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Evidence Guide: CPPREP5007 - Develop a strategic business plan in the property industry

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

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

 

CPPREP5007 - Develop a strategic business plan in the property industry

What evidence can you provide to prove your understanding of each of the following citeria?

Analyse business opportunities in the property market.

  1. Analyse sources of information about the property market and business environment to determine both immediate and ongoing business opportunities.
  2. Complete cost–benefit analysis of property information to determine the viability of opportunities.
Analyse sources of information about the property market and business environment to determine both immediate and ongoing business opportunities.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Complete cost–benefit analysis of property information to determine the viability of opportunities.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Prepare for potential demand for agency services.

  1. Analyse available information to develop agency property market profile.
  2. Estimate demand for agency services and develop potential client profile.
  3. Determine resources to service projected demand and include in an overall cost–benefit analysis.
  4. Establish agency marketing positioning strategy.
  5. Document range of services to be provided with associated service fees and charges.
Analyse available information to develop agency property market profile.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Estimate demand for agency services and develop potential client profile.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine resources to service projected demand and include in an overall cost–benefit analysis.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish agency marketing positioning strategy.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Document range of services to be provided with associated service fees and charges.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish business goals and objectives.

  1. Determine business goals and identify activities to achieve projected share of the property market.
  2. Conduct break-even analysis of short- and long-term agency viability to ensure cash flow.
  3. Determine performance benchmarks.
Determine business goals and identify activities to achieve projected share of the property market.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Conduct break-even analysis of short- and long-term agency viability to ensure cash flow.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine performance benchmarks.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Review business strategies.

  1. Develop strategic directions within the business plan.
  2. Use agency business plan to evaluate agency business performance.
Develop strategic directions within the business plan.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Use agency business plan to evaluate agency business performance.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Required Skills and Knowledge