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?
Identify a business opportunity
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Locate and review relevant market, client, product and service information Completed |
Evidence:
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Assess collective capability of existing staff and facilities Completed |
Evidence:
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Use techniques including brainstorming, discussions, lateral thinking and de Bono's Six Thinking Hats® method to generate business opportunity ideas Completed |
Evidence:
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Identify, explore and evaluate sources for additional information and fresh business opportunity ideas Completed |
Evidence:
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Identify personal and business objectives of developing opportunities Completed |
Evidence:
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Obtain input from others to improve and sort initial ideas Completed |
Evidence:
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Develop a business concept
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Review and prioritise a range of business opportunity ideas to develop business concepts Completed |
Evidence:
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Calculate basic business planning estimates for new business concepts Completed |
Evidence:
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Identify and review relevant legal and regulatory requirements Completed |
Evidence:
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Determine and document criteria for determining the feasibility of new business ideas Completed |
Evidence:
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Undertake preliminary assessment of feasibility of business concepts and seek specialist advice as required Completed |
Evidence:
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Identify risks of business concepts and undertake risk assessment Completed |
Evidence:
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Select the most feasible ideas for further development into business plans Completed |
Evidence:
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Prepare basic documentation to communicate business concepts to stakeholders Completed |
Evidence:
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Work with others to advance the business concept
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Determine requirements for partners, alliances and advisors to advance business concept Completed |
Evidence:
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Identify and assess potential partners, alliances and advisors Completed |
Evidence:
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Seek relevant legal advice to protect interest throughout negotiations Completed |
Evidence:
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Conduct negotiations to advance the concept Completed |
Evidence:
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Negotiate and develop partnership, alliance and advisory arrangements, if appropriate Completed |
Evidence:
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Confirm partnership, alliance and advisory arrangements using legal processes, where relevant Completed |
Evidence:
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Identify a business opportunity
|
|
Locate and review relevant market, client, product and service information Completed |
Evidence:
|
Assess collective capability of existing staff and facilities Completed |
Evidence:
|
Use techniques including brainstorming, discussions, lateral thinking and de Bono's Six Thinking Hats® method to generate business opportunity ideas Completed |
Evidence:
|
Identify, explore and evaluate sources for additional information and fresh business opportunity ideas Completed |
Evidence:
|
Identify personal and business objectives of developing opportunities Completed |
Evidence:
|
Obtain input from others to improve and sort initial ideas Completed |
Evidence:
|
Develop a business concept
|
|
Review and prioritise a range of business opportunity ideas to develop business concepts Completed |
Evidence:
|
Calculate basic business planning estimates for new business concepts Completed |
Evidence:
|
Identify and review relevant legal and regulatory requirements Completed |
Evidence:
|
Determine and document criteria for determining the feasibility of new business ideas Completed |
Evidence:
|
Undertake preliminary assessment of feasibility of business concepts and seek specialist advice as required Completed |
Evidence:
|
Identify risks of business concepts and undertake risk assessment Completed |
Evidence:
|
Select the most feasible ideas for further development into business plans Completed |
Evidence:
|
Prepare basic documentation to communicate business concepts to stakeholders Completed |
Evidence:
|
Work with others to advance the business concept
|
|
Determine requirements for partners, alliances and advisors to advance business concept Completed |
Evidence:
|
Identify and assess potential partners, alliances and advisors Completed |
Evidence:
|
Seek relevant legal advice to protect interest throughout negotiations Completed |
Evidence:
|
Conduct negotiations to advance the concept Completed |
Evidence:
|
Negotiate and develop partnership, alliance and advisory arrangements, if appropriate Completed |
Evidence:
|
Confirm partnership, alliance and advisory arrangements using legal processes, where relevant Completed |
Evidence:
|