Course Title: Undertake small business planning
Part B: Course Detail
Teaching Period: Term2 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
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.
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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 | AT-01 SUBMISSION | |
W-07 | AT-02 ISSUE | |
W-08 | ||
- | MID-SEMESTER BREAK | |
- | MID-SEMESTER BREAK | |
W-09 | AT-02 SUBMISSION | |
W-10 | AT-03 ISSUE | |
W-11 | ||
W-12 | ||
W-13 | ||
W-14 | ||
W-15 | ||
W-16 | PUBLIC HOLIDAY | AT-03 SUBMISSION |
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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...
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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.
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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.
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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.
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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.
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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
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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.
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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
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Course Overview: Access Course Overview