You know that feeling when you're sitting at your desk, and you think, "I have no idea what to do next." It's unsettling. For some people, this happens all the time. They don't know where to start or how to get anything done. Luckily, there is a way out of this dilemma: work plan templates! A work plan template is a valuable tool for any business owner.
Types of the work plan template
There are many work plan templates used in different industries. Some common types of templates available include:
Before creating a work plan template, it is crucial to start with a purpose and end with a goal. Then, you can opt for using SMART goals. The following illustration is:
- Specific: The goals should be in detail and clear. Any doubts within the team should be cleared.
- Measurable: You should measure the timeframe to achieve your goal and track your progress in between.
- Relevant: The goals should be relevant to your tasks, and each level should be interconnected.
- Time-bound: The duration to achieve such objectives should be specified beforehand to help the team manage time effectively.
How a work plan can improve your productivity?
- Reduce errors- Once you create a work plan, you must execute them; there won't be confusion about what to do and what not to do. Miscommunication within the team will be avoided, and information transfer will be more concise.
- Increase work speed- Any errors can be documented, and corrective actions can be taken to prevent them in the future. Once errors reduce, tasks will be easier to accomplish. One lesson learned from an error can be implemented by everyone in the team.
Develop a risk management approach in the work plan
- Identification- Risks can be identified by conducting surveys, brainstorming sessions, looking into previous data, etc. Risk should be determined beforehand and at every stage of the project.
- Prioritization- Classify the risks into different levels like critical, minor, major according to their level of impact and chances of occurring. Not all risks should be included in the plan, as many risks will have no adverse effects if ignored.
- Mitigation- Create a mitigation plan that outlines what can be done in the future to reduce the impact of prioritized risks or what corrective actions should be taken in advance to prevent the occurring of risks.
- Monitoring- An annual or quarterly review would be sufficient to refresh the risk management plan you have created. If any risk occurs, check the status of corrective steps taken to make sure everything is under control. Then, develop a special reminder that reminds managers to track the level of a particular risk.
How to create a successful work plan?
Here are some of the essential steps required to create a work plan
- Gather Resources- Identify the team members with the specialized skill set to execute the tasks required to complete the project. Discuss with your technical team to gather the software, tools which will assist in achieving your goals.
- Responsibilities- Assign specific duties to your team members and duration to complete their tasks so that they have a clear understanding of their duties. Set specific targets and reward them when they accomplish their goals within the deadline.
- Obstacles– Identify obstacles such as team member absenteeism or technical failures that will impact your goals and create backup plans to tackle them.
- Estimating timeframe- Estimating the timescale of a work plan is not always easy. You need to consider many factors, such as the complexity and size of the job, whether it is being done by one person or with a team, your company's workload, and more. Make sure you discuss how much time they will take to complete a particular task to avoid any confusion later.
- Budget- Estimate the budget by discussing it with shareholders and other industry leaders. Identify the source of funding and specifying the costs covered by different partners, investors, etc. When creating a budget, make sure that it includes all your expenses and separates them into different categories such as marketing, labor, and operating costs.