NTISthis.com

Evidence Guide: AMPMGT806 - Commercialise research and technology product or idea

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

AMPMGT806 - Commercialise research and technology product or idea

What evidence can you provide to prove your understanding of each of the following citeria?

Investigate commercialisation options

  1. Describe product/innovation to be commercialised
  2. Analyse innovation alignment against organisation's innovation objectives
  3. Research, analyse and test market opportunities
  4. Investigate optimum business structure and funding options
Describe product/innovation to be commercialised

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Analyse innovation alignment against organisation's innovation objectives

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Research, analyse and test market opportunities

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Investigate optimum business structure and funding options

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Develop commercialisation proposal

  1. Determine resourcing requirements
  2. Develop marketing plan
  3. Determine supply chain strategy
  4. Determine strategies for managing Intellectual Property (IP)
  5. Determine environmental sustainability of proposed product/idea
  6. Develop risk mitigation plan
  7. Negotiate proposal modifications with key stakeholders
Determine resourcing requirements

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Develop marketing plan

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine supply chain strategy

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine strategies for managing Intellectual Property (IP)

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine environmental sustainability of proposed product/idea

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Develop risk mitigation plan

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Negotiate proposal modifications with key stakeholders

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Prepare for implementation

  1. Develop project implementation plan
  2. Determine monitoring process
  3. Establish and develop required business processes
  4. Assemble project team
Develop project implementation plan

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine monitoring process

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish and develop required business processes

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assemble project team

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Investigate commercialisation options

  1. Describe product/innovation to be commercialised
  2. Analyse innovation alignment against organisation's innovation objectives
  3. Research, analyse and test market opportunities
  4. Investigate optimum business structure and funding options
Describe product/innovation to be commercialised

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Analyse innovation alignment against organisation's innovation objectives

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Research, analyse and test market opportunities

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Investigate optimum business structure and funding options

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Develop commercialisation proposal

  1. Determine resourcing requirements
  2. Develop marketing plan
  3. Determine supply chain strategy
  4. Determine strategies for managing Intellectual Property (IP)
  5. Determine environmental sustainability of proposed product/idea
  6. Develop risk mitigation plan
  7. Negotiate proposal modifications with key stakeholders
Determine resourcing requirements

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Develop marketing plan

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine supply chain strategy

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine strategies for managing Intellectual Property (IP)

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine environmental sustainability of proposed product/idea

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Develop risk mitigation plan

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Negotiate proposal modifications with key stakeholders

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Prepare for implementation

  1. Develop project implementation plan
  2. Determine monitoring process
  3. Establish and develop required business processes
  4. Assemble project team
Develop project implementation plan

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine monitoring process

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish and develop required business processes

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assemble project team

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

Element

Performance criteria

Elements describe the essential outcomes.

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

1. Investigate commercialisation options

1.1 Describe product/innovation to be commercialised

1.2 Analyse innovation alignment against organisation's innovation objectives

1.3 Research, analyse and test market opportunities

1.4 Investigate optimum business structure and funding options

2. Develop commercialisation proposal

2.1 Determine resourcing requirements

2.2 Develop marketing plan

2.3 Determine supply chain strategy

2.4 Determine strategies for managing Intellectual Property (IP)

2.5 Determine environmental sustainability of proposed product/idea

2.6 Develop risk mitigation plan

2.7 Negotiate proposal modifications with key stakeholders

3. Prepare for implementation

3.1 Develop project implementation plan

3.2 Determine monitoring process

3.3 Establish and develop required business processes

3.4 Assemble project team

Required Skills and Knowledge

Element

Performance criteria

Elements describe the essential outcomes.

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

1. Investigate commercialisation options

1.1 Describe product/innovation to be commercialised

1.2 Analyse innovation alignment against organisation's innovation objectives

1.3 Research, analyse and test market opportunities

1.4 Investigate optimum business structure and funding options

2. Develop commercialisation proposal

2.1 Determine resourcing requirements

2.2 Develop marketing plan

2.3 Determine supply chain strategy

2.4 Determine strategies for managing Intellectual Property (IP)

2.5 Determine environmental sustainability of proposed product/idea

2.6 Develop risk mitigation plan

2.7 Negotiate proposal modifications with key stakeholders

3. Prepare for implementation

3.1 Develop project implementation plan

3.2 Determine monitoring process

3.3 Establish and develop required business processes

3.4 Assemble project team

Candidates must undertake the fundamentals of product/idea commercialisation from conception to launch to full production.

Candidates must demonstrate ability to:

analyse market trends

budget, including forecasting, capacity and asset analysis, setting targets and compliance mechanisms

negotiate licensing IP (in and out), contractual supply chain arrangement and partnerships

use communication skills to:

maintain appropriate relationships with colleagues and others

value and be open to the opinions of others

work as part of a team

model collaborative communication and learning

use active listening and negotiation skills

present and negotiate proposals

seek opinions and feedback from a range of stakeholders

develop plain English texts desling with complex ideas and concepts

generate and evaluate ideas by analysing information and concepts at an abstract level

provide strategic leadership during change and negotiation processes

use problem-solving, initiative and enterprise skills to:

direct, motivate, consult and delegate appropriately

collect, analyse and interpret data using a range of methods

shape strategic thinking and inspire others with a shared vision

work with teams with diverse emotional intelligence and cognitive ability

provide leadership in workplace health and safety practice, ethical standards and legislative requirements

review own personal and professional competence against personal development objectives

support and use participative arrangements aimed at establishing trust

to develop, negotiate and structure an agreed commercialisation strategy

to apply leadership style and approach appropriate to individuals involved, outcomes being sought and contextual factors

Candidates must demonstrate specialised and integrated technical and theoretical knowledge of:

relevant legislation

business strategies and legal requirements underpinning trademarks, copyright and patents

legal requirements underpinning partnership arrangements, contracts and taxation

commercial environmental analysis techniques, including Strengths, Weaknesses, Opportunities, Threats (SWOT)/TOWS

market testing strategies and techniques

strategies for analysing and assessing the upstream and downstream implications of an innovation

risk assessment strategies and techniques

team selection, management and support strategies

environmental sustainability principles

Range Statement