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Classroom Assessment Methods and Tools

   

Added on  2021-05-30

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Assessment ToolQualificationBSB61215 Advanced Diploma of Program ManagementCluster number and name:PMAD 2.2 Implement program governance & manage finances Units of competency:BSBPMG612 Implement program governanceBSBFIM601 Manage finances Student’s ID and full name41823 – Shavneel shavneet Kumar Assessor’s name:Stuart Number of weeksWeeks 1-4ASSESSMENT INSTRUCTIONSOverviewPrior to commencing the assessments your assessor will explain each task and the terms and submission of your task. Please consult your assessor if you are unsure of any questions. It is important that you understand adhere to the terms and conditions and address each task. If anytask I not fully address than your assessment task will not be marked. The assessor will support you throughout this process.Written workThe assessment tasks are used to measure your understanding and underpinning skills and knowledge of this unit of competency. When answering please ensure you address each criteria and sub point, demonstrate your research of each of the questions and cover the topic in a logical and structured manner.Active participationIt is a condition of enrolment that you actively participate in your studies. Active participation is completing all tasks on time. If you do not participate you will be required to report to Student Services Coordinator.PlagiarismPlagiarism is taking and using someone else's thoughts, writings or inventions and representing them as your own. Plagiarism is a serious act and may result in a student’s exclusion from a course. When you have any doubts about including the work of other authors in your assessment, please consult your trainer/assessor. The following list outlines some of the activities for which a student can be accused of plagiarism: Presenting any work by another individual as one's own unintentionally Handing in assessments markedly similar to or copied from another student Presenting the work of another individual or group as their own work Handing in assessments without the adequate acknowledgement of sources used, including assessments taken totally or in part from the Internet If it is identified that you have plagiarised within your assessment task, then we will organise a meeting to discuss this with you. Copyright You must be careful when copying the work of others. The owner of the material may take legal action against you if the owner's copyright has been infringed. You are allowed to do a certain BSBPMG409 Assessment ToolVersion 1 Issued 18/03/2017Page 1 of 30

Assessment ToolQualificationBSB61215 Advanced Diploma of Program ManagementCluster number and name:PMAD 2.2 Implement program governance & manage finances Units of competency:BSBPMG612 Implement program governanceBSBFIM601 Manage finances Student’s ID:41823 – Shavneel Shavneet KumarAssessor’s name:Stuart Number of weeksWeeks 1-4amount of copying for research or study purposes. Generally, 10% or one chapter of a book is acceptable, where the participant is studying with, or employed by, an educational institution.Competency OutcomesEach activity in this assessment tasks will be marked as either Satisfactory or Not Satisfactory. If your work is marked as Not Satisfactory you will be provided with feedback from your assessor and then given time to complete the task. Your assessor will provide you with a timelinein which you will be required to submit your task. Resubmission timeline will be determined by the assessor and based on the extent of the re-submission.When you have completed all tasks in this document you will be granted an overall competency outcome, which will be either Competent or Not Yet Competent.If your work is marked as Not Yet Competent you will be asked to resubmit the assessment tasks as indicated by your assessor. You will not be able to gain competency if any of your tasks are not fully completed. Assessment Appeals ProcessIf you are dissatisfied with the outcome of one of the assessment tasks or the final outcome of the assessment task because you feel that the result is unfair or incorrect, you may request to have the task/s or overall assessment task reviewed. If you are still dissatisfied with the outcome, you may lodge a formal assessment appeal. Refer to SBTA’s Complaints/Appeals Policyand Procedure.Application of the unit – BSBFIM601This unit describes the skills and knowledge required to undertake budgeting, financial forecasting and reporting and to allocate and manage resources to achieve the required outputs for the business unit. It includes contributing to financial bids and estimates, allocating funds, managing budgets and reporting on financial activity.It applies to individuals who have managerial responsibilities which include overseeing the management of financial and other resources across a business unit, a series of business units orteams, or an organisation. It covers all areas of broad financial management. In a larger organisation, this work would be supported by specialists in financial management.Application of the unit – BSBPMG612This unit describes the skills and knowledge required to implement governance requirements to ensure effective program management. It includes the performance criteria required to demonstrate competency in implementing systems and processes for decision-making, management systems, compliance and support.BSBPMG612 fIM601 Ass TOOL Version 1 Issued 3/02/2017Page 2 of 30

Assessment ToolQualificationBSB61215 Advanced Diploma of Program ManagementCluster number and name:PMAD 2.2 Implement program governance & manage finances Units of competency:BSBPMG612 Implement program governanceBSBFIM601 Manage finances Student’s ID:41823 – Shavneel Shavneet KumarAssessor’s name:Stuart Number of weeksWeeks 1-4A program is defined as a set of interrelated projects, each of which has a project manager. 'Multiple projects', or 'a program of projects', refers to a number of related projects managed by the same person as a program to achieve organisational objective/s.It applies to individuals who are program managers and those managing a suite of projects (a program). They operate within assigned authority levels, are responsible for their own performance and sometimes the performance of others.Individuals in this role may be operating within an organisation, a business or working as a consultant.Assessment matrixELEMENTS BSBPMG612PERFORMANCE CRITERIAASSESSMENT TASKS1.Facilitate effective decisions making 1.1, 1.2, 1.3, 1.4Task 1, 22.Implement systems and methods2.1, 2.2, 2.3, 2.4Task 1, 23.Ensure program compliance3.1, 3.2, 3.3, 3.4Task 1, 24.Enable program support services4.1, 4.2, 4.3Task 1, 2Performance EvidenceDocument program role and responsibilities, determine finance andresource authorities, support program implementationTask 1, 2Knowledge EvidenceDocumentation of program role and responsibilities, design program, records and configuration systemTask 1, 2Foundation Skills Reading, Writing, Oral Communication, Navigate the world of work,interact with others and Get the work doneTask 1, 2Dimensions of CompetencyTask skills, task management skills, communication management skills, analysis & problem solving skillsTask 1, 2ELEMENTS BSBFIM606PERFORMANCE CRITERIAASSESSMENT TASKS1.1.Plan for financial management1.1, 1.2, 1.3, 1.6Task 1, 31.2.Establish budgets and allocate funds2.1, 2.2, 2.3Task 1, 31.3.Implement budgets3.1, 3.2, 3.3, 3.4, 3.5, 3.6Task 1, 31.4.Report on finances 4.1, 4.2, 4.3, 4.4Task 1, 3Performance EvidencePlan for financial management, prepare, implement and revise a budget, allocate funds and analyse effectiveness of approachTask 1, 3Knowledge EvidenceFinancial probity, principles of accounting and financial systems, legislationTask 1, 3Foundation Skills Reading, Writing, Oral Communication, Numeracy, Navigate the Task 1, 3BSBPMG612 fIM601 Ass TOOL Version 1 Issued 3/02/2017Page 3 of 30

