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Evidence Guide: PSPMGT006 - Develop a business case

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

 

PSPMGT006 - Develop a business case

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

Research a business case

  1. Identify and confirm business problem.
  2. Analyse key stakeholder requirements to clarify objectives.
  3. Consider a range of factors to identify opportunities and constraints.
  4. Conduct market analysis.
Identify and confirm business problem.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Analyse key stakeholder requirements to clarify objectives.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Consider a range of factors to identify opportunities and constraints.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Conduct market analysis.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Examine business solutions

  1. Analyse and document business and technical impacts and risks.
  2. Analyse community, environmental and human resource impacts.
  3. Canvas for alternative solutions and their financial implications and discuss with senior management and business case originator.
Analyse and document business and technical impacts and risks.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Analyse community, environmental and human resource impacts.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Canvas for alternative solutions and their financial implications and discuss with senior management and business case originator.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Construct a business case

  1. Develop options and determine and document impacts, risks, costs and stakeholders.
  2. Make and justify recommendations.
Develop options and determine and document impacts, risks, costs and stakeholders.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Make and justify recommendations.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Finalise a business case

  1. Present business case and explain recommendations.
  2. Obtain approvals and management endorsement.
Present business case and explain recommendations.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Obtain approvals and management endorsement.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Research a business case

  1. Identify and confirm business problem.
  2. Analyse key stakeholder requirements to clarify objectives.
  3. Consider a range of factors to identify opportunities and constraints.
  4. Conduct market analysis.
Identify and confirm business problem.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Analyse key stakeholder requirements to clarify objectives.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Consider a range of factors to identify opportunities and constraints.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Conduct market analysis.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Examine business solutions

  1. Analyse and document business and technical impacts and risks.
  2. Analyse community, environmental and human resource impacts.
  3. Canvas for alternative solutions and their financial implications and discuss with senior management and business case originator.
Analyse and document business and technical impacts and risks.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Analyse community, environmental and human resource impacts.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Canvas for alternative solutions and their financial implications and discuss with senior management and business case originator.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Construct a business case

  1. Develop options and determine and document impacts, risks, costs and stakeholders.
  2. Make and justify recommendations.
Develop options and determine and document impacts, risks, costs and stakeholders.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Make and justify recommendations.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Finalise a business case

  1. Present business case and explain recommendations.
  2. Obtain approvals and management endorsement.
Present business case and explain recommendations.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Obtain approvals and management endorsement.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes

Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the range of conditions section.

1. Research a business case

1.1 Identify and confirm business problem.

1.2 Analyse key stakeholder requirements to clarify objectives.

1.3 Consider a range of factors to identify opportunities and constraints.

1.4 Conduct market analysis.

2. Examine business solutions

2.1 Analyse and document business and technical impacts and risks.

2.2 Analyse community, environmental and human resource impacts.

2.3 Canvas for alternative solutions and their financial implications and discuss with senior management and business case originator.

3. Construct a business case

3.1 Develop options and determine and document impacts, risks, costs and stakeholders.

3.2 Make and justify recommendations.

4. Finalise a business case

4.1 Present business case and explain recommendations.

4.2 Obtain approvals and management endorsement.

Required Skills and Knowledge

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes

Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the range of conditions section.

1. Research a business case

1.1 Identify and confirm business problem.

1.2 Analyse key stakeholder requirements to clarify objectives.

1.3 Consider a range of factors to identify opportunities and constraints.

1.4 Conduct market analysis.

2. Examine business solutions

2.1 Analyse and document business and technical impacts and risks.

2.2 Analyse community, environmental and human resource impacts.

2.3 Canvas for alternative solutions and their financial implications and discuss with senior management and business case originator.

3. Construct a business case

3.1 Develop options and determine and document impacts, risks, costs and stakeholders.

3.2 Make and justify recommendations.

4. Finalise a business case

4.1 Present business case and explain recommendations.

4.2 Obtain approvals and management endorsement.

Evidence required to demonstrate competence must satisfy all of the requirements of the elements and performance criteria. If not otherwise specified the candidate must demonstrate evidence of performance of the following on at least one occasion.

managing resources

using language and style suited to written submissions

explaining complex ideas to different audiences

interpreting and explaining complex, formal documents

preparing written advice and reports requiring reasoning and precision of expression

engaging in discussion using exchange of complex oral information

Evidence required to demonstrate competence must satisfy all of the requirements of the elements and performance criteria. If not otherwise specified the depth of knowledge demonstrated must be appropriate to the job context of the candidate.

government and organisational goals, policies and practices

legal requirements related to the business activity

financial and accounting issues relating to developing a business case

wholeoflife considerations

approval processes

aspects of trade practices law, commercial law and law of contract relating to the development of business cases

jurisdictional legislation that applies to business case development, including work health and safety and environmental requirements