Assessor Resource

ICTICT803
Endorse business plan components for a new initiative

Assessment tool

Version 1.0
Issue Date: March 2024


This unit describes the skills and knowledge required to endorse a business plan for a new initiative, including the marketing, operations, organisational and financial plans within a medium to large organisation.

It applies to individuals who work in high-level management positions and lead the analysis, implementation and management of emerging, and converging, information and communications technology (ICT), as they are integrated into the business process to support the organisational strategic goals of medium to large organisations.

No licensing, legislative or certification requirements apply to this unit at the time of publication.

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



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.

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Endorse a marketing plan for ICT business

1.1 Ensure that internal and external environmental issues are addressed

1.2 Critically review the feasibility of target market projections

1.3 Endorse the selection of advertising and promotional strategies

2. Endorse the operation plan

2.1 Review and verify, the scope of the business operation plan

2.2 Ensure that the business plan complies with business needs

2.3 Endorse the criteria for quality processes against the organisational standards

3. Endorse the organisational plan

3.1 Critically analyse and review the organisation’s structure

3.2 Ensure that the organisational structure meets the organisation’s strategic plans and directions

4. Endorse the financial plan

4.1 Endorse the financial strategy for the new initiative

4.2 Evaluate the expected cash-flow projections

4.3 Critically analyse and evaluate the effects of financial decisions on the ability of the organisation to meet planned outcomes

4.4 Ensure financial risk-management procedures are followed according to organisational requirements

4.5 Ensure early detection and remedial action plans, for deviations in budget objectives and projections

Evidence of the ability to:

verify the strategy aligning information and communications technology (ICT) services with organisational goals

direct a critical risk analysis, including security, for ICT assets

verify that the risk assessment procedures are implemented

verify that the contingency plans for business continuity are established

evaluate the warning systems, and direct an ongoing process that includes regular or programmed reviews of the risk profile

verify that security products are being utilised

verify organisational security policy is being implemented

direct the development of a strategy to ensure that quality expectations are being met

endorse the main components of the business plan.

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:

research and summarise, risk management principles and guidelines

review business continuity issues for the organisation

explore the organisation’s industry and current functionality, including the existing data and information systems

describe the organisation's internal and external dependencies, and interdependencies

review and summarise the organisational policies and procedures, including the risk-management strategy

discuss past and current internal, external and industry disruptions

outline the relevant legislation and regulations that impact on business continuity, including:

workplace health and safety (WHS)

environment

duty of care

contracts

business and company law

freedom of information

industrial relations

privacy and confidentiality

due diligence

records management.

Gather evidence to demonstrate consistent performance in conditions that are safe and replicate the workplace. Noise levels, production flow, interruptions and time variances must be typical of those experienced in the general ICT industry, and include access to:

relevant strategic-level enterprise documentation, including:

planning

financial

ICT infrastructure documentation

legislative policies.

Assessors must satisfy NVR/AQTF assessor requirements.


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.

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Endorse a marketing plan for ICT business

1.1 Ensure that internal and external environmental issues are addressed

1.2 Critically review the feasibility of target market projections

1.3 Endorse the selection of advertising and promotional strategies

2. Endorse the operation plan

2.1 Review and verify, the scope of the business operation plan

2.2 Ensure that the business plan complies with business needs

2.3 Endorse the criteria for quality processes against the organisational standards

3. Endorse the organisational plan

3.1 Critically analyse and review the organisation’s structure

3.2 Ensure that the organisational structure meets the organisation’s strategic plans and directions

4. Endorse the financial plan

4.1 Endorse the financial strategy for the new initiative

4.2 Evaluate the expected cash-flow projections

4.3 Critically analyse and evaluate the effects of financial decisions on the ability of the organisation to meet planned outcomes

4.4 Ensure financial risk-management procedures are followed according to organisational requirements

4.5 Ensure early detection and remedial action plans, for deviations in budget objectives and projections

Evidence of the ability to:

verify the strategy aligning information and communications technology (ICT) services with organisational goals

direct a critical risk analysis, including security, for ICT assets

verify that the risk assessment procedures are implemented

verify that the contingency plans for business continuity are established

evaluate the warning systems, and direct an ongoing process that includes regular or programmed reviews of the risk profile

verify that security products are being utilised

verify organisational security policy is being implemented

direct the development of a strategy to ensure that quality expectations are being met

endorse the main components of the business plan.

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:

research and summarise, risk management principles and guidelines

review business continuity issues for the organisation

explore the organisation’s industry and current functionality, including the existing data and information systems

describe the organisation's internal and external dependencies, and interdependencies

review and summarise the organisational policies and procedures, including the risk-management strategy

discuss past and current internal, external and industry disruptions

outline the relevant legislation and regulations that impact on business continuity, including:

workplace health and safety (WHS)

environment

duty of care

contracts

business and company law

freedom of information

industrial relations

privacy and confidentiality

due diligence

records management.

Gather evidence to demonstrate consistent performance in conditions that are safe and replicate the workplace. Noise levels, production flow, interruptions and time variances must be typical of those experienced in the general ICT industry, and include access to:

relevant strategic-level enterprise documentation, including:

planning

financial

ICT infrastructure documentation

legislative policies.

Assessors must satisfy NVR/AQTF assessor requirements.

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
Ensure that internal and external environmental issues are addressed 
Critically review the feasibility of target market projections 
Endorse the selection of advertising and promotional strategies 
Review and verify, the scope of the business operation plan 
Ensure that the business plan complies with business needs 
Endorse the criteria for quality processes against the organisational standards 
Critically analyse and review the organisation’s structure 
Ensure that the organisational structure meets the organisation’s strategic plans and directions 
Endorse the financial strategy for the new initiative 
Evaluate the expected cash-flow projections 
Critically analyse and evaluate the effects of financial decisions on the ability of the organisation to meet planned outcomes 
Ensure financial risk-management procedures are followed according to organisational requirements 
Ensure early detection and remedial action plans, for deviations in budget objectives and projections 

Forms

Assessment Cover Sheet

ICTICT803 - Endorse business plan components for a new initiative
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Assessment Record Sheet

ICTICT803 - Endorse business plan components for a new initiative

Student name:

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

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

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