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1 Evaluate the use of risk analysis techniques in operational planning

05 / 03 / 2018 Assignment

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Unit aim

The aim of this unit is to provide learners with an understanding of the principles of

operational planning. It will also provide learners with the ability to develop and implement an

operational plan and to evaluate the effectiveness of it.

Learning outcomes

There are four outcomes to this unit. The learner will:

1. Understand the principles of operational planning

2. Be able to develop an operational plan

3. Be able to implement an operational plan

4. Be able to evaluate the effectiveness of an operational plan

Outcome 1 Understand the principles of operational planning

The learner can:

1 evaluate the use of risk analysis techniques in operational planning

2 explain the components of an operational plan

3 analyse the relationship between strategic and operational plans

4 evaluate the use of planning tools and techniques in the operational planning process

5 explain how to carry out a cost-benefit analysis

Outcome 2 Be able to develop an operational plan

The learner can:

1 identify specific, measurable, achievable, realistic and time-bound (SMART) objectives

and key performance indicators (KPIs)

2 identify evaluation mechanisms appropriate to the plan

3 take action to ensure that plans are consistent with organisational strategy, objectives,

values, policies and procedures

4 develop proportionate and targeted plans to manage identified risks

5 take action to ensure that plans complement and maximise synergy with other business

areas

6 adhere to organisational policies and procedures, legal and ethical requirements

Outcome 3 Be able to implement an operational plan

The learner can:

1 implement plans within agreed budgets and timescales

2 communicate the requirements of the plans to those who will be affected

3 revise plans in the light of changing circumstances in accordance with strategic

objectives and identified risks

Outcome 4 Be able to evaluate the effectiveness of an operational plan

The learner can:

1 conduct periodic reviews of the progress and effectiveness of the plans, using

information from a range of sources

2 report on the effectiveness of operational plans in the appropriate format


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