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?
Plan for a budget
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Confirm the scope and nature of the activity for which budget is being developed with relevant personnel, including any guidelines or directives for budget development Completed |
Evidence:
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Correctly identify, access and analyse data required for budget preparation Completed |
Evidence:
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Analyse internal and external environmental factors to identify potential impacts on budget Completed |
Evidence:
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Determine budget parameters with estimates, based on research, consultation and negotiation with the appropriate personnel and organisation/project objectives Completed |
Evidence:
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Provide relevant colleagues with the opportunity to contribute to the budget planning process Completed |
Evidence:
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Develop and prepare budget
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Draft budget based on analysis of all available information and in accordance with organisational policy Completed |
Evidence:
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Clearly identify and support income and expenditure estimates with valid, reliable and relevant information Completed |
Evidence:
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Assess and present options when appropriate Completed |
Evidence:
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Present recommendations clearly, concisely and in an appropriate format Completed |
Evidence:
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Circulate draft budget to the appropriate personnel for comment at the appropriate time Completed |
Evidence:
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Agree and incorporate modifications accurately and in consultation with colleagues Completed |
Evidence:
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Negotiate final budget in accordance with organisational procedures and policies Completed |
Evidence:
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Complete the final budget in required format within an agreed timeframe Completed |
Evidence:
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Inform relevant personnel of the budget and its application within the relevant area of work, including reporting and financial management responsibilities Completed |
Evidence:
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