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The document outlines the need to update a business plan to address variances and refine performance indicators based on a performance report. It includes instructions for summarizing business performance, evaluating objectives, reviewing performance indicators, assessing legislative compliance, identifying underperforming staff, and analyzing the business plan's strengths and weaknesses. Additionally, it emphasizes the importance of establishing ongoing review processes and identifying necessary variations to the business plan.

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0% found this document useful (0 votes)
25 views2 pages

6

The document outlines the need to update a business plan to address variances and refine performance indicators based on a performance report. It includes instructions for summarizing business performance, evaluating objectives, reviewing performance indicators, assessing legislative compliance, identifying underperforming staff, and analyzing the business plan's strengths and weaknesses. Additionally, it emphasizes the importance of establishing ongoing review processes and identifying necessary variations to the business plan.

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© © All Rights Reserved
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Update your business plan to address variances and refine performance indicators.

Update your business plan to address at least one variance and to refine the
performance indicators.

Base your update on the outcomes of your report in step 9.


Highlight the changes.
Write a report on the business’ performance. In your report:
 summarise the business performance
 evaluate the key aspects of your business against the planned objectives
 review the performance indicators in your business plan (identify at least one change)
 evaluate the legislative compliance of your business
 identify underperformance of staff members
 analyse the strengths and weaknesses of the business plan
 identify any variations required to the business plan (at least one).
 establish ongoing review processes.

Use the template provided in the Project Portfolio.

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