Professional Documents
Culture Documents
PORTFOLIO
Project Portfolio
MANAGE KNOWLEDGE
AND INFORMATION
Lower Ground 121 Queen Street Campbelltown NSW 2560
CAMPBELL Phone: 0422 092 884 • Email: info@Campbellinstitute.edu.au
INSTITUTE
www.campbellinstitute.edu.au
ABN 28 157 907 339 | RTO Provider 52809 | CRICOS Code 03840B
Contents
Assessor:
Date: 30-08-2023
Purpose for managing To develop the necessary knowledge and skills for clients to be
information and decisions to competent in their selected roles across a broad spectrum of business
be made: areas.
2023
Links:
https://www.inspireeducation.net.au/blog/work-health-and-safety-
what-is-the-difference-between-an-act-regulation-and-code-of-
practice/
https://www.naa.gov.au/information-management/information-
management-standards/information-management-standard-
australian-government
https://www.parliament.uk/site-information/glossary/legislation/
Identify other information Other information relevant to collecting and analysing data:
relevant to collecting and
Finance Policy and Procedures
analysing data (including
documentation and analysis Information Management Policy and Procedures Template
requirements). Financial Data
Attach proof of organisational Staff Focus Group
documents you used for
information to answer this Staff and student Feedback
question (e.g. policy and Information Management Policy and Procedures
procedures).
Policy and procedures attached
Links:
https://www.thriveatwork.org.au/resources/collecting-data/
Review any other business Melbourne and Sydney's student populations are expected to
performance data (such as increase by 50% from 2020 to 2022, while their student
financial or sales data) relevant populations have increased by 115% and 150% respectively from
to your purpose for collecting 2018 to 2020. The administration expenses increased by 14.5%
and analysing data. between 2018 and 2019 and by 58% between 2019 and 2020. In
BSBINS601 Manage knowledge and information Project Portfolio
6
Lower Ground 121 Queen Street Campbelltown NSW 2560
CAMPBELL Phone: 0422 092 884 • Email: info@Campbellinstitute.edu.au
INSTITUTE
www.campbellinstitute.edu.au
ABN 28 157 907 339 | RTO Provider 52809 | CRICOS Code 03840B
Review the available 2018, the difference between expected and actual profit was 20%.
information. This was due to lower-than-anticipated student enrollment in the
institution's first year of operation. There were no significant
Identify any contradictory or
variations in profit and loss in any other years. Except for rent and
ambiguous data and discard it
wages, all costs rose 10%. The rent is subject to a lease, and wages
(all other data should be
increased as expected due to the need to hire additional staff to
reliable and valid).
accommodate the increase in student enrollment. At the time of
Your information must include writing this report, it is anticipated that all costs, excluding rent and
numerical and/or financial wages, will increase by 10% annually. Gross Profit before taxes
information. ranges from $57,550 in 2018 to $418,650 in 2019 to $513,100 in
2020. The total sales cost is $742,450 in 2018, $851,350 in 2019,
Attach proof of the information
and $1,346,900 in 2020.
(e.g. profit and loss statement).
BSBINS601 Simulator Pack (Financial Data)
Identify, define and analysing Business issues associated with the information you are managing:
business issues associated with
Excessive rent expenses
the information you are
managing. Lack of staff professional development opportunities
Links:
https://www.business.qld.gov.au/running-business/protecting-
business/risk-management/it-risk-management/defined
Template. Centres -
Accountant or
attorney -
business.gov.au
Links:
https://aspire-solidus-production.s3-ap-southeast-
2.amazonaws.com/assets/BXINM301/samples/BXINM301.pdf
https://www.cibse.org/knowledge/knowledge-items/detail?
id=a0q0O00000Cx6PMQAZ
Follow the organisational Clear, relevant and consistent objectives for analysing the
requirements to set clear, information:
relevant and consistent Collect, analyze, and report the most relevant and useful business
objectives for analysing the information. Information could be provided regarding the causes of
information. the current situation, the most likely future trends, and the
appropriate response. In addition, to identify and validate potential
strategies and solutions, and to assess the viability of the preferred
solutions. The analysis is based on pertinent, accurate, and
trustworthy data, and frequently involves interactive and automated
statistical or data analysis.
