Course Title: Undertake small business planning

Part B: Course Detail

Teaching Period: Term1 2022

Course Code: BUSM8839C

Course Title: Undertake small business planning

Important Information:

Please note that this course may have compulsory in-person attendance requirements for some teaching activities.

To participate in any RMIT course in-person activities or assessment, you will need to comply with RMIT vaccination requirements which are applicable during the duration of the course. This RMIT requirement includes being vaccinated against COVID-19 or holding a valid medical exemption.

Please read this RMIT Enrolment Procedure as it has important information regarding COVID vaccination and your study at RMIT: https://policies.rmit.edu.au/document/view.php?id=209.

Please read the Student website for additional requirements of in-person attendance: https://www.rmit.edu.au/covid/coming-to-campus


Please check your Canvas course shell closer to when the course starts to see if this course requires mandatory in-person attendance. The delivery method of the course might have to change quickly in response to changes in the local state/national directive regarding in-person course attendance.

School: 530T Built Environment and Sustainability

Campus: City Campus

Program: C6161 - Advanced Diploma of Building Design (Architectural)

Course Contact: Catherine Ciavarella

Course Contact Phone: +61 3 9925 4819

Course Contact Email: catherine.ciavarella@rmit.edu.au


Name and Contact Details of All Other Relevant Staff

Sukant Arora

sukant.arora@rmit.edu.au

Nominal Hours: 50

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

NA

Course Description

This unit describes the performance outcomes, skills and knowledge required to research and develop an integrated business plan for achieving business goals and objectives.
Specific legal requirements apply to the management of a small business.
 


National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

BSBSMB404 Undertake small business planning

Element:

Develop a business plan

Performance Criteria:

2.1. Research resources, legal and compliance requirements, specifically in relation to occupational health and safety  (OHS ), in accordance with business goals and objectives

2.2. Research market needs, and market size and potential

2.3. Identify sources and costs of finance, from the financial plan , to provide required liquidity and profitability for the business

2.4. Identify methods, from the marketing strategies , to promote the market exposure of the business

2.5. Identify methods/means of production/operation from the production /operations plan  to conform with business goals and objectives

2.6. Identify staffing requirements  to effectively produce/deliver products/services

2.7. Identify specialist services  and sources of advice, where required, and cost in accordance with resources available

Element:

Develop strategies for minimising risks

Performance Criteria:

3.1. Identify specific interests and objectives of relevant people  and seek and confirm their support of the planned business direction

3.2. Identify and develop risk management strategies  according to business goals and objectives, and relevant legal requirements

3.3. Develop contingency plan  to address possible areas of non-conformance with the plan

Element:

Identify elements of the business plan

Performance Criteria:

1.1. Identify purpose of the business plan 

1.2. Identify and review the essential components of the business plan

1.3. Identify and document business goals and objectives  as a basis for measuring business performance

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.


Details of Learning Activities

This unit is co-delivered with Apply project risk management techniques BUSM8849C to support the required knowledge and skills in the context of working in a building design practice.

Delivery is online via Canvas with weekly teacher led topic discussions as scheduled.

Attendance in all scheduled lectures is expected for successful completion of this course.

Additionally students will engage in self-directed learning activities and assessments including:

  • defining the elements of small business planning,
  • business and market research,
  • legislation, financials,
  • documentation and risk management.

Students will be referred to a range of current online State and National small business planning resources and document templates to support the development of their Assessment Tasks, which includes a small business plan.

_________________________________________________


Teaching Schedule

This is a general outline only and may not reflect the timetabled classes, public holidays, mid-semester breaks or other factors that affect the delivery.
The Canvas shell contains a more detailed teaching schedule and must be referred to on a regular (weekly) basis.
Further updates may be communicated via Canvas Announcements by your teacher or the course coordinator.
While all course content will be delivered, the order and mode of delivery may change.

week topic assessments
W-01 INTRODUCTION AT-01 ISSUE
W-02

W-03

W-04
AT-01 PARTICIPATION ASSESSMENT
W-05

W-06 PUBLIC HOLIDAY
 AT-01 SUBMISSION
W-07
AT-02 ISSUE
W-08

W-09
AT-02 SUBMISSION
W-10
AT-03 ISSUE
- MID-SEMESTER BREAK
W-11 PUBLIC HOLIDAY
W-12

W-13

W-14

W-15

W-16
AT-03 SUBMISSION

_________________________________________________



Learning Resources

Prescribed Texts


References


Other Resources

Refer to Canvas for unit specific resources.

