Introduction

The assessment tasks for BSBINS601 Manage knowledge and information are outlined in the assessment plan below. These tasks have been designed to help you demonstrate the skills and knowledge that you have learnt during your course.

Please ensure that you read the instructions provided with these tasks carefully. You should also follow the advice provided in the Business Works Student User Guide. The Student User Guide provides important information for you relating to completing assessment successfully.

Assessment for this unit

BSBINS601 Manage knowledge and information describes the skills and knowledge required to develop and maintain information and data systems to support decision making, and to optimise the use of knowledge and learning throughout the organisation.

For you to be assessed as competent, you must successfully complete two assessment tasks:

• Assessment Task 1: Knowledge questions – You must answer all questions correctly.
• Assessment Task 2: Project – You must work through a range of activities and complete a project portfolio.

Assessment Task 1: Knowledge questions

Questions

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.

• correlation calculations
• short to medium-term term and long-term trend analyses
• probability assessment
• regulation analyses
• dynamic programming
• linear programming
• queuing theory
• simulation

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.

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