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Evidence Guide: FNSCUS513 - Review business performance

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

 

FNSCUS513 - Review business performance

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

Establish system to review business performance

  1. Determine service parameters and performance targets in consultation with required stakeholders and according to organisational procedures
  2. Establish business performance measures that provide accurate and accessible information on business provision
  3. Establish accurate, secure and reliable data-recording facilities according to organisational procedures
Determine service parameters and performance targets in consultation with required stakeholders and according to organisational procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish business performance measures that provide accurate and accessible information on business provision

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish accurate, secure and reliable data-recording facilities according to organisational procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Analyse business performance data

  1. Obtain and record business performance data at regular intervals according to organisational procedures
  2. Collate data against determined business performance targets
  3. Analyse data and establish whether business performance targets have been achieved
  4. Document variations in business performance against performance targets according to organisational procedures
Obtain and record business performance data at regular intervals according to organisational procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Collate data against determined business performance targets

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Analyse data and establish whether business performance targets have been achieved

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Document variations in business performance against performance targets according to organisational procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine action required

  1. Assess variations in performance and determine degree of change required to improve business performance
  2. Implement procedures to address required changes
  3. Determine effectiveness of changes
Assess variations in performance and determine degree of change required to improve business performance

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Implement procedures to address required changes

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine effectiveness of changes

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Required Skills and Knowledge

The candidate must demonstrate the ability to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including evidence of the ability to:

review the performance of a business or business unit against at least three different business performance targets, at least one of which must be efficiency related and at least one quality related.

The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of:

key features of organisational policies and procedures and industry compliance requirements relating to collecting and analysing data and conducting a business performance review

role of performance measures, targets and budgets in analysing business performance

common business performance targets or key performance indicators (KPIs), and their impact on business performance

managerial techniques to review and analyse their own work and the work of others to determine required actions.

market position of the business or business unit described in the performance evidence relative to its competitors.