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Evidence Guide: CHCSOH022 - 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

 

CHCSOH022 - Develop social housing enterprise opportunities

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

Identify resources for new business.

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

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Undertake feasibility study to determine viability of new business.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

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

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Undertake risk management analysis for new business opportunities.

  1. Identify risks associated with new business.
  2. Analyse and evaluate risks and their potential impacts on the business.
  3. Identify ways to control or eliminate risks and maximise outcomes.
  4. Involve stakeholders in risk management.
Identify risks associated with new business.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Analyse and evaluate risks and their potential impacts on the business.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify ways to control or eliminate risks and maximise outcomes.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Involve stakeholders in risk management.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Develop strategies for business operations.

  1. Identify, assess and calculate financial costs and resource requirements and prepare budget.
  2. Determine business timeframe.
  3. Develop structures to oversee new business.
  4. Establish, monitor and review organisational 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:

 

 

 

 

 

 

 

Determine business timeframe.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Develop structures to oversee new business.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish, monitor and review organisational 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 stakeholders.
  2. Communicate roles and responsibilities of parties.
  3. Implement new business structures and strategies in line with statutory guidelines, and legal and taxation requirements.
  4. Maintain records to ensure organisational and statutory requirements are met.
  5. Develop and sign contracts to formalise business arrangements and relationships.
  6. Establish regular feedback mechanisms.
Communicate new business strategies to stakeholders.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Communicate roles and responsibilities of parties.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Implement new business structures and strategies in line with statutory guidelines, and legal and taxation requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Maintain records to ensure organisational and statutory requirements are met.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Develop and sign contracts to formalise business arrangements and relationships.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish regular feedback mechanisms.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Evaluate new business opportunities.

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

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

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:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Required Skills and Knowledge