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Evidence Guide: ICTICT803 - Endorse business plan components for a new initiative

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

 

ICTICT803 - Endorse business plan components for a new initiative

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

Endorse a marketing plan for ICT business

  1. Ensure that internal and external environmental issues are addressed
  2. Critically review the feasibility of target market projections
  3. Endorse the selection of advertising and promotional strategies
Ensure that internal and external environmental issues are addressed

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Critically review the feasibility of target market projections

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Endorse the selection of advertising and promotional strategies

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Endorse the operation plan

  1. Review and verify, the scope of the business operation plan
  2. Ensure that the business plan complies with business needs
  3. Endorse the criteria for quality processes against the organisational standards
Review and verify, the scope of the business operation plan

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Ensure that the business plan complies with business needs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Endorse the criteria for quality processes against the organisational standards

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Endorse the organisational plan

  1. Critically analyse and review the organisation’s structure
  2. Ensure that the organisational structure meets the organisation’s strategic plans and directions
Critically analyse and review the organisation’s structure

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Ensure that the organisational structure meets the organisation’s strategic plans and directions

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Endorse the financial plan

  1. Endorse the financial strategy for the new initiative
  2. Evaluate the expected cash-flow projections
  3. Critically analyse and evaluate the effects of financial decisions on the ability of the organisation to meet planned outcomes
  4. Ensure financial risk-management procedures are followed according to organisational requirements
  5. Ensure early detection and remedial action plans, for deviations in budget objectives and projections
Endorse the financial strategy for the new initiative

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Evaluate the expected cash-flow projections

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Critically analyse and evaluate the effects of financial decisions on the ability of the organisation to meet planned outcomes

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Ensure financial risk-management procedures are followed according to organisational requirements

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Ensure early detection and remedial action plans, for deviations in budget objectives and projections

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

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

1. Endorse a marketing plan for ICT business

1.1 Ensure that internal and external environmental issues are addressed

1.2 Critically review the feasibility of target market projections

1.3 Endorse the selection of advertising and promotional strategies

2. Endorse the operation plan

2.1 Review and verify, the scope of the business operation plan

2.2 Ensure that the business plan complies with business needs

2.3 Endorse the criteria for quality processes against the organisational standards

3. Endorse the organisational plan

3.1 Critically analyse and review the organisation’s structure

3.2 Ensure that the organisational structure meets the organisation’s strategic plans and directions

4. Endorse the financial plan

4.1 Endorse the financial strategy for the new initiative

4.2 Evaluate the expected cash-flow projections

4.3 Critically analyse and evaluate the effects of financial decisions on the ability of the organisation to meet planned outcomes

4.4 Ensure financial risk-management procedures are followed according to organisational requirements

4.5 Ensure early detection and remedial action plans, for deviations in budget objectives and projections

Required Skills and Knowledge

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

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

1. Endorse a marketing plan for ICT business

1.1 Ensure that internal and external environmental issues are addressed

1.2 Critically review the feasibility of target market projections

1.3 Endorse the selection of advertising and promotional strategies

2. Endorse the operation plan

2.1 Review and verify, the scope of the business operation plan

2.2 Ensure that the business plan complies with business needs

2.3 Endorse the criteria for quality processes against the organisational standards

3. Endorse the organisational plan

3.1 Critically analyse and review the organisation’s structure

3.2 Ensure that the organisational structure meets the organisation’s strategic plans and directions

4. Endorse the financial plan

4.1 Endorse the financial strategy for the new initiative

4.2 Evaluate the expected cash-flow projections

4.3 Critically analyse and evaluate the effects of financial decisions on the ability of the organisation to meet planned outcomes

4.4 Ensure financial risk-management procedures are followed according to organisational requirements

4.5 Ensure early detection and remedial action plans, for deviations in budget objectives and projections

Evidence of the ability to:

verify the strategy aligning information and communications technology (ICT) services with organisational goals

direct a critical risk analysis, including security, for ICT assets

verify that the risk assessment procedures are implemented

verify that the contingency plans for business continuity are established

evaluate the warning systems, and direct an ongoing process that includes regular or programmed reviews of the risk profile

verify that security products are being utilised

verify organisational security policy is being implemented

direct the development of a strategy to ensure that quality expectations are being met

endorse the main components of the business plan.

Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.

To complete the unit requirements safely and effectively, the individual must:

research and summarise, risk management principles and guidelines

review business continuity issues for the organisation

explore the organisation’s industry and current functionality, including the existing data and information systems

describe the organisation's internal and external dependencies, and interdependencies

review and summarise the organisational policies and procedures, including the risk-management strategy

discuss past and current internal, external and industry disruptions

outline the relevant legislation and regulations that impact on business continuity, including:

workplace health and safety (WHS)

environment

duty of care

contracts

business and company law

freedom of information

industrial relations

privacy and confidentiality

due diligence

records management.