AAOM Handbook

ST.10 Lock-In Targets, Strategies & Forecasting Schedules

Context

When both the effectiveness, sustainability and efficiency outcomes predicted by the statistical models for an element of the Business Structure meet the Business Expectations, we have specified Production and Service Strategies, an Operating Master Schedule and Expenditure Schedule that can meet performance targets at an acceptable confidence level.

These should then be locked in for execution.

Purpose

To define the approved operating regime for a process.

Quantity

• One secure record of the approved Production and Service Strategies, Operating Master Schedule and Expenditure Schedule.

Quality

The approved Production and Service Strategies, Operating Master Schedule and Expenditure Schedule shall be stored in a secure database and shall be protected against change.

Time

The approved operating regime shall be locked in at each Business Planning Cycle.

Resources

Specification of Performance Targets is the accountability of the role identified in the configured flowchart.

© McAlear Management Consultants 2006

Operational Planning: Set Performance Targets

Updated: August 2018

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