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Unit 5004 Resource Management Paper

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Unit 5004 Resource Management Paper
CHARTERED MANAGEMENT INSTITUTE

Level 5: Management and Leadership

UNIT 5004 Resource Management
Contents

Introduction 3
Aim 3
Methodology 3
Part 1: 6
What are the operational resources required to support goals and objectives? 6
Indentifying resources 7
Resources in the transformation process 9
What is the process by which resources are planned and monitored? 13
What is the process by which costs are agreed? 14
Part 2: 17
What options do I have in terms of providing resources? 17
What is our current supply mix? 17
How efficient is our strategy in terms of predicting and coping with destructions? 18
Part 3: 21
Conclusion 21
Learning log/Reflection: 22
What did I learn the most? 22
What did I find most difficult? 22
What would I like …show more content…
It should describe the overall direction in which the organisation is going to move.
A business or tactical – Plan deals with the medium term. If the strategic plan answers the question ‘What are we going to do’? The tactical plan answers the question ‘How are we going to do it’? It describes the means by which the strategic plan will be put into action.
An operational plan - Deals with what needs to happen to produce the products or services on a daily basis.
Plans made at each level are interdependent. A strategic plan can’t work unless it’s linked to a reasonable tactical plan – and tactical plans must be linked to practical operational plans. However far-sighted and exciting the overall strategy of an organisation, it can be realised only if it can be reflected in the day-to-day operational
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