T: XXXXXXXXXXBrisbane) | XXXXXXXXXXMelbourne) E: XXXXXXXXXX W: www.newton.edu.au Brisbane Campus:98 Cleveland Street, Greenslopes QLD 4120 Melbourne Campus: Level 10, 190 Queen Street, Melbourne VIC...

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As usual no minimum pages. Plagiarism max 18%. No need to be perfect.
Hi, i will send other files to joy because i couldnt upload all. Thanks
Please contact me tomorrow as now its 10.18 pm


T: +61 731 280 176(Brisbane) | +61 3 9640 0057(Melbourne) E: [email protected] W: www.newton.edu.au Brisbane Campus:98 Cleveland Street, Greenslopes QLD 4120 Melbourne Campus: Level 10, 190 Queen Street, Melbourne VIC 3000 T: +61 731 280 176(Brisbane) | +61 3 9640 0057(Melbourne) E: [email protected] W: www.newton.edu.au Brisbane Campus:98 Cleveland Street, Greenslopes QLD 4120 Melbourne Campus: Level 10, 190 Queen Street, Melbourne VIC 3000 BSBINM601 Manage knowledge and information Student Assessment Tasks Student Assessment Tasks BSBINM601 Manage knowledge and information Assessment Task 1: Written Questions Task summary This is an open book test, to be completed in the classroom. A time limit of 1 hour to answer the questions is provided. You need to answer all of the written questions correctly. Your answers must be word processed and sent to the assessor as an email attachment.  Required · Access to textbooks and other learning materials · Computer with Microsoft Office and internet access Timing Your assessor will advise you of the due date of this assessment. Submit · Answers to all questions Assessment criteria All questions must be answered correctly in order for you to be assessed as having completed the task satisfactorily. Re-submission opportunities You will be provided feedback on their performance by the Assessor. The feedback will indicate if you have satisfactorily addressed the requirements of each part of this task. If any parts of the task are not satisfactorily completed,the assessor will explain why, and provide you written feedback along with guidance on what you must undertake to demonstrate satisfactory performance. Re-assessment attempt(s) will be arranged at a later time and date. You have the right to appeal the outcome of assessment decisions if you feel that you have been dealt with unfairly or have other appropriate grounds for an appeal. You are encouraged to consult with the assessor prior to attempting this task if you do not understand any part of this task or if you have any learning issues or needs that may hinder you when attempting any part of the assessment. Written answer question guidance The following written questions use a range of “instructional words” such as “identify” or “explain”, which tell you how you should answer the question. Use the definitions below to assist you to provide the type of response expected. Note that the following guidance is the minimum level of response required. Analyse – when a question asks you to analyse something, you should do so in detail, and identify important points and key features. Generally, you are expected to write a response one or two paragraphs long. Compare – when a question asks you to compare something, you will need to show how two or more things are similar, ensuring that you also indicate the relevance of the consequences. Generally, you are expected to write a response one or two paragraphs long. Contrast – when a question asks you to contrast something, you will need to show how two or more things are different, ensuring you indicate the relevance or the consequences. Generally, you are expected to write a response one or two paragraphs long. Discuss – when a question asks you to discuss something, you are required to point out important issues or features and express some form of critical judgement. Generally, you are expected to write a response one or two paragraphs long. Describe – when a question asks you to describe something, you should state the most noticeable qualities or features. Generally, you are expected to write a response two or three sentences long. Evaluate – when a question asks you to evaluate something, you should put forward arguments for and against something. Generally, you are expected to write a response one or two paragraphs long. Examine – when a question asks you to examine something, this is similar to “analyse”, where you should provide a detailed response with key points and features and provide critical analysis. Generally, you are expected to write a response one or two paragraphs long. Explain – when a question asks you to explain something, you should make clear how or why something happened or the way it is. Generally, you are expected to write a response two or three sentences long. Identify – when a question asks you to identify something, this means that you are asked to briefly describe the required information. Generally, you are expected to write a response two or three sentences long. List – when a question asks you to list something, this means that you are asked to briefly state information in a list format. Outline – when a question asks you to outline something, this means giving only the main points, Generally, you are expected to write a response a few sentences long. Summarise – when a question asks you to summarise something, this means (like “outline”) only giving the main points. Generally, you are expected to write a response a few sentences long. Assessment Task 1 Instructions Provide answers to all of the questions below: 1. Describe at least two types of existing technology that can be used in knowledge and information management. 2. Describe an emerging technology that can be used in knowledge and information management. 