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Evidence Guide: CHCMGT004 - Secure and manage funding

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

 

CHCMGT004 - Secure and manage funding

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

Elements define the essential outcomes

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Performance criteria specify the performance needed to demonstrate achievement of the element

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify funding requirements and context

  1. Identify scope and purpose of funding
  2. Calculate funding requirements, including budget, current funding arrangements and future projections
  3. Identify potential avenues and sources of funding
  4. Research and gather information on all potential funding avenues and sources
  5. Determine if funding requirements are feasible and sustainable
Identify scope and purpose of funding

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Calculate funding requirements, including budget, current funding arrangements and future projections

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify potential avenues and sources of funding

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Research and gather information on all potential funding avenues and sources

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine if funding requirements are feasible and sustainable

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Develop a funding submission

  2. Prepare funding submission in accordance with funding source requirements
  3. Determine optimum method of presenting proposal to identified funding sources
  4. Seek legal, taxation and regulatory advice when required and ensure submission is checked by appropriate persons to ensure it meets compliance requirements
  5. Establish how deliverables and outcomes will be evaluated and measured

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Prepare funding submission in accordance with funding source requirements

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine optimum method of presenting proposal to identified funding sources

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Seek legal, taxation and regulatory advice when required and ensure submission is checked by appropriate persons to ensure it meets compliance requirements

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish how deliverables and outcomes will be evaluated and measured

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Present proposal and negotiate with funding sources

  1. Present proposal to funding sources using appropriate presentation methods and techniques
  2. Negotiate with funding source representatives to clarify terms and conditions of funding agreement
  3. Evaluate submission to identify strengths and weaknesses to inform subsequent submissions
Present proposal to funding sources using appropriate presentation methods and techniques

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Negotiate with funding source representatives to clarify terms and conditions of funding agreement

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Evaluate submission to identify strengths and weaknesses to inform subsequent submissions

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Manage funding agreement

  1. Finalise funding agreement documentation and circulate to all parties
  2. Establish procedures to monitor ongoing compliance and reporting requirements in accordance with funding agreement
  3. Maintain ongoing relations with funding source to ensure mutual satisfaction with funding arrangement
Finalise funding agreement documentation and circulate to all parties

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish procedures to monitor ongoing compliance and reporting requirements in accordance with funding agreement

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Maintain ongoing relations with funding source to ensure mutual satisfaction with funding arrangement

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Evaluate funding agreement

  1. Evaluate project outcomes against predetermined measures
  2. Identify lessons learned and opportunities for continuous improvement
  3. Identify opportunities for future funding arrangements as appropriate
Evaluate project outcomes against predetermined measures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify lessons learned and opportunities for continuous improvement

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify opportunities for future funding arrangements as appropriate

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

ELEMENT

PERFORMANCE CRITERIA

Elements define the essential outcomes

Performance criteria specify the performance needed to demonstrate achievement of the element

1. Identify funding requirements and context

1.1 Identify scope and purpose of funding

1.2 Calculate funding requirements, including budget, current funding arrangements and future projections

1.3 Identify potential avenues and sources of funding

1.4 Research and gather information on all potential funding avenues and sources

1.5 Determine if funding requirements are feasible and sustainable

2. Develop a funding submission

2.1 Determine funding source requirements

2.2 Prepare funding submission in accordance with funding source requirements

2.3 Determine optimum method of presenting proposal to identified funding sources

2.4 Seek legal, taxation and regulatory advice when required and ensure submission is checked by appropriate persons to ensure it meets compliance requirements

2.5 Establish how deliverables and outcomes will be evaluated and measured

3. Present proposal and negotiate with funding sources

3.1 Present proposal to funding sources using appropriate presentation methods and techniques

3.2 Negotiate with funding source representatives to clarify terms and conditions of funding agreement

3.3 Evaluate submission to identify strengths and weaknesses to inform subsequent submissions

4.Manage funding agreement

4.1 Finalise funding agreement documentation and circulate to all parties

4.2 Establish procedures to monitor ongoing compliance and reporting requirements in accordance with funding agreement

4.3 Maintain ongoing relations with funding source to ensure mutual satisfaction with funding arrangement

5.Evaluate funding agreement

5.1 Evaluate project outcomes against predetermined measures

5.2 Identify lessons learned and opportunities for continuous improvement

5.3 Identify opportunities for future funding arrangements as appropriate

Required Skills and Knowledge

ELEMENT

PERFORMANCE CRITERIA

Elements define the essential outcomes

Performance criteria specify the performance needed to demonstrate achievement of the element

1. Identify funding requirements and context

1.1 Identify scope and purpose of funding

1.2 Calculate funding requirements, including budget, current funding arrangements and future projections

1.3 Identify potential avenues and sources of funding

1.4 Research and gather information on all potential funding avenues and sources

1.5 Determine if funding requirements are feasible and sustainable

2. Develop a funding submission

2.1 Determine funding source requirements

2.2 Prepare funding submission in accordance with funding source requirements

2.3 Determine optimum method of presenting proposal to identified funding sources

2.4 Seek legal, taxation and regulatory advice when required and ensure submission is checked by appropriate persons to ensure it meets compliance requirements

2.5 Establish how deliverables and outcomes will be evaluated and measured

3. Present proposal and negotiate with funding sources

3.1 Present proposal to funding sources using appropriate presentation methods and techniques

3.2 Negotiate with funding source representatives to clarify terms and conditions of funding agreement

3.3 Evaluate submission to identify strengths and weaknesses to inform subsequent submissions

4.Manage funding agreement

4.1 Finalise funding agreement documentation and circulate to all parties

4.2 Establish procedures to monitor ongoing compliance and reporting requirements in accordance with funding agreement

4.3 Maintain ongoing relations with funding source to ensure mutual satisfaction with funding arrangement

5.Evaluate funding agreement

5.1 Evaluate project outcomes against predetermined measures

5.2 Identify lessons learned and opportunities for continuous improvement

5.3 Identify opportunities for future funding arrangements as appropriate