Overview

Framework:
RQF
Level:
Level 2
Unit No:
H/615/7744
Credits:
3
Guided learning hours:
25 hours

Assessment Guidance

Portfolio of Evidence

Aim

Learners will have the opportunity to identify potential entrepreneurial activities, prepare for them and then present their ideas to others.

For the full unit details, please download the latest version of the qualification specification. This is available for download on the relevant qualifications page.

Unit Learning Outcomes

To view the assessment criteria and any additional content, please expand the relevant learning outcome below.

1 — Be able to explore ideas for an enterprise activity.

Learners must provide sufficient and valid evidence to achieve this outcome. 

Assessment Criteria

  • 1.1

    Identify ideas that could be developed for an enterprise activity.

  • 1.2

    Select ideas with most potential for further exploration.

2 — Be able to test out ideas with potential customers.

Learners must provide sufficient and valid evidence to achieve this outcome.

Assessment Criteria

  • 2.1

    Gather feedback from potential customers on proposed activities.

  • 2.2

    Use feedback to determine the focus of the enterprise activity.

3 — Understand the risks involved in implementing the enterprise activity.

Examples of potential risks may include:

  • idea is unrealistic eg too costly, no market, to complex
  • unable to deliver the activity within budget, on time, to required standards
  • insufficient resources or people to support the activity

Ways to mitigate risk may include:

  • effective pre-planning and research
  • risk assessment 
  • contingency plans
  • anticipate potential problems

Assessment Criteria

  • 3.1

    Identify the risks of selected activity.

  • 3.2

    Describe ways to mitigate the risks.

4 — Be able to present an idea for an enterprise activity to an audience.

Learners must provide sufficient and valid evidence to achieve this outcome.

Assessment Criteria

  • 4.1

    Pitch selected idea in a format suitable to the targeted audience.