3. Explain all of the following methods of analysis and their relevance to decision making. a) correlation calculations b) short to medium-term term and long-term trend analyses c) probability assessment d) regulation analyses d) dynamic programming e) linear programming f) queuing theory g) Simulation h) transportation methodology 4. Outline three key features of management information systems and decision support systems 5. Explain how risk management plans can be used in making decisions about actions to be taken for a business. Assessment Task 2: Information and knowledge management project Task summary Students are required to research a case study company and write a report to assist the Management Team to make some business decisions. They will then meet with the Management Team and ensure that informed decisions are made. Students will then have to carry out some tasks related to the decisions made and determine how best to communicate these to the stakeholders. This assessment is to be completed in the simulated work environment in the RTO. Required · Access to textbooks and other learning materials · Computer with Microsoft Office and internet access · Briefing Report Template · Business Plan · Communication Report Template · Finance Policy and Procedures · Financial Data · Forecasts Spreadsheet Template · Information Management Policy and Procedures Template · Profit and Loss Statements · Staff Survey Results · Student Feedback Timing Your assessor will advise you of the due date of these submissions. Submit · Email with Briefing Report and Forecasts Spreadsheet attached · Email with an invitation to join a Dropbox account · Email with the following attached: · Communication Plan · Information Management Policy and Procedures · Screen shot Assessment criteria For your performance to be deemed satisfactory in this assessment task, you must satisfactorily address all of the assessment criteria. If part of this task is not satisfactorily completed,you will be asked to complete further assessment to demonstrate competence. Re-submission opportunities You will be provided feedback on their performance by the Assessor. The feedback will indicate if you have satisfactorily addressed the requirements of each part of this task. If any parts of the task are not satisfactorily completed, the assessor will explain why, and provide you written feedback along with guidance on what you must undertake to demonstrate satisfactory performance. Re-assessment attempt(s) will be arranged at a later time and date. You have the right to appeal the outcome of assessment decisions if you feel that you have been dealt with unfairly or have other appropriate grounds for an appeal. You are encouraged to consult with the assessor prior to attempting this task if you do not understand any part of this task or if you have any learning issues or needs that may hinder you when attempting any part of the assessment. Assessment Task 2 Instructions Carefully read the following: King Edward VII College has been operating since 2015. The College is based in Melbourne CBD and has an additional campus in Sydney. The College offers a range of courses in management, marketing, human resources and international business. It currently has 195 students enrolled across all of its courses and both campuses. Courses are offered at all levels, from Certificate II to Graduate Diploma. King Edward VII College is very popular due to its competitive pricing structure, innovative teaching methods and state of the art facilities. The College currently employs 24 staff members that include the CEO, a Sales and Marketing Manager and Sales and Marketing Assistant, Promotions Officer, Human Resources Manager, Operations Manager, Administration Manager, Office Assistant, Receptionist, Academic Manager, Student Services Officer and approximately 14 trainers and assessors. Currently the company is preparing the financial forecasts and projections for the year ahead. The College is planning to open two new campuses, one in Brisbane and one in Adelaide in the next year, and that will have to be factored into the forecasts. As the Operations Manager for King Edward VII College, you have been tasked to prepare the financial forecasts and projections for the upcoming year. This will be used to inform the preparation of budgets and to develop a deeper understanding of the business’s potential. You will also be required to look at various data storage and access systems that could be adopted, and that have the potential to grow with the business. Complete the following activities: 6. Write a business expansion briefing report. You are required to write a report to inform a staff meeting on the proposed company expansion. To do this you will need to review the company’s: · Business Plan · Financial Policy and Procedures · Financial Data · Profits and Loss Statements for the previous three years. · Staff Survey Results · Customer Feedback · Forecast Spreadsheet Template Your report is to include the following: · A review of business performance data · Financial forecast. Use the Forecasts Spreadsheet to record your figures. · A review of staff feedback · A review of customer feedback · Identify, define and analyse business problems and issues · Identify further sources of information on VET · Analysis of trends · A sensitivity analysis on any proposed options · Data storage and access options · A risk management plan Use the Briefing Report Template to guide your work. 7. Send an email to the Management Team (your assessor). The text of the email should be in grammatically correct English, written in an appropriate (polite, business-like) style. It should introduce and summarise the contents of the attachment and seek their feedback. The email text should ask for the place, date and time that a team meeting could be convened to discuss your report. Attach your Briefing Report and Forecasts Spreadsheet to the email. 8. Meet with the Management
Answered 9 days AfterJul 18, 2021

Answer To: T: XXXXXXXXXXBrisbane) | XXXXXXXXXXMelbourne) E: XXXXXXXXXX W: www.newton.edu.au Brisbane Campus:98...

