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Manage Operational Plan

In: Business and Management

Submitted By yoyosaja
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Manage Operational Plan CTH01019QB

1. List some of the details outlined in an operational plan. a. Research and analyse document resource requirement (tangible and intangible) b. Develop and or implement consultation processes as an integraf part of the operational planning process. c. Ensure details of the operational plan include the development of key performance indicators to measure organization performance d. Develop and or implement contingency plans and GAP analysis e. Ensure the development and presentation of proposals for the resource requirement is supported by variety of information sources and seek specialist advice as required f. Obtain approval for plan from relevant parties and ensure understanding among work teams involved

2. Broad consultation with other members of the organization, from team members to senior management is a good way to contribute to the success of operational planning. When, in the planning cycle should it be carried out? What outcomes would you be looking to achieve from this process
Broad consultation should be on going from the beginning, in order to ensure active outlined in the operational you should actively consult with team members about * The Organisation’s strategic plan * Activities outlined in the operational plan * How the outcomes of these activities will be measured * The timeframe the activities should be carried out in the roles and responsibilities of individual team member
Feed forward – feedback controls
Consultation group member possess different knowledge, skills, abilities and experience so groups can view problem from multiple perspective

3. Why do budgets need frequent reviews and adjustment? Who is responsible for ensuring that budgets and other financial documents are accurate? When creating financial reports, what source of information need

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