Course Title: Manage budgets and financial plans

Part A: Course Overview

Program: C5298 Diploma of Property Services (Asset and Facility Management)

Course Title: Manage budgets and financial plans

Portfolio: SEH Portfolio Office

Nominal Hours: 70

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

ACCT5299C

City Campus

TAFE

130T Vocational Engineering

Face-to-Face or Internet

Term2 2014,
Term2 2015,
Term2 2016

Course Contact: Thierry Demathieu

Course Contact Phone: +61 3 9925 8359

Course Contact Email: Thierry.Demathieu@rmit.edu.au



Course Description

This unit describes the performance outcomes, skills and knowledge required to undertake financial management within a work team in an organisation. This includes planning and implementing financial management approaches, supporting team members whose role involves aspects of financial operations, monitoring and controlling finances, and reviewing and evaluating effectiveness of financial management processes in line with the financial objectives of the work team and the organisation. No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement.

Pre-requisite Courses and Assumed Knowledge and Capabilities

Nil



National Competency Codes and Titles

National Element Code & Title:

BSBFIM501A Manage budgets and financial plans

Elements:

1. Plan financial management approaches

2. Implement financial management approaches

3. Monitor and control finances

4. Review and evaluate financial management processes


Learning Outcomes

Refer to elements


Overview of Assessment

Assessment may incorporate a variety of methods including written/oral activities and demonstration of practical skills to the relevant industry standards. Participants are advised that they are likely to be asked to personally demonstrate their assessment activities to their teacher/assessor. Feedback will be provided throughout the course.

Assessment Tasks

Students must pass each of the following assessment tasks to demonstrate competent.

Assessment

Weight %

Assessment 1

Create a budget

33

Assessment 2

Prepare a report

33

Assessment 3

Prepare a report

34

These tasks assesses the following Course Learning Outcomes (CLOs):

Assessment Matrix

Element / Performance Criteria Covered

Assessment 1

Assessment 2

Assessment 3

1.1

X

 

 

1.2

X

 

 

1.3

X

 

 

1.4

X

 

 

2.1

X

X

X

2.2

 

X

 

2.3

 

X

 

3.1

 

X

 

3.2

 

X

X

3.3

 

 

X

3.4

 

X

 

4.1

 

X

 

4.2

 

X

 

4.3

 

 

X

To be deemed competent you must demonstrate an understanding of all aspects required of the competency. Assessment methods have been designed to measure your achievement of each competency in a flexible manner over multiple tasks.