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Complete this section before the stakeholder meeting

Provide an overview of the business and its strategic objectives and goals.

Worlducation is a social start-up that manufacturers different forms of tablet computers for the primary students.  The purpose of the organization is to develop and change the way of learning in schools and develop a process that can ensure the progress of a child. Some of the objectives of the organization are as follows;

· Creation of an advertisement for a new product by means of online tools

· Creation of a rewards program

· Training staffs to use new products

· Development of a live demonstration for the consumers

Describe the regulatory and legislative context of the business that relates to managing resources.

The legislative and regulatory context that needs to be considered include;

· The different trade policies

· The policies of the host government

· The rules followed by the organization

Outline the specific objectives of the business unit/s that you are basing this project on.

E.g., business unit, project or department that requires these resources.

Some of the objectives of the organization are as follows;

· Create an online advert for a new product

· Creation of a rewards program

· Training staffs to use new products

· Development of a live demonstration for the consumers

Resource 1

Which resource are you going to focus on for this project and which activity does it relate to?

Advertising tools that can be used to develop the project in an effective and efficient process.

Resource 2

Which resource are you going to focus on for this project and which activity does it relate to?

Development of a live demonstration for the staffs and the clients. Se of AI based software. 

Resource 3

Which resource are you going to focus on for this project and which activity does it relate to?

Rewards program development is important for the success of the management in an effective and organized manner.

Describe the stakeholders you need to meet with to discuss the nature and level of resource planning for all three resources.

Why are these stakeholders part of the consultation process?

These may be separate stakeholders or the same ones for all three resources depending on the size and nature of the business

· HR Manager

· CEO

· Operations manager

All the above mentioned stakeholders are part of the consultation process as they are directly involved with the resource planning process.

When is this meeting/s set for?

Provide the details of when and where this meeting/s is occurring

The meeting is set to be developed within the next two weeks.. The planning process needs to be done in order to evaluate the total meeting.

What are the internal capabilities of the business in relation to the resourcing requirements?

· SWOT Analysis

· Corporate social development process

What are the external resourcing requirements?

Outline any supplier or purchasingconsiderations, budget or anything else relevant to obtaining quotations here.

· PESTEL ANALYSIS

· VRIO ANALYSIS

Provide an outline of the agenda / main discussion points for this meeting/s.

Copy and paste this row if you are having more than one meeting and fill one out for each meeting.

· Create an online advert for a new product

· Creation of a rewards program

· Training staffs to use new products

· Development of a live demonstration for the consumers

Complete this section after the stakeholder meeting

Summarise the outcomes of the meeting/s.

Include any decisions that were made and next steps.

Copy and paste this row if you are having more than one meeting and fill one out for each meeting.

The meeting will be developed by means of organization of new staffs, and development of live demonstration of the tasks.

 Attach:

Business documentation reviewed

?

Recording of meeting/s if not observed in person or online by your assessor

?

You need to complete all three of the plans in this section for three different resources.

Resource Plan 1

Description of resource bid.

Resource bid is important for success. The resources need to be selected according to feasibility and acceptability.

Options.

Outline suitable options that may suit

· Development of resources

· Organization of managerial resources

· Development of sources of resources that are important for success

Budget and costs.

Outline the total budget and provide a break down of the costs associated with this resource

$25,000

What are the timelines for identifying suitable resources and the acquisition of this resource?

Timeline will be 6 months

Explain how the resource will be obtained/purchased following policy and procedures.

The resources will be obtained by means of efficient and organized element by means of organized process. The resource will be obtained through a number of different sources which includes;

· External consultants

· Third party organizations

· Business management consultants

· Organizational development

Explain the approval process for this resource.

The approval process has been detailed out in a professional manner. They are as follows;

· Identification of the requirements

· Analysis of the requirements

· Development of a budget

· Approval of the budget

· Feasibility study

· Approval of the plan

Resource monitoring usage system

Develop a monitoring system that can be used to monitor the usage and success of this resource in meeting business or project objectives.

Establish a measurable Key Performance Indicators (KPI).

Show how you approached establishing the KPI in a mathematical way using problem-solving.

List ways to monitor the KPI including a timeframe for evaluation.

Develop a formal policy and procedure document and attach to this section (note you can develop just one Resource Usage Policy with different sections for all three resources if you would like to do it this way).

