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BSBMGT517 Assessment 1

Assessment 1

Your task: Answer the following questions. Each question must be completed.

Question 1:  What is the purpose of operational plans? What are these based on?

Question 2:  List 6 situations that will require an initial, or an adjustment to an existing, operational plan.

Question 3:  List the key legislative requirements which must be considered in operational plans across organisations operating in the Tourism, travel, hospitality and event industries:

Question 4:  Give 2 examples of source documents which would help in researching staffing requirements for an operation.

Question 5:  Give 2 examples of source documents which would help in researching production requirements for an operation.

Question 6:  Give 2 examples of source documents which would help in researching finance requirements for an operation.

Question 7:  What are the principles of budgeting you will need to consider when developing any operational plan? List 5 factors this would commonly include (but not limited to):

Question8:  List 4 stakeholders with whom you would discuss research and analysis of resource requirements.

Question 9:  Give 2 examples of source documents which would help in researching resource (stock) requirements.

Question 10:  Which aspects relating to intellectual property must be considered when planning projects as part of operational planning activities?

Question 11:  List 2 ways in which consultation with stakeholders may occur.

Question 12:  How does developing KPIs help with the development of the operational plan? List 2 options how KPIs can be set or determined.

Question 13:  How will you plan a budget for a plan to deal with any unforseen incidents or unforseen expenses? Which provisions can you employ to deal with cost blow outs due to contractors not meeting their contractual schedules or obligations?

Question 14:  Give 3 examples of strategies you can use when developing contingency plans.

Question 15:  Why must your operational plan be approved before being implemented?

Question 16:  What needs to be considered when employing new staff or inducting staff into new roles to meet organisational requirements? List 5 items you would include in an induction pack.

Question 17:  Give 3 examples of monitoring methods to ensure the work is proceeding on time, within budget, and being conducted safely.

Question 18:  Give 2 examples of financial reports you can use to monitor profitability.

Question 20:   List 5 benefits to businesses of coaching and mentoring programs.

Question 21:  Why is it important to notify managers and other upper level stakeholders as soon as possible when variations are discovered? What would this need to include accordingly?

Question 22:  Do operational plans cover the short to medium, or medium to long term business goals?

Question 23:  Give 5 examples of alternative resource usage, efficiency and waste programs you should investigate when creating your operational plan

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