Unit Name: Maximizing Resources To Achieve Business Success
Unit Code: M/508/3606
Level: 3Â Â
Credit: 20
GLH: 120
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Please click the link below to view guidelines:
ATHE Definition of GLH, TQT, and Credits
Please click the following link to view the ATHE Specifications for Level 3 Diploma in Business and Administrative Management:
ATHE Level 3 diploma in Business Mgt
Unit Aims:
Effective use of resources can be business critical. This unit aims to ensure learners understand the range of resources businesses need, why this must be monitored and how this can be achieved through technology and other project management tools.
Assessment guidance:
Assignments in accordance with awarding organization guidance.
Video Link 1:
Course Curriculum
| 1. Understand the importance of resources to business success | |||
| 1.1 Explain the resources needed by organisations in different business sectors of the economy | Unlimited | ||
| 1 M1 Explain the impact of a shortfall in resources on business performance | Unlimited | ||
| 2. Know how organisations monitor the use of resources | |||
| 2.1 Explain how and why resources must be monitored | Unlimited | ||
| 2.2 Explain what is meant by benchmarking and how it is used by organisations to monitor resources | Unlimited | ||
| 2.3 Explain what is meant by performance indicators and how they are used by organisations to monitor human resources | Unlimited | ||
| 2 M1 Explain best practice in terms of resource monitoring and usage | Unlimited | ||
| 2 D1 Assess resource monitoring in an organisation, recommending further developments and/or corrective action | Unlimited | ||
| 3. Know about new technologies used in organisations | |||
| 3.1 Describe new technologies available to organisations | Unlimited | ||
| 3.2 Explain how new technologies are used by organisations | Unlimited | ||
| 3 M1 Explain how new technologies are impacting on organisations | Unlimited | ||
| 3 D1 Assess the risks faced by organisations if they do not protect their technology | Unlimited | ||
| 4. Understand the process of project management and how it contributes to the efficient use of resources | |||
| 4.1 Identify and explain the key skills needed by a successful project manager | Unlimited | ||
| 4.2 Describe the Three Stage-Project Cycle | Unlimited | ||
| 4.3: Explain why it is important to identify and rank a project’s critical factors | Unlimited | ||
| 4.4 Explain the tools used for managing projects | Unlimited | ||
| 4.5 Explain the purpose and importance of project evaluation and review. | Unlimited | ||
| 4 M1 Plan a project to manage or monitor resources using all the stages of project management | Unlimited | ||
| 5. Understand how organisations work towards ‘best practice’ | |||
| 5.1 Explain the terms excellence and quality and the impact of these concepts on organisations | Unlimited | ||
| 5.2 Describe tools and techniques that are used by organisations to ensure the quality of their products and services | Unlimited | ||
| 5 D1 Evaluate the quality systems within an organisation and make recommendations for improvement | Unlimited | ||
| Slides for Maximizing Resources to Achieve Business Success | |||
| Slides for Lecture 1 MRTABS | 00:00:00 | ||
| Slides for Lecture 5 MRTABS | 00:00:00 | ||
| Recorded Lectures | |||
| Lecture 1 Maximizing Resources to Achieve Business Success | 00:00:00 | ||
| Assignment Brief | |||
| Assignment Brief of Maximizing Resources to Achieve Business Success | 00:00:00 | ||
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