The monitoring system that can be developed efficiently can be based on the development of a monitoring team which will be appointed to look into matters related to the business process development.

The monitoring team will evaluate the performance of the team and will develop the responsibilities according to the new requirements. Such a process can help evaluate the performance which in turn can help address the amendments to be made.

The use of KPI is justifiable only when the management can use them to develop and use efficient organizational processes to ensure success in an organized process.

Timeframe-6 months which will be used to monitor the KPI system that is important for success.

A formal policy on the use of resources should be based on the resources needed, quantity of resources needed, the need to deliver these resources and many more as such. The timelines and use of these resources should be evaluated to ensure safety in the most efficient process.

The use of resources should be limited to the people including the development of success in an organized process.

 Risk and contingency planning

Complete the table to assess risks and develop contingencies for resources you are planning for.

Potential risks

Planned Response

Risk associated with the acquisition or implementation of the resource

How will you mitigate the risk?

Financial Risks

Appointment and selection of efficient sponsors or proper financial backup.

Business developmental risks

Risks involved in acquiring resources can involve developmental risks like IP rights issues that can be important for success. IP rights needs to be acquired to ensure success accordingly.

 Attach:

Scope of Requirements document

?

Approval request for proposal (email)

?

Resource Evaluation Policy and procedures developed

?

Relevant policies and procedures related to the resource (workplace documentation or from the simulation pack)

?

Resource Plan 2

Description of resource bid.

Resource bid is important for success. The resources need to be selected according to feasibility and acceptability.

Options.

Outline suitable options that may suit

· Development of resources

· Organization of managerial resources

· Development of sources of resources that are important for success

Budget and costs.

Outline the total budget and provide a break down of the costs associated with this resource

The budget will be close to $50,000

What are the timelines for identifying suitable resources and the acquisition of this resource?

Timeline will be six months

Explain how the resource will be obtained/purchased following policy and procedures.

The resources will be obtained by means of efficient and organized element by means of organized process. The resource will be obtained through a number of different sources which includes;

· External consultants

· Third party organizations

· Business management consultants

· Organizational development

Explain the approval process for this resource.

The approval process has been detailed out in a professional manner. They are as follows;

· Identification of the requirements

· Analysis of the requirements

· Development of a budget

· Approval of the budget

· Feasibility study

· Approval of the plan

Resource monitoring usage system

Develop a monitoring system that can be used to monitor the usage and success of this resource in meeting business or project objectives.

Establish a measurable Key Performance Indicators (KPI).

Show how you approached establishing the KPI in a mathematical way using problem-solving.

List ways to monitor the KPI including a timeframe for evaluation.

Develop a formal policy and procedure document and attach to this section (note you can develop just one Resource Usage Policy with different sections for all three resources if you would like to do it this way).

The monitoring system that can be developed efficiently can be based on the development of a monitoring team which will be appointed to look into matters related to the business process development.

The monitoring team will evaluate the performance of the team to ensure success in the most efficient and organized manner that can be important for the success of the business efficiently.

The use of KPI is justifiable only when the management can use them to develop and use efficient organizational processes to ensure success in an organized process.

Timeframe-6 months which will be used to monitor the KPI system that is important for success.

A formal policy on the use of resources should be based on the resources needed, quantity of resources needed, the need to deliver these resources and many more as such. The timelines and use of these resources should be evaluated to ensure safety in the most efficient process.

The use of resources should be limited to the people including the development of success in an organized process.

Risk and contingency planning

Complete the table to assess risks and develop contingencies for resources you are planning for.

Potential risks

Planned Response

Risk associated with the acquisition or implementation of the resource

How will you mitigate the risk?

Financial Risks

Appointment and selection of efficient sponsors or proper financial backup.

Business developmental risks

Risks involved in acquiring resources can involve developmental risks like IP rights issues that can be important for success. IP rights needs to be acquired to ensure success accordingly.

 Attach:

Scope of Requirements document

?

Approval request for proposal (email)

?

Resource Evaluation Policy and procedures developed

?

Relevant policies and procedures related to the resource (workplace documentation or from the simulation pack)

?

Resource Plan 3

Description of resource bid.

Physical Resource bid is important for success. The physical resources need to be selected according to feasibility and acceptability. Physical resources provide and act as an asset for the business.

Options.

