BSBINM601_Task_2_pravesh.

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Assessment-2 BSBINM601 Manage Knowledge and Information Student Must Fill this Section Student Name: Pravesh Shiwakoti Student ID: S19253 Term: 3 rd Year: 2020 Signature: Date:08/16/2020 Privacy Release Clause: “I give my permission for my assessment material to be used in the auditing, assessment validation & moderation Process”. Authenticity Declaration: “I declare that: The material I have submitted is my own work; I have given references for all sources of information that are not my own, including the words, ideas and images of others”. WSC-ABMGBSBINM601-V1.4-20032019 Page | 1 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
WSC-ABMGBSBINM601-V1.4-20032019 Page | 2 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
WSC-ABMGBSBINM601-V1.4-20032019 Page | 3 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M Information for Student: All work is to be entirely of the student. General Information for this assessment: Read the instructions for each question very carefully. Be sure to PRINT your FIRST name & LAST name in every place that is provided. Short questions must be answered in the spaces provided. For those activities requesting extra evidence such as: research reports, essay reports, etc. The student must attach its own work formatted in double space, Arial 12 pts. All activities must be addressed correctly in order to obtain a competence for the unit of competency. If the student doesn’t understand the assessment, they can request help from the assessor to interpret the assessment. Re-submission of assessment after the term will incur additional fees. Re-assessment of Result & Academic Appeal procedures: If a student is not happy with his/ her results, that student may appeal against their grade via a written letter, clearly stating the grounds of appeal to the Chief Executive Officer. This should be submitted after completion of the subject and within fourteen days of commencement of the new term. Re-assessment Process: An appeal in writing is made to the Academic Manager providing reasons for re-assessment /appeal. Academic Manager will delegate another faculty member to review the assessment. The student will be advised of the review result done by another assessor. If the student is still not satisfied and further challenges the decision, then a review panel is formed comprising the lecturer/trainer in charge and the Academic Manager OR if need be an external assessor. The Institute will advise the student within 14 days from the submission date of the appeal. The decision of the panel will be deemed to be final. If the student is still not satisfied with the result, the he / she has the right to seek independent advice or follow external mediation option with nominated mediation agency. Any student who fails a compulsory subject or appeals unsuccessfully will be required to re-enrol in that subject. The cost of reassessment will be borne by the Institute. The external assessor will base his/her judgement based on principles of assessment. These principles require assessment to be reliable, fair, practical and valid. Academic Appeals: If you are dissatisfied with the outcome of the re-evaluation process, you have a right to appeal through academic appeals handling protocol. To appeal a decision, the person is required to complete the WSC- Request for Appeal of a Decision form with all other supporting documents, if any. This form is available via our website. The completed Request for Appeal form is to be submitted to the Student Support Officer either in hard copy or electronically via the following contact details: Student Support Officer, Western Sydney College (WSC), 55 High St, Parramatta NSW 2150, Email: support@wsc.nsw.edu.au The notice of appeal should be in writing addressed to the Chief Executive Officer and submitted within seven days of notification of the outcome of the re-evaluation process. If the appeal is not lodged in the specified time, the result will stand and you must re-enrol in the unit. In emergency circumstances, such as in cases of serious illness or injury, you must forward a medical certificate in support of a deferred appeal. The notice of appeal must be made within three working days of the concluding date shown on the medical certificate. The decision of Chief Executive Officer will be final. Student would then have the right to pursue the claim through an independent external body as detailed in the students’ complaint / grievance policy.
