CANDIDATE RESOURCE WITH SIMULATED ONLINE …

1 MANAGE OPERATIONAL PLANCANDIDATE RESOURCE with SIMULATED ONLINE business assessment BSBMGT515 APrecision Group (Australia) Pty Ltd9 Koppen Tce, Cairns, QLD, 4870 Email: Precision Group (Australia) Pty LtdBSBMGT515 AManage Operational PlanISBN: 978-1-74238-Copyright NoticeNo part of this book may be reproduced in any form or by any means, electronic or mechanical, including photocopying or recording, or by an information retrieval system without written permission from Precision Group (Australia) Pty Ltd. Legal action may be taken against any person who infringes their copyright through unauthorised terms are subject to the conditions prescribed under the Australian Copyright Act for Educational PurposesThe Australian Copyright Act 1968 allows 10% of this book to be copied by any educational institute for educational purposes, provided that the institute (or the body that administers it) has given a remuneration notice to the Copyright Agency Limited (CAL) under the Act.

2 For more information, email or visit for other contact Group has made a great effort to ensure that this material is free from error or omissions. However, you should conduct your own enquiries and seek professional advice before relying on any fact, statement or matter contained in this book. Precision Group (Australia) Pty Ltd is not responsible for any injury, loss or damage as a result of material included or omitted from this material. Information in this course material is current at the time of RESOURCE bsbmgt515a Manage Operational Plan Precision Group (Australia) Pty LtdTable of Contents 2 Legend3 Qualification Pathways4 Qualification Rules5 Introduction7 bsbmgt515a /01 Develop Operational Plan Key Points Research, analyse and document RESOURCE requirements and develop an operational plan in consultation with relevant personnel.

3 Colleagues and specialist RESOURCE managers Develop and/or implement consultation processes as an integral part of the operational planning process Ensure details of the operational plan include the development of key performance indicators to measure organisational performance Develop and implement contingency plans at appropriate stages of operational planning Ensure the development and presentation of proposals for RESOURCE requirements is supported by a variety of information sources and seek specialist advice as required Obtain approval for plan from relevant parties and ensure understanding among work teams involved19 True or False Quiz21 bsbmgt515a /02 Plan and Manage RESOURCE Acquisition Key Points Develop and implement strategies to ensure that employees are recruited and/or inducted within the organisation s human resources management policies and practices Develop and implement strategies to ensure that physical resources and services are acquired in accordance with the organisation s policies, practices and procedures33 True or False Quiz35 bsbmgt515a /03 Monitor and Review Operational Performance Key Points Develop, monitor and review performance systems and processes to assess progress in achieving profit and productivity plans and targets Analyse and interpret budget and actual financial information to monitor and review profit and productivity performance Identify areas of underperformance, recommend solutions, and take prompt action to rectify the situation Plan and implement systems to ensure that mentoring and coaching are provided to support individuals and teams to effectively.

4 Economically and safely use resources Negotiate recommendations for variations to operational plans and gain approval from designated persons/groups Develop and implement systems to ensure that procedures and records associated with documenting performance are managed in accordance with organisational requirements45 True or False Quiz 46 Summary47 Bibliography49 assessment Pack2 CANDIDATE RESOURCE bsbmgt515a Manage Operational Plan Precision Group (Australia) Pty LtdLegendThis symbol indicates the beginning of new content. The bold title matches the content of the competency and they will help you to find the section to reference for your assessment activities. Activity: Whenever you see this symbol, there is an activity to carry out which has been designed to help reinforce the learning about the topic and take some symbol is used at the end of a section to indicate the summary key points of the previous symbol is used to indicate an answer to the CANDIDATE s questions or notes to assist the considered risk taking in your grey others will follow you!

