Phone +61 8 9225 7588
Training
Business Management
Manage Budgets and Financial Plans within
Course Aim/Objectives:This unit specifies the outcomes required for financial management within a work team in an organisation. This includes planning and implementing financial management approaches, supporting team members, monitoring and controlling finances, and reviewing and evaluating effectiveness of financial management processes in line with organisational objectives.
Learning Outcomes
Upon completion of this unit the participants will be able to:
- Plan financial management approaches;
- Implement financial management approaches;
- Monitor and control finances;
- Review and evaluate financial management processes
Content
- Budget/financial plans are accesses
- Agreed budgetary and financial plans are negotiated, and communicated to relevant people;
- Resources to manage financial management processes in the team are identified and acquired;
- Reporting processes implemented;
- Financial performance monitored and reported;
- Contingency plans designed and implemented if necessary;
- Data and information management processes implemented to monitor and evaluate effectiveness;
- Improvements identified, and agreed upon for future planning
Assessment
Assessment of your learning occurs in a number of different ways. These are the features in the assessment process.
- You will assess your own progress individually or in a group with peers following the various activities and self-tests in the unit.
- Your facilitator will monitor your completion of the set activities, and check that you have completed the requirements. These activities and exercises will form evidence for your final assessment.
- Your facilitator will be responsible for verifying that your performance has met the statement requirements.
- You will need to keep any written work or other evidence to form a portfolio for assessment.
- A workplace portfolio is the most appropriate and relevant method to demonstrate transfer of knowledge and skills from the classroom to the workplace
Award / Credential
Upon successful completion of all assessment requirements participants will receive a Statement of Attainment.
Contact
Leader Group Training Services on +61 8 9225 7588 or email info@leadergroup.com.au
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