Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners

FNSILD504A Mapping and Delivery Guide
Implement and manage the distribution plan

Version 1.0
Issue Date: May 2024


Qualification -
Unit of Competency FNSILD504A - Implement and manage the distribution plan
Description This unit describes the performance outcomes, skills and knowledge required to communicate and action the distribution plan, monitor actions that arise from the plan, review and revise the plan, and measure ongoing results.This unit is applicable to individuals working within enterprises and job roles subject to licensing, legislative, regulatory or certification requirements including legislation administered by the Australian Securities and Investments Commission (ASIC).
Employability Skills This unit contains employability skills.
Learning Outcomes and Application This unit applies to distribution plan job roles applied within organisations of various sizes and across a range of customer bases.
Duration and Setting X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting.
Prerequisites/co-requisites
Competency Field
Development and validation strategy and guide for assessors and learners Student Learning Resources Handouts
Activities 		Slides
PPT 		Assessment 1 Assessment 2 Assessment 3 Assessment 4
Elements of Competency Performance Criteria              
Element: Communicate the plan
  • Stakeholders with whom to communicate are identified according to enterprise strategies and policies
  • Methods of communication are determined which are appropriate to the audience
  • Feedback processes are established and communication processes are undertaken within timeframes
       
Element: Action the plan
  • Project steps are established according to plan
  • Enterprise structure is established
  • Plan is actioned within established parameters
       
Element: Monitor the actions
  • Feedback on plan results is analysed within timeframes and following enterprise procedures
  • Problems and opportunities are identified from analysed feedback and corrective action undertaken expediently on any divergence from plan
       
Element: Review and revise the plan
  • Review process is established and feedback on all elements of the plan is secured
  • Discrepancies between performance required and the plan are identified so change actions can be prioritised
  • Revisions to plan are communicated to stakeholders according to enterprise strategies and policies
       
Element: Measure ongoing results
  • Key Performance Indicators (KPIs) are monitored
  • Performance reports are prepared and communicated to relevant stakeholders
       


Evidence Required

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 Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.

Overview of assessment

Critical aspects for assessment and evidence required to demonstrate competency in this unit

Evidence of the ability to:

effectively communicate the distribution plan

action the plan and monitor the actions

review and revise the plan after measuring ongoing results.

Context of and specific resources for assessment

Assessment must ensure:

competency is demonstrated in the context of the work environment and conditions specified in the range statement either in a relevant workplace or a closely simulated work environment

access to and the use of a range of common office equipment, technology, software and consumables

access to organisation records

access to organisational policies and procedures.

Method of assessment

A range of assessment methods should be used to assess practical skills and knowledge. The following examples, in combination, are appropriate for this unit:

evaluating an integrated activity, which combines the elements of competency for the unit, or a cluster of related units of competency

observing processes and procedures in workplaces

verbal or written questioning on underpinning knowledge and skills

evaluating samples of work

accessing and validating third party reports

setting and reviewing workplace projects and business simulations or scenarios.

Guidance information for assessment

Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assignment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)

Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

Required skills

highly developed communication skills to:

determine and confirm information, using questioning and active listening as required

perform coaching and counselling

delegate authorities

liaise with others, share information, listen and understand

use language and concepts appropriate to cultural differences

numeracy and IT skills to:

perform calculations related to achieving required outcomes

use computer applications (word processing, spreadsheet, database, specific purpose computer systems) to assist in achieving required outcomes

access and update records electronically

access web-based information services

well-developed literacy skills to read and interpret documentation from a variety of sources and record and consolidate relevant related information

research and analysis skills for accessing and interpreting relevant information

interpersonal skills

organisational skills, including the ability to plan and sequence work

Required knowledge

IT applications

data interpretation

relevant information sources and availability

performance analysis techniques and tools

The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.

Stakeholders may include:

advisers

distribution channel management

employees

prospective and existing policy owners

shareholders.

Methods of communication may include:

electronic

group

individual

meetings

verbal

in writing.

Parameters may include:

budget timeframes

distribution channels

outcomes procedures

resources.

Feedback may include information about:

competitors

customers

environment

internal comparisons

markets

politics

product

regulations

results

social trends

the economy.

Review may include:

contingency plans

internal and external comparisons.

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Stakeholders with whom to communicate are identified according to enterprise strategies and policies 
Methods of communication are determined which are appropriate to the audience 
Feedback processes are established and communication processes are undertaken within timeframes 
Project steps are established according to plan 
Enterprise structure is established 
Plan is actioned within established parameters 
Feedback on plan results is analysed within timeframes and following enterprise procedures 
Problems and opportunities are identified from analysed feedback and corrective action undertaken expediently on any divergence from plan 
Review process is established and feedback on all elements of the plan is secured 
Discrepancies between performance required and the plan are identified so change actions can be prioritised 
Revisions to plan are communicated to stakeholders according to enterprise strategies and policies 
Key Performance Indicators (KPIs) are monitored 
Performance reports are prepared and communicated to relevant stakeholders 

Forms

Assessment Cover Sheet

FNSILD504A - Implement and manage the distribution plan
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:

Assessment Record Sheet

FNSILD504A - Implement and manage the distribution plan

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: