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Evidence Guide: LMTFD6001B - Evaluate commercial viability of designs

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

 

LMTFD6001B - Evaluate commercial viability of designs

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

Review business position

  1. Current business plan is analysed.
  2. Business objectives and financial targets are identified.
  3. Current business practices are identified and relevance for future developments is determined.
  4. Past products are identified and records of commercial success analysed.
  5. Workplace criteria for measuring commercial success of products are identified.
Current business plan is analysed.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Business objectives and financial targets are identified.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Current business practices are identified and relevance for future developments is determined.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Past products are identified and records of commercial success analysed.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Workplace criteria for measuring commercial success of products are identified.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Analyse fashion designs

  1. Ability of designs to meet client or target market needs and expectations is identified.
  2. Costing and production strategies of designs are analysed.
  3. Alignment of designs to business goals and practices is assessed.
Ability of designs to meet client or target market needs and expectations is identified.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Costing and production strategies of designs are analysed.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Alignment of designs to business goals and practices is assessed.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Apply selection criteria to fashion designs

  1. Workplace criteria for selection of designs are identified.
  2. Designs are analysed against selection criteria.
  3. Senior management are consulted in selection of designs.
  4. Designs are selected for commercial production.
Workplace criteria for selection of designs are identified.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Designs are analysed against selection criteria.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Senior management are consulted in selection of designs.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Designs are selected for commercial production.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish evaluation mechanisms

  1. Financial targets for design production are established.
  2. Monitoring systems are implemented to measure progress of design production and return.
  3. Design selection is evaluated against commercial targets.
Financial targets for design production are established.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Monitoring systems are implemented to measure progress of design production and return.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Design selection is evaluated against commercial targets.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

The Evidence Guide provides advice on assessment and must be read in conjunction with the Performance Criteria, Required Skills and Knowledge, the Range Statement and the Assessment Guidelines for the Training Package.

Critical aspects of evidence

Demonstrates skills and knowledge to:

complete and assess production costing information

analyse designs against selection criteria

analyse business goals and strategies

apply OHS practices in work operations

maintain accurate records

Consistency in performance

Consistently applies skills and knowledge when:

organising work

completing tasks

identifying improvements

using workplace practices

using OHS practices

recording and reporting accidents and incidents

assessing operational readiness of equipment used and work processes

recognising and adapting to cultural differences in the workplace, including modes of behaviour and interactions

completing work systematically with attention to detail without damage to goods and equipment

Resource implications

Access is required to real or appropriately simulated situations, including work areas, materials and equipment, and to information on workplace practices and OHS practices.

Context for assessment

Assessment may occur on the job or in an appropriately simulated environment.

Interdependent assessment

This unit may be assessed independently or in combination with other relevant units.

Required Skills and Knowledge

This describes the essential skills and knowledge and their level, required for this unit.

Demonstrates knowledge of:

practices and procedures for costing of design production

industry trends and market practices

OHS practices, including hazard identification and control measures

quality practices

workplace practices

recording and reporting practices

Demonstrates skills to:

interpret costing and financial documentation

access industry standards

analyse business information

read, interpret and follow information on work specifications, standard operating procedures and work instructions, and other reference material

maintain accurate records

communicate within the workplace

sequence operations

meet specifications

clarify and check task-related information

carry out work according to OHS practices

Range Statement

The Range Statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the Performance Criteria, is detailed below. Add any essential operating conditions that may be present with training and assessment depending on the work situation, needs if the candidate, accessibility of the item, and local industry and regional contexts.

Legislative/regulatory requirements

All work must comply with relevant Federal and State or Territory legislative or regulatory requirements.

Current business practices may include:

use of in-house; cut, make and trim; offshore production suppliers

use of expertise external to organisation

development of organisational image and market position

pricing and budget strategies

marketing and sales strategies

Criteria may include:

potential financial return

alignment with business goals and corporate image

client acceptance

availability of materials and resources for production

suitability of production processes

marketing potential

place in the market and product life cycle

production costs and timelines

OHS practices

OHS practices must include hazard identification and control, risk assessment and implementation of risk reduction measures specific to the tasks described by this unit and may include:

manual handling techniques

standard operating procedures

personal protective equipment

safe materials handling

taking of rest breaks

ergonomic arrangement of workplaces

following marked walkways

safe storage of equipment

housekeeping

reporting accidents and incidents

other OHS practices relevant to the job and enterprise