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Evidence Guide: BSBIPR501 - Manage intellectual property to protect and grow business

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

 

BSBIPR501 - Manage intellectual property to protect and grow business

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

Identify the organisation’s intellectual property assets and rights

  1. Identify the intangible assets residing within the organisation and how they can be protected
  2. Identify the sections of the organisation in which intellectual property is created, procured or transferred and for which management is required
  3. Research intellectual property rights appropriate to the organisation according to legislative requirements
  4. Identify and access sources of information and advice for protection of the organisation’s intellectual property
  5. Conduct a cost-benefit analysis of protecting intellectual property and determine risks
  6. Identify and use appropriate intellectual property professionals to initiate processes to protect intellectual property, according to the type of intellectual property protection required
Identify the intangible assets residing within the organisation and how they can be protected

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify the sections of the organisation in which intellectual property is created, procured or transferred and for which management is required

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Research intellectual property rights appropriate to the organisation according to legislative requirements

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify and access sources of information and advice for protection of the organisation’s intellectual property

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Conduct a cost-benefit analysis of protecting intellectual property and determine risks

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify and use appropriate intellectual property professionals to initiate processes to protect intellectual property, according to the type of intellectual property protection required

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Create a strategy to manage the organisation’s intellectual property

  1. Review or create an organisational strategy and review or develop policies and procedures for protection, management and use of intellectual property as part of the organisation’s business strategy
  2. Plan and implement an intellectual property audit and establish or review the value and use of the organisation’s intangible assets inventory
  3. Plan and make recommendations for implementation of a strategy for business growth through use of organisation’s intellectual property
  4. Plan and implement strategies to ensure employees, partners and contractors protect the organisation’s and others’ intangible assets
  5. Establish or review procedures to securely record and store documentation related to the organisation’s intangible assets
Review or create an organisational strategy and review or develop policies and procedures for protection, management and use of intellectual property as part of the organisation’s business strategy

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Plan and implement an intellectual property audit and establish or review the value and use of the organisation’s intangible assets inventory

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Plan and make recommendations for implementation of a strategy for business growth through use of organisation’s intellectual property

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Plan and implement strategies to ensure employees, partners and contractors protect the organisation’s and others’ intangible assets

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish or review procedures to securely record and store documentation related to the organisation’s intangible assets

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Monitor and maintain organisational strategies for the protection and use of intellectual property

  1. Regularly monitor and review strategies, policies and procedures for the identification, protection and use of intellectual property to ensure they are working effectively and make changes if required
  2. Manage the identification of potential infringement of organisation’s intellectual property rights and ensure appropriate action is taken
  3. Promote a culture of compliance and respect for the intellectual property rights other organisations and individuals
Regularly monitor and review strategies, policies and procedures for the identification, protection and use of intellectual property to ensure they are working effectively and make changes if required

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Manage the identification of potential infringement of organisation’s intellectual property rights and ensure appropriate action is taken

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Promote a culture of compliance and respect for the intellectual property rights other organisations and individuals

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Manage the commercialisation of the organisation’s intellectual property to ensure business growth

  1. Research the role intellectual property will play in the strategic plans of the organisation
  2. Contribute to the implementation of the commercialisation of the organisation’s intellectual property
  3. Manage the review of the activities of existing or potential competitors and assess their impact on the organisation’s intangible assets
  4. Access and effectively use others’ intellectual property within legal guidelines for business advantage
Research the role intellectual property will play in the strategic plans of the organisation

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Contribute to the implementation of the commercialisation of the organisation’s intellectual property

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Manage the review of the activities of existing or potential competitors and assess their impact on the organisation’s intangible assets

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Access and effectively use others’ intellectual property within legal guidelines for business advantage

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify the organisation’s intellectual property assets and rights

  1. Identify the intangible assets residing within the organisation and how they can be protected
  2. Identify the sections of the organisation in which intellectual property is created, procured or transferred and for which management is required
  3. Research intellectual property rights appropriate to the organisation according to legislative requirements
  4. Identify and access sources of information and advice for protection of the organisation’s intellectual property
  5. Conduct a cost-benefit analysis of protecting intellectual property and determine risks
  6. Identify and use appropriate intellectual property professionals to initiate processes to protect intellectual property, according to the type of intellectual property protection required
Identify the intangible assets residing within the organisation and how they can be protected

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify the sections of the organisation in which intellectual property is created, procured or transferred and for which management is required

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Research intellectual property rights appropriate to the organisation according to legislative requirements

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify and access sources of information and advice for protection of the organisation’s intellectual property

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Conduct a cost-benefit analysis of protecting intellectual property and determine risks

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify and use appropriate intellectual property professionals to initiate processes to protect intellectual property, according to the type of intellectual property protection required

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Create a strategy to manage the organisation’s intellectual property

  1. Review or create an organisational strategy and review or develop policies and procedures for protection, management and use of intellectual property as part of the organisation’s business strategy
  2. Plan and implement an intellectual property audit and establish or review the value and use of the organisation’s intangible assets inventory
  3. Plan and make recommendations for implementation of a strategy for business growth through use of organisation’s intellectual property
  4. Plan and implement strategies to ensure employees, partners and contractors protect the organisation’s and others’ intangible assets
  5. Establish or review procedures to securely record and store documentation related to the organisation’s intangible assets
Review or create an organisational strategy and review or develop policies and procedures for protection, management and use of intellectual property as part of the organisation’s business strategy

