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.
ELEMENT | PERFORMANCE CRITERIA |
Elements describe the essential outcomes. | Performance criteria describe the performance needed to demonstrate achievement of the element. |
1. Discuss organisational business ideas to seek funding | 1.1 Canvass organisational stakeholders for business ideas and options that are relevant to the organisation's objectives and purpose 1.2 Discuss business ideas with other board or committee members and agree on the potential sourcing of external funding |
2. Research potential funding sources | 2.1 Gather information about potential funding bodies' priorities 2.2 Analyse potential funding sources that meet organisational objectives, needs and/or aspirations 2.3 Analyse potential project or grant funding and the resource implications of successful submissions 2.4 Discuss potentially appropriate funding projects or grants with other board or committee members with a view to making submissions at the required times |
3. Apply for funding | 3.1 Seek advice or form a team to oversee funding applications of identified funding sources, seeking expert advice where appropriate 3.2 Identify and address project funding criteria within set timelines 3.3 Arrange for the editing of funding application(s) 3.4 Submit the funding application by the due date |
4. Conduct submission follow-up activity | 4.1 Put processes and resources in place for successful applications that ensure project or grant deliverables are met within set timelines 4.2 Seek and document feedback for unsuccessful applications to inform and improve future funding submission activity and consider if it is appropriate to conduct appeal processes |
Evidence of the ability to:
gather information about potential funding bodies' priorities
conduct analysis of:
potential funding bodies and potential funding tenders to assess if they are in line with organisational objectives, needs and aspirations
project funding criteria
communicate and work effectively with board or committee members, and stakeholders on potential funding projects or grants
meet prospective project funding application deadlines
conduct appropriate follow-up activity following funding application
document activity relevant to funding opportunities.
Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.
To complete the unit requirements safely and effectively, the individual must:
explain the organisational stakeholders needs and how the organisation will benefit from proposed funding submissions
list funding sources and their requirements
explain geographic, social, economic and political contexts in which particular organisations operate and how these may impact on how funding is sourced and used
list organisational policies and procedures in relation to obtaining funding
discuss provisions of federal, state or territory legislation and funding body requirements that impact on how funds may be sourced and used
list relevant consultancy services to support funding submissions
discuss relevant protocols and cultural responsibilities that impact on how funding is sourced
explain appeal procedures available if funding submission is rejected.
Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical committee or board of governance activities and include access to:
examples of committee or board funding applications.
Assessors of this unit must satisfy the requirements for assessors in applicable vocational education and training legislation, frameworks and/or standards.