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Evidence Guide: BSBLIB501 - Manage lending and borrowing processes for collections

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

 

BSBLIB501 - Manage lending and borrowing processes for collections

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

Review procedures for lending and borrowing collection material

  1. Confirm conditions and criteria for lending and borrowing collection material
  2. Determine limits of responsibility in relation to lending and borrowing collection material
  3. Verify lending and borrowing procedures with relevant stakeholders
Confirm conditions and criteria for lending and borrowing collection material

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine limits of responsibility in relation to lending and borrowing collection material

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Verify lending and borrowing procedures with relevant stakeholders

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Negotiate lending and borrowing of collection material

  1. Conduct negotiations with lenders and borrowers according to procedures and in a manner that maintains goodwill between individuals and relevant organisations
  2. Confirm loan or borrowing conditions and costs, and assess whether these can be met
  3. Assess risks for the organisation associated with lending or borrowing transactions and take steps to address them
  4. Complete and review written agreements ensuring consistency in negotiations and procedures
  5. Arrange for execution of written agreements by relevant parties
  6. Complete organisational records consistent with procedures
Conduct negotiations with lenders and borrowers according to procedures and in a manner that maintains goodwill between individuals and relevant organisations

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Confirm loan or borrowing conditions and costs, and assess whether these can be met

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assess risks for the organisation associated with lending or borrowing transactions and take steps to address them

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Complete and review written agreements ensuring consistency in negotiations and procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Arrange for execution of written agreements by relevant parties

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Complete organisational records consistent with procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Manage operations

  1. Instigate operational arrangements for lending and borrowing to proceed
  2. Monitor operations to ensure lending and borrowing of collection material proceeds according to plan
  3. Review lending and borrowing procedures on a regular basis and take steps to improve own performance as required
Instigate operational arrangements for lending and borrowing to proceed

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Monitor operations to ensure lending and borrowing of collection material proceeds according to plan

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Review lending and borrowing procedures on a regular basis and take steps to improve own performance as required

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 Review procedures for lending and borrowing collection material

1.1 Confirm conditions and criteria for lending and borrowing collection material

1.2 Determine limits of responsibility in relation to lending and borrowing collection material

1.3 Verify lending and borrowing procedures with relevant stakeholders

2 Negotiate lending and borrowing of collection material

2.1 Conduct negotiations with lenders and borrowers according to procedures and in a manner that maintains goodwill between individuals and relevant organisations

2.2 Confirm loan or borrowing conditions and costs, and assess whether these can be met

2.3 Assess risks for the organisation associated with lending or borrowing transactions and take steps to address them

2.4 Complete and review written agreements ensuring consistency in negotiations and procedures

2.5 Arrange for execution of written agreements by relevant parties

2.6 Complete organisational records consistent with procedures

3 Manage operations

3.1 Instigate operational arrangements for lending and borrowing to proceed

3.2 Monitor operations to ensure lending and borrowing of collection material proceeds according to plan

3.3 Review lending and borrowing procedures on a regular basis and take steps to improve own performance as required

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 Review procedures for lending and borrowing collection material

1.1 Confirm conditions and criteria for lending and borrowing collection material

1.2 Determine limits of responsibility in relation to lending and borrowing collection material

1.3 Verify lending and borrowing procedures with relevant stakeholders

2 Negotiate lending and borrowing of collection material

2.1 Conduct negotiations with lenders and borrowers according to procedures and in a manner that maintains goodwill between individuals and relevant organisations

2.2 Confirm loan or borrowing conditions and costs, and assess whether these can be met

2.3 Assess risks for the organisation associated with lending or borrowing transactions and take steps to address them

2.4 Complete and review written agreements ensuring consistency in negotiations and procedures

2.5 Arrange for execution of written agreements by relevant parties

2.6 Complete organisational records consistent with procedures

3 Manage operations

3.1 Instigate operational arrangements for lending and borrowing to proceed

3.2 Monitor operations to ensure lending and borrowing of collection material proceeds according to plan

3.3 Review lending and borrowing procedures on a regular basis and take steps to improve own performance as required

Evidence of the ability to:

review procedures for lending and borrowing collection material

implement lending and borrowing procedures for collection material

work cooperatively with others involved in lending and borrowing collection material.

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:

identify and explain common procedures and practices for lending and borrowing collection material, both for specific items and whole collections

describe legal, ethical and financial requirements for lending and borrowing collection material

locate and interpret cultural protocols for lending and borrowing collection material, including those associated with Aboriginal or Torres Strait Islander cultural material

identify and explain purpose of subject matter expertise relevant to the work context

identify potential sources for lending and borrowing collection material in a given work context

list commonly required resources for lending and borrowing collection material

explain security and protection issues impacting lending or borrowing

describe intellectual property rights of stakeholders, including donors and recipients.