Learner Assessment Packs Learner Assessment Pack Task 2: Consult Stakeholders and Present Budget Recommendations Update the Agreement Reached With Stakeholders on Budget Recommendations in the Financial and Business Requirements Plan with the items agreed with stakeholders. Discuss the financial and business information clearly using language suitable to the ASSESSMENT INSTRUCTIONS stakeholders. Your assessor will observe you as you consult at least three stakeholders about the financial and Use listening techniques to confirm the stakeholders' understanding. business information you forecast in Workplace Assessment Task 1, and present your Use questioning techniques to confirm the stakeholders' understanding. recommendations. Review the following before starting this task: Stakeholders refer to people who can impact or are impacted by the Financial and Business Requirements Plan you prepared in Workplace Assessment Task 1. ~ . Workplace Assessment Task 2 - Assessor's Checklist Access and review the Financial and Business Requirements Plan you prepared in Workplace Workplace Assessment Task 2 - Observation Form Assessment Task 1.+ These forms outline the following: You will be assessed on your practical skills to: Resources you are required to access to complete the task. Present the budget or modified forecast recommendations and assessment indicators you All criteria your submission must address to satisfactorily complete this task.~ prepared in the Financial and Business Requirements Plan, to at least three stakeholders, All practical skills you need to demonstrate to satisfactorily complete the observation task. ~ including: Submit the updated Financial and Business Requirements Plan to your assessor. This must include At least two financial advisers the agreed budget expenditure for each performance assessment indicator identified in the report. + o At least one other stakeholder Seek feedback from the stakeholders on the financial and business information you presented. Collaborate and negotiate each budget recommendation with the stakeholders. Reach agreement on at least all of the following: Financial decisions: Operating Expenses . Cash flow from operating activities Cash flow from financing activities o Investing decisions, including cash flow from investing activities o How each decision will improve financial returns of the organisation