Manage 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 CUEFIN02C, 'Manage a budget'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Manage 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



1. Allocate funds

1.1. Allocate funds in accordance with the budget and agreed priorities

1.2. Keep all relevant personnel fully informed of budgetary decisions

1.3. Make colleagues aware of the importance of budget control

1.4. Accurately detail records of resource allocation in accordance with organisational control systems

2. Monitor and control expenditure

2.1. Check actual income and expenditure against budgets at regular intervals

2.2. Identify areas for improved budget performance and investigate options

2.3. Prepare income and expenditure reports and present in the required format to relevant personnel

2.4. Identify deviations from the budget, the reasons for deviation and take appropriate action

2.5. Present recommendations clearly and logically to relevant personnel

2.6. Advise relevant personnel of budget status in accordance with agreed timeframes

3. Complete financial reports

3.1. Accurately complete all required financial and statistical reports within designated timelines

3.2. Make recommendations regarding future financial planning as appropriate

3.3. Make reports clear and concise, and check for accuracy.

3.4. Promptly forward reports to relevant personnel

Qualifications and Skillsets

CUEFIN02C appears in the following qualifications:

  • CUL50104 - Diploma of Library-Information Services
  • CUL50204 - Diploma of Museum Practice
  • CUL40204 - Certificate IV in Museum Practice
  • CUL60104 - Advanced Diploma of Library-Information Services
  • CUL60204 - Advanced Diploma of Museum Practice
  • CUE50303 - Diploma of Live Production, Theatre and Events (Technical Production)
  • CUE60303 - Advanced Diploma of Stage Management
  • CUE50403 - Diploma of Venues and Events
  • CUE60203 - Advanced Diploma of Live Production, Theatre and Events (Technical Production)
  • CUE60103 - Advanced Diploma of Design for Live Production, Theatre and Events
  • CUE60403 - Advanced Diploma of Venues and Events