Explain the purpose of a Strategic Plan and an Operational Plan and the role of an Operational Plan

Assessment Task 1: Written Questions
Submission Detailed of Assessment
The assessment task is due on the date specified by your assessor. Any variations to this
arrangement must be approved in writing by your assessor.
Save your completed work with the following naming procedure:
Name_studentID_UnitCode_TaskNumber (e.g. JohnSmith_123456_BSBSUS501_T1)
Submit your assessment to WSC Moodle.
Purpose of the Assessment
This task will indicate the underlying knowledge necessary to achieve competence in this unit.
Assessment Description
Answer all questions in a MS Word document and submit the document to your assessor.
Instructions
Answer the following questions:
a. Explain the purpose of a Strategic Plan and an Operational Plan, and the role of an
Operational Plan in achieving the organisation’s objectives.
b. Outline the organisation’s policies, practices and procedures that directly relate to the
operational plan.
c. Outline the information that is usually included in an Operational Plan.
d. Explain a typical process for developing an Operational Plan.
e. Explain the purpose of a budget.
f. Explain a typical budgeting process.
g. Explain the purpose of key performance indicators.
h. Discuss four approaches to developing key performance indicators.

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