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Evidence Guide: MEACOM0020 - Manage budgetary resources in the aviation maintenance environment

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

 

MEACOM0020 - Manage budgetary resources in the aviation maintenance environment

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

Plan a budget in the aviation maintenance environment

  1. Identify and document workplace resource needs
  2. Prepare and process budget document according to organisational requirements
Identify and document workplace resource needs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Prepare and process budget document according to organisational requirements

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Manage the acquisition and allocation of budgetary resources in the aviation maintenance environment

  1. Maintain systems for monitoring expenditure
  2. Monitor budgets to ensure expenditure is within targets
  3. Apply required technology to the resource management system
  4. Identify changing priorities and discuss with designated personnel
  5. Amend budget document in response to changing activities and costs
  6. Satisfy accountability requirements
Maintain systems for monitoring expenditure

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Monitor budgets to ensure expenditure is within targets

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Apply required technology to the resource management system

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify changing priorities and discuss with designated personnel

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Amend budget document in response to changing activities and costs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Satisfy accountability requirements

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Evaluate and report budget outcomes

  1. Evaluate expenditure against planned budget
  2. Evaluate and document impacts on work unit objectives of financial changes and constraints
  3. Prepare report on expenditure and budget according to organisational policies and procedures
Evaluate expenditure against planned budget

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Evaluate and document impacts on work unit objectives of financial changes and constraints

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Prepare report on expenditure and budget according to organisational policies and procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Required Skills and Knowledge