The Role of Consultation in an Effective Operational Plan
Posted by Philip Baskerville in Jan, 2024
Consultation plays a pivotal role in the development and execution of an operational plan. In the world of business, an operational plan serves as a guiding framework for achieving strategic goals and objectives. It outlines the actions, resources, and timelines required to execute the organization’s overall strategic plan. However, creating an effective operational plan requires […]
Category: BSBOPS502
The Importance of Budgeting in Operational Planning
Posted by Philip Baskerville in Jan, 2024
Budgeting plays a crucial role in the operational planning of any organization. It is a financial blueprint that outlines the allocation of resources to achieve specific business objectives within a defined time frame. In the context of operational planning, a budget serves as a tool for decision-making, resource utilization, and performance evaluation. Setting clear financial […]
Category: BSBOPS502
Project Time Management Methodologies
Posted by Philip Baskerville in Mar, 2017
What are Project Time management methodologies? Project Managers and their teams use time management methodologies to ensure that time is used more productively. These methodologies ensure work tasks and resource allocation are planned efficiently (relative to available time) and that progress on a project is ordered and systematic. Two common methodologies are the GTD […]
Category: BSBPMG512
Post Tagged with time management Project Triangle Constraint
Posted by Philip Baskerville in Dec, 2016
Project Triangle Constraint The ‘project triangle’ is a name given to the three main factors that, together, act as constraints on a project—traditionally scope, time and cost. The area of the triangle is often said to represent ‘quality’. The project triangle is also known as the ‘iron triangle’, or the ‘project management triangle’. Every project, […]
Category: BSBPMG511
Work Breakdown Structure
Posted by Philip Baskerville in Nov, 2016
What is a Work Breakdown Structure? A Work Breakdown Structure (WBS) is a hierarchical diagram that breaks a project down into manageable ‘chunks’ from: its big parts (e.g. phases) to smaller parts (e.g. deliverables) to the smallest parts (e.g. tasks – the unique packages of work that, together, make up a deliverable). What is the purpose […]
Project Life Cycle
Posted by Philip Baskerville in Aug, 2015
What is the Project Life Cycle? The project life cycle is the full range of tasks required to deliver a project. Typically, this is seen to be done over four phases. Phases of the project life cycle The phases of a project life cycle are: initiation planning execution closure Each phase has many associated activities. Monitoring […]
Schedule Baseline
Posted by Philip Baskerville in Jul, 2015
What is a Schedule Baseline? A schedule baseline (sometimes referred to as a target baseline) is the original approved project schedule, which is agreed by project stakeholders before the project starts. It does not change. It is a fixed measure which is used as a planning yard mark against which the progress on the actual […]
Scheduling tools and techniques for Project Management
Posted by Philip Baskerville in Jun, 2015
Scheduling tools and techniques Project Managers can use a range of tools and techniques to develop, monitor and control project schedules. Increasingly, many of these can be applied digitally (using programs such as Excel, Microsoft Project and so on). GANTT Chart This is a horizontal bar chart plotted over time (e.g. days, weeks or months). […]
Category: BSBPMG512
Organisational Policies, Procedures, Processes and Systems for WHS
Posted by Philip Baskerville in Nov, 2014
What are Organizational policies, procedures, processes and systems for WHS? Organizational policies, procedures, processes, and systems are the things a business does to implement the laws of the Work Health & Safety Act in their workplace. What are Organizational policies, procedures, processes and systems for WHS like? Organizational policies, procedures, processes, and systems for WHS […]
Formal communication methods
Posted by Philip Baskerville in Oct, 2014
What are formal communication methods? Formal communication definition – Formal communication methods are official ways to share information. The communications are orderly and follow set rules, procedures or standards. Formal communications are very common in educational settings, workplace settings and business settings. Formal communications are mostly written, but can be oral. Formal communications are not […]
Category: BSBWHS302