implemented and is being reviewed for its performance. You will be provided with sample financial information - Monitor and review operational performance

What is your required rate of return on the stock : The most recent dividend was $2.50 and dividends are expected to grow at a rate of 8% indefinitely. What is your required rate of return on the stock

Compute the total, price, and quantity labor variances : Compute the total, price, and quantity labor variances for Pina Colada Co. for January. Identify whether each variance is favorable or unfavorable

Understanding of the structure and components : Develop an Operational plan - A past or an existing organisation can also be used as an example to develop the required organisational context for this task

How much power sharing is appropriate for a work team : 1. How can I as a team leader respond to a bad idea without discouraging team participation wit reference

User Account

All Pages