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
What evidence can you provide to prove your understanding of each of the following citeria?
Elements define the essential outcomes |
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Completed |
Evidence:
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Identify resources for new business
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Investigate and identify business opportunities Completed |
Evidence:
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Undertake feasibility study to determine likely business viability Completed |
Evidence:
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Assess practicability of business opportunity in line with risks, returns sought and resources available Completed |
Evidence:
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Undertake a risk management analysis for new business opportunities
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Assess risks associated with new business and take steps to maximise outcomes Completed |
Evidence:
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Involve stakeholders in risk management Completed |
Evidence:
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Develop business ideas and options
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Identify, assess and calculate financial costs and resource requirements and prepare budget Completed |
Evidence:
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Develop business timeframe Completed |
Evidence:
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Implement appropriate structures to oversee new business as relevant Completed |
Evidence:
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Establish, monitor and review policies and procedures to manage the use of staff, equipment and other physical assets, on a regular basis Completed |
Evidence:
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Implement new business strategies
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Communicate new business strategies to relevant stakeholders Completed |
Evidence:
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Clearly communicate roles and responsibilities of all parties Completed |
Evidence:
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Implement the new business in line with all relevant guidelines, legal and taxation requirements Completed |
Evidence:
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Maintain and keep required records to ensure organisation and statutory requirements are met Completed |
Evidence:
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Develop and sign contracts where appropriate Completed |
Evidence:
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Establish regular feedback mechanisms Completed |
Evidence:
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Evaluate new business opportunities
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Ensure that evaluation strategy and related techniques devised to collect and analyse data, meet the needs of decision-makers, funding organisations, business partners and other stakeholders Completed |
Evidence:
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Gather and use evaluation information for business revision, ongoing development and implementation Completed |
Evidence:
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