Assessor Resource

PSPMGT006
Develop a business case

Assessment tool

Version 1.0
Issue Date: April 2024


This unit describes the skills required to perform market analysis, development and cost options, and justify for a recommended business solution.

This unit applies to those developing appropriate and cost-effective business solutions.

The skills and knowledge described in this unit must be applied within the legislative, regulatory and policy environment in which they are carried out. Organisational policies and procedures must be consulted and adhered to.

Those undertaking this unit would work autonomously, performing complex tasks in a range of familiar contexts.

No licensing, legislative or certification requirements apply to 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.

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes

Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the range of conditions section.

1. Research a business case

1.1 Identify and confirm business problem.

1.2 Analyse key stakeholder requirements to clarify objectives.

1.3 Consider a range of factors to identify opportunities and constraints.

1.4 Conduct market analysis.

2. Examine business solutions

2.1 Analyse and document business and technical impacts and risks.

2.2 Analyse community, environmental and human resource impacts.

2.3 Canvas for alternative solutions and their financial implications and discuss with senior management and business case originator.

3. Construct a business case

3.1 Develop options and determine and document impacts, risks, costs and stakeholders.

3.2 Make and justify recommendations.

4. Finalise a business case

4.1 Present business case and explain recommendations.

4.2 Obtain approvals and management endorsement.

Evidence required to demonstrate competence must satisfy all of the requirements of the elements and performance criteria. If not otherwise specified the candidate must demonstrate evidence of performance of the following on at least one occasion.

managing resources

using language and style suited to written submissions

explaining complex ideas to different audiences

interpreting and explaining complex, formal documents

preparing written advice and reports requiring reasoning and precision of expression

engaging in discussion using exchange of complex oral information

Evidence required to demonstrate competence must satisfy all of the requirements of the elements and performance criteria. If not otherwise specified the depth of knowledge demonstrated must be appropriate to the job context of the candidate.

government and organisational goals, policies and practices

legal requirements related to the business activity

financial and accounting issues relating to developing a business case

wholeoflife considerations

approval processes

aspects of trade practices law, commercial law and law of contract relating to the development of business cases

jurisdictional legislation that applies to business case development, including work health and safety and environmental requirements

This unit contains no specific industry-mandated assessment conditions. Guidance on suggested and recommended conditions and methods can be found in the Implementation Guide.

Assessors must satisfy the NVR/AQTF mandatory competency requirements for assessors.

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.

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes

Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the range of conditions section.

1. Research a business case

1.1 Identify and confirm business problem.

1.2 Analyse key stakeholder requirements to clarify objectives.

1.3 Consider a range of factors to identify opportunities and constraints.

1.4 Conduct market analysis.

2. Examine business solutions

2.1 Analyse and document business and technical impacts and risks.

2.2 Analyse community, environmental and human resource impacts.

2.3 Canvas for alternative solutions and their financial implications and discuss with senior management and business case originator.

3. Construct a business case

3.1 Develop options and determine and document impacts, risks, costs and stakeholders.

3.2 Make and justify recommendations.

4. Finalise a business case

4.1 Present business case and explain recommendations.

4.2 Obtain approvals and management endorsement.

Evidence required to demonstrate competence must satisfy all of the requirements of the elements and performance criteria. If not otherwise specified the candidate must demonstrate evidence of performance of the following on at least one occasion.

managing resources

using language and style suited to written submissions

explaining complex ideas to different audiences

interpreting and explaining complex, formal documents

preparing written advice and reports requiring reasoning and precision of expression

engaging in discussion using exchange of complex oral information

Evidence required to demonstrate competence must satisfy all of the requirements of the elements and performance criteria. If not otherwise specified the depth of knowledge demonstrated must be appropriate to the job context of the candidate.

government and organisational goals, policies and practices

legal requirements related to the business activity

financial and accounting issues relating to developing a business case

wholeoflife considerations

approval processes

aspects of trade practices law, commercial law and law of contract relating to the development of business cases

jurisdictional legislation that applies to business case development, including work health and safety and environmental requirements

This unit contains no specific industry-mandated assessment conditions. Guidance on suggested and recommended conditions and methods can be found in the Implementation Guide.

Assessors must satisfy the NVR/AQTF mandatory competency requirements for assessors.

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
Identify and confirm business problem. 
Analyse key stakeholder requirements to clarify objectives. 
Consider a range of factors to identify opportunities and constraints. 
Conduct market analysis. 
Analyse and document business and technical impacts and risks. 
Analyse community, environmental and human resource impacts. 
Canvas for alternative solutions and their financial implications and discuss with senior management and business case originator. 
Develop options and determine and document impacts, risks, costs and stakeholders. 
Make and justify recommendations. 
Present business case and explain recommendations. 
Obtain approvals and management endorsement. 
Identify and confirm business problem. 
Analyse key stakeholder requirements to clarify objectives. 
Consider a range of factors to identify opportunities and constraints. 
Conduct market analysis. 
Analyse and document business and technical impacts and risks. 
Analyse community, environmental and human resource impacts. 
Canvas for alternative solutions and their financial implications and discuss with senior management and business case originator. 
Develop options and determine and document impacts, risks, costs and stakeholders. 
Make and justify recommendations. 
Present business case and explain recommendations. 
Obtain approvals and management endorsement. 

Forms

Assessment Cover Sheet

PSPMGT006 - Develop a business case
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

PSPMGT006 - Develop a business case

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: