The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Calculate costs associated with machinery use
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Calculate overhead, operating and intangible costs related to machinery Completed |
Evidence:
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Source and compare relevant benchmark data that relates machinery costs to enterprise productivity to own enterprise data Completed |
Evidence:
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Make comparison of productivity and suitability of different types and brands of machinery Completed |
Evidence:
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Review machinery requirements
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Review machinery inventory in the context of the goals of the business and current and future productivity and profitability levels Completed |
Evidence:
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Identify, cost and evaluate alternatives to ownership Completed |
Evidence:
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Identify tax impact of the capital investment through appropriate professional support and incorporated into the analysis Completed |
Evidence:
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Assess and control risks associated with high capital investment in machinery in making machinery decisions Completed |
Evidence:
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Analyse returns from major capital investments in machinery
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Use capital budgeting techniques including energy efficiency to calculate the rate of return on major investment decisions Completed |
Evidence:
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Review machinery options plan and analysis and record changes Completed |
Evidence:
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