Purpose of the assessment task

This assessment task is designed to evaluate student’s following skills and abilities:

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  Skill to negotiate and incorporate agreed modification in the budget based on organisational policy and procedures.
  

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  Skill to prepare final budget in clear format within designated timelines and inform the affected colleagues with final budget decisions and relevant work areas, roles and responsibilities.
  

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  Skill to review budget regularly and check the performance and prepare accurate financial reports.
  

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  Skill to incorporate all financial commitments and investigate and take appropriate action to handle significant deviations.
  

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  Skill to analyse internal and external changes and adjust the budget accordingly.
  

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  Skill to collect and record relevant information to help in future project’s budget preparation.
  

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  Reading skills to collect, review, interpret/understand and analyse/review text-based business information from a range/number of sources.
  

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  Written and oral/speech communication skills to organise and deliver information to effectively communicate on document design and development processes to a range of stakeholders/interested people.
  

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  Numeracy/numbers- mathematical skills to interpret/understand mathematical data when reviewing and analysing scenario/setting-situation business information.
  

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  Skills to work independently/freely as well as collaboratively/together to make decisions about managing document design and development.
  

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  Skills to interact/cooperate with others using appropriate conventions/systems when communicating to, and consulting/discussing with stakeholders/interested parties.
  

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  Ability/Skills to sequence/in order and schedule/plan activities and manage communication
  

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  Skills to analyse relevant/appropriate information to identify scope/range of work, goals and objectives and to evaluate/review options/other choices.
  

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  Skills to use familiar/known digital technology to access/get to information, document findings/results and communicate them to stakeholders.