Determine your approach to Changes in the business environment have immediate and indirect
analysing information and effects on one's own organization. Customers, users, customers,
knowledge and drawing customers' customers, suppliers, administration, neighbouring
conclusions. companies and industries (such as upstream and downstream) are
analysed as part of the environment. As demonstrated in the
Make sure you follow
preceding section, the basis for identifying trends is the
organisational requirements to
formulation of appropriate questions.
identify and interpret patterns
and emerging trends. You must Answering them requires a great deal of knowledge, experience,
perform numerical calculations analytical and imaginative thought.
on the information so that it is
Primary and secondary research methods provide information
useable and can be reported on.
regarding trends and their consequences. The primary research is a
You are also required to
direct examination of trends using the following techniques:
perform statistical analysis and
sensitivity analysis where LEAD Interviews with customers, customers, employees,
relevant. and vendors
Expert interviews (science and business) Workshops with
experts and stakeholders, among other things offering
creativity techniques
Delphi research
The secondary search utilizes readily available data. There are
numerous industry-specific trend reports that can be used as a
resource and foundation for determining trends. Prior to
conducting primary research, it is also advisable to conduct
secondary research to determine the prevalent trends. This can also
serve as the foundation for establishing trends firsthand. The
knowledge of trends and potential future developments flows into
strategic innovation management, which derives future search
fields, which can be located on the roadmap.
Sales
Expense
Water $6,410
Internet $2,660
Rent $440,000
Stationary $2,860
Superannuation $83,600
Sales
Expenses
Internet $4,260
Rent $704,000
Stationary $4,580
Superannuation $133,760
Water $10,260
Sensitivity analysis:
What is the optimal tuition level for the market?
Write a briefing report. Brief description of the purpose of the report (and information
Attach your report to this and knowledge management project)
section of the portfolio.
This report intends to analyze trends and existing financial data of
King Edward VII College in order to make projections for the
upcoming year that will allow for the opening of two new
campuses, one in Brisbane and one in Adelaide.
available summary of business performance data
King Edward VII College's target market is comprised of
individuals seeking entry into the industry, as well as those already
employed in business and management who wish to formalize or
enhance their skills. Course fees:
Currently, tuition for all courses is $10,000. This amount will be
raised to $12,000. 58% increase in total student enrolment from
2018 to 2019
46% increase in total student enrolment between 2019 and 2020.
Costs increased by 14.5% from 2018 to 2019 Costs increased by
58% from 2019 to 2020
In 2018, the difference between expected and actual profit was
20%. This was due to lower-than-anticipated student enrolment in
the institution's first year of operation. There were no significant
variations in profit and loss in any other years.
Except for rent and wages, all costs rose 10%. The rent is subject
to a lease, and wage costs increased as anticipated due to the need
to hire additional staff to accommodate the increase in student
enrolment.
Method for conducting analysis and drawing conclusions
Activity-based thesauri and classification systems:
Published studies:
Minimum requirements:
Process-based analyses:
Objectives for information analysis
Research new technologies New technologies available that may be used for information and
available that may be used for
knowledge management:
information and knowledge
management. Intranet-based systems: Web information system, or web-
based information system, is an information system that
Attach proof of your research
uses Internet web technologies to deliver information and
sources (e.g. website links,
services, to users or other information
screen shots etc.).
systems/applications. It is a software system whose main
purpose is to publish and maintain data by using hypertext-
based principles.
Electronic document management (EDM): A digital
document management system, or electronic document
management system, is a tool that centralizes all of an
organization's relevant documents and drawings. This
provides users with complete, actionable facilities and
asset data they can use to increase efficiency and save
money
Groupware:
Workflow:
Knowledge portals
Proof of research sources:
https://www.tableau.com/learn/articles/business-intelligence
Identify and describe suitable At least two suitable options for storing and accessing
options for storing and accessing information for your particular knowledge and information
information for your specific management objective:
knowledge and information
External hard drives: Dropbox: Dropbox is a modern
management purpose (at least
workspace designed to reduce busywork so you can
two).
concentrate on what's important. Sign in and put your
imagination to work.