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Assessment Task 2 Manage Knowledge Information 1. Write a business expansion briefing report. Business Expansion Briefing Report Introduction The College currently employs 24 staff members that include the CEO, a Marketing Manager and Marketing Assistant, Human Resources Manager, Operations and Finance Manager, Administration Manager, Office Assistant, Receptionist, Academic Manager, Student This Report is prepared to include the 2019 and 2020 financial predictions and estimates. This offers an overview of customer input, staff feedback and data storage options. The college has a further proposal to set up two additional campuses in Brisbane and Sydney beginning in January 2018 and mid-2018 respectively which have already been in place and are largely ignored by the CEO and the Finance Manager Purpose: 1. To lead in vocational training and education 2. Developing and sustaining high-quality services to benefit clients and workers. Business performance WSC-ABMGBSBINM601-V1.4-20032019 Page | 4 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
Provide an overview of the Reports of Profit and Loss and Exception for fiscal years 2015/16, 2016/17 and 2017/8. These will involve evaluating the exemption reports, and if they clash with the business plan 's details and expectations, and if so any steps that need to be taken. The claims about benefit and loss and the exception report showed the following facts: There was a slight profit in the business plan as planned in the year 2016, since it was the first year of service and the number of students enrolled was also fewer. It was also described in the study on exception. In 2017 the large rise in earnings was seen as being consistent with the business strategy for the year. Profits have risen in 2018. Costs have also increased but due to the lease arrangement the leasing costs have remained the same. As per the business plan, no note was made of the 10 percent rise in the costs which was not in line with the business plan. Financial forecast Provide an overview of the forecasting process, the main assumptions and criteria and the business strategy and market trends relationships. Depending on the trend study, a 10 percent inflation cost is expected to be added to all the costs and income from the course sales was projected to double due to an increased number of students. The hope is focused on getting two new campuses added. Forecast for 2019 Using trend analysis based on earlier amounts of profit and loss, Administration and Marketing results, forecaster revenues and expenditures, and profit or loss for the next two years are as follows. Net sales: $2,640,000 Total expenses: $1,437,590 Profit or loss: $1,202,410 Forecast for 2020 Net sales: $5,088,000 Profit or loss: $2,300,150 Staff feedback WSC-ABMGBSBINM601-V1.4-20032019 Page | 5 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
Staff bear heavy workloads, feel unsure about their future position in the company or are poorly dealing with significant workplace changes. Customer Feedback Business problems and issues Changes in legislation in industry / government affecting students Adverse effects of state policies High competitiveness. VET Information In the manufacturing sector, which is one of our primary business segments, we concentrate our efforts through consulting and analysis on identifying market dynamics and potential needs for the workforce. Our expertise lies in transforming the needs of the industry into national employment standards. Within Australia and globally, IBSA is strongly positioned to have a positive impact on the VET sector because of its deep engagement with stakeholders across industry, government and training providers. International Association for Vocational Education and Training (IVETA); IVETA is committed to delivering and promoting high-quality vocational training and education wherever it occurs or is appropriate. Australia's International Education Association (IEAA) is committed to improving Australia's international education standard and reputation by supporting international education in Australia and globally, and meeting its members' professional needs and interests. Trends analysis An estimated 4.2 million students were enrolled with an Australian training provider in VET in 2017, accounting for nearly a quarter of Australian population aged 15–64 years. By addition, there were 1.5 million university students studying with an Australian higher education provider in the same year, and 3.8 million school students studying in Australia. For those VET students who have the necessary information registered for: WSC-ABMGBSBINM601-V1.4-20032019 Page | 6 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
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This was 52.0 per cent male 3.8% Identified as an Indian A 5.0 per cent impairment registered and 4.4 per cent of the students were foreign. 65.7 percent of domestic students live in major cities, 31.5 percent in rural areas and 2.9 percent in remote regions. The 2017 population estimates from the Australian Bureau of Statistics found that 71.8 per cent of the population lived in major cities, 26.2 per cent in rural areas and 2.0 per cent in remote areas. Decision process There has to be a shift in the decision making process. Management will take the major investment decisions after a thorough review. Finance Transaction Authorized Person Bank Accounts CEO/Operations Manager Issuing Petty Cash Senior Managers Business Credit Card Senior Managers Authorizing New Customers Operations Manager Authorizing New Suppliers Operations Manager Purchasing Stock Senior Managers Purchasing Assets/ Equipment CEO Debt Collection Senior Managers WSC-ABMGBSBINM601-V1.4-20032019 Page | 7 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