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Plan and implement an intellectual property audit and establish or review the value and use of the organisation’s intangible assets inventory

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Plan and make recommendations for implementation of a strategy for business growth through use of organisation’s intellectual property

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Plan and implement strategies to ensure employees, partners and contractors protect the organisation’s and others’ intangible assets

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish or review procedures to securely record and store documentation related to the organisation’s intangible assets

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Manage the commercialisation of the organisation’s intellectual property to ensure business growth

  1. Research the role intellectual property will play in the strategic plans of the organisation
  2. Contribute to the implementation of the commercialisation of the organisation’s intellectual property
  3. Manage the review of the activities of existing or potential competitors and assess their impact on the organisation’s intangible assets
  4. Access and effectively use others’ intellectual property within legal guidelines for business advantage
Research the role intellectual property will play in the strategic plans of the organisation

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Contribute to the implementation of the commercialisation of the organisation’s intellectual property

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Manage the review of the activities of existing or potential competitors and assess their impact on the organisation’s intangible assets

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Access and effectively use others’ intellectual property within legal guidelines for business advantage

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 Identify the organisation’s intellectual property assets and rights

1.1 Identify the intangible assets residing within the organisation and how they can be protected

1.2 Identify the sections of the organisation in which intellectual property is created, procured or transferred and for which management is required

1.3 Research intellectual property rights appropriate to the organisation according to legislative requirements

1.4 Identify and access sources of information and advice for protection of the organisation’s intellectual property

1.5 Conduct a cost-benefit analysis of protecting intellectual property and determine risks

1.6 Identify and use appropriate intellectual property professionals to initiate processes to protect intellectual property, according to the type of intellectual property protection required

2 Create a strategy to manage the organisation’s intellectual property

2.1 Review or create an organisational strategy and review or develop policies and procedures for protection, management and use of intellectual property as part of the organisation’s business strategy

2.2 Plan and implement an intellectual property audit and establish or review the value and use of the organisation’s intangible assets inventory

2.3 Plan and make recommendations for implementation of a strategy for business growth through use of organisation’s intellectual property

2.4 Plan and implement strategies to ensure employees, partners and contractors protect the organisation’s and others’ intangible assets

2.5 Establish or review procedures to securely record and store documentation related to the organisation’s intangible assets

3 Monitor and maintain organisational strategies for the protection and use of intellectual property

3.1 Regularly monitor and review strategies, policies and procedures for the identification, protection and use of intellectual property to ensure they are working effectively and make changes if required

3.2 Manage the identification of potential infringement of organisation’s intellectual property rights and ensure appropriate action is taken

3.3 Promote a culture of compliance and respect for the intellectual property rights other organisations and individuals

4 Manage the commercialisation of the organisation’s intellectual property to ensure business growth

4.1 Research the role intellectual property will play in the strategic plans of the organisation

4.2 Contribute to the implementation of the commercialisation of the organisation’s intellectual property

4.3 Manage the review of the activities of existing or potential competitors and assess their impact on the organisation’s intangible assets

4.4 Access and effectively use others’ intellectual property within legal guidelines for business advantage

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 Identify the organisation’s intellectual property assets and rights

1.1 Identify the intangible assets residing within the organisation and how they can be protected

1.2 Identify the sections of the organisation in which intellectual property is created, procured or transferred and for which management is required

1.3 Research intellectual property rights appropriate to the organisation according to legislative requirements

1.4 Identify and access sources of information and advice for protection of the organisation’s intellectual property

1.5 Conduct a cost-benefit analysis of protecting intellectual property and determine risks

1.6 Identify and use appropriate intellectual property professionals to initiate processes to protect intellectual property, according to the type of intellectual property protection required

2 Create a strategy to manage the organisation’s intellectual property

2.1 Review or create an organisational strategy and review or develop policies and procedures for protection, management and use of intellectual property as part of the organisation’s business strategy

2.2 Plan and implement an intellectual property audit and establish or review the value and use of the organisation’s intangible assets inventory

2.3 Plan and make recommendations for implementation of a strategy for business growth through use of organisation’s intellectual property

2.4 Plan and implement strategies to ensure employees, partners and contractors protect the organisation’s and others’ intangible assets

2.5 Establish or review procedures to securely record and store documentation related to the organisation’s intangible assets

3 Monitor and maintain organisational strategies for the protection and use of intellectual property

3.1 Regularly monitor and review strategies, policies and procedures for the identification, protection and use of intellectual property to ensure they are working effectively and make changes if required

3.2 Manage the identification of potential infringement of organisation’s intellectual property rights and ensure appropriate action is taken

3.3 Promote a culture of compliance and respect for the intellectual property rights other organisations and individuals

4 Manage the commercialisation of the organisation’s intellectual property to ensure business growth

4.1 Research the role intellectual property will play in the strategic plans of the organisation

4.2 Contribute to the implementation of the commercialisation of the organisation’s intellectual property

4.3 Manage the review of the activities of existing or potential competitors and assess their impact on the organisation’s intangible assets

4.4 Access and effectively use others’ intellectual property within legal guidelines for business advantage