SITXFIN005 - Analyse Numerical Information - Improvement for a Physical Asset - Management Assignment Help

Assignment Task :

Assessnent 1. (SITXFIN005)

The summative assessments are the major activities designed to assess your skills, knowledge and performance, as required to show competency in this unit. These activities should be completed after finishing the Learner Guide. You should complete these as stated below and as instructed by your trainer/assessor.

Skills, knowledge and performance may be termed as:

• Skills – skill requirements, required skills, essential skills, foundation skills
• Knowledge – knowledge requirements, required knowledge, essential knowledge, knowledge evidence
• Performance – evidence requirements, critical aspects of assessment, performance evidence.

SUMMATIVE ASSESSMENT 1 Skills Activity

The Skills Activity is designed to be a series of demonstrative tasks that should be assessed by observation (by the assessor or third party, depending on the circumstances).

It will demonstrate all of the skills required for this unit of competency – your assessor will provide further instructions to you, if necessary.

SUMMATIVE ASSESSMENT 2 Knowledge Activity (Q & A)

The Knowledge Activity is designed to be a verbal questionnaire where the assessor asks you a series of questions to confirm your competency for all of the required knowledge in the unit of competency.

SUMMATIVE ASSESSMENT 3  Performance Activity

The Performance Activity is designed to be a practical activity performed either in the workplace or a simulated environment. You should demonstrate the required practical tasks for the unit of competency and be observed by the assessor and/or third party, as applicable to the situation. If the third party is required to observe you, you will need to make the required arrangements with them.

If necessary for the activities, you should attached completed written answers, portfolios or any evidence of competency to this workbook.

Answer the activity in as much detail as possible, considering your organisational requirements.

1. Read a complex asset description and explain the meaning of it to another learner.
2. With another learner, roleplay negotiating the price and conditions of an asset. Take turns playing the role of buyer and the seller.
3. Analyse numerical information about an asset and explain the meaning of it to another learner.
4. Identify an issue or problem in the workplace. Research a new physical asset which may solve it and enhance the business’s performance. Give details of it.
5. With other learners, discuss a proposed improvement for a physical asset that you identified in a previous question.

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