Motivates managers to strive to achieve the budget goals Budgeting gets

Motivates managers to strive to achieve the budget

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4. Motivates managers to strive to achieve the budget goals 5. Control activities Operational Management, Assessment 1 v2 Last updated on 10/09/2019 Page 8
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KNOWLEDGE EVIDENCE MARKING ALLOCATIONS (Trainer/Assessor use for assessing & marking purposes) The learner will be assessed on the following knowledge evidence and performance evidence Marks allocated Marks received Q1.There are various models and methods used for organisational operational plans. Describe three models and methods operational 3 Operational Management, Assessment 1 v2 Last updated on 10/09/2019 Page 9
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T-1.8.1_v3plans and explain how they are used.Q2.List and explain four key elements of an operational plan.4Q3.List and briefly explain three alternative approaches to developing Key Performance Indicators.3Q4.Explain (within 300 words) the role of an operational plan in meeting organisational objectives.5Q5. Explain the steps in budgeting process within an organisation. 5 TOTAL MARKS 20 Operational Management, Assessment 1 v2 Last updated on 10/09/2019 Page 10
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T-1.8.1_v3 PART B: OPERATIONAL PLAN PROJECT – 80% SIMULATED WORK ORGANISATION (if not using an organisation of your choice) Note: The organisational details used in this assessment have been mostly sourced (and to some extent paraphrased) from the organisation’s website and other relevant external sources. Several of the organisational information within this assessment context is imaginary or modified for the purpose creating simulated workplace scenarios for the unit BSBMGT517. Sourced
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  • Fall '18
  • Nadia Chowdhury
  • Management, Test, Woolworths Limited, Woolworths Supermarkets

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