Finance Transaction Authorized Person Payment of Invoices Senior Managers All financial decisions of major investments must be reviewed and agreed on by a majority of the Management Team and by the CEO. Compliance The company's corporate priorities are as follows: To be the pioneer in vocational training and education Establishing and sustaining high-quality infrastructure that serves clients and staff To be well managed, effective, productive and accountable Developing our people and means The following are the Principles of company: Increase excellence in teaching and assessment Promoting innovation across all of our operations Create a Community that is inclusive and compassionate. Put on disparity and diversity Data storage and access options Shipping online. Services that provide online storage and Internet backup provide a range of persuasive advantages for companies. By backing the most important files to a secure, remote server, protecting the data stored at your business location. Through supplying them with password- protected access to online storage facility, they share huge files with customers, partners and others. WSC-ABMGBSBINM601-V1.4-20032019 Page | 8 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
Space connected to network. Network-attached storage (NAS) provides fast , easy and reliable data access in an IP network environment. NAS solutions are suitable for small and medium-sized enterprises that need large amounts of economical storage that can be shared by multiple users over a network. And since many small companies lack IT resources, NAS systems are easy to deploy, handle centrally manage and consolidate. Sensitivity analysis Cost. It's a costly operation to run your own data centre. You would need to spend money on initial setup, continuing maintenance and the costs associated with maintaining it by the people responsible. Security. Safety is a major problem that needs to be solved. Hypothetically, if the data is stored elsewhere, it might be accessed by a third party. There are several security mechanisms that can help you prevent this unwanted access, including encryption and depending on third party providers. Validity and reliability of source data The data taken to prepare this briefing report is drawn from reputable sources and attention has been given to the client financials. Risk management Hazards Low priced rivals. Failure to meet requests from customers. Strategy to Mitigate Focusing on delivering industry-required courses Offering our clients appealing payment systems 2. Role-play: Meet with the management team to get them agree to the proposed expansion report. Date: January 14, 2020 Time: 1 hour WSC-ABMGBSBINM601-V1.4-20032019 Page | 9 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
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Place: Conference Room Attendees: CEO, Sales and Marketing Manager, Human Resources Manager, Operations Manager, Administration Manager, Academic Manager, Promotions Officer Apologies: N/A Item Description 1. Present and apologies 2. o Identify, define and analyses business problems and issues o Business Plan o Financial Policy and Procedures o Financial Data 3. o A sensitivity analysis on any proposed options o Profits and Loss Statements for the previous three years. o Staff Survey Results o Customer Feedback 4. Preview Past and Current Business Plan 5. Next meeting Time: 30 minutes Date: January 14, 2020 Place: Conference Room Minute taker: 11 Signed: 11 Date: January 14, 2020 WSC-ABMGBSBINM601-V1.4-20032019 Page | 10 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
3. Open a Dropbox account and take a screenshot of your Dropbox account. Go to Dropbox sign up page https://www.dropbox.com/register My Dropbox Account WSC-ABMGBSBINM601-V1.4-20032019 Page | 11 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
4. Develop a communication plan. Communication Plan Audience Key message Delivery method Frequency and duration of session (if applicable) Reporting process Students 2 New Brisbane campuses, and Adelaide campuses. Adding 2 additional campuses should give students more options Flyers Emails Flyers are put 4 weeks at the reception area All students must receive e- mail 1 time only Report to senior management weekly. Stakeholders Grant them information about expanding the campus . Emails As required Office area Staff The new data management scheme adopted Reports / Presentations Weekly Office area WSC-ABMGBSBINM601-V1.4-20032019 Page | 12 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
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1. Develop an information management policy and procedures. King Edward VII college Information Management Policy and Procedures Purpose Purpose The purpose of the document is to include a simple and easily understood action plan to enforce policies relevant to the Information Management System. Data storage system Cloud data management-the process of integrating data from the cloud application ecosystem of an organization. Digital data management key difference is that all data collection, receipt, and processing takes place in a cloud-based storage medium. That is the Panoply. Data Security By making reinforcement duplicates of information, associations can recover information if it is unintentionally eradicated or defiled, or stolen during a rupture of information. Standard Operating Environment King Edward VII College’s standard operating environment (SOE) is Microsoft Windows. Documentation should be produced using Microsoft Office 2011 or higher. This will ensure portability of files and consistency of operation. Hyperlinks A hyperlink is a word, expression, or picture that you can click on in the current document to move to a new document or a different section. Hyperlinks are present on virtually all Web sites, enabling users to navigate from page to page on their way. Text hyperlinks are mostly blue and highlighted but need not be. If it's text or picture, when you pass the cursor over a hyperlink, the arrow will shift to a small hand pointing at the link. Clicking on it will open a new page or position in the current tab. Hyperlinks are common in Web pages, often referred to as just "links," but can be found in other hypertext documents. They include other encyclopaedias, glossaries, dictionaries and other hyperlink-using references. The links behave the same way they do on the Site, allowing the user to move from one page to another. Hyperlinks essentially allow people to access information at hyper speed. Templates There is no single standard template for documents at King Edward VII College. Writers may use their own formats for documents as long as the following style guide is followed. Note that all letters sent to external parties must be signed by the owner of King Edward VII College. King Edward VII College does not have a single standard template for the documents. Writers can use their own document formats, as long as they adopt the following style guide. WSC-ABMGBSBINM601-V1.4-20032019 Page | 13 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
