Course Title: Develop and manage a budget

Part A: Course Overview

Program: C5349 Diploma of Live Production and Technical Services

Course Title: Develop and manage a budget

Portfolio: DSC Portfolio Office

Nominal Hours: 80

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.

Course Code




Learning Mode

Teaching Period(s)


City Campus


345T Media and Communication


Term1 2017

Course Contact: Program Administration

Course Contact Phone: +61 3 9925 4815

Course Contact Email:

Course Description

The ability to understand budgeting processes is a crucial skill required for work in the live production, events and audiovisual industries.

In this course you will learn to collect and analyse information and apply sound accounting principles to the development and ongoing management of a budget for a live production or event.

Pre-requisite Courses and Assumed Knowledge and Capabilities


National Competency Codes and Titles

National Element Code & Title:

FNSORG501 Develop and manage a budget


1. Plan for and collect information for budget

2. Develop budget

3. Finalise budget and allocate resources

4. Monitor and control budget

5. Complete financial and statistical reports

Learning Outcomes

On successful completion of this course you will have developed and applied the skills and knowledge required to demonstrate competency in the above elements.

Through the application of these skills and this knowledge, you will be able to:

  • Plan for and collect information for a budget for a live production or event
  • Develop the budget
  • Finalise the budget and allocate resources

Overview of Assessment

Assessment for this course will involve demonstration of practical tasks and testing of your knowledge.