Cloud-based storage: Fibre channel
One drive
demographics like
age, gender, and
location or
psychographics like
interests, activities,
and values
Noncompliance with the relevant If a business case has not already been provided, it must be
legislation, standards and completed. Additionally, the need and purpose of the project
guidelines resulting in poor student must be clearly stated and defined.
outcomes and complaints
- Appoint a subject matter expert in order to prevent this risk.
The experts will assist you in defining the project through
design workshops. Thus, the risk can be effectively averted.
Conduct schedule-based workshops with the team. This will
allow them to effectively manage their time and avoid missing
tasks.
- Analyse the external factors as well as the internal factors that
hinder the working of the project and keep some cash aside for
meeting the crisis in the near future. -Flexible project will see
long-lasting success in comparison to the projects which resist
those changes.
Poor governance, financial viability Present the investors and team members with an optimistic view
and senior management of the project's success. In this way, the project will be able to
responsibilities attract more investors to fulfil its financial requirements and
also skilled workers to perform at their best.
-Take the initiative to brief the other managers on the
significance of the project. The manager should establish due
dates for each task and provide backup for each team member.
- Regularly hold meetings and invite all team members and
project-related personnel to participate so that problems can be
discussed openly and a timely solution can be provided.
Operational risks such as budget The project team should be allotted sufficient time and space to
overspending complete their tasks according to their abilities and efficiency
levels. Errors are more likely to occur if the duration of a
project is decreased abruptly.
- Regular meetings of the project team must be held, and
conflicts must be identified and resolved.
-Tracking sheets must be created to evaluate task completion,
and any delays must be reported immediately so that an action
plan can be formulated to complete the tasks as quickly as
possible.
Poor student welfare -Members of the team must be properly informed of the
exchange rates, and transactions must only occur when the rates
are affordable.
-Each step must undergo a quality check, and any necessary
adjustments must be implemented immediately.
- Prior to initiating the project, resources must be gathered by
analyzing the requirements in an efficient manner.
- The parties must create and sign an agreement in order to
comply with the established rules and regulations for the
process. This will prevent partner responsibilities.
- Market analysis is essential from beginning to end, and
changes must be made in accordance with customer demand.
Briefing report ☐
Learning consultant
Students
Cloud Storage
How does the decision support and align to organisational
objectives, objectives, values and standards?
Simplify document management: It is a highly
customisable student management and marketing system,
and is the most comprehensive student management
software available today.
Attach a file to virtually anything and make compliance
simple with complete version control included. Whether it
is documents, images or video, it provides unlimited
storage space for all kinds of files.
Sufficient data storage space: With version control built-in
from the start, its unlimited storage is a smart and
convenient solution for all kinds of high quality digital
Set up the OneDrive is the Microsoft cloud service that connects you to all your files. It lets
approved you store and protect your files, share them
knowledge and
with others, and get to them from anywhere on all your
information
management Devices.
system. Offers 5 GB free storage space. (Drop Box only 2GB)
Use the chosen Support more types of file format than Drop Box
digital
technology to
design the
approved
knowledge and
information
management
system.
Use the folder
structure
approved by the
stakeholders.
Attach proof of
the system (e.g.
screen shots).
Proof Of Test:
Support Policy and Procedures for Data Security, Confidentiality, and Privacy at
information King Edward VII College
security.
Purpose:
Write a policy
Effective information management ensures that the right information is accessible
and procedures
to the right individual at the right moment, in the right format and medium.
that
Information that allows King Edward VII College to carry out its essential
address informat
functions is regarded as an asset.
ion management
including Scope:
information This policy applies to students, staff, contractors and consultants, visitors,
security, affiliates, and third parties, among others.
confidentiality
Privacy, confidentiality, and security of information
and privacy.
Ensure that all information is stored, accessed, managed, and utilized
Attach your
policy and consistent with its information security classification.
procedures for Maintain controls for the security of information as outlined in the Cyber
proof. Security Policy. Establish and maintain procedures for the secure and
appropriate exchange of confidential information.
Preserve and maintain records in accordance with at least the minimum
requirements of approved retention and disposal schedules to meet