Remember that the owner of King Edward VII College has to sign all letters sent to outside parties. Data storage system Systems design is the process of defining system elements such as modules, architecture, components and their interfaces and data based on the stated specifications for a system. For a cohesive and well-running system a systematic approach is needed. Bottom-up or Top-Down approach is necessary to take into account all of the system's related variables. Within a system structure that is described by a standardized set of rules and definitions, a designer uses the modelling languages to convey information and knowledge. Page Layout Only A4 paper is to be used for King Edward VII College documents. The page margins must be as follows: All margins (left, right, top and bottom) 2.54cm Header or footer 1.27cm from margin line. Headers and footers Headers are used for all documents of more than one page. They contain the King Edward VII College logo, the title of the document and the title of the current section (if applicable). Footers are used for all documents (except for letters and emails) and must contain the file name, the date and the page number. Appearance The standard font for all King Edward VII College documents is Arial 10pt with 1.15 spacing. Headings should be bolded with Heading 1 in 14pt and Heading 2 in 12pt. PowerPoint slides may be developed using any font or size. Filing All documents must be filed in the appropriate folder on King Edward VII College’s computer system. Current folders are: 1. Administration Invoicing Correspondence Purchase orders 2. Marketing Flyer Special offers Customer correspondence If there is no relevant folder, staff should create a new folder. Folders must be labelled numerically as above. If there are changes to existing folders the above list should be updated with this policy and procedure and sent to staff. WSC-ABMGBSBINM601-V1.4-20032019 Page | 14 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
Archiving folders To ensure that our folders stay up to date, staff are required to regularly archive documents. Each staff member should create a folder called Archive and then sub-folders as per the folders under filing. Archived files should be filed under the relevant sub-folder by date. Back up A typical backup process includes the following steps: choosing the data to be backed up by creating a backup mission. Build a backup schedule by deciding when you want the data to be backed up. Build a backup event by selecting when and how to back up your data to. Privacy The University focuses on: managing its records and information resources; · Implementation and maintenance of appropriate documents and information systems, review and risk of the board meeting the business needs of universities. 6. Save your work i.e. business expansion briefing report, communication plan, information management policy and procedures in your Dropbox and take a screenshot to show all your files and folders. My Dropbox files and folders WSC-ABMGBSBINM601-V1.4-20032019 Page | 15 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
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7. Meet with the management team (your assessor) to obtain feedback on the communication plan and the information management policy. Meeting date 08/16/2020 Meeting time 10 am Meeting participants Meeting notes Feedback on communication plan: Feedback refers to a receiver response in the communication process which gives the communicator an indication of how the message is being received and whether it needs to be changed. Feedback on information management policy: A policy on information management is a collection of guidelines for one category of content. Information management policies allow organizations to monitor and track issues such as how long information is stored, or what actions users may do with that information. Use the feedback received to revise your communication plan and the information management policy and procedures. WSC-ABMGBSBINM601-V1.4-20032019 Page | 16 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
8. Use the feedback you received to revise the communication plan. Revised communication plan Audience Key message Delivery method Frequency and duration of session (if applicable) Location Stakeholders Aware about expansion Discussion forum As required NA Staff About new adopted data storage system. Reports / Presentations Weekly Office area Students Provide them sessions for new campuses in Brisbane and Adelaide. Meetings Once at the start only. Office area WSC-ABMGBSBINM601-V1.4-20032019 Page | 17 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
