BSBINM601: Manage Knowledge and Information - Business Services Training - Management Assignment Help

Assignment Task:

King Edward VII College has been operating since 2015. The College is based in Melbourne CBD and has an additional campus in Sydney. The College offers a range of courses in management, marketing, human resources and international business. It currently has 195 students enrolled across all of its courses and both campuses. Courses are offered at all levels, from Certificate II to Graduate Diploma.
King Edward VII College is very popular due to its competitive pricing structure, innovative teaching methods and state of the art facilities.
The College currently employs 24 staff members that include the CEO, a Sales and Marketing Manager and Sales and Marketing Assistant, Promotions Officer, Human Resources Manager, Operations Manager, Administration Manager, Office Assistant, Receptionist, Academic Manager, Student Services Officer and approximately 14 trainers and assessors. Currently the company is preparing the financial forecasts and projections for the year ahead. The College is planning to open two new campuses, one in Brisbane and one in Adelaide in the next year, and that will have to be factored into the forecasts.
As the Operations Manager for King Edward VII College, you have been tasked to prepare the financial forecasts and projections for the upcoming year. This will be used to inform the preparation of budgets and to develop a deeper understanding of the business’s potential.
You will also be required to look at various data storage and access systems that could be adopted, and that have the potential to grow with the business.

Please also refer to King Edward VII College simulated business environment and read the following:

• Business plan
• Financial policy and procedures

Trends analysis
Identify patterns and emerging trends and interpret causes and effects

Decision process
Describe the process that must be taken before a major investment is undertaken by the company.

Compliance
Describe the company’s organisational objectives and values that must be complied with.

Data storage and access options
Describe at least two options that would allow the College to store and access across all campuses.

Sensitivity analysis
Apply what if scenarios to available data storage and access options.

Validity and reliability of source data
Describe how the data that you have used to arrive at the business options is both valid and reliable.

Risk management
Identify at least five risks for the planned expansion and give at least three mitigating activities that could be undertaken.

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