Outline suitable options that may suit

· Analysis of the existing resources

· Organization of needed resources

· Development of physical sources that are needed to be obtained

Budget and costs.

Outline the total budget and provide a break down of the costs associated with this resource

The budget will be close to $30,000

What are the timelines for identifying suitable resources and the acquisition of this resource?

Timeline will be two months

Explain how the resource will be obtained/purchased following policy and procedures.

The resources will be obtained by means of efficient and organized element by means of organized process. The resource will be obtained through a number of different sources which includes;

· External consultants

· Third party organizations

· Business management consultants

· Organizational development

Explain the approval process for this resource.

The approval process has been detailed out in a professional manner. They are as follows;

· Identification of the requirements

· Analysis of the requirements

· Development of a budget

· Approval of the budget

· Feasibility study

· Approval of the plan

Resource monitoring usage system

Develop a monitoring system that can be used to monitor the usage and success of this resource in meeting business or project objectives.

Establish a measurable Key Performance Indicators (KPI).

Show how you approached establishing the KPI in a mathematical way using problem-solving.

List ways to monitor the KPI including a timeframe for evaluation.

Develop a formal policy and procedure document and attach to this section (note you can develop just one Resource Usage Policy with different sections for all three resources if you would like to do it this way).

The monitoring system that can be developed efficiently can be based on the development of a monitoring team which will be appointed to look into matters related to the business process development.

The monitoring team will evaluate the performance of the team to ensure success in the most efficient and organized manner that can be important for the success of the business efficiently.

The use of KPI is justifiable only when the management can use them to develop and use efficient organizational processes to ensure success in an organized process.

Timeframe-6 months which will be used to monitor the KPI system that is important for success.

A formal policy on the use of resources should be based on the resources needed, quantity of resources needed, the need to deliver these resources and many more as such. The timelines and use of these resources should be evaluated to ensure safety in the most efficient process.

The use of resources should be limited to the people including the development of success in an organized process.

Risk and contingency planning

Complete the table to assess risks and develop contingencies for resources you are planning for.

Potential risks

Planned Response

Risk associated with the acquisition or implementation of the resource

How will you mitigate the risk?

Maintenance risks

Risk to maintain resources as these resources can incur heavy expenditure

Financial Risks

Appointment and selection of efficient sponsors or proper financial backup.

 Attach:

Scope of Requirements document

?

Approval request for proposal (email)

?

Resource Evaluation Policy and procedures developed

?

Relevant policies and procedures related to the resource (workplace documentation or from the simulation pack)

?

Resource 1 acquisition

Summarise the process you went through to receive quotations for this resource.

The resource was acquired by means of;

1. Identification of the needs of the resources

2. Development of resource acquisition council

3. Development of a team to acquire resource

4. Creation and implementation of the plan that can be important for success

Organisational compliance

How did you adhere to your organisational procurement policy and procedures when receiving quotations?

The organizational contents and compliance needs to be maintained to ensure proper success as such a process can help develop success efficiently. The compliance measures can help analyse and influence business decisions.

Timelines

How did you meet the timelines you planned for?

Each part of the acquisition process was divided by means of a proper timeline which helped to develop success in the most efficient process. The total time taken was 2 months.

Quotations

List the suppliers/vendors you received quotations from

Attach these quotations to this section of your portfolio

The suppliers/vendors who submitted their quotations are as follows;

a. Supplier A

b. Supplier B

c. Supplier C

Supplier preference and recommendation

Which supplier do you prefer and why? Summarise your reasons here.

Develop an email outlining your recommendationsto the relevant manager and attach this.

The suppler B was preferred as it submitted the lowest bid amount and provided additional expertise to handle legal policies and guidelines that are required to ensure proper rules and development processes in the most professional process.

E-Mail

Respected Sir,

                     I would like to draw your attention to the fact that the bid that we have invited for developing proper and efficient supplier in order to gain different resources has been closed and we think the supplier B would be the right choice to be declared as the winners in this case. Suppler B can be preferred as it submitted the lowest bid amount and provided additional expertise to handle legal policies and guidelines that are required to ensure proper rules and development processes in the most professional process. We want your expertise and approval in this particular matter.

Thanking You,

HR Manager

Describe how youarranged the delivery / receival of the resource and the processes followed for allocation.

Attach any evidence here as part of the process E.g., emails / receipts or delivery documentation, internal communication to staff.

