BSBWOR404 Assessment Pdf

BSBWOR404
Assessment (1 part)

Table of Contents
1. Selection of task from workplace and it requires work plan, schedule and participation to
complete. ....................................................................................................................................1
2. To confirm suitability of choice. If you do not have access to suitable workplace and
participation of others.................................................................................................................2
3. Identification of work objectives and completion of work plan. ...........................................3
4. Assignment of job roles and responsibilities for each team member. ....................................5

1. Selection of task from workplace and it requires work plan, schedule and participation
to complete.
The main aim is to constructs the work plan and scheduled activities of workplace
in term to launch new product in market. This is need to be prepared in order to meet the
proper expectation. To effective manner it is essential to draw project management plan
as are-
 Resources- To launching of new product in market as tanning removal oil with
lemon extracts, the ABC Ltd should have enough resources so that firm can be
capable to undertake its activities proficiently. Thus, resources as are man, labour
and capital must have so that things can be done without any interruption.
 Client need- It is essential to understand the need of customers so that product
can be successfully launched and profitability of an enterprise can be maximized.
 Work group targets- In order to carry out the process effectively, it is essential
to provide the work as capability of an individual so that completion can be done
during assigned deadline. For launching of product successfully it is crucial to
divide the segments as per ability of worker and work target must be prioritised.
The group will be divided as in production, reporting and sales etc.
 Responsibilities and priorities- In this, each team worker should assigned some
authority with some amount of responsibility. The activities must be prioritised
on the basis of responsibility.
 Time and scheduling- The each task or an activity should have particular
deadline so that things can be done properly. With perfect scheduling the each
activity can be done in effectively mode.
 Contingency planning- With help of launching some sampling of product and
by targeting the audience so that feedback of customer can be gathered. This
approach will help out to process the business activities systematically.
2. To confirm suitability of choice. If you do not have access to suitable workplace and
participation of others.
During the process of strategy formulation, the firm has to faced various choices.
1

The suitability of project can be done on basis of Suitability, Feasibility and
Acceptability. The one of the main motive is to how to choose among the several
strategic choices as are-
Suitability- At this stage, it is essential to analyse position of an enterprise and its
changes in environment. Thus, it evaluated the strategic option so that several factors and
growth opportunities in firm can be considered. In addition to this, PESTLE and 5 forces
porter will be useful to analyse core competencies, value networks, suitability and
capability (Katana and et.al., 2017).
Acceptability- In this, performance strategies is need to be measured in return, risk and
reactions of stakeholders. Returns should be calculated on the basis of benefits to
stakeholders. The effective return will determine that how workplace is able to launch
new product in market.
Feasibility- In this term it is need to recognize that firm has required resources,
capabilities and various competencies in terms to implement strategies. It is need to be
done in order to forecast and analyse the break even analyse among others. The financial
capacity of firm is need to be determined so that entity can able to undertake its activities
effectively.
Thus, the quality of choice can be determine with this three effective tool as are
suitability, acceptability and feasibility. With help of this overall things can be determine
in specific mode.
3. Identification of work objectives and completion of work plan.
Appendix 1: Work plan
Project title Launching new product as Tanning removal oil with lemon extracts.
Project aim The main aim is to constructs the work plan and scheduled activities
of my own workplace as ABC cosmetic Ltd. in term to launch new
product in market.
Goal 1 To generate high volume of profitability and productivity.
Objective 1.1 To identify the target audience so that approach can be made
properly.
2