Develop a budget

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 CUEFIN01B, 'Develop a budget'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Develop a budget' on This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to for every purchase, so go nuts :)

Elements and Performance Criteria

Elements and Performance Criteria


Performance Criteria


Plan for a budget


Confirm the scope and nature of the activity for which budget is being developed with the appropriate personnel, including any guidelines or directives for budget development


Correctly identify, access and analyse data required for budget preparation


Analyse internal and external environmental factors to identify potential impacts on budget


Determine budget parameters with estimates, based on research, consultation and negotiation with the appropriate personnel and organisation/project objectives


Provide relevant colleagues with the opportunity to contribute to the budget planning process


Develop and prepare budget


Draft budget based on analysis of all available information and in accordance with organisational policy


Clearly identify and support income and expenditure estimates with valid, reliable and relevant information


Assess and present options when appropriate


Present recommendations clearly, concisely and in an appropriate format


Circulate draft budget to the appropriate personnel for comment at the appropriate time


Agree and incorporate modifications accurately and in consultation with colleagues


Negotiate final budget in accordance with organisational procedures and policies


Complete the final budget in required format within an agreed timeframe


Inform appropriate personnel of the budget and its application within the relevant area of work, including reporting and financial management responsibilities

Qualifications and Skillsets

CUEFIN01B appears in the following qualifications:

  • CUV60103 - Advanced Diploma of Arts Management