If using the case study you don’t actually need to purchase and receive the resource but you can make assumptions and develop emails or internal communications about allocation as part of the simulation.

E-Mail

Respected Manager,

                              I have gone through the entire bidding process and I believe the decision to choose Bidder B will be the best as there are many supporting elements in its favour which can esurely ensure success.

Thanking You,

HR Manager

 Attach:

Quotations obtained

?

Email recommending preferred supplier

?

Evidence of resource allocation

Resource 2 acquisition

Summarise the process you went through to receive quotations for this resource.

The resource was acquired by means of;

· Identification of the needs of the resources

· Development of resource acquisition council

· Development of a team to acquire resource

· Creation and implementation of the plan that can be important for success

Organisational compliance

How did you adhere to your organisational procurement policy and procedures when receiving quotations?

The organizational contents and compliance needs to be maintained to ensure proper success as such a process can help develop success efficiently. The compliance measures can help analyse and influence business decisions.

Timelines

How did you meet the timelines you planned for?

Each part of the acquisition process was divided by means of a proper timeline which helped to develop success in the most efficient process. The total time taken was 2 months.

Quotations

List the suppliers/vendors you received quotations from

Attach these quotations to this section of your portfolio

The suppliers/vendors who submitted their quotations are as follows;

· Supplier A

· Supplier B

· Supplier C

Supplier preference and recommendation

Which supplier do you prefer and why? Summarise your reasons here.

Develop an email outlining your recommendations to the relevant manager and attach this.

The suppler B was preferred as it submitted the lowest bid amount and provided additional expertise to handle legal policies and guidelines that are required to ensure proper rules and development processes in the most professional process.

E-Mail

Respected Sir,

                     I would like to draw your attention to the fact that the bid that we have invited for developing proper and efficient supplier in order to gain different resources has been closed and we think the supplier B would be the right choice to be declared as the winners in this case. Suppler B can be preferred as it submitted the lowest bid amount and provided additional expertise to handle legal policies and guidelines that are required to ensure proper rules and development processes in the most professional process. We want your expertise and approval in this particular matter.

Thanking You,

HR Manager

Describe how you arranged the delivery / receival of the resource and the processes followed for allocation.

Attach any evidence here as part of the process E.g., emails / receipts or delivery documentation, internal communication to staff.

If using the case study you don’t actually need to purchase and receive the resource but you can make assumptions and develop emails or internal communications about allocation as part of the simulation.

E-Mail

Respected Manager,

                              I have gone through the entire bidding process and I believe the decision to choose Bidder B will be the best as there are many supporting elements in its favour which can esurely ensure success.

Thanking You,

HR Manager


Resource 3 acquisition

Summarise the process you went through to receive quotations for this resource.

The resource was acquired by means of;

· Identification of the needs of the resources

· Development of resource acquisition council

· Development of a team to acquire resource

· Creation and implementation of the plan that can be important for success

Organisational compliance

How did you adhere to your organisational procurement policy and procedures when receiving quotations?

The organizational contents and compliance needs to be maintained to ensure proper success as such a process can help develop success efficiently. The compliance measures can help analyse and influence business decisions.

Timelines

How did you meet the timelines you planned for?

Each part of the acquisition process was divided by means of a proper timeline which helped to develop success in the most efficient process. The total time taken was 2 months.

Quotations

List the suppliers/vendors you received quotations from

Attach these quotations to this section of your portfolio

The suppliers/vendors who submitted their quotations are as follows;

· Supplier A

· Supplier B

· Supplier C

Supplier preference and recommendation

Which supplier do you prefer and why? Summarise your reasons here.

Develop an email outlining your recommendations to the relevant manager and attach this.

The suppler B was preferred as it submitted the lowest bid amount and provided additional expertise to handle legal policies and guidelines that are required to ensure proper rules and development processes in the most professional process.

E-Mail

Respected Sir,

                     I would like to draw your attention to the fact that the bid that we have invited for developing proper and efficient supplier in order to gain different resources has been closed and we think the supplier B would be the right choice to be declared as the winners in this case. Suppler B can be preferred as it submitted the lowest bid amount and provided additional expertise to handle legal policies and guidelines that are required to ensure proper rules and development processes in the most professional process. We want your expertise and approval in this particular matter.

