Part 1: By completing this unit, you should now be able to understand the impact of management information on decision making within an organisation (Learning Outcome 1)
Illustrate your answers with examples from your own workplace where possible.
(Indicative word count: 700 – 800)
Assessment Criteria
1.1 Identify the features of data and information
1.2 Determine the criteria to be applied when selecting data and information to support decision making
1.3 Evaluate the impact of a management information system to an organisation
Part 2: By completing this unit, you should now be able to understand the importance of information sharing within the organisation (Learning Outcome 2)
Illustrate your answers with examples from your own workplace where possible.
(Indicative word count: 700 – 800)
Assessment Criteria
2.1 Determine the legal responsibilities in sourcing, sharing and storing information
2.2 Discuss when information should be offered and access allowed
2.3 Evaluate the formats in which information can be offered
Part 3: By completing this unit, you should now be able to be able to use information to inform and support strategic decision making (Learning Outcome 3)
(Indicative word count: 600 – 700)
Assessment Criteria
3.1 Analyse information to identify patterns and trends
3.3 Determine the sources available to assist in analysing data and information
Part 4: By completing this unit, you should now be able to:
Use information to inform and support strategic decision making (Learning Outcome 3)
Be able to monitor and review management information (Learning outcome 4)
Illustrate your answers with examples from your own workplace where possible.
(Indicative word count: 450 – 550)
Assessment Criteria
3.2 Evaluate a range of decision making tools and techniques available to support a strategic decision
4.1 Critically review methods of evaluating management information within an organisation
Part 5: By completing this unit, you should now be able to monitor and review management information (Learning Outcome 4)
Illustrate your answers with examples from your own workplace where possible.
(Indicative word count: 550 – 650)
Assessment Criteria
4.2 Evaluate methods of developing information capture to inform and support strategic decision making
4.3 Discuss processes for analysing impact of information on strategic decisions made
Reflective Statement
Describe how you believe the knowledge and understanding you have gained from completing this unit will help you in your role as a strategic manager in the future.
(Indicative word count: 250 – 300)