Parul answered on Jul 28 2021
126 Votes
T: +61 731 280 176(Brisbane) | +61 3 9640 0057(Melbourne)
E: [email protected]
W: www.newton.edu.au
Brisbane Campus:98 Cleveland Street, Greenslopes QLD 4120
Melbourne Campus: Level 10, 190 Queen Street, Melbourne VIC 3000
T: +61 731 280 176(Brisbane) | +61 3 9640 0057(Melbourne)
E: [email protected]
W: www.newton.edu.au
Brisbane Campus:98 Cleveland Street, Greenslopes QLD 4120
Melbourne Campus: Level 10, 190 Queen Street, Melbourne VIC 3000
BSBINM601 Manage knowledge and information
Student Assessment Tasks
Student Assessment Tasks
BSBINM601 Manage knowledge and information
Assessment Task 1: Written Questions
Task summary
This is an open book test, to be completed in the classroom.
A time limit of 1 hour to answer the questions is provided.
You need to answer all of the written questions correctly.
Your answers must be word processed and sent to the assessor as an email attachment. 
Required
· Access to textbooks and other learning materials
· Computer with Microsoft Office and internet access
Timing
Your assessor will advise you of the due date of this assessment.
Submit
· Ans
wers to all questions
Assessment criteria
All questions must be answered correctly in order for you to be assessed as having completed the task satisfactorily.
Re-submission opportunities
You will be provided feedback on their performance by the Assessor. The feedback will indicate if you have satisfactorily addressed the requirements of each part of this task.
If any parts of the task are not satisfactorily completed,the assessor will explain why, and provide you written feedback along with guidance on what you must undertake to demonstrate satisfactory performance. Re-assessment attempt(s) will be arranged at a later time and date.
You have the right to appeal the outcome of assessment decisions if you feel that you have been dealt with unfairly or have other appropriate grounds for an appeal.
You are encouraged to consult with the assessor prior to attempting this task if you do not understand any part of this task or if you have any learning issues or needs that may hinder you when attempting any part of the assessment.
Written answer question guidance
The following written questions use a range of “instructional words” such as “identify” or “explain”, which tell you how you should answer the question. Use the definitions below to assist you to provide the type of response expected.
Note that the following guidance is the minimum level of response required.
Analyse – when a question asks you to analyse something, you should do so in detail, and identify important points and key features. Generally, you are expected to write a response one or two paragraphs long.
Compare – when a question asks you to compare something, you will need to show how two or more things are similar, ensuring that you also indicate the relevance of the consequences. Generally, you are expected to write a response one or two paragraphs long.
Contrast – when a question asks you to contrast something, you will need to show how two or more things are different, ensuring you indicate the relevance or the consequences. Generally, you are expected to write a response one or two paragraphs long.
Discuss – when a question asks you to discuss something, you are required to point out important issues or features and express some form of critical judgement. Generally, you are expected to write a response one or two paragraphs long.
Describe – when a question asks you to describe something, you should state the most noticeable qualities or features. Generally, you are expected to write a response two or three sentences long.
Evaluate – when a question asks you to evaluate something, you should put forward arguments for and against something. Generally, you are expected to write a response one or two paragraphs long.
Examine – when a question asks you to examine something, this is similar to “analyse”, where you should provide a detailed response with key points and features and provide critical analysis. Generally, you are expected to write a response one or two paragraphs long.
Explain – when a question asks you to explain something, you should make clear how or why something happened or the way it is. Generally, you are expected to write a response two or three sentences long.
Identify – when a question asks you to identify something, this means that you are asked to briefly describe the required information. Generally, you are expected to write a response two or three sentences long.
List – when a question asks you to list something, this means that you are asked to briefly state information in a list format.
Outline – when a question asks you to outline something, this means giving only the main points, Generally, you are expected to write a response a few sentences long.
Summarise – when a question asks you to summarise something, this means (like “outline”) only giving the main points. Generally, you are expected to write a response a few sentences long.
