BSBOPS501 Student Project Portfolio

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RTO No: 91223

Student Project Portfolio

BSBOPS501 Manage Business Resources

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 1
© 2021 RTO Works
Contents

Section 1: Analyse resource requirements 6


Section 2: Planning for resources 10
Section 3: Resource acquisition 22
Section 4: Evaluation 29

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 2
© 2021 RTO Works
Student name:

Assessor:

Date:

Business this assessment is


based on:

Documentation reviewed as
preparation:

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 3
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Section 1: Analyse resource requirements

Complete this section before the stakeholder meeting/s.

Provide an overview of the


business and its strategic
objectives and goals.

Describe the regulatory and


legislative context of the
business that relates to
managing resources.

Outline the specific objectives


of the business unit/s that you
are basing this project on.
E.g., business unit, project or
department that requires these
resources.

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 4
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Resource 1
Which resource are you going
to focus on for this project and
which activity does it relate to?

Resource 2
Which resource are you going
to focus on for this project and
which activity does it relate to?

Resource 3
Which resource are you going
to focus on for this project and
which activity does it relate to?

Describe the stakeholders you


need to meet with to discuss
the nature and level of
resource planning for all three
resources.

Why are these stakeholders


part of the consultation
Strathfield College RTO: 91223 CRICOS Provider Code: 02736K
BSBOPS501 Manage Business Resources| 5
© 2021 RTO Works
process?
These may be separate
stakeholders or the same ones
for all three resources
depending on the size and
nature of the business

When is this meeting/s set for?


Provide the details of when
and where this meeting/s is
occurring

What are the internal


capabilities of the business in
relation to the resourcing
requirements?

What are the external


resourcing requirements?
Outline any supplier or
purchasing considerations,
budget or anything else
relevant to obtaining
quotations here.

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 6
© 2021 RTO Works
Provide an outline of the
agenda / main discussion
points for this meeting/s.
Copy and paste this row if you
are having more than one
meeting and fill one out for
each meeting.

Complete this section after the stakeholder meeting/s.

Summarise the outcomes of


the meeting/s.
Include any decisions that
were made and next steps.
Copy and paste this row if
you are having more than one
meeting and fill one out for
each meeting.

Attach: Business documentation reviewed ☐

Recording of meeting/s if not observed in person or online ☐


by your assessor

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 7
© 2021 RTO Works
Section 2: Planning for resources

You need to complete all three of the plans in this section for three different resources.

Resource Plan 1

Description of resource bid.

Options.
Outline suitable options that
may suit

Budget and costs.


Outline the total budget and
provide a break down of the
costs associated with this
resource

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 8
© 2021 RTO Works
What are the timelines for
identifying suitable resources
and the acquisition of this
resource?

Explain how the resource will


be obtained/purchased
following policy and
procedures.

Explain the approval process


for this resource.

Resource monitoring usage


system
Develop a monitoring system
that can be used to monitor
the usage and success of this
resource in meeting business
or project objectives.

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 9
© 2021 RTO Works
Establish a measurable Key
Performance Indicators (KPI).
Show how you approached
establishing the KPI in a
mathematical way using
problem-solving.
List ways to monitor the KPI
including a timeframe for
evaluation.
Develop a formal policy and
procedure document and
attach to this section (note
you can develop just one
Resource Usage Policy with
different sections for all three
resources if you would like to
do it this way).

Risk and contingency planning


Complete the table to assess risks and develop contingencies for resources you are planning for.

Potential risks Planned Response

Risk associated with the acquisition or How will you mitigate the risk?
implementation of the resource

Attach: Scope of Requirements document ☐

Approval request for proposal (email) ☐

Resource Evaluation Policy and procedures developed ☐

Relevant policies and procedures related to the resource ☐


(workplace documentation or from the simulation pack)

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 10
© 2021 RTO Works
Strathfield College RTO: 91223 CRICOS Provider Code: 02736K
BSBOPS501 Manage Business Resources| 11
© 2021 RTO Works
Resource Plan 2

Description of resource bid.

Options.
Outline suitable options that
may suit

Budget and costs.


