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?
Clarify the financial scope of the project
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Identify what the proposal to be financed involves and determine the scope and funding needs of the project Completed |
Evidence:
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Determine the stage of the project at which finance is to be sought Completed |
Evidence:
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Determine the level of funding required and identify the optimum funding arrangements Completed |
Evidence:
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Identify sources of finance
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Research possible sources of finance Completed |
Evidence:
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Find out how the proposal should be structured to attract the funding from a particular source Completed |
Evidence:
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Determine which sources of funding apply to the type of project proposed and decide which funding source to approach Completed |
Evidence:
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Develop the proposal
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Decide on the approach to take in the submission and collect material to support the proposal Completed |
Evidence:
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Prepare proposal to include: Completed |
Evidence:
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overview of the project and objectives |
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Completed |
Evidence:
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the purpose and amount of finance required |
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Completed |
Evidence:
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the proposed structure of the project operation |
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Completed |
Evidence:
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the operational and marketing plan |
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Completed |
Evidence:
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projected financial performance |
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Completed |
Evidence:
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management and creative experience involved |
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Completed |
Evidence:
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level of risk involved |
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Completed |
Evidence:
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other appropriate sections depending on the needs of the particular project
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Develop the proposal in best form to attract funding from the chosen source Completed |
Evidence:
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Include estimates of costs and benefits supported by valid and relevant information Completed |
Evidence:
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Define the structure of the funding plan and the proposed interest of the various parties Completed |
Evidence:
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Obtain legal advice
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Seek legal advice on all aspects of the proposal such as tax structure, rights and responsibilities and incorporate the advice into the funding proposal Completed |
Evidence:
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Submit the final proposal for advice on compliance with legal, tax and regulatory requirements and get final agreement checked by the lawyers to ensure that it meets the requirements Completed |
Evidence:
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Present the proposal to funding body or prospective investors
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Make an effective presentation to the funding body or prospective investors using appropriate communication techniques, to explain the details of the proposal emphasising the creative possibilities and the benefits of the project Completed |
Evidence:
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Evaluate the presentation to identify strengths and weaknesses to inform subsequent presentations Completed |
Evidence:
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Negotiate terms and conditions of investment
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Conduct negotiations with representatives of the funding body or prospective investors to determine terms and conditions of the grant/investment Completed |
Evidence:
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Conduct meetings to discuss financial proposals in a professional and businesslike manner Completed |
Evidence:
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Finalise formal agreement
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Finalise agreement including accurate information on rights and responsibilities of all parties to the funding agreement and document agreement Completed |
Evidence:
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Circulate documents detailing funding agreement and terms and conditions of the agreement to all stakeholders as quickly as possible. Completed |
Evidence:
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Determine reporting and review process required and set up processes for monitoring compliance with the agreement Completed |
Evidence:
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Include consultation with the legal adviser in the finalisation of the agreement Completed |
Evidence:
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