You will 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.
1. Review the completed business plan from Assessment Task.
2. Identify the key performance objectives.
3. For each key performance objective: 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 the key stakeholder will be for each report.