PROJECT

PORTFOLIO
ASIA

STUDENT VERSION

BSBOPS601
DEVELOP AND
IMPLEMENT BUSINESS
PLANS

Page No: 1
 Contents
Section 1: Planning to develop a Business Plan 4
Section 2: Developing a Business Plan 9
Section 3: Implementing and monitoring a Business Plan 13

Page No: 2
Student name:

Assessor:

Date:

Business this assessment is

based on:

Role assumed to complete

this assessment:

Page No: 3
 Section 1: Planning to develop a Business Plan

Provide an overview of your

business
What is the name of the business?
What are the main products,
services, or programs of the
business?

Describe the legislative and

regulatory requirements relevant to
developing your Business Plan
(include at least one)
What is the legislation/regulatory
requirements called?
How are the legislation/regulatory
requirements relevant to your
business and Business Plan?
How are the legislation/regulatory
requirements relevant to you as
you perform your role?

Describe the organisational

requirements relevant to developing
your Business Plan
What is the business’ vision?
What is the business’ mission?
What are the business’ values?
What are the objectives and goals
of the business?
What are the financial targets of
your business?
What are the management
arrangements/organisational
structure of your business (use a
diagram and/or words to answer)?

Page No: 4
What is your business’ current
marketing strategies?
Describe the pricing structure of
your business.
What are the requirements outlined
in any pre-existing strategic,
business, and/or operational plans?
Are there any other organisational
requirements (such as a template
etc.) that you need to consider
when developing your Business
Plan?
Attach proof of the existing
plans/organisational requirements
to this section of your portfolio.

Research the market requirements

for your business’
products/services/programs
(include mathematical information
in your research)
What does the market want?

What is an acceptable price point?

What are the quality expectations?
Are there opportunities for different
quality/price point options?
What are other market
requirements?
Attach proof of your
research/information sources to
this section of your portfolio (e.g.,
websites, surveys etc.).

Research information relevant to

the competitors of your business
and Business Plan (include at least
one competitor and include
mathematical information in your
research)
Who are your competitors?
What are your competitors’
business models/approaches?
What is your competitors’ market

Page No: 5
position and brand awareness?

What are the geographic locations

of your competitors?
What is the pricing of your
competitor?
What is your competitors’ sales
channels?
Attach proof of your
research/information sources to
this section of your portfolio.

Research other industry-related

information
What are industry trends?
What are marketing trends?
Attach proof of your
research/information sources to
this section of your portfolio (e.g.,
websites, surveys etc.).

Analyse your business and its

objectives (consider the research
you’ve done on the vision, mission,
values, objectives, goals,
competitors, financial targets,
management arrangements and
marketing approaches)
What are the strengths of your
business?
What are the weaknesses of your
business?
Are there any opportunities for
improvement?
What are the existing or future
threats to your business?
Note: You may use any method of
analysis suitable to the information
you researched in addition to the
questions above.

Page No: 6
Propose performance and
productivity targets
What are your proposed:

 key aspects of business to

focus on in the Business Plan
(at least three)?

 productivity and performance

targets (including at least one
financial indicator such as
revenue) related to the key
aspects?

Attach: Existing plans/organisational requirements ☐

Proof of competitor, market, and industry research ☐

Page No: 7
 Section 2: Developing a Business Plan
Complete the next section before meeting with relevant stakeholders.

Plan to meet with relevant

stakeholders (at least two)
Who will you meet with?
How will you demonstrate
your ability to:
 lead others

 facilitate group
interaction
 influence the direction of
the outcomes
 present information/seek
advice?

Schedule meeting
Insert a screen shot showing
the meeting in your calendar.
Insert a screen shot showing
that the meeting invites has
been sent to meeting
participants.

Complete the next section after you’ve met with relevant stakeholders.
Note: If your meeting was not viewed in person by your assessor, attach proof of the meeting to this
section of the portfolio.
Performance and productivity targets.

Summarise the agreed

performance objectives and
measures for your Business
Plan.
What are the agreed key result
areas (at least three)?
What are the agreed
productivity and performance
targets (include at least one
financial indicator such as
revenue)?

Page No: 8
Business Plan.

Business Plan for:

[Name of Business]

Duration of Plan
20XX – 20XX

Business Description
Describe the business and the environment it operates in. What are the current products, services
and/or programs offered by the business? What are the strengths, weaknesses, opportunities and
threats for your business?

