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NVQ level 5 Unit B5 securing financial resources

Posted: Thu Nov 11, 2010 10:30 am
by jkelleher
Hi all,

I am working my way through NVQ level 5 in occupational Health and Safety practice, currently stuck on unit B5 securing financial resources for your organisational plans:
I am aware that this unit is from the management standards, it has nothing to to do with my job as site HSE Manager i am really struggling to get started with this module. At the moment i dont seem to be getting the right sort of help from my assesor (distance learning) i am struggling to piece anything together. This is not my job i am not an accountant, these issues are not even dealt with at my site they are worked out somewhere else.

Any help would be much appreciated.

Jim

Re: NVQ level 5 Unit B5 securing financial resources

Posted: Thu Nov 11, 2010 5:00 pm
by simple74
Hi Jim

Could you not tackle this from an angle of any initiatives etc that you have identified and associated costs for that initiative?? e.g. I have recently identified a weakness in our accident/investigation process, the officers that work within the team need root cause analysis training so i had to send a report to the MD outlining the reasons why etc and costs backed up with the benefits, the MD reviewed and then signed off the training expenses.

Is that not securing finacial resources??? Thats how i interpret the question but then thats me!!

Simon

Re: NVQ level 5 Unit B5 securing financial resources

Posted: Fri Nov 12, 2010 8:53 am
by Hedgehog70
That would be my interpretation as well. I would also break it down to short, medium and long term needs to assist budgetary planning. I would be looking at an minimum plan term of 3 years, but ideally 5 years.

1) Identify the area of need/concern/weakness
2) Identify the potential reprecussions
3) Identify the solution
4) Identify the benefits
5) Outline the costs and build in a tolerance of say +/- 15%

T

Re: NVQ level 5 Unit B5 securing financial resources

Posted: Fri Nov 12, 2010 8:36 pm
by jkelleher
Thanks for your input guys, i can see where you are coming from i will run this by my assessor.

Thanks

jim

Re: NVQ level 5 Unit B5 securing financial resources

Posted: Sat Nov 13, 2010 8:45 pm
by acko 338
When I did mine three years ago, I had to prove direct control of budget funds, and ways that I directly influenced choices for items such as correct and fit for use PPE, face fit testing, testing for breathing air compressors, quotes and work needed on occupational health testing - hearing eye sight, noise testing for the whole of the production areas etc.

I also convinced directors that PPE used in hearing protection zones would be better fitted personally with in ear protectors rather than throw away foam units.

These were all accepted items used as evidence for myself - hope that helps!

Re: NVQ level 5 Unit B5 securing financial resources

Posted: Mon Nov 15, 2010 6:07 pm
by linda
Hi

Also have a look if you have had to move resources around. E.g staff hours on site, additional staff to cover extra safety. it all comes out of a budget - you may just see it as permitted hours.

Also what about any funding CITB monies coming it - its getting resources for your site projects too.

Regards

Linda

Re: NVQ level 5 Unit B5 securing financial resources

Posted: Tue Nov 23, 2010 9:47 am
by Keith1983
If your employer is funding your NVQ then that's a great example of securing a resource with a direct influence on H&S provision within your workplace.