Assessor Resource

AHCBUS506A
Develop and review a business plan

Assessment tool

Version 1.0
Issue Date: April 2024


This unit applies to those whose role is to set the short, medium or long term goals and targets for the business plan and may relate to marketing and production targets, resource and asset development and management, acquisitions, capital, property improvements, and operational systems.

This unit covers developing and reviewing a business plan and defines the standard required to: set strategic goals, targets and directions for the enterprise; determine clear and measurable indicators of operational performance; identify and design risk management and mitigation strategies; develop appropriate operational plans; document the business plan; monitor the business plan to identify strengths, weaknesses and areas for improvement.

You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)

Employability Skills

This unit contains employability skills.



Evidence Required

List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.

The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.

Overview of assessment

Critical aspects for assessment and evidence required to demonstrate competency in this unit

Competence in developing and reviewing a business plan requires evidence that demonstrates ability to scope the business plan and determine key objectives and targets. The evidence required to demonstrate competency in this unit must be relevant to workplace operations and satisfy holistically all of the requirements of the performance criteria and required skills and knowledge and include achievement of the following:

set strategic goals, targets and directions for the enterprise

determine clear and measurable indicators of operational performance

identify and design risk management and mitigation strategies

develop appropriate operational plans

document the business plan

monitor the business plan to identify strengths, weaknesses and areas for improvement.

Context of and specific resources for assessment

Competency requires the application of work practices under work conditions. Selection and use of resources for some worksites may differ due to the regional or enterprise circumstances.

Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assingnment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)

Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

Required skills

set realistic goals

operate manual and/or electronic commercial systems

consider and evaluate alternatives

develop and manage supply chains

design performance criteria, and operational and tactical plans that are incorporated into a business plan

analyse information and results

identify and design risk management and mitigation strategies

identify and design appropriate operational plans

use literacy skills to fulfil job roles as required by the organisation. The level of skill may range from reading and understanding documentation to completion of written reports

use oral communication skills/language competence to fulfil the job role as specified by the organisation including questioning, active listening, asking for clarification, negotiating solutions and responding to a range of views

use numeracy skills to estimate, calculate and record complex workplace measures

use interpersonal skills to work with others and relate to people from a range of cultural, social and religious backgrounds and with a range of physical and mental abilities.

Required knowledge

budgeting

forecasting

relevant industrial awards and agreements

communication techniques

risk management factors and priorities

indicators of operational performance

the fiscal and operational systems, and the resource considerations, that are relevant to business planning

logical and analytic methods

profit and loss and cash flow systems

working knowledge of environmental, OHS, industrial relations, taxation, corporate and industry legislation as they relate to the enterprise

capital investment analysis.

The range statement relates to the unit of competency as a whole.

Business plans may include:

the goals and targets for the business plan which may be short, medium or long term and may relate to marketing and production targets

resource and asset development and management, acquisitions

capital

property improvements

operational systems.

Operational goals and targets may include:

link directly to the enterprise strategic plan and also to Occupational Health and Safety (OHS), environment, quality and customer/market satisfaction key result areas.

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Scope of the business plan and associated systems is determined in consultation with key and specialist personnel. 
Accurate information is accessed to inform business plan development. 
Trends and seasonal variations are accounted for and incorporated into the business plan. 
Strategic goals, targets and directions of the enterprise are accounted for in the development of the business plan. 
Legal obligations are understood and complied with in developing the business plan. 
Operational goals and targets that enhance opportunities to meet the enterprise strategic plan are developed. 
Supply chains are identified and incorporated into the business plan. 
Risk management needs are identified and addressed within the business plan. 
Trial systems are incorporated in order to test budgetary impact and operational potential prior to full implementation of the business plan. 
Indicators of operational performance are clear and measurable and allow for realistic analysis of performance. 
Fiscal and operational systems that enhance performance management and suit enterprise requirements are included. 
Resource considerations are incorporated into the business plan. 
Business plan is accurately documented and clearly communicated to all relevant parties. 
Performance against the business plan is monitored to identify strengths, weaknesses and areas for improvement. 
Recommendations to improve the business plan and associated systems are made as required. 

Forms

Assessment Cover Sheet

AHCBUS506A - Develop and review a business plan
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:

Assessment Record Sheet

AHCBUS506A - Develop and review a business plan

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: