2:52 Submission Back Task 2 (1st Re-Assessment) Sep 25, 2021 at 10:31 PM Q4. Variations of Operation Plans There can be traced mainly three types of operational plans between the plan and the actual performance: standing plans, single-use plans and budget plans. Standing plans: These plans are can be used multiple times. It includes various policies, procedures, as well as regulations. The advantage of standing plans is, these plans introduce unity and clearness within an organization. After that, it helps to support different organizational values. Terra engineering managers make unique decisions to address various organizational policies (Surez-Eiroaet al. 2019). Standing plans are time-saving as the managers in advance show a way to address common situations. Standing plans deal with employees who are already familiar. It deals with the procedures and regulations that might be followed by the organization. These plans are mainly designed to use repeatedly. Among various operational plans, these standing plans can include numerous procedures, policies, and regulations. There can be traced certain benefits regarding implementing standing plans between the plan and the actual performance. One of the major significance of using these plans focus on fostering the unity as well as fairness within an organization (Courses, 2021). Standing operational plans also can help in supporting essential organizational values. Another benefit of using these plans is that managers need not to take unique decisions because all of them Page 6 of 10 Operational Plan have been already addressed by numerous organizational policies. However, standing plans can save time by successfully addressing various common situations. On the other hand, standing plans also helps in the work delegation regarding employee's needs and conduction of actual procedures and regulations abided by the organization. Single-use plans: address a one-time project or event. The length of the plans varies, where the most common types of budgets, project schedules. The advantage of a single- use plan is very specific. This addresses the needs of a specific situation. These specific plans focus on the necessary objective towards solving a particular problem related to the plan and the actual performance. However, these plans can be formulated as per the requirements for handling a non-repetitive as well as unique problem (Courses, 2021). One of the backdrops of using single-use plans is they cannot be used repeatedly and become useless after accomplishing their objectives. Budget Planning: Various programmes and budgets are identified as the single use plans because once these are used to fulfil the objectives; the plans cannot be formulated again. Budgets are short-term plans used as a document that records all the details of Comments Files (1) Rubric Dashboard Calendar To Do Notifications Inbox