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Evidence Guide: DEFFIN019 - Provide financial support to materiel acquisition projects

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

 

DEFFIN019 - Provide financial support to materiel acquisition projects

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

Provide input to management reports

  1. Assess stakeholder needs
  2. Provide data for end of period report
  3. Assist with coordinating the update of variance reports
  4. Reconcile data with authoritative data
  5. Review data for accuracy, validity and relevance
Assess stakeholder needs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Provide data for end of period report

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assist with coordinating the update of variance reports

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Reconcile data with authoritative data

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Review data for accuracy, validity and relevance

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Provide input for asset management

  1. Process asset and inventory financial transactions
  2. Assist with Asset-Under-Construction assessments
  3. Review financial asset and inventory transactions for accuracy
Process asset and inventory financial transactions

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assist with Asset-Under-Construction assessments

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Review financial asset and inventory transactions for accuracy

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Provide financial management support for procurements

  1. Provide financial input for inclusion in procurement documentation
  2. Undertake financial aspects of value for money assessment of supplier proposals
  3. Provide input into contract development
  4. Provide financial advice to procurement team
  5. Review contract changes proposals for financial implications
Provide financial input for inclusion in procurement documentation

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Undertake financial aspects of value for money assessment of supplier proposals

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Provide input into contract development

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Provide financial advice to procurement team

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Review contract changes proposals for financial implications

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Support the development of acquisition and sustainment agreements

  1. Provide financial and costing advice
  2. Assist with the review of financial aspects
  3. Assist with the development of change proposals
Provide financial and costing advice

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assist with the review of financial aspects

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assist with the development of change proposals

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1

Provide input to management reports

1.1

Assess stakeholder needs

1.2

Provide data for end of period report

1.3

Assist with coordinating the update of variance reports

1.4

Reconcile data with authoritative data

1.5

Review data for accuracy, validity and relevance

2

Provide input for asset management

2.1

Process asset and inventory financial transactions

2.2

Assist with Asset-Under-Construction assessments

2.3

Review financial asset and inventory transactions for accuracy

3

Provide financial management support for procurements

3.1

Provide financial input for inclusion in procurement documentation

3.2

Undertake financial aspects of value for money assessment of supplier proposals

3.3

Provide input into contract development

3.4

Provide financial advice to procurement team

3.5

Review contract changes proposals for financial implications

4

Support the development of acquisition and sustainment agreements

4.1

Provide financial and costing advice

4.2

Assist with the review of financial aspects

4.3

Assist with the development of change proposals

Required Skills and Knowledge

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1

Provide input to management reports

1.1

Assess stakeholder needs

1.2

Provide data for end of period report

1.3

Assist with coordinating the update of variance reports

1.4

Reconcile data with authoritative data

1.5

Review data for accuracy, validity and relevance

2

Provide input for asset management

2.1

Process asset and inventory financial transactions

2.2

Assist with Asset-Under-Construction assessments

2.3

Review financial asset and inventory transactions for accuracy

3

Provide financial management support for procurements

3.1

Provide financial input for inclusion in procurement documentation

3.2

Undertake financial aspects of value for money assessment of supplier proposals

3.3

Provide input into contract development

3.4

Provide financial advice to procurement team

3.5

Review contract changes proposals for financial implications

4

Support the development of acquisition and sustainment agreements

4.1

Provide financial and costing advice

4.2

Assist with the review of financial aspects

4.3

Assist with the development of change proposals

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria on at least one occasion and include:

accessing and retrieving financial data

identifying risks with financial implications in arrangements

managing stakeholder relationships

performing financial reconciliations

producing comprehensive reports

providing relevant financial inputs to procurement activities

using complex spreadsheet formulas and functions.

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria and include knowledge of:

basic accounting concepts, including operating, expensed and capitalised costs

cost drivers

different stages of a project

government contract management processes

project closure process

relevant legislation and organisation policies

the acquisition and sustainment agreement development process

the acquisition process.

Range Statement

Range is restricted to essential operating conditions and any other variables essential to the work environment.

Non-essential conditions may be found in the Companion Volume Implementation Guide.