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 in income and expenditure priorities with appropriate colleagues prior to implementation. Completed |
Evidence:
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Consult and inform all relevant personnel in relation to 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 organisation control systems. Completed |
Evidence:
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Monitor financial activities against budget.
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Check actual income and expenditure against budgets at regular intervals. 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 organisation policy and 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, within agreed timeframes. 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 toinvestigate new approaches to budget management. Completed |
Evidence:
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Define and communicate clearly 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 recommendations for budget management clearly and logically to the appropriate person or department. Completed |
Evidence:
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Complete financial and statistical reports.
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Complete all required financial and statistical reports accurately and within designated timelines. Completed |
Evidence:
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Produce clear and concise information to enable informed decision making. Completed |
Evidence:
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Forward reports promptly to the appropriate person or department. Completed |
Evidence:
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