5 3 CANDIDATE RESOURCE bsbmgt515a Manage Operational Plan Precision Group (Australia) Pty Ltd There are always two choices. Two paths to take. One is easy. And its only reward is that it s easy . Source UnknownThis unit of competency is provided to meet the requirements of BSB07 business Services Training Package although it can be used in a range of different qualifications. The BSB07 business Services Training Package does not state how a qualification is to be achieved. Rather, Registered Training Organisations are required to use the qualification rules to ensure the needs of the learner and business customer are met. This is to be achieved through the development of effective learning programs delivered in an order that meets the stated needs of nominated Candidates and business Pathways4 CANDIDATE RESOURCE bsbmgt515a Manage Operational Plan Precision Group (Australia) Pty LtdQualification requirements include core and elective units.

6 The unit mix is determined by specific unit of competency requirements which are stated in the qualification description. Registered Training Organisations then work with learners and business customers to select elective units relevant to the work outcome, local industry requirements and the qualification vocational education qualifications must lead to a work outcome. BSB07 business Services Training Package qualifications allow for Registered Training Organisations (RTOs) to vary programs to meet: Specific needs of a business or group of businesses. Skill needs of a locality or a particular industry application of business skills. Maximum employability of a group of students or an packaging a qualification elective units are to be selected from an equivalent level qualification unless otherwise Rules You re either part of the solution or part of the problem.

7 Eldridge Cleaver5 CANDIDATE RESOURCE bsbmgt515a Manage Operational Plan Precision Group (Australia) Pty LtdIntroduction Whether as an individual, or as part of a group, real progress depends on entering whole-heartedly into the process and being motivated to make you a more deeply satisfiedhuman being. Source UnknownThis unit of competency is all about being able to manage operational plans in your workplace. It will help you with the skills you need to demonstrate competency for the unit bsbmgt515a Manage Operational Plan. This is one of the units that make up the Diplomas in manual is broken up into three distinct sections. They are:1. Develop Operational Plan and Manage RESOURCE Monitor and Review Operational the conclusion of this training you will be asked to complete an assessment Pack for this unit of competency. The information contained in this RESOURCE will assist you to complete this task.

8 On conclusion of this unit of competency you will have demonstrated your ability to develop and monitor implementation of the operational plan to provide efficient and effective workplace practices within the organisation s productivity and profitability RESOURCE bsbmgt515a Manage Operational Plan Precision Group (Australia) Pty Ltd7 CANDIDATE RESOURCE bsbmgt515a Manage Operational Plan Precision Group (Australia) Pty LtdKey Points Section 1 When developing a new operational plan, it is important that you research the resources that you require in order to implement your plan. These resources may be physical in nature or may include your human resources. Your operational plan should be developed in association with relevant personnel, colleagues and specialist RESOURCE managers. The planning for a new operation should include processes for consulting others in order to get their ideas and opinions.

9 Your operational plan should contribute to the achievement of your organisation s overall goals and business plans. Within an operational plan should be Key Performance Indicators. These indicators will allow you to measure how well your plan is working in relation to your goals and objectives. A good operational plan should include contingency plans which will swing into action whenever a contingency occurs. Your plans and proposals should be assisted by using a range of information sources and where appropriate specialist advice (from purchasing officers and human resources managers) should be 1: Develop Operational Plan8 CANDIDATE RESOURCE bsbmgt515a Manage Operational Plan Precision Group (Australia) Pty LtdPar t 1: Develop Operational PlanBusiness PlanningBusiness planning is aimed at attempting to bring a new idea into fruition within an organisation.

10 Such a plan needs to be divided up into sections which allow the business managers to understand what you are trying to do and the direction that you will take in order to get there. We have provided a table below that outlines the major sections of just such a plan. Each section is detailed with the types of material it should contain and the order in which it should be presented. Following this plan will allow you to develop a business model that will enable you, as a business manager, to present your ideas in a marketable manner. However, you should not underestimate business requirements. Each organisation may have a specific manner in which it likes plans to be presented. Where this is applicable, be sure that you follow these Components of a Written Operational PlanGeneral Format and PresentationFor the most part, be sure that the plan is actually identifiable as such.