Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

- Why is it important for managers to understand the following legislative and regulatory requirements in the context of resource planning? { Fair Work Act

- Why is it important for managers to understand the following legislative and regulatory requirements in the context of resource planning?

{ Fair Work Act 2009}

{Government Tender process requirements}

- what is the link between project budgets and resourcing?

- Why is it important to manage finances efficiently, especially in relation to resource acquisition and usage?

- Do you need to refer to the objectives of a business unit when you plan the resources for the business? Why or why not?

- what are THREE examples of processes you can use to review resource allocation for an organisation?

- what should I write in this table?

List THREE risks associated with managing business resources.

List a risk mitigation strategy that you can use for each identified risk.

Explain the process you can use to monitor the risk.

1

2

3

- What is the procedures that you can put in place for risk management in terms of potential changes in government priorities?

- What are THREE sources of information required to monitor the usage of:

  1. Physical resources
  2. Human Resources

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managing Hospitality Human Resources

Authors: Robert H Woods, Educational Institute Staff American Hotel & Lodging Association

4th Edition

0866122877, 9780866122870

More Books

Students also viewed these General Management questions

Question

Whats Different About Business Ethics? p-635

Answered: 1 week ago