Reference no: EM132103203

Assessment 1

Sunshine College or Management will be opening a small cafe that will include provisions for 4 stab members. internal seating for 10 customers. You are to develop a detailed asset management strategy to ensure streamlined acquisition and management.

Your asset acquisition and management strategy should (as a minimum) cover:
- Identification of assets
- Purchasing of assets
- Authorisation limits
- Asset Control including stock-takes, asset registers. etc
- Asset security
- Asset Maintenance
- Financial implications (authorisation limits, disposals, depreciation)
- Personnel Responsibilities
- Environmental Management and WHS considerations
- Templates for any forms that your strategy refers to.
This strategy is to be professionally presented to your assessor, and should be ready for implementation within a commercial cafe.

It is also suggested that you keep in contact with your assessor with this unit, and hand in your drafts as you go, to ensure you are heading in the right direction.

Evidence Summary
- You are to submit your asset management strategy as outlined above
- Hand in drafts as you goIn setting up this assessment, please:
1. Set a date for this assessment and advise students of the requirements.
2. Hand out and explain the Student Information Form and allow opportunities for the student to ask questions
3. Assess the candidates' submissions / observations using the following checklist.
- Classroom / Simulated environment. These assessments must
o Simulation is a form of evidence gathering that involves the candidate in completing or dealing with a task, activity or problem in an off-the-job situation that replicates the workplace context. Documented definitions state "Simulations vary from recreating realistic workplace situations such as in the use of flight simulators, through the creation of role plays based on workplace scenarios to the reconstruction of a business situatic on a spreadsheet. In developing simulations, the emphasis is not so much on reproducing the external circumstance but on creating situations in which candidates are able to demonstrate:
- technical skills
- underpinning knowledge
- generic skills such as decision making and problem solving
- workplace practices such as effective communication "
o In conducting training and assessment in a simulated workplace environment, trainers and assessors mu' make sure that the simulated environment gives the learner the opportunity to meet the following critical criteria:
- Quality - The work is of the standard required for entry into the industry.
- Safety - The work is performed in a manner that meets industry safety standards.
- Productivity - The work is performed within a timeframe appropriate for entry to the industry.

Assessment 2

Using the asset register developed in Assessment 1, you are to implement your Asset Identification and Monitoring Strategy in the Training Kitchen.
Be sure to
- Detail all assets
- Identify assets in need of repair or replacement
- Assess the performance of each asset for safety, operational efficiency and service quality
- Provide a written report to your assessor with details of the review and relevant recommendations

Evidence Summary

- Your assessor will observe you performing this task
- You are to submit your written report at the end of your assessment

Assessment 3

For this task you are required to coordinate the financing and purchasing of 3 different assets with your assessor. The assets will need to relate either

- items identified in a business plan for the Cafe,
- include items identified as missing, damaged or unsafe from Assessment 2
- items as directed by your assessor

All assets will relate to the hospitality environment, and will have different values. Your assessor will act as your supervisor for this task, so feel free to contact them in relation to budget and time-lines.

In undertaking this task, you are to:
- Identify and determine the asset specifications
- Identify the relevant maintenance requirements (including legislative base)
- Identify any environmental standards / requirements in relation to your assets
- Gather quotes or estimates from potential suppliers
- Identify different financing options (subject to the value of the asset and available budget). Financing options may include hire purchase, renting, leasing or purchasing.

You are to submit each proposal in terms of a financial report that details:
- Estimate acquisition costs based on evaluation of current, accurate and relevant data, including supplie quotations and estimates.
- Financing options including rates, application process, and value comparisons (cost benefit analysis)
- Includes a risk analysis for each purchase
- The process you would undertake to implement the financing option chosen (in detail)
- Copies of appropriate finance application forms. (You are to complete each application form with the details of your Training Organisation)In setting up this assessment ease:

1. Set a date for this assessment and advise students of the requirements.

2. Hand out and explain the Student Information Form and allow opportunities for the student to ask questions

3. Assess the candidates' submissions / observations using the following checklist.
- Classroom / Simulated environment. These assessments must
o Simulation is a form of evidence gathering that involves the candidate in completing or dealing with a task, activity or problem in an off-the-job situation that replicates the workplace context. Documented definitions state "Simulations vary from recreating realistic workplace situations such as in the use of flight simulators, through the creation of role plays based on workplace scenarios to the reconstruction of a business situation on a spreadsheet. In developing simulations, the emphasis is not so much on reproducing the external circumstance but on creating situations in which candidates are able to demonstrate:
- technical skills
- underpinning knowledge
- generic skills such as decision making and problem solving workplace practices such as effective communication "

o In conducting training and assessment in a simulated workplace environment, trainers and assessors must make sure that the simulated environment gives the learner the opportunity to meet the following critical criteria:
- Quality - The work is of the standard required for entry into the industry.
- Productivity - The work is performed within a timeframe appropriate for entry to the industry. Safety - The work is performed in a manner that meets industry safety standards.
o Each assessment has taken the following aspects into consideration, to ensure any simulations provide for integrated assessment of competence. This includes:
- performing the task (task skills)
- managing a number of tasks (task management skills) dealing with workplace irregularities such as unexpected problems, breakdowns and changes in
- routine (contingency management skills) fulfilling the responsibilities and expectations of the job and workplace, including working with
- others (job/role environment skills) transferring competencies to new contexts.

These instructions must be followed when assessing the student in this unit. The checklist on the following page is to be completed for
each student. Please refer to separate mapping document for specific details relating to alignment of this task to the unit requirements.

Each student has been given the following brief

For this task you are required to coordinate rho financing and purchasing of 3 different assets as agreed upon with your assessor. The assets will need to relate either

- items identified in a business plan for the Cate.
- include items identified as missing, damaged or unsafe from Assessment 2
- items as directed by your assessor

All assets will relate to a hospitality environment, and will have different values. this task, so feel free to contact them in relation to budget and time-lines.

In undertaking this task, you are to:
- Identify and determine the asset specifications
- Identify the relevant maintenance requirements (including legislative base)
- Identify any environmental standards / requirements in relation to your assets
- Gather quotes or estimates from potential suppliers
- Identify different financing options (subject to the value of the asset and available budget). Financing options may include hire purchase, renting, leasing or purchasing.

You are to submit each proposal in terms of a financial report that details:
- Estimate acquisition costs based on evaluation of current, accurate and relevant data, including supplier quotations and estimates.
- Financing options including rates, application process, and value comparisons (cost benefit analysis)
- Includes a risk analysis for each purchase
- The process you would undertake to implement the financing option chosen (in detail)
- Copies of appropriate finance application forms. (You are to complete each application form with the details of your Training Organisation)"

SPECIFIC ASSESSOR NOTES
Each student is to perform this task on 3 different assets at different levels. Assets for acquisition should include
- Fixture, fitting or furniture for use within a commercial kitchen, restaurant or storage area (set the budget according to chosen item)
- Computer system with a value between 10-15K. This item is to be rented or Hire Purchased
- Physical Assets - Motor Vehicle suitable for deliveries - budget under $30,000. This item must be financed from a lending institute
Whilst role-playing the supervisor, you should ensure you provide only information that is requested by the student. The student is to probe for data they require, and it should not be volunteered without a request (with exception of the initial advice
of the items to be purchased). As a supervisor, you should:
- be accessible to your students during this project
- allocate suitable budgets for your chosen assets
- provide financials for the students to use when completing application forms (as requested by the student)