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Evidence Guide: BSBSMB304A - Determine resource requirements for the micro 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

 

BSBSMB304A - Determine resource requirements for the micro business

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

Identify the resources needed in the business

  1. Use the business profile to determine the types of resources that may be required in the business
  2. Gather information regarding resource requirements, from appropriate sources
  3. Determine resource quantities in accordance with business activity levels and financial position
Use the business profile to determine the types of resources that may be required in the business

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Gather information regarding resource requirements, from appropriate sources

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine resource quantities in accordance with business activity levels and financial position

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Select appropriate sources for resources required in the business

  1. Investigate different options for acquiring resources needed in the business in terms of business profile and stakeholder needs
  2. Determine reliability, risks and costs associated with these options in line with business projections
  3. Determine ease of access to sources of service and support
  4. Select suitable options as investigated
  5. Establish relationships with suppliers and other key people
Investigate different options for acquiring resources needed in the business in terms of business profile and stakeholder needs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine reliability, risks and costs associated with these options in line with business projections

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine ease of access to sources of service and support

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Select suitable options as investigated

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish relationships with suppliers and other key people

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Prepare for the use of resources in the business

  1. Design procedures and systems to allow for the effective and efficient introduction, use and maintenance of resources
  2. Negotiate and review arrangements for supply of resources to ensure the business profile is met
  3. Design procedures for monitoring the use of resources
  4. Develop procedures for the maintenance, support, repair and replacement of business machinery, equipment and software
Design procedures and systems to allow for the effective and efficient introduction, use and maintenance of resources

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Negotiate and review arrangements for supply of resources to ensure the business profile is met

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Design procedures for monitoring the use of resources

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Develop procedures for the maintenance, support, repair and replacement of business machinery, equipment and software

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

The Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.

Overview of assessment

Critical aspects for assessment and evidence required to demonstrate competency in this unit

Evidence of the following is essential:

knowledge of types of resources required by the business

determining appropriate resource levels in line with business profile and desired profit

selecting options for resource acquisition suited to the business and financial position

developing procedures and systems to allow for the efficient and effective installation, use and maintenance of resources.

Context of and specific resources for assessment

Assessment must ensure:

access to relevant documentation

candidate's individual circumstances and work in the context of establishing or running a micro business, are the basis for assessment.

Method of assessment

A range of assessment methods should be used to assess practical skills and knowledge. The following examples are appropriate for this unit:

oral or audio-visual presentation of a case study requiring the candidate to determine resources needed to operate a specific micro business in a field and location relevant to the candidate

portfolio of evidence including identified and required resources, and options for their acquisition

oral or written questioning to assess knowledge of relevant legislation from all levels of government that affects small business operation

review of resource quantities determined

review of procedures developed for the maintenance, support, repair and replacement of business machinery, equipment and software.

Guidance information for assessment

Holistic assessment with other units relevant to the industry sector, workplace and job role is recommended, for example:

BSBSMB302A Develop a micro business proposal

BSBSMB303A Organise finances for the micro business

BSBSMB306A Plan a home-based business.

Required Skills and Knowledge

Required skills

communication skills to negotiate contracts; to make initial and to maintain ongoing, contact with suppliers; to explain processes/procedures to contractors or employees (where relevant)

literacy skills to produce simple instructions for a particular routine task

numeracy skills to calculate resource/equipment expenditure

research skills to investigate the resources needed for the business and options for acquiring them

technology skills to select and use technology appropriate to a task.

Required knowledge

commonwealth, state/territory and local government legislative requirements relating to business operation, especially in regard to occupational health and safety (OHS) and environmental issues, equal employment opportunity, industrial relations and anti discrimination

functions of a range of business equipment and machinery (including information technology/communications systems and software)

organisation's business profile and structure

procedures and systems for the use of and routine maintenance of resources

types of resources that would be required as per the business profile.

Range Statement

The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.

Types of resources may include:

consumables

equipment

facilities

human resources

machinery

materials

software

vehicles

Information regarding resource requirements includes:

costs

delivery

set up

Options for acquiring resources may include:

hiring

leasing

outsourcing

purchasing

Procedures and systems may include:

budgeting limits and approval process

delivery and receipt of stock and materials

developing and monitoring resource contracts

installation and support for IT/communications equipment and software

installation of machinery and equipment

maintenance and repair of machinery and equipment

ordering of stock and materials

recruitment, induction and supervision of personnel (employees or contractors)

storage of stock and materials