Assessment Details & Requirements The performance of your company through the 8 Practice Rounds will be assessed using the methodology of the Balanced ScoreCard model, as used in the Capstone...

Capsim


Assessment Details & Requirements The performance of your company through the 8 Practice Rounds will be assessed using the methodology of the Balanced ScoreCard model, as used in the Capstone simulation. · The Balanced ScoreCard, and its metrics, will be discussed in class during the semester. You can also access information about the Balanced ScoreCard from your Capstone company's dashboard. · The Balanced ScoreCard points that your company achieves for the 8 Practice Rounds, plus the Recap Points, will be converted to a mark for your Practice Round Score.  · All members of a Capstone company at date of the completion of the 8 Practice Rounds receive the assessment marks for that company's performance in the 8 Practice Rounds. Scoring System The performance of your company through the Practice Rounds will be assessed using the Balanced Scorecard model, as used in the Capstone simulation. The Capstone Balanced ScoreCard has per round metrics, and recap metrics after you have completed eight rounds. · There are 760 points in total available in the Capstone Balanced ScoreCard from the per round metrics after all eight rounds. · There are 240 points available in the Capstone Balanced ScoreCard Recap metrics at the end of eight rounds. · Total points available equals 1,000 (760 + 240) Your company’s score will be scaled against the highest student score to obtain a mark for the semester. FOR EXAMPLE If your company’s total score in the Practice Rounds is 770; and if the highest student score is 940; then your score is compared to the highest student score and scaled to a mark out of 20; as per ... · 770 / 940 = approx. 82% · 82% of 20 = 16.4 Practice Rounds Background To do the Practice Rounds, in the Capstone simulation, you will be required to form a company (or, with the permission of the student already in that company/group, join a Capstone company already formed). · You do the Practice Rounds (PRs) in a group of 2 members.  Your company operates for 8 years, called Practice Rounds. · Each Practice Round is a simulated ’year’ in the life of your company and its industry. · Practice Rounds are an activity where you practice business decision-making, with the support of teaching staff.   You should follow the Practice Rounds completion schedule as set out above in the Teaching Schedule section in this Course Guide.  · It is important