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The Register of Regulated Qualifications

View Unit : Agree a budget

Unit
Unit Reference Number
J/601/2552
Qualification Framework
QCF
Title
Agree a budget
Unit Level
Level 3
Unit Sub Level
None
Guided Learning Hours
25
Unit Credit Value
4
Date of Withdrawal
SSAs
15.2 Administration
Unit Grading Structure
Pass
Assessment Guidance

N/A.

Learning Outcomes and Assessment Criteria
Learning Outcome - The learner will:Assessment Criterion - The learner can:
1

Understand how to develop budgets

1.1

Explain how to use estimations when developing a draft budget

1.2

Explain how to identify priorities and financial resources needed when preparing a budget

1.3

Explain the purpose and benefits of identifying priorities when preparing a budget

1.4

Explain the purpose and benefits of evaluating and justifying estimated costs and income

1.5

Describe procedures for negotiating superseded budgets

1.6

Describe skills needed for agreeing budgets

2

Be able to agree a budget

2.1

Identify financial resources needed to achieve goals and objectives for agreeing a budget

2.2

Evaluate and justify costs and risks

2.3

Prepare a draft budget

2.4

Negotiate and agree a budget

Equivalent Units
There are no equivalences to display.
2.1.3.0L