This unit specifies the skills and knowledge required to manage and evaluate agency operational finances in the property industry.

The unit applies to industry professionals in the property industry.

State or territory licensing requirements may apply to this unit.

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

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)

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.

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
Conduct risk analyses according to legislative requirements.
Analyse and record processes for managing budgets, financial control systems and management requirements for the agency and departments.
Analyse the standard financial records, reports and break-even analyses to develop key performance indicators (KPIs).
Allocate resources to support attainment of department and agency KPIs.
Interpret requirements and schedules for conducting financial reconciliations and producing formal reports for internal and external purposes.
Determine legislative responsibilities and best practice of financial systems.
Design and implement strategies to establish and maintain link between individuals responsible for budgets and individuals operating financial control systems.
Develop and implement financial controls and processes for preparation of valid records and reports.
Implement strategies and adjust KPIs to ensure ongoing and accurate projections of income, expenditure and cash flow.
Communicate to agency staff the standards, culture and business KPIs relating to financial management in the agency.
Facilitate monitoring, reviewing and adjustment of agency and department financial practices.
Manage and review allocation of resources.
Manage the collation of periodic financial reports to provide a financial overview of the agency.
Analyse periodic financial reports and use data to evaluate achievement of KPIs.
Use evaluation data to determine, record and implement improvements.

Assessment Cover Sheet

CPPREP5006 - Manage operational finances in the property industry

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

CPPREP5006 - Manage operational finances in the property industry

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: