Models And Methods For Operational Plans

Describe models and methods for operational plans

Colour Petri Nets is a model and tool used for operational planning. This is a modelling language capable of graphically representing the concurrency, system concepts and non-determinism. This can be conducted at diverse levels of abstraction by combining mathematical framework and functional programming language to develop synchronization, resource sharing, allocation and concurrency.  

Formal method

• Discuss with the stakeholders about the specifications
• Document the specifications and sent for approval
• Necessary changes are made if stakeholders requires changes in operation plan
• Develop the operational plan and the actions that have to be taken
• Allocate resources and assign employees to each of the tasks for effective execution of the operational plan
• Set benchmark performance to maintain the quality of the project
• Monitor the progress of the operational plan and take necessary actions for any deviation

Informal Method

• Discuss ideas with the stakeholders
• Implement the plan immediately
• Monitor the plan to evaluate the output

Organizational structure will consist of factors such as roles, responsibilities and rules. Organizational structure will develop a system in order to achieve the organizational goals. The flow of information with the organization is determined by the organizational structure. A specific example is a centralized structure where information flows from top down and on the contrary information flows at different levels with the organization.

The objectives define the structure of any organization and the organizational structures are developed in as such way in order to facilitate the realisation of objectives.

 The operational plan are developed based on particular objectives and unlike organizational structure the objective of each operational plan are different and keep on changing depending upon the requirement.

 In order to develop an effective budget the organization will have to prepare for contingency at all times. In order to achieve this, the organization will have to divide the tasks into three categories and they are essential, desirable and dispensable.  The budgeting process of any organization will remain the same depending upon the type of budget. The five processes are as follows:

• Identifying the information flow  where the organization can either use top down budgeting or bottom up budgeting
• The organization will have to identify the factor that will measured and the priorities in the budget
• The organization will have to gather historical data which will consist of developing sales information and expense information
• The organization will have to make projection based on the collected historical data and budget will totally depend on the projection. It can either incremental budgeting or zero based budgeting and some companies use hybrid approach.
• The final step of budget is breakeven point determination

In order to develop indicators of performance the organization will have to analyse essential sources of information:

• The organization will have to analyse the industry benchmarks which is same for all the companies in the sector
• The organization will have to evaluate the benchmarks used by the other companies to develop the indicators
• Moreover, the internal organizational processes will have to be evaluated to develop quality standards in order to control the quality of the products
• The historical data related to pervious performance indicators will also have to be examined to identify the key performance indicators

The indicators will have to be allocated to all areas of business processes and this will consist of measuring of all operational processes such as inputs, outputs and process outcomes.

The qualities of the key performance indicators will have to developed based on the SMART model which will check the appropriateness of each KPI.

Legislative and regulatory context relevant to the operational plan

Event 2 – Blue Tongue College Simulation

The analysis of the five provided template has been analysed and shows relevant findings. The findings of the study shows that initially the majority of the student have been attending their classes but the attendance stared dropping after the first few days and after the 20^th day, the attendance is very low.

The performance of the trainer is quite high on all the questions but out of all the questions question 2 has the weakest response and other questions have a moderate response.

Explain the role of an operational plan in achieving the organization’s objectives

The student support officer has been rated high on both the months but as the response rate of the survey is 25%, it is one of the biggest limitations of the survey.  The sample size for the study is 1 which means that survey does not hold any significance.

The result from survey conducted on the assessment materials shows that there is positive response on this survey and the response rate is 60%. Therefore, the survey is valid and but higher attendance could have provided better data

The allocated budget is moderate and moderate allocation of resources is possible with the given budget. Therefore, additional budget is required to fulfil the objective of the study.

Develop consultation processes 

Develop contingency plans

The essential risk factors in the study are the lack of skilful tutors, unable to identify the effective new subjects and inefficient segmentation. In order to mitigate this factor , the market and the rival companies will have to analysed effectively and an effective communication plan will have to developed for improving team work.

Develop proposal for resource requirements 

 Present plans for approval 

Plan and manage resource acquisition

Develop and implement strategies for physical resource

The organization will require new technologically superior gadgets to ease the learning and purchase in new projectors

• Develop and implement strategies for recruitment of an additional Trainer

In order to recruit an additional trainer, the organization will have to develop increase the pay scale and appoint highly experienced and skilled trainers having industry experience.

• Incorporate intellectual property rights requirements in resource allocations

The organization would not be able to material and sources of any other rival company which will lead to the violation of the intellectual property rights.

Monitor operational performance

Develop performance system 

The organization will develop a system based on the key performance indicators to to track the activities and evaluate the performances.

Identify areas of underperformance

The attendance is the lowest after the first two weeks which shows that students hav to be improved by increasing the quality of the materials and trainers.

Plan and implement systems for support  

In order to provide support to the organization, the system will be developed in such a way to improve the quality of the materials and workforce.

Analyse and interpret budget

The budget provided by the organization is not sufficient to purchase all the resources and implement the necessary changes.

Negotiate recommendations for variation to Operational Plan

The variations in operational plan are common so the organization will have to develop effective performance management system to track and monitor changes.

In order to develop record management, the organization will store the data in cloud database so that the data can be protected and accessed by the users.

Order an Essay Now & Get These Features For Free:

Turnitin Report

Formatting

Title Page

Citation

Outline

Place an Order