List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.
The candidate must demonstrate the ability to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including evidence of the ability to:
develop and present a business proposal for a product or service.
In the course of the above, the candidate must:
analyse information from a range of sources to evaluate the viability of the business opportunities, including:
consideration of personal commitments
risk identification and assessment
personal skills and attributes analysis against required skills
anticipated financial returns.
The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of:
factors influencing financial viability of business ventures, including financial returns
factors influencing viability of business ideas, including:
impact of emerging or changing technology
personal circumstances and suitability of own skills profile
assessed risks
availability of required resources
key requirements for business proposals, including:
information relating to legislative requirements, regulations, standards and codes or practice
structure and content suited to audience needs
formats and methods of presentations
description of products and/or services
workplace procedures for:
recording outcomes of proposal evaluation
establishing income and expenditure costing for business proposal
principles of risk assessment relevant to business opportunity described in performance evidence.
Skills in this unit must be demonstrated in a workplace or simulated environment where the conditions are typical of those in a working environment in this industry.
This includes access to:
business technology, including internet access and presentation software
legislation, regulations, standards and codes of practice relating to business proposal described in performance evidence
workplace documentation and resources relevant to performance evidence
interaction with others for presentation purposes.
Assessors of this unit must satisfy the requirements for assessors in applicable vocational education and training legislation, frameworks and/or standards.