Products, services and/or initiatives

Which key aspects of the business does this Business Plan focus on?
Describe the desired products, services and/or initiatives that will support the key aspects.

Productivity and performance objectives and measures

What are the performance and productivity targets (including financial indicators) to address the key
aspects?
How will the targets be monitored and measured (i.e., what is the performance measurement system
for the target)?

Product/Service/Initiative Target Measurement system

Page No: 9
 Resource requirements
What financial resources are required for the Business Plan to be implemented?
What physical resources are required for the Business Plan to be implemented?
Which human resources are required for the Business Plan to be implemented (including at least one
skilled labour requirement)?

Regulatory requirements
What are the regulatory requirements for the Business Plan and its related operations?

Marketing strategy
What marketing strategy will you follow to achieve your Business Plan?

Implement the Business Plan.

Communicate the Business

Plan
Insert a screen shot of your
draft email to relevant
stakeholders.

Page No: 10
 Confirm that skilled labour is
available to implement the plan
How have you confirmed that
skilled labour is available?
Attach proof of your
confirmation (e.g., highlighted
work schedule and staff list).

Attach: Meeting (if not viewed in person by your assessor) ☐

Business Plan (if different template was used) ☐

Section 3: Implementing and monitoring a Business Plan

Assume that your business premises and/or staff have been exposed to COVID-19 and you have
been required to shut down and isolate for two weeks.

Report system failures and variances promptly.

Report the variance to all

relevant people promptly
Insert a screen shot of how you
reported the variance to all
relevant people (or attach as
proof to this section of your
portfolio).

Assume a period has passed and your Business Plan has been implemented. Your assessor will

Page No: 11
 have provided you with simulated information to monitor, review and evaluate your Business Plan.

Report on key aspects of the business.

Report on key aspects of business for

[Business Name]
[Date]

Summary of business performance

What are the business results?

Page No: 12
Evaluation of results
How have key aspects performed against the performance and productivity objectives?

Performance indicators
Are the financial indicators realistic and achievable?
Are other performance indicators realistic and achievable?
What changes do you suggest (at least one)?

Legislative compliance
How have legislative and regulatory requirement been adhered to?

Underperformance
Are any staff members underperforming?
Which areas do they need to improve in?

Page No: 13
 Strengths and weaknesses of the Business Plan
Identify any strengths and weaknesses of your Business Plan.

Variations
Summarise any variations required to the Business Plan (at least one).

Review Processes
Establish ongoing review processes for the Business Plans.

Updated Business Plan to address variances and refine performance indicators.

Business Plan for:

[Name of Business]

Duration of Plan:
20XX – 20XX

Page No: 14
Business Description:
Describe the business and the environment it operates in. What are the current products, services
and/or programs offered by the business? What are the strengths, weaknesses, opportunities, and
threats for your business?

Products, services and/or initiatives

Which key aspects of the business does this Business Plan focus on?
Describe the desired products, services and/or initiatives that will support the key aspects.

Productivity and performance objectives and measures

What are the performance and productivity targets (including financial indicators) to address the key
aspects?
How will the targets be monitored and measured (i.e., what is the performance measurement system
for the target)?

Product/Service/Initiative Target Measurement system

Page No: 15
 Resource requirements
What financial resources are required for the Business Plan to be implemented?
What physical resources are required for the Business Plan to be implemented?
Which human resources are required for the Business Plan to be implemented (including at least one
skilled labour requirement)?

Regulatory requirements
What are the regulatory requirements for the Business Plan and its related operations?

Marketing strategy
What marketing strategy will you follow to achieve your Business Plan?

Share report and Business Plan.

Draft an email to share your

report
Insert a screen shot of your draft
email to communicate the
Updated Business Plan and
share your report.

Test performance measurement systems.

Complete the check for ONE performance measurement system.

Checklist for [Performance measurement system] Yes No

Page No: 16
 Is the system accurate and fair?

Does the system assist in measuring performance?

Is the system comprehensive?

Does the system adhere to legislative requirements?

Does the system disadvantage staff?

Refinement
Make any changes to the system (if required).

Address underperformance.

Coach underperforming staff

Unless already viewed in person
by your assessor, attach proof
of a coaching session to this
section of your Portfolio.

Attach: Proof of reporting variances/failures (if screenshots

☐
have not been inserted)

Report on key aspects of Business (if your business

☐
has its own template)

Coaching session (if not viewed in person by the

☐
assessor)

Page No: 17