Assessment Task 1 Instructions
Provide answers to all of the questions below:
1. Describe at least two types of existing technology that can be used in knowledge and information management.
Ans1. Technology that can be leveraged for information and knowledge management issues
1. Artificial Intelligence
2. Decision Support System
2. Describe an emerging technology that can be used in knowledge and information management.
Ans2. One of the most powerful emerging technology that is widely used in Information Management and Knowledge processing is Big Data. It is essentially gathering the raw data from all the sources, collates its, maintains it and regularly updates the information stored so that it can be easily retrievable for the end user. Big Data also uses Artificial Intelligence (AI) and Logical Reasoning System (LRS) that enable to process complex information into thorough analysis that can help in taking sound decisions. With reference to this technology, it takes useful information and converts in such a manner that humans can properly use it. It is widely leveraging for comprehending the trends, collecting raw data that can be interlinked and combined to generate more information.
3. Explain all of the following methods of analysis and their relevance to decision making.
a) correlation calculations
b) short to medium-term term and long-term trend analyses
c) probability assessment
d) regulation analyses
d) dynamic programming
e) linear programming
f) queuing theory
g) Simulation
h) transportation methodology
Ans 3(a) Correlation calculations - Correlation calculations are used to evaluate the strength as well as direction of the linear relationships among pairs of variables. . Two variables or perhaps more can be considered correlated especially in the statistical aspect, if their values change with respect to another. For instance, if the value of one variable decrease or increase similar impact is observed in the value of the other variable. Correlation is between the variables while it doesn’t imply the change in one variable can result into the change of another variable. It is a statistical measure that is dependent upon the direction and size of the relationship between two or more variables.
Ans 3(b) Short to medium-term term and long-term trend analyses - There are three primary types of trends namely short, intermediate as well as long-term. Short term trend analysis is fundamentally based on trends predicted over a very short span of time like days and weeks. Intermediate trend analysis is based on trends over months as well as long-terms trend analysis over decades.
Ans 3(c) probability assessment - A numerical assessment of uncertain events with reference to finite set of incidents. It is not necessarily endowed with mathematical structure which are perhaps interconnected by logical relations like incompatibilities, equivalences and implications.
Ans 3(d) regulation analysis - A regulator analysis is perhaps a formal analysis of a recommended government agency requirement. This includes estimating costs and benefits that are quantified to the complete possible extent. As per NRC one utilises regulatory analysis to compensate the preferred alternatives from the potential courses of action that is comprehended.
Ans 3(e) Dynamic Programming - It is essentially a plan for optimization over the simple recursion. While one comprehends a recursive solution, it gets repeated calls to provide dynamic programming. The concept is to naturally store the results of subproblems such that one re-compute the solution later.
Ans 3(f) Linear Programming - It is a novel way to attain the best outcome like maximum profit and minimum expense such that mathematical model whose requirements are highlighted by linear relationships.
Ans 3(g) Queuing Theory - It comprehend to the mathematical research of the function, formation as well as congestion of waiting queues or lines. Essentially, a queuing condition involves in various parts. Queuing theory is referred as customer, request and jobs.
Ans 3(h) Simulation - A simulation is the imitation of an operation of various real-world process or perhaps system over period of time. It requires the utilisation of models that showcase the natural characteristics or behaviours to be selected process as well as systems while simulation also exhibits evolution of model over a time duration.
Ans 3(i) Transportation Methodology - It is one of the most effective methodology of linear programming that is implemented to various problems associated to various research regarding the transportation routes. For instance, how effectively the products from various sources of production is transported such that they reach the destination on time.
4. Outline three key features of management information systems and decision support systems
Ans 4. Three key features of MIS and decision support systems
· Adaptability
· Flexibility
· High level of Interactivity
5. Explain how risk management plans can be used in making decisions about actions to be taken for a business.
Ans 5. Risk Management plan that can help in sound decision making
· Identify the Risk
· Assess the Risk
· Manage the Risk
· Monitor
· Review
Assessment Task 2: Information and knowledge management project
Task summary
Students are required to research a case study company and write a report to assist the Management Team to make some business decisions. They will then meet with the Management Team and ensure that informed decisions are made. Students will then have to carry out some tasks related to the decisions made and determine how best to communicate these to the stakeholders.
This assessment is to be completed in the simulated work environment in the RTO.
Required
· Access to textbooks and other learning materials
· Computer with Microsoft Office and internet access
· Briefing Report Template
· Business Plan
· Communication Report Template
· Finance Policy and Procedures
· Financial Data
· Forecasts Spreadsheet Template
· Information Management Policy and Procedures Template
· Profit and Loss Statements
· Staff Survey Results
· Student Feedback
Timing
Your assessor will advise you of the due date of these submissions.
Submit
· Email with Briefing Report and Forecasts...
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