Assessment ToolQualificationBSB61215 Advanced Diploma of Program ManagementCluster number and name:PMAD 2.2 Implement program governance & manage finances Units of competency:BSBPMG612 Implement program governanceBSBFIM601 Manage finances Student’s ID:41823 – Shavneel Shavneet KumarAssessor’s name:Stuart Number of weeksWeeks 1-4world of work, interact with others and Get the work doneDimensions of CompetencyTask skills, task management skills, communication management skills, analysis & problem solving skillsTask 1, 3Assessment task 1: Knowledge and Discussion QuestionsInformation to students:This assessment task will enable you to demonstrate your knowledge of:Implementing program governanceManaging financialTo complete this assessment task, you can research your answers using books provided or the Internet but your answers must be in your own words. At the end of this task your assessor will give you feedback. Your assessor will also check all your answers; if your answers have been copied from other students from your current or other classes you will be required to resubmit this task again.Please clarify any questions which you do not understand fully with your trainer and assessor prior to you completing each question to ensure you are answering your questions correctly. Please note that this task is to be typed up when you are submitting the task for marking unless specified otherwise. Questions: Read all discussion points below in class with your colleagues and your trainer and assessor,and provide answers to each question below. Answer guide: This assessment task is to be typed with 2 – 5 paragraphs per questionBSBPMG612 fIM601 Ass TOOL Version 1 Issued 3/02/2017Page 4 of 30

Assessment ToolQualificationBSB61215 Advanced Diploma of Program ManagementCluster number and name:PMAD 2.2 Implement program governance & manage finances Units of competency:BSBPMG612 Implement program governanceBSBFIM601 Manage finances Student’s ID:41823 – Shavneel Shavneet KumarAssessor’s name:Stuart Number of weeksWeeks 1-41.1.What roles are required for effective program governance and how you would agree the key roles, accountabilities and responsibilities with senior stakeholders?The issue that has been presented in the question refers to the fact that the roles that are requiredfor the purpose of maintaining effective governance in an organization is that of an executive or a manager who is required to look after the internal controls that has been implemented within an organization. This means that the internal controls play a significant role in the controlling of the aspect of corporate governance in an organization. This means that the different roles also include the role of an auditor who is willing to audit the quality of the corporate governance statement (Martinelli and Milosevic 2016).Moreover, the key roles responsibilities and accountabilities that have been carried out by the senior stakeholders are also important in developing effective program governance. This means that the stakeholders on the basis of the agency and the stakeholder theory will result in the proper establishment of the fact that the stakeholders will certainly have an opinion in regards to the development of a corporate governance statement. For instance, a veto that is given by a senior stakeholder will result in the stoppage of a project.1.2.What factors would need to be considered to ensure that the appropriate finance and resource authorities were in place with senior stakeholders, throughout the program?The factors that are needed to be considered for the purpose of ensuring that the appropriate finance and resource authorities are in place with the senior stakeholders throughout the program are as follows:The appropriate finance and the resource authorities will be in place with the seniorstakeholders when the development of a corporate governance statement will result in thegeneration of optimum amount profitability of the corporate entity.the appropriate type of finance that is required will have to be decided by the executivesor the other official bodies for the purpose of determining the fact as to what kind of debtshould be considered for the purpose of developing the statement.Moreover, it is very important to analyse the sources of funding that is required for thepurpose of implementing the project. The sources of funding might be the long term orBSBPMG612 fIM601 Ass TOOL Version 1 Issued 3/02/2017Page 5 of 30

Assessment ToolQualificationBSB61215 Advanced Diploma of Program ManagementCluster number and name:PMAD 2.2 Implement program governance & manage finances Units of competency:BSBPMG612 Implement program governanceBSBFIM601 Manage finances Student’s ID:41823 – Shavneel Shavneet KumarAssessor’s name:Stuart Number of weeksWeeks 1-4short term sources of finance. This can be carried out by comparing the paybacks or theinternal rates of returns between the projects in which an estimate of the costs of theprojects are made. A budget should also be established and the calculation of the overall projects costs haveto be estimated by the totalling of the individual activity costsThe management should also take an initiative to develop a variance analysis for thepurpose of understanding the value of the projects. The budget timelines that have been established can be carried out in a proper manner bythe process of reconciliation. This can be explained by the following diagram.1.3.How do you ensure that reliable program governance decisions regarding complex priorities and competing demands on the program were made using repeatable and documented methods?The issue that has been presented in the question refers to the fact as to how it has been determined that the reliable program governance decisions in regards to the priorities that have BSBPMG612 fIM601 Ass TOOL Version 1 Issued 3/02/2017Page 6 of 30

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