Manage operational finances in the property industry

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver CPPREP5006, 'Manage operational finances in the property industry'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Books
Reference books for 'Manage operational finances in the property industry' on fishpond.com.au. This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to ntisthis.com for every purchase, so go nuts :)


Elements and Performance Criteria

Elements describe the essential outcomes.

Performance criteria describe what needs to be done to demonstrate achievement of the element.

1. Determine financial management requirements.

1.1 Conduct risk analyses according to legislative requirements.

1.2 Analyse and record processes for managing budgets, financial control systems and management requirements for the agency and departments.

1.2 Analyse the standard financial records, reports and break-even analyses to develop key performance indicators (KPIs).

1.3 Allocate resources to support attainment of department and agency KPIs.

1.4 Interpret requirements and schedules for conducting financial reconciliations and producing formal reports for internal and external purposes.

1.5 Determine legislative responsibilities and best practice of financial systems.

2. Develop and implement strategies to manage operational finances.

2.1 Design and implement strategies to establish and maintain link between individuals responsible for budgets and individuals operating financial control systems.

2.2 Develop and implement financial controls and processes for preparation of valid records and reports.

2.3 Implement strategies and adjust KPIs to ensure ongoing and accurate projections of income, expenditure and cash flow.

3. Manage operational finance systems.

3.1 Communicate to agency staff the standards, culture and business KPIs relating to financial management in the agency.

3.2 Facilitate monitoring, reviewing and adjustment of agency and department financial practices.

3.3 Manage and review allocation of resources.

3.4 Manage the collation of periodic financial reports to provide a financial overview of the agency.

4. Evaluate operational finance systems.

4.1 Analyse periodic financial reports and use data to evaluate achievement of KPIs.

4.2 Use evaluation data to determine, record and implement improvements.