Outline the total budget and
provide a break down of the
costs associated with this
resource

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 12
© 2021 RTO Works
What are the timelines for
identifying suitable resources
and the acquisition of this
resource?

Explain how the resource will


be obtained/purchased
following policy and
procedures.

Explain the approval process


for this resource.

Resource monitoring usage


system
Develop a monitoring system
that can be used to monitor
the usage and success of this
resource in meeting business
or project objectives.

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 13
© 2021 RTO Works
Establish a measurable Key
Performance Indicators (KPI).
Show how you approached
establishing the KPI in a
mathematical way using
problem-solving.
List ways to monitor the KPI
including a timeframe for
evaluation.
Develop a formal policy and
procedure document and
attach to this section (note
you can develop just one
Resource Usage Policy with
different sections for all three
resources if you would like to
do it this way).

Risk and contingency planning


Complete the table to assess risks and develop contingencies for resources you are planning for.

Potential risks Planned Response

Risk associated with the acquisition or How will you mitigate the risk?
implementation of the resource

Attach: Scope of Requirements document ☐

Approval request for proposal (email) ☐

Resource Evaluation Policy and procedures developed ☐

Relevant policies and procedures related to the resource ☐


(workplace documentation or from the simulation pack)

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 14
© 2021 RTO Works
Strathfield College RTO: 91223 CRICOS Provider Code: 02736K
BSBOPS501 Manage Business Resources| 15
© 2021 RTO Works
Resource Plan 3

Description of resource bid.

Options.
Outline suitable options that
may suit

Budget and costs.


Outline the total budget and
provide a break down of the
costs associated with this
resource

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 16
© 2021 RTO Works
What are the timelines for
identifying suitable resources
and the acquisition of this
resource?

Explain how the resource will


be obtained/purchased
following policy and
procedures.

Explain the approval process


for this resource.

Resource monitoring usage


system
Develop a monitoring system
that can be used to monitor
the usage and success of this
resource in meeting business
or project objectives.

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 17
© 2021 RTO Works
Establish a measurable Key
Performance Indicators (KPI).
Show how you approached
establishing the KPI in a
mathematical way using
problem-solving.
List ways to monitor the KPI
including a timeframe for
evaluation.
Develop a formal policy and
procedure document and
attach to this section (note
you can develop just one
Resource Usage Policy with
different sections for all three
resources if you would like to
do it this way).

Risk and contingency planning


Complete the table to assess risks and develop contingencies for resources you are planning for.

Potential risks Planned Response

Risk associated with the acquisition or How will you mitigate the risk?
implementation of the resource

Attach: Scope of Requirements document ☐

Approval request for proposal (email) ☐

Resource Evaluation Policy and procedures developed ☐

Relevant policies and procedures related to the resource ☐


(workplace documentation or from the simulation pack)

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 18
© 2021 RTO Works
Strathfield College RTO: 91223 CRICOS Provider Code: 02736K
BSBOPS501 Manage Business Resources| 19
© 2021 RTO Works
Section 3: Resource acquisition

Resource 1 acquisition

Summarise the process you


went through to receive
quotations for this resource.

Organisational compliance
How did you adhere to your
organisational procurement
policy and procedures when
receiving quotations?

Timelines
How did you meet the
timelines you planned for?

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 20
© 2021 RTO Works
Quotations
List the suppliers/vendors you
received quotations from
Attach these quotations to
this section of your portfolio

Supplier preference and


recommendation
Which supplier do you prefer
and why? Summarise your
reasons here.
Develop an email outlining
your recommendations to the
relevant manager and attach
this.

Describe how you arranged


the delivery / receival of the
resource and the processes
followed for allocation.
Attach any evidence here as
part of the process E.g.,
emails / receipts or delivery
documentation, internal
communication to staff.
If using the case study you
don’t actually need to
purchase and receive the
resource but you can make
assumptions and develop
emails or internal
communications about
allocation as part of the
simulation.

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 21
© 2021 RTO Works
Attach: Quotations obtained ☐

Email recommending preferred supplier ☐

Evidence of resource allocation

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 22
© 2021 RTO Works
Resource 2 acquisition

Summarise the process you


went through to receive
quotations for this resource.

Organisational compliance
How did you adhere to your
organisational procurement
policy and procedures when
receiving quotations?

