Unit assessment pack (uap)



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SITXFIN004 Unit Assessment Pack (2)










Assessment Task 2 - Unit Project (UP) – Preparation of draft budget


Instructions to complete this assessment task:

  • Please write your responses in the template provided.

  • You may attach a separate sheet if required.

  • You must include the following particulars in the footer section of each page of the attached sheets:

  • You must staple the loose sheets together along with the cover page.

  • You must attach the loose sheets chronologically as per the page numbers.

  • Correction fluid and tape are not permitted. Please do any corrections by striking through the incorrect words with one or two lines and rewriting the correct words.

  • This assessment task requires you to prepare draft budget for a charity event.

  • You must identify the scope and nature of required budget and the data and data source for budget preparation.

  • You must analyze potential impact on budget by internal and external factors.

  • You must conduct discussion session with colleagues and required stakeholders to get input during budget planning process.

  • Instructor and two (2) students will act as the stakeholders (Finance manager, Food and beverage manager, event committee chair) for the discussion session.

  • For this discussion, you will pair up with two (2) students and Instructor, assigning designated roles to each person. At the conclusion of the scenario, each student will switch with the other students to ensure everyone experiences each role fully. If there is an insufficient number of students, the trainer will assume multiple roles for the scenario, rotating roles at the conclusion of each exercise. If the student is required to participate in multiple roles for the exercise, they will also switch after each round, of the role play scenario.

  • You must draft budget with estimated income and expenditures based on valid, reliable and relevant information.

  • You must reflect organizational objectives while drafting budget.

  • You must analyze and provide options and recommendations on the budget in clear format and circulate it to the relevant stakeholders for their input.

  • You must use MS Excel while preparing the budget for the event.

Resources required to complete the assessment task:



  • Computer

  • MYOB

  • Internet

  • MS Word

  • Printer or e-printer

  • Adobe acrobat/reader

  • Learning management system




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