RMIT Library:
Library Subject Guides: Architecture, Building Design and Urban Design
https://rmit.libguides.com/architecturebuildingandurbandesign

including:

  • Australian Standards Online (SAI Global)
  • Acumen (Australian Institute of Architects) and more...


RMIT Study Support  
https://www.rmit.edu.au/students/study-support/study-support-hub 

including:

  • One-on-one consultations
  • Peer mentoring
  • Studiosity
  • Learning Lab and more...

_________________________________________________


Overview of Assessment

Assessment for this course is ongoing throughout the semester. Your knowledge and understanding of course content is assessed through participation in class exercises, oral presentations and through the application of learned skills and insights to your written tasks. Full assessment briefs will be provided and can be found on CANVAS.


Assessment Tasks

Students enrolled in Vocational Education and Training qualifications are assessed for Competency.

To be assessed as Competent you must consistently demonstrated the required knowledge and skills at a standard expected in the workplace.

To be assessed as Competent in this course, you will need to complete all Assessment Tasks, to a satisfactory standard, across a range of assessment criteria, in a timely manner.

_________________________________________________

There are three Assessment Tasks in this course:

  • AT-01 - Knowledge Test - KNOWLEDGE
  • AT-02 - Feasibility Study - PRODUCT
  • AT-03 - Business Plan - PRODUCT

Refer to the Assessment Tasks in Canvas for further details.

Refer to the Teaching Schedule in Canvas for submission dates and times.

_________________________________________________

You will receive feedback on the assessment tasks as perRMIT Assessment Feedbackguidelines.

The feedback will be provided in a manner that responds to the delivery method and cohort size.

Students are expected to engage with, and respond to, all forms of feedback provided.

_________________________________________________

There may be re-submission opportunities for assessments not meeting a satisfactory standard across all assessment criteria if the student has;

  • demonstrated a commitment to their learning,
  • has worked with integrity, and
  • has produced sufficient work in a timely manner.

Refer to the Assessment Tasks in Canvas for specifics.

_________________________________________________

Final grades for courses in Vocational Education at RMIT are as follows:

  • CA: Competency Achieved
  • NYC: Not Yet Competent
  • DNS: Did not Submit for assessment

_________________________________________________


Assessment Matrix

The Assessment Matrix demonstrates alignment of assessment tasks with the relevant unit of competency.

These mapping documents are available through the Program Administration if required.  

_________________________________________________

Other Information

The links below are to various parts of the RMIT website and should be referred to on a regular basis until familiarity with them is achieved.

Academic Integrity:
https://www.rmit.edu.au/students/student-essentials/rights-and-responsibilities/academic-integrity

Academic Progress:
https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/academic-progress

Appeals:
https://www.rmit.edu.au/students/student-essentials/rights-and-responsibilities/appeals

Apply for Credit:

  • Credit Transfer is the recognition of previously completed formal learning (an officially accredited qualification). 
  • Recognition of Prior Learning (RPL) is an assessment process that allows you to demonstrate competence using the skills you have gained through experience in the workplace, voluntary work, informal or formal training or other life experiences.   

Please speak to your teacher if you wish to discuss applying for Credit Transfer or RPL for the unit(s) of competency addressed in this course. 
https://www.rmit.edu.au/students/student-essentials/enrolment/apply-for-credit 

Assessment (including submission):
https://www.rmit.edu.au/students/my-course/assessment-results/assessment

Attendance:
Your learning experience will involve class-based teaching, discussion, demonstration and practical exercises.  
It is expected that you will attend all timetabled sessions and engage in the required learning activities.
This is the only way to ensure you maximise your opportunity to complete this course successfully. 

Employability skills:
http://mams.rmit.edu.au/m1ad83koqygu.pdf

Extensions and special consideration:
https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/adjustments-to-assessment

Student Charter:
https://www.rmit.edu.au/students/student-life/rights-responsibilities/charter

Student Responsibilities:
https://www.rmit.edu.au/students/student-life/rights-responsibilities/statement

_________________________________________________

Course Overview: Access Course Overview