Timelines
How did you meet the
timelines you planned for?

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 23
© 2021 RTO Works
Quotations
List the suppliers/vendors you
received quotations from
Attach these quotations to
this section of your portfolio

Supplier preference and


recommendation
Which supplier do you prefer
and why? Summarise your
reasons here.
Develop an email outlining
your recommendations to the
relevant manager and attach
this.

Describe how you arranged


the delivery / receival of the
resource and the processes
followed for allocation.
Attach any evidence here as
part of the process E.g.,
emails / receipts or delivery
documentation, internal
communication to staff.
If using the case study you
don’t actually need to
purchase and receive the
resource but you can make
assumptions and develop
emails or internal
communications about
allocation as part of the
simulation.

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 24
© 2021 RTO Works
Resource 3 acquisition

Summarise the process you


went through to receive
quotations for this resource.

Organisational compliance
How did you adhere to your
organisational procurement
policy and procedures when
receiving quotations?

Timelines
How did you meet the
timelines you planned for?

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 25
© 2021 RTO Works
Quotations
List the suppliers/vendors you
received quotations from
Attach these quotations to
this section of your portfolio

Supplier preference and


recommendation
Which supplier do you prefer
and why? Summarise your
reasons here.
Develop an email outlining
your recommendations to the
relevant manager and attach
this.

Describe how you arranged


the delivery / receival of the
resource and the processes
followed for allocation.
Attach any evidence here as
part of the process E.g.,
emails / receipts or delivery
documentation, internal
communication to staff.
If using the case study you
don’t actually need to
purchase and receive the
resource but you can make
assumptions and develop
emails or internal
communications about
allocation as part of the
simulation.

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 26
© 2021 RTO Works
Section 4: Evaluation

Resource 1 evaluation

Provide an overview of the


level of performance of the
resource according to the
data reviewed.

Has the resource been used


in line with the product
specifications and
product/service standards?

How has the resource usage


been used according to the
budget for this resource?
Were there any budget
overruns? Explain reasons if
this was the case.

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 27
© 2021 RTO Works
Suggest improvements to
work practices that could
increase efficiency of this
resource.

Does a corrective action need


to be taken in relation to this
resource? If yes, summarise
this here and then implement
it. Attach evidence of this
implementation in this section.
Note: There only needs to be
one corrective action taken for
one resource. Write NA here if
you have taken this for
another resource.

Attach: Evidence of corrective action (1 only in total) ☐

Formal report developed for management ☐

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 28
© 2021 RTO Works
Resource 2 evaluation

Provide an overview of the


level of performance of the
resource according to the
data reviewed.

Has the resource been used


in line with the product
specifications and
product/service standards?

How has the resource usage


been used according to the
budget for this resource?
Were there any budget
overruns? Explain reasons if
this was the case.

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 29
© 2021 RTO Works
Suggest improvements to
work practices that could
increase efficiency of this
resource.

Does a corrective action need


to be taken in relation to this
resource? If yes, summarise
this here and then implement
it. Attach evidence of this
implementation in this section.
Note: There only needs to be
one corrective action taken for
one resource. Write NA here if
you have taken this for
another resource.

Attach: Evidence of corrective action (1 only in total) ☐

Formal report developed for management ☐

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 30
© 2021 RTO Works
Resource 3 evaluation

Provide an overview of the


level of performance of the
resource according to the
data reviewed.

Has the resource been used


in line with the product
specifications and
product/service standards?

How has the resource usage


been used according to the
budget for this resource?
Were there any budget
overruns? Explain reasons if
this was the case.

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 31
© 2021 RTO Works
Suggest improvements to
work practices that could
increase efficiency of this
resource.

Does a corrective action need


to be taken in relation to this
resource? If yes, summarise
this here and then implement
it. Attach evidence of this
implementation in this section.
Note: There only needs to be
one corrective action taken for
one resource. Write NA here if
you have taken this for
another resource.

Attach: Evidence of corrective action (1 only in total) ☐

Formal report developed for management ☐

Strathfield College RTO: 91223 CRICOS Provider Code: 02736K


BSBOPS501 Manage Business Resources| 32
© 2021 RTO Works

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