Chapter Name: Evaluate Business Indicators and Predict Profitability Threats
Description:Focuses on using data to assess current profitability and forecast future risks.
Purpuse:Support proactive decision-making to protect and enhance profitability.
Rational:Profit forecasting allows for early intervention and strategic pivots.
Chapter Assessment
Scope of Practical Skill
Key Requirement 1: Analyse the specific situation
Review financial metrics and operational KPIs.
Key Requirement 2: Identify the appropriate processes that must be used
Select forecasting and analysis models.
Key Requirement 3: Apply the processes and package the findings and
Create a financial performance report with future risk projections.
Key Requirement 4: Follow implementation steps and review for improvement
Apply proactive measures to mitigate projected risks.
Assessment Questions
Assessment 1 : Observe and evaluate the extent to which the candidate follows the procedural steps and applies the behavioural processes
None
Assessment 2 : Evaluate the level of demonstrated understanding of the theories and concepts that underpin the applied techniques
None