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This course provides essential knowledge and tools for monitoring your operational plan. It emphasises the connection between control and progress as you assess financial, operational, and human performance. Learn tools to track progress, manage budgets, and respond to performance issues, increasing budgetary predictability by enhancing operational excellence.
Our ready2manage titles focus on the specific skills required to manage operational functions. From strategic decision-making and performance optimisation to risk management and financial awareness, courses in this range target the evolving needs of aspiring to seasoned managers.
Learn to use identification charts, process control charts, and milestone charts to monitor and guide the operational plan effectively. Discover corrective actions, budget alternatives, and strategies for brainstorming solutions to discrepancies. Learn the importance of contingency planning to prepare for and mitigate unforeseen challenges.
Topics include: Monitoring the Operational Plan: how control relates to goals - control methods and benefits - identification charts - process control charts - milestone charts - budget control charts - when things go wrong - financial outcomes - review budget performance - poor performance variance - corrective action - budget alternatives - brainstorming - dealing with poor performance - changing plans - contingency.
