Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
SITXMGT004A Mapping and Delivery Guide
Develop and implement a business plan
Version 1.0
Issue Date: March 2024
Qualification | - |
Unit of Competency | SITXMGT004A - Develop and implement a business plan |
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Description | This unit describes the performance outcomes, skills and knowledge required to develop and monitor a business plan that incorporates a range of subsidiary plans or strategies. | ||
Employability Skills | The required outcomes described in this unit of competency contain applicable facets of employability skills. The Employability Skills Summary of the qualification in which this unit is packaged will assist in identifying employability skills requirements. | ||
Learning Outcomes and Application | This unit applies to small business owners and managers or senior managers within larger organisations. Business plans are varied in nature and may be for a new small business venture, an existing small business, a division or department of a large organisation or a new product development initiative. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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Prerequisites/co-requisites | Nil | ||
Competency Field | Management and Leadership |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Analyse the internal and external business environment. |
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Element: Formulate business plans and strategies. |
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Element: Implement the business plan. |
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Element: Monitor the business plan. |
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