Unit 4: Resource Management

QCF Level: 5

Credit Value: 7 units

Unit Aim

This unit is about identifying, planning, using and evaluating resources to meet objectives.

Learning Outcome

1. Be able to identify and plan resources needed to meet objectives

Assessment Criteria

1.1 Identify those resources required to achieve objectives
1.2 Explain the process of planning resource use to achieve objectives
1.3 Analyse the costs associated with the resource required to achieve objectives

Learning Outcome

2. Be able to select and use the resource supply chain to meet planned objectives

Assessment Criteria

2.1 Evaluate sources of supply to meet planned objectives
2.2 Explain processes to manage the supply, continuity and quality of resources to meet plans
2.3 Analyse strategies that could be used to predict and manage disruption in resource supply, and the associated costs

Learning Outcome

3. Be able to monitor and evaluate internal and external resource use to meet plans

Assessment Criteria

3.1 Review progress of actual resource use against planned resource use
3.2 Discuss methods of recording, monitoring and reporting on resource used
3.3 Explain methods of using resource information to inform future actions

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