Question: Given the operational plan for Terra Engineering below, develop a system to review performance systems and processes to assess progress in achieving profit and productivity
Given the operational plan for Terra Engineering below, develop a system to review performance
systems and processes to assess progress in achieving profit and productivity plans and targets.
Clearly outline how you will es
tablish if these targets are met.
Likewise, develop systems for:
Analysis and interpretation of budget and actual financial information to monitor and review
profit and productivity performance
Identification areas of under-
performance, and strategies to t
ake prompt action to rectify the
situation
Planning and implementation of systems to ensure that mentoring and coaching are provided
to support individuals and teams to effectively, economically and safely use resources
Identification of variations to operational plans and process gain approval from designated
persons/groups for rectification of noted variations
Documentation of performance
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