Course Title: Develop a budget

Part B: Course Detail

Teaching Period: Term1 2012

Course Code: ACCT5274C

Course Title: Develop a budget

School: 320T Design (TAFE)

Campus: Brunswick Campus

Program: C5230 - Diploma of Graphic Design

Course Contact : Meave Queally

Course Contact Phone: +61 3 9925 9438

Course Contact

Name and Contact Details of All Other Relevant Staff

Nominal Hours: 30

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.

Pre-requisites and Co-requisites

None required, however this unit is run in a clustered delivery with BSBSBM403A Promote the business.

Course Description

In this unit you will develop the skills and knowledge required to plan and develop a budget for an industry specific project.

National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

CUEFIN01B Develop a budget


1. Plan for a budget

Performance Criteria:

1.1 Confirm the scope and nature of the activity for which budget is being developed with the appropriate personnel, including any guidelines or directives for budget development
1.2 Correctly identify, access and analyse data required for budget preparation
1.3 Analyse internal and external environmental factors to identify potential impacts on budget
1.4 Determine budget parameters with estimates, based on research, consultation and negotiation with the appropriate personnel and organisation/project objectives
1.5 Provide relevant colleagues with the opportunity to contribute to the budget planning process


2. Develop and prepare budget

Performance Criteria:

2.1 Draft budget based on analysis of all available information and in accordance with organisational policy
2.2 Clearly identify and support income and expenditure estimates with valid, reliable and relevant information
2.3 Assess and present options when appropriate
2.4 Present recommendations clearly, concisely and in an appropriate format
2.5 Circulate draft budget to the appropriate personnel for comment at the appropriate time
2.6 Agree and incorporate modifications accurately and in consultation with colleagues
2.7 Negotiate final budget in accordance with organisational procedures and policies
2.8 Complete the final budget in required format within an agreed timeframe
2.9 Inform appropriate personnel of the budget and its application within the relevant area of work, including reporting and financial management responsibilities

Learning Outcomes

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

Details of Learning Activities

Learning activities will include:
• In class activities
• Small group work
• Exercises and projects
Some learning activities will include a self directed learning approach. Self-directed learning refers to organised teacher-directed learning activities that you will undertake independently, either as individuals or with other students. This may include workplace research, library assignments, fieldwork and work placements
On your timetable, BSBSBM403A (Promote the business) and CUEFIN01B (Develop a budget) will be referred to as Business 2.

Teaching Schedule

 Timeline and assessment matrix 
WeekActivityPerformance criteria
9Introduction to Budget Brief
 Promotional activities, activation, scope and budgeting
12Budget Brief
Preparing a budget - an overview
13 Budget Brief
Confirming the brief, scoping the project, agreeing on milestones, identifying the measurements of success
 1.2, 1.3
14 Budget Brief
Managing a complex design project –  the importance of clarity in communication, challenges within the scope, timing, a changing brief and managing a difficult client
2.1, 2.2, 2.3, 2.6, 2.7
15 Budget Brief
The budget detail – working with internal  team members and external service providers
Student directed learning involving research and preparation of budget presentation
 1.4, 1.5, 2.9
16 Budget Brief
Presenting a budget
 2.4, 2.5, 2.8
17 Test 1.1 - 2.9
18 Recap 1.1 - 2.9

Learning Resources

Prescribed Texts


Other Resources

Overview of Assessment

Assessment is on-going throughout the course. Assessment will incorporate a range of methods to assess performance and the application of knowledge and skills and will include:
A project and exercises
An assessment charter summarises your responsibilities as an RMIT student as well as those of your teachers.

Assessment Tasks

I x Brief
1 x Test

Assessment Matrix

Other Information

Employability skills are “embedded” in the units of competency in your program. This means that you will be able to develop these skills as part of your learning, and when you demonstrate that you are competent in your particular job skills and knowledge, you are also demonstrating that you have developed relevant employability skills.
For more information about Employability Skills please refer to the Program Guide.

The major learning experience involves studio based exercises, demonstration and production. It is strongly advised that students attend all sessions in order to engage in the required learning activities, ensuring the maximum opportunity to gain the competency.

Late submissions and single item extensions
In all courses marks are deducted for late submission unless Special Consideration or an Application for Extension is sought. If a student feels they may miss a deadline for a single item submission they may negotiate an extension with their teacher. They must negotiate the extension by the due date of submission. They must complete the Application for Extension form available for the Administration Office on level 1 B515. (This does not apply where there are a number of missed submissions due to general difficulties – see Special Consideration).

Cover Sheet for Submissions
All students must complete a submission cover sheet for ever piece of submitted work. This signed sheet acknowledges they are aware of the plagiarism implications noted below. Plagiarism is the presentation of the work, idea or creation of another person as though it is your own. It is a form of cheating and is a very serious academic offence that may lead to expulsion from the University. Plagiarised material can be drawn from, and presented in, written, graphic and visual form, including electronic data and oral presentation. Plagiarism occurs when the origin of the material used is not appropriately cited. Is also occurs through enabling plagiarism, which is the act of assisting or allowing another person to plagiarise or to copy your own work. Please make sure you consider this carefully in completing all your work and assessments in this course and if you are unsure about whether you might have plagiarised, seek help from your teacher.

Work not seen in progress
If a student hands in any work that the teacher has never seen in class or discussed with the student prior to the submission, the teacher can refuse to assess the work on the basis of authentication issues. Course guide is subject to change in relation to project variations.

Course Overview: Access Course Overview