Explain are the various elements of an Operational plan?
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Explanation:
1.Budget
2.Timeline
3.Strict action
4.Goals & objectives
5.Essential capitals
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The various elements of an Operational plan:
- Precise, clear and achievable objective/s help in keeping the baseline clear and straight forward.
- Primary and secondary activities need to carry out in the direction towards the objective.
- Benchmarks and quality standard that needs to be adhered to to ensure the business is legally right.
- Primary target performance indicators.
- Resource planning and allocation like financial, human, assets, etc
- Scheduling and timeline for every activity.
- Risk management.
To learn more about Operational plan:
Briefly, explain the objectives of operational plan?
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