Course Title: Manage resources

Part A: Course Overview

Program: C6143

Course Title: Manage resources

Portfolio: BUS

Nominal Hours: 80.0

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

Campus

Career

School

Learning Mode

Teaching Period(s)

ACCT5366C

City Campus

TAFE

650T Vocational Business Education

Face-to-Face or Internet

Course Contact: Sylvia Baroutis

Course Contact Phone: +61 3 9925 5469

Course Contact Email: sylvia.baroutis@rmit.edu.au


Course Description

This unit describes the skills and knowledge required to manage resources in accordance with planned business strategies. It includes analysing resource requirements, developing resource plans, allocating resources, and reviewing and reporting on resource usage.

It applies to individuals who have a role in allocating and monitoring the use of physical and/or human resources to meet defined business objectives.


Pre-requisite Courses and Assumed Knowledge and Capabilities

None



National Competency Codes and Titles

National Element Code & Title:

BSBMGT622 Manage resources

Elements:

1. Analyse resource requirements

2. Develop resource plans to support achievement of business unit objectives

3. Allocate resources to achieve stated business objectives

4. Review and report on resource usage

Learning Outcomes


Overview of Assessment

In order to achieve competency in this unit, you must provide:

Performance Evidence

 Evidence of the ability to: 

  • consult with relevant stakeholders and analyse information to determine the nature and level of resource required to achieve business objectives
  • plan for, acquire and allocate the resources, incorporating strategies to maximise efficiency and manage risk
  • develop and implement systems to:
    • incorporate efficient use of resources into work practices
    • monitor resource use against budgets and business objectives
  • prepare reports that clearly indicate the level of performance achieved and any adjustments needed to achieve service and product delivery standards.   

Knowledge Evidence

To complete the unit requirements safely and effectively, you must:

  • outline the legislative and regulatory context of the organisation in relation to managing resources
  • explain financial management and budgetary processes in the organisation in relation to resource acquisition
  • explain typical risks associated with managing business resources and possible risk management strategies
  • outline key elements and sources of information needed in a system to monitor usage for:
    • physical resources
    • human resources.

Assessment Conditions

Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the management and leadership field of work and include access to:

  • relevant legislation, regulations, standards and codes
  • workplace documentation and resources
  • case studies and, where possible, real situations
  • interaction with others.  

You are advised that you are likely to be asked to personally demonstrate your assessment work to your teacher to ensure that the relevant competency standards are being met.

Feedback

Feedback will be provided throughout the semester in class and/or online discussions.  You are encouraged to ask and answer questions during class time and online sessions so that you can obtain feedback on your understanding of the concepts and issues being discussed. Finally, you can email or arrange an appointment with your teacher to gain more feedback on your progress.

You should take note of all feedback received and use this information to improve your learning outcomes and final performance in the course.