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Unit of competency details

BSBATSIW515 - Secure funding (Release 1)

Summary

Usage recommendation:
Current
Mapping:
MappingNotesDate
Supersedes and is equivalent to BSBATSIW515C - Secure fundingUpdated to meet Standards for Training Packages 24/Mar/2015

Release Status:
Current
Releases:
ReleaseRelease date
1 1 (this release) 25/Mar/2015


Training packages that include this unit

Qualifications that include this unit

Classifications

SchemeCodeClassification value
ASCED Module/Unit of Competency Field of Education Identifier 080301 Business Management  

Classification history

SchemeCodeClassification valueStart dateEnd date
ASCED Module/Unit of Competency Field of Education Identifier 080301 Business Management  30/Jul/2015 
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Unit Of competency

Modification History

Release 

Comments 

Release 1

This version first released with BSB Business Services Training Package Version 1.0.

Application

This unit describes the skills and knowledge required to locate funding sources, make submissions and lobby to maximise the organisation’s chances of securing funds for its activities.

It applies to individuals responsible for monitoring and guiding the activities of the organisation and securing funding for it to be able to undertake these activities.

No licensing, legislative or certification requirements apply to this unit at the time of publication.

Unit Sector

Regulation, Licensing and Risk – ATSI Governance

Elements and Performance Criteria

ELEMENT 

PERFORMANCE CRITERIA 

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1 Identify and contact funding bodies

1.1 Identify and investigate mainstream and Aboriginal and Torres Strait Islander funding sources

1.2 Gather information about potential funding bodies’ priorities, key areas and expected outcomes

1.3 Clearly explain organisational funding requirements to potential funding bodies

2 Prepare case for funding

2.1 Form team to oversee funding submission

2.2 Delegate tasks to staff if appropriate

2.3 Determine if consultant services should be engaged to provide technical assistance preparing case for funding

2.4 Ensure a proposal is prepared that meets funding body’s objectives, criteria and submission requirements

2.5 Ensure all existing financial obligations with respect to the funding body are up-to-date

3 Promote case for funding

3.1 Use networks to lobby funding body where appropriate

3.2 Seek representation with funding body if necessary

3.3 Advise key people of progress and outcome of submission

4 Appeal if necessary

4.1 Identify relevant appeal authorities and procedures for funding bodies

4.2 Determine whether an appeal should be made if funding submission is unsuccessful

4.3 Use the appeal system if required

Foundation Skills

This section describes language, literacy, numeracy and employment skills incorporated in the performance criteria that are required for competent performance.

Skill 

Performance 

Criteria 

Description 

Reading

1.1, 1.2, 2.4, 2.5, 4.1

  • Interprets textual information obtained from a range of sources and determines how content may be applied to individual and organisational requirements

Writing

1.1-1.3, 2.4, 2.5, 3.3

  • Integrates information from a number of sources and develops content that support purposes and format of the material using grammatical structure and clear and logical language

Oral Communication

1.3, 2.1, 2.2, 3.1-3.3

  • Participates in a variety of culturally appropriate spoken exchanges to work cooperatively with staff and key stakeholders
  • Applies relevant listening skills to ensure views of all relevant stakeholders are heard and treated with respect

Numeracy

1.1-1.3, 2.4, 2.5

  • Selects and interprets familiar mathematical information to evaluate statistical data, financial obligations and funding requirements

Navigate the world of work

2.4, 2.5

  • Monitors adherence to organisational policies and procedures and considers own role in terms of its contribution to broader goals of wider environment

Interact with others

1.3, 2.1, 2.2, 3.1-3.3, 4.3

  • Actively identifies requirements of important communication exchanges, selecting appropriate channels, format, tone and content to suit purpose and audience
  • Recognises importance of building rapport with people from diverse backgrounds to establish effective teams and other working relationships
  • Looks for the strengths in others and finds ways to work with and build on these, sharing own knowledge and experience freely

Get the work done

1.1, 1.2, 2.2, 2.3, 4.1-4.3

  • Organises time and effort around priorities, results and realistic timeframes
  • Begins to recognise importance of other stakeholders throughout the planning process and is learning to clarify goals and methodology with others, maintain communication and manage expectations and understanding
  • Uses systematic, analytical processes in complex, non-routine situations, setting goals, gathering relevant information and identifying and evaluating options against agreed criteria
  • Uses ideas proposed by others as provocations and stepping stones to new perceptions and ideas

Unit Mapping Information

Code and title  

current version 

Code and title 

previous version 

Comments 

Equivalence status 

BSBATSIW515 Secure funding

BSBATSIW515C Secure funding

Updated to meet Standards for Training Packages

Equivalent unit

Links

Companion Volume implementation guides are found in VETNet - https://vetnet.education.gov.au/Pages/TrainingDocs.aspx?q=11ef6853-ceed-4ba7-9d87-4da407e23c10

 

Assessment requirements

Modification History

Release 

Comments 

Release 1

This version first released with BSB Business Services Training Package Version 1.0.

Performance Evidence

Evidence of the ability to:

  • identify funding sources
  • complete funding applications
  • confirm submission meets funding body’s requirements
  • maintain open lines of communication with relevant individuals and network to promote application for funding
  • follow appeal procedures if required.

Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.

Knowledge Evidence

To complete the unit requirements safely and effectively, the individual must:

  • outline appeal procedures available if funding submission is rejected
  • explain concept of community control of organisations and how it may impact the way funding is sourced and used
  • describe cultural context in which Aboriginal and Torres Strait Islander boards operate, including their role in upholding traditional and cultural values, and how that may impact the way funding is sourced and used
  • list funding sources and their requirements
  • identify geographic, social, economic and political contexts in which particular organisations operate and how these may impact the way funding is sourced and used
  • identify organisational policies and procedures in relation to obtaining funding
  • describe relevant consultancy services to support funding submissions
  • list relevant protocols and cultural responsibilities that impact how funding is sourced.

Assessment Conditions

Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the regulation, licensing and risk – ATSI governance field of work and include access to:

  • an actual or simulated board
  • examples of projects requiring funding
  • the internet or other sources of information about funding bodies
  • examples of relevant documents.

Assessors must satisfy NVR/AQTF assessor requirements.

Links

Companion Volume implementation guides are found in VETNet - https://vetnet.education.gov.au/Pages/TrainingDocs.aspx?q=11ef6853-ceed-4ba7-9d87-4da407e23c10