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?
Allocate budget resources.
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Allocate funds according to budget and agreed priorities. Completed |
Evidence:
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Discuss changes to income and expenditure priorities with appropriate colleagues prior to implementation. Completed |
Evidence:
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Consult with and inform relevant personnel about resource decisions. Completed |
Evidence:
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Promote awareness of the importance of budget control. Completed |
Evidence:
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Maintain detailed records of resource allocation according to organisational control systems. Completed |
Evidence:
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Monitor financial activities against budget.
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Use financial records to regularly check actual income and expenditure against budgets. Completed |
Evidence:
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Include financial commitments in all documentation to ensure accurate monitoring. Completed |
Evidence:
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Identify and report deviations according to significance of deviation. Completed |
Evidence:
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Investigate appropriate options for more effective management of deviations. Completed |
Evidence:
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Advise appropriate colleagues of budget status in relation to targets. Completed |
Evidence:
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Identify and evaluate options for improved budget performance.
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Assess existing costs and resources and proactively identify areas for improvement. Completed |
Evidence:
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Discuss desired budget outcomes with relevant colleagues. Completed |
Evidence:
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Undertake appropriate research to investigate new approaches to budget management. Completed |
Evidence:
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Define and communicate the benefits and disadvantages of new approaches. Completed |
Evidence:
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Take account of impacts on customer service levels and colleagues in developing new approaches. Completed |
Evidence:
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Present clear and logical recommendations for budget management. Completed |
Evidence:
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Complete financial and statistical reports.
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Complete financial and statistical reports within designated timelines. Completed |
Evidence:
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Prepare and present clear and concise information to enable informed decision making. Completed |
Evidence:
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