9. Use the feedback you received to revise the information management policy and procedures. Revised Information management policy and procedures King Edward VII college Information Management Policy and Procedures Purpose Purpose The purpose of the document is to include a simple and easily understood action plan to enforce policies relevant to the Information Management System. Data storage system Cloud data management-the process of integrating data from the cloud application ecosystem of an organization. Digital data management key difference is that all data collection, receipt, and processing takes place in a cloud-based storage medium. That is the Panoply. Data Security By making reinforcement duplicates of information, associations can recover information if it is unintentionally eradicated or defiled, or stolen during a rupture of information. Standard Operating Environment King Edward VII College’s standard operating environment (SOE) is Microsoft Windows. Documentation should be produced using Microsoft Office 2011 or higher. This will ensure portability of files and consistency of operation. Hyperlinks A hyperlink is a word, expression, or picture that you can click on in the current document to move to a new document or a different section. Hyperlinks are present on virtually all Web sites, enabling users to navigate from page to page on their way. Text hyperlinks are mostly blue and highlighted but need not be. If it's text or picture, when you pass the cursor over a hyperlink, the arrow will shift to a small hand pointing at the link. Clicking on it will open a new page or position in the current tab. Hyperlinks are common in Web pages, often referred to as just "links," but can be found in other hypertext documents. They include other encyclopaedias, glossaries, dictionaries and other hyperlink-using references. The links behave the same way they do on the Site, allowing the user to move from one page to another. Hyperlinks essentially allow people to access information at hyper speed. Templates There is no single standard template for documents at King Edward VII College. Writers may use their own formats for documents as long as the following style guide is followed. Note that all letters sent to external parties must be signed by the owner of King Edward VII College. WSC-ABMGBSBINM601-V1.4-20032019 Page | 18 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
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King Edward VII College does not have a single standard template for the documents. Writers can use their own document formats, as long as they adopt the following style guide. Remember that the owner of King Edward VII College has to sign all letters sent to outside parties. Data storage system Systems design is the process of defining system elements such as modules, architecture, components and their interfaces and data based on the stated specifications for a system. For a cohesive and well-running system a systematic approach is needed. Bottom-up or Top-Down approach is necessary to take into account all of the system's related variables. Within a system structure that is described by a standardized set of rules and definitions, a designer uses the modelling languages to convey information and knowledge. Data Security Data protection is a collection of standards and technologies that protect data from damage, alteration or disclosure by deliberate or accidental means. Data protection can be implemented using a number of techniques and technologies, including administrative controls, physical monitoring, logical checks, organizational standards and other techniques that restrict access to unauthorized or malicious users or processes. Page Layout Only A4 paper is to be used for King Edward VII College documents. The page margins must be as follows: All margins (left, right, top and bottom) 2.54cm Header or footer 1.27cm from margin line. Headers and footers Headers are used for all documents of more than one page. They contain the King Edward VII College logo, the title of the document and the title of the current section (if applicable). Footers are used for all documents (except for letters and emails) and must contain the file name, the date and the page number. Appearance The standard font for all King Edward VII College documents is Arial 10pt with 1.15 spacing. Headings should be bolded with Heading 1 in 14pt and Heading 2 in 12pt. PowerPoint slides may be developed using any font or size. Filing All documents must be filed in the appropriate folder on King Edward VII College’s computer system. Current folders are: 1. Administration Invoicing Correspondence Purchase orders 2. Marketing WSC-ABMGBSBINM601-V1.4-20032019 Page | 19 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
Flyer Special offers Customer correspondence 3. Staffing Staff files Human resources policies and procedures Newsletters (file by month) 4. General Policies and Procedures Record keeping policies and procedure Complaints handling policy and procedures 5. Registers Equipment Register Complaints and Feedback Register If there is no relevant folder, staff should create a new folder. Folders must be labelled numerically as above. If there are changes to existing folders the above list should be updated with this policy and procedure and sent to staff. Archiving folders To ensure that our folders stay up to date, staff are required to regularly archive documents. Each staff member should create a folder called Archive and then sub-folders as per the folders under filing. Archived files should be filed under the relevant sub-folder by date. Back up A typical backup process includes the following steps: choosing the data to be backed up by creating a backup mission. Build a backup schedule by deciding when you want the data to be backed up. Build a backup event by selecting when and how to back up your data to. Privacy The University focuses on: managing its records and information resources; · Implementation and maintenance of appropriate documents and information systems, review and risk of the board meeting the business needs of universities. WSC-ABMGBSBINM601-V1.4-20032019 Page | 20 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
Assessment Task 2 – Observation Checklist Student Name Pravesh Shiwakoti Student ID S19253 Assessor Name Zafar Choudhury Assessment Date/s 08/16/2020 Task Meeting Roles (Participants’ details) Outcomes During the meeting, did the student: Satisfactory Yes No Summarise each part of their briefing report? Answer any questions asked by the team members? Seek approval from the management team? Facilitate a decision about which data storage and access system WSC-ABMGBSBINM601-V1.4-20032019 Page | 21 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
