# As A Manager How to Monitor and review the performance of the operational plan.

GIVE EXAMPLES FOR EACH POINT.

* This task-related to Managing an operational plan for at least one business or work area, and how as a manager to monitor that process.

Benchmarks:

When planning and preparing for the operational plan how to:- 1)- Monitor profit and productivity against targets by:

A- assessing budget and other financial documents such as profit and loss statements to determine what has been spent and if the plan is within budget.

B- undertaking performance reviews to determine if the objectives and agreed goals are being achieved by:

- undertake individual performance reviews.

- undertake reviews of the work team as a whole.

2)- Identify areas of under-performance and develop and implement rectification plans by:

- Determining exactly what the gap or shortfall is.

- Identifying the root causes.

- Consulting with relevant personnel in the organisation.

- Asking for recommendations regarding improvement.

- Developing plans for implementing appropriate improvement strategies.

- Adjusting budgets if necessary.

- Implementing the plan/s.

- Monitoring the implementation and determining whether the corrective action has worked.

- Incorporating rectification into day-to-day operations.

3)- Monitor the plan is to ensure it is achieving the intended goals and targets by:

A- Completing an implementation plan progress report.

B- Providing support to teams or individuals, for example:

- Seeking further funding to acquire more resources.

- Organising suitable training, coaching or mentoring.

- Using monitoring data and analysis to determine whether the operational plan is proceeding as expected or whether it requires adjustment.

4)- If the plan requires adjustment negotiate variations to the plan by:

- Collecting and collating information to support a proposal for variation.

- Documenting the information is collected.

- Developing a plan for the variations.

- Justifying the proposal.

- Presenting the proposal.

- Negotiating to gain approval for the variations.

- Gaining the approval and implementing the variations.

BSBOPS502 Manage business operational plans

About this unit

This unit describes the skills and knowledge required to develop and monitor the implementation of operational plans to support efficient and effective workplace practices and organisational productivity and profitability.

The unit applies to individuals who manage the work of others and operate within the parameters of a broader strategic and/or business plans.