NTISthis.com

Evidence Guide: CHCSOH011 - Develop social housing enterprise opportunities

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

 

CHCSOH011 - Develop social housing enterprise opportunities

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

Elements define the essential outcomes

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Identify resources for new business

  1. Investigate and identify business opportunities
  2. Undertake feasibility study to determine likely business viability
  3. Assess practicability of business opportunity in line with risks, returns sought and resources available
Investigate and identify business opportunities

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Undertake feasibility study to determine likely business viability

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Assess practicability of business opportunity in line with risks, returns sought and resources available

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Undertake a risk management analysis for new business opportunities

  1. Assess risks associated with new business and take steps to maximise outcomes
  2. Involve stakeholders in risk management
Assess risks associated with new business and take steps to maximise outcomes

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Involve stakeholders in risk management

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Develop business ideas and options

  1. Identify, assess and calculate financial costs and resource requirements and prepare budget
  2. Develop business timeframe
  3. Implement appropriate structures to oversee new business as relevant
  4. Establish, monitor and review policies and procedures to manage the use of staff, equipment and other physical assets, on a regular basis
Identify, assess and calculate financial costs and resource requirements and prepare budget

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Develop business timeframe

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Implement appropriate structures to oversee new business as relevant

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Establish, monitor and review policies and procedures to manage the use of staff, equipment and other physical assets, on a regular basis

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Implement new business strategies

  1. Communicate new business strategies to relevant stakeholders
  2. Clearly communicate roles and responsibilities of all parties
  3. Implement the new business in line with all relevant guidelines, legal and taxation requirements
  4. Maintain and keep required records to ensure organisation and statutory requirements are met
  5. Develop and sign contracts where appropriate
  6. Establish regular feedback mechanisms
Communicate new business strategies to relevant stakeholders

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Clearly communicate roles and responsibilities of all parties

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Implement the new business in line with all relevant guidelines, legal and taxation requirements

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Maintain and keep required records to ensure organisation and statutory requirements are met

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Develop and sign contracts where appropriate

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Establish regular feedback mechanisms

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Evaluate new business opportunities

  1. 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
  2. Gather and use evaluation information for business revision, ongoing development and implementation
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
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Gather and use evaluation information for business revision, ongoing development and implementation

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

ELEMENT

PERFORMANCE CRITERIA

Elements define the essential outcomes

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Identify resources for new business

1.1 Investigate and identify business opportunities

1.2 Undertake feasibility study to determine likely business viability

1.3 Assess practicability of business opportunity in line with risks, returns sought and resources available

2. Undertake a risk management analysis for new business opportunities

2.1 Assess risks associated with new business and take steps to maximise outcomes

2.2 Involve stakeholders in risk management

3. Develop business ideas and options

3.1 Identify, assess and calculate financial costs and resource requirements and prepare budget

3.2 Develop business timeframe

3.3 Implement appropriate structures to oversee new business as relevant

3.4 Establish, monitor and review policies and procedures to manage the use of staff, equipment and other physical assets, on a regular basis

4. Implement new business strategies

4.1 Communicate new business strategies to relevant stakeholders

4.2 Clearly communicate roles and responsibilities of all parties

4.3 Implement the new business in line with all relevant guidelines, legal and taxation requirements

4.4 Maintain and keep required records to ensure organisation and statutory requirements are met

4.5 Develop and sign contracts where appropriate

4.6 Establish regular feedback mechanisms

5. Evaluate new business opportunities

5.1 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

5.2 Gather and use evaluation information for business revision, ongoing development and implementation

Required Skills and Knowledge

ELEMENT

PERFORMANCE CRITERIA

Elements define the essential outcomes

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Identify resources for new business

1.1 Investigate and identify business opportunities

1.2 Undertake feasibility study to determine likely business viability

1.3 Assess practicability of business opportunity in line with risks, returns sought and resources available

2. Undertake a risk management analysis for new business opportunities

2.1 Assess risks associated with new business and take steps to maximise outcomes

2.2 Involve stakeholders in risk management

3. Develop business ideas and options

3.1 Identify, assess and calculate financial costs and resource requirements and prepare budget

3.2 Develop business timeframe

3.3 Implement appropriate structures to oversee new business as relevant

3.4 Establish, monitor and review policies and procedures to manage the use of staff, equipment and other physical assets, on a regular basis

4. Implement new business strategies

4.1 Communicate new business strategies to relevant stakeholders

4.2 Clearly communicate roles and responsibilities of all parties

4.3 Implement the new business in line with all relevant guidelines, legal and taxation requirements

4.4 Maintain and keep required records to ensure organisation and statutory requirements are met

4.5 Develop and sign contracts where appropriate

4.6 Establish regular feedback mechanisms

5. Evaluate new business opportunities

5.1 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

5.2 Gather and use evaluation information for business revision, ongoing development and implementation