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Task 1: Allocate Budget Resources ASSESSMENT INSTRUCTIONS Your assessor will observe you as you discuss fund allocation of the organisation with at least two relevant
Task 1: Allocate Budget Resources ASSESSMENT INSTRUCTIONS Your assessor will observe you as you discuss fund allocation of the organisation with at least two relevant colleagues: Before starting this task, you must access and review the following: . Organisational operating procedures . Workplace documents and/or sources of information on the following: o Organisation's three-month budget o Staff and rostering requirements o Existing suppliers of the organisation You will be assessed on your practical skills to: . Discuss fund allocation of the organisation with at least two relevant colleagues. Colleagues refer to members of the organisation who are responsible for implementation of activities based on allocated budget. Discussion must include the following: o The organisation's three-month operational budget. o The organisation's current operating procedures o Identify at least one priority for each operational factors of the organisation: . Staff requirement . Rostering requirement . Operating needs . Existing supplier requirement . New supplier requirement o Identify at least two changes for each of the following based on priorities identified: . Organisational income . Organisational expenditure o Finalise fund allocation for the following priorities for a three-month budget: . Staff requirement . Rostering requirement . Operating needs . Existing supplier requirement . New supplier requirement . Record discussion of fund allocation Review the following before starting this task: . Workplace Assessment Task 1 - Assessor's Checklist . Workplace Assessment Task 1 - Observation Form These forms outline the following: . Resources you are required to access to complete the task. . All criteria your submission must address to satisfactorily complete this task. . All practical skills you need to demonstrate to satisfactorily complete the observation task. Submit the evidence of fund allocation to your assessor. Evidence must be at least one of the following: . Pictures of budget allocation sheet
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