Risks Associated with Operational Plans
Learning Outcome 2: Be able to implement operational plans in own area of responsibility
2.1 Assess risks associated with operational plans and include contingency agreements; Within the third sector the majority of funding that we receive is restricted which limits where the money can be spent and means that it can only be spent on the purpose for which it is assigned. With regards to the projects that I run this is the situation with all of the funding streams, all of the money that I manage is assigned to pre contracted outcomes with set reporting dates. I have …show more content…
3.1 Monitor procedures within the operational plan & 3.1 Evaluate operational plans and implement any necessary actions;
As previously mentioned the operational plan is a working document that needs to be constantly reviewed and updated so that we can see what needs to be done, when there could be free time and more importantly an individuals workload.
Currently I will review my operational plan on a weekly basis and then transfer the items that will be required that week or need to be planned for in to a work plan so that I am able to prioritise work. I will also review my operational plan and my priorities once a month with the CEO so she is able to tell me if there is something that is missing or if something has arisen that requires my attention sooner. On a quarterly basis all senior managers meet to review the operational plan and discuss our own current work load, this allows us to highlight possibilities of working together or information sharing and adapt our own plans