Thanking You,

HR Manager

Describe how you arranged the delivery / receival of the resource and the processes followed for allocation.

Attach any evidence here as part of the process E.g., emails / receipts or delivery documentation, internal communication to staff.

If using the case study you don’t actually need to purchase and receive the resource but you can make assumptions and develop emails or internal communications about allocation as part of the simulation.

E-Mail

Respected Manager,

                              I have gone through the entire bidding process and I believe the decision to choose Bidder B will be the best as there are many supporting elements in its favour which can esurely ensure success.

Thanking You,

HR Manager

Resource 1 evaluation

Provide an overview of the level of performance of the resource according to the data reviewed.

High level of performance as the resource was able to live up to the expectations.

Has the resource been used in line with the product specifications and product/service standards?

Yes

How has the resource usage been used according to the budget for this resource? Were there any budget overruns? Explain reasons if this was the case.

The resource did not had any budgetary concerns

Suggest improvements to work practices that could increase efficiency of this resource.

Resources can be impoverished to develop the workplace properly.

Does a corrective action need to be taken in relation to this resource? If yes, summarise this here and then implement it. Attach evidence of this implementation in this section.  

Note: There only needs to be one corrective action taken for one resource. Write NA here if you have taken this for another resource.

NA

 Attach:

Evidence of corrective action (1 only in total)

?

Formal report developed for management  

?

Resource 2 evaluation

Provide an overview of the level of performance of the resource according to the data reviewed.

High level of performance as the resource was able to live up to the expectations.

Has the resource been used in line with the product specifications and product/service standards?

Yes

How has the resource usage been used according to the budget for this resource? Were there any budget overruns? Explain reasons if this was the case.

The resource did not had any budgetary concerns

Suggest improvements to work practices that could increase efficiency of this resource.

Resources can be impoverished to develop the workplace properly.

Does a corrective action need to be taken in relation to this resource? If yes, summarise this here and then implement it. Attach evidence of this implementation in this section.  

Note: There only needs to be one corrective action taken for one resource. Write NA here if you have taken this for another resource.

Only on failure of the system a backup plan needs to be considered to ensure success and efficiency.

 Attach:

Evidence of corrective action (1 only in total)

?

Formal report developed for management  

?

Resource 3 evaluation

Provide an overview of the level of performance of the resource according to the data reviewed.

High level of performance as the resource was able to live up to the expectations.

Has the resource been used in line with the product specifications and product/service standards?

Yes

How has the resource usage been used according to the budget for this resource? Were there any budget overruns? Explain reasons if this was the case.

The resource did not had any budgetary concerns

Suggest improvements to work practices that could increase efficiency of this resource.

Resources can be impoverished to develop the workplace properly.

Does a corrective action need to be taken in relation to this resource? If yes, summarise this here and then implement it. Attach evidence of this implementation in this section.  

Note: There only needs to be one corrective action taken for one resource. Write NA here if you have taken this for another resource.

NA

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My Assignment Help. (2022). Analyzing Resource Requirements For Worlducation's Tablet Essay.. Retrieved from https://myassignmenthelp.com/free-samples/bsbops501-manage-business-resources/analyse-resource-requirements-file-K1DDBB7.html.

"Analyzing Resource Requirements For Worlducation's Tablet Essay.." My Assignment Help, 2022, https://myassignmenthelp.com/free-samples/bsbops501-manage-business-resources/analyse-resource-requirements-file-K1DDBB7.html.

My Assignment Help (2022) Analyzing Resource Requirements For Worlducation's Tablet Essay. [Online]. Available from: https://myassignmenthelp.com/free-samples/bsbops501-manage-business-resources/analyse-resource-requirements-file-K1DDBB7.html
[Accessed 23 April 2024].

My Assignment Help. 'Analyzing Resource Requirements For Worlducation's Tablet Essay.' (My Assignment Help, 2022) <https://myassignmenthelp.com/free-samples/bsbops501-manage-business-resources/analyse-resource-requirements-file-K1DDBB7.html> accessed 23 April 2024.

My Assignment Help. Analyzing Resource Requirements For Worlducation's Tablet Essay. [Internet]. My Assignment Help. 2022 [cited 23 April 2024]. Available from: https://myassignmenthelp.com/free-samples/bsbops501-manage-business-resources/analyse-resource-requirements-file-K1DDBB7.html.

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question

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