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should be adopted by the College? Speak clearly and concisely? Use non-verbal communication to assist with understanding? Ask questions to identify required information? Respond to questions as required? Use active listening techniques to confirm understanding? Comments/Feedback to Student Outcome: Successful Unsuccessful Student Signature: Assessor Name: Zafar choudhury Assessor Signature: Date of Observation: Resubmission Comments/Feedback to Student WSC-ABMGBSBINM601-V1.4-20032019 Page | 22 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
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Outcome: Successful Unsuccessful Student Signature: Assessor Name: Zafar Choudhury Assessor Signature: Date of Observation: Assessment Task 2 – Marking Guide Student Name Pravesh Shiwakoti Student ID S19253 Assessor Name Zafar Choudhury Assessment Date/s 08/16/2020 Outcomes Did the student submit the following? Satisfactory Yes No Business expansion briefing report, including all requirements specified in assessment task Observation Checklist (meeting) Word document with Dropbox screenshot Communication plan Information management policy and procedures Screenshot showing folders and files Revised communication plan Revised policy and procedures Complete and submit deliverables by agreed deadline Performance indicators Did the student: Satisfactory Yes No WSC-ABMGBSBINM601-V1.4-20032019 Page | 23 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
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Review staff survey results, customer feedback and business performance data in order for them to write their Briefing Report? Identify and analyse potential business problems and issues? Identify the information that the Management team required to reach a decision on campus expansion and the new data storage system? Source and gather reliable, relevant information? Describe the reliability and validity of the information that they have collected? Describe, and use, formal and informal networks to access corporate information not held in formal systems? Ensure that the objectives of the report are clear, relevant and consistent with the decisions that are going to be made? Identify patterns and emerging trends and interpret causes and effects? Make statistical analyses and interpretation of financial information? Undertake sensitivity analysis on proposed options? Write documents that reflect a logical approach to evaluating the evidence and drawing conclusions? Create an information management system that meets information processing objectives? Write a report that used valid and reliable information to support decisions? Write risk management plans that include actions that would mitigate the effects of the risk? Evaluate financial data using quantitative methods to assist with the decision-making process? When writing their Briefing Report, consult specialists and other relevant groups and individuals to get relevant, up-to date information? Ensure that decisions are taken within the accountability of the Management Team? Make decisions in accordance with the Financial Policy and Procedures? Ensure that the decisions made are consistent with the company’s organisational objectives, values and standards? Ensure that decisions are taken in a timely manner? During the meeting, demonstrate effective communication skills including: Speaking clearly and concisely Using non-verbal communication to assist with understanding Asking questions to identify required information WSC-ABMGBSBINM601-V1.4-20032019 Page | 24 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
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Responding to questions as required Using active listening techniques to confirm understanding Ensure that the stakeholders’ information needs are documented and are relevant to their location, format and time line requirements? Document information and update databases regularly? Design and test the new data storage system to ensure that the information requirements of decision makers are met? Ensure that the information that they use up-to-date, accurate, relevant and sufficient for the recipient? Develop communication plans and disseminate these? Adhere to the company’s confidentiality and privacy policies in the transmission of information? Review and update communication plans regularly? Use technology that provides optimum efficiency and quality? Use the Dropbox account to maintain corporate knowledge and ensure security? Comments/Feedback to Student Outcome: Successful Unsuccessful Student Signature: Assessor Name: Zafar Choudhury Assessor Signature: WSC-ABMGBSBINM601-V1.4-20032019 Page | 25 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
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Resubmission Comments/Feedback to Student Outcome: Successful Unsuccessful Student Signature: Assessor Name: Zafar Choudhury Assessor Signature: Summary of Changes Date Change 02/04/2018 Full Version 1.0 Marking Guide J&S Learning Material Version 06/04/2018 Full Version 1.1 Marking Guide Contextualized J&S Learning Material Version 10/04/2018 Full Version 1.2 Marking Guide Version Control updated to align with other materials 13/02/2019 Full Version 1.3 Marking Guide Version Control updated to align with other materials Included ‘Resubmission Comments/Feedback to Student’ 20/03/2019 Full Version 1.4 Answer Booklet & Marking Guide Version Control updated to align with other materials Separated each task of the Marking Guide and combined with Study Support Guide. Renamed the document as ‘Answer Booklet and Marking Guide’. WSC-ABMGBSBINM601-V1.4-20032019 Page | 26 International College of Australia Pty Ltd T/A Western Sydney College RTO: 45360 | CRICOS: 03690M
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