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Monitor the performance of a business plan, through testing and refining of the performance measurement system, and report on progress of the business plan in a timely and effective manner.
Procedure Procedure ProcedureProcedureProcedureProcedureProcedure
1. Review the completed business plan from Assessment Task 2.
2. Identify the key performance objectives.
3. For each key performance objective:
BSBMGT617 Develop and implement a business plan Assessment 3 Last Updated: January 2017, V. No. 1.1
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a. Produce a report to capture and test the performance measure.
4. Write a brief report on how you would test the performance measurement systems, including:
a. Acceptable levels of variance to planned objectives (where applicable).
b. The timeframe for each report how frequently reports will be completed.
c. What benchmarking will be used.
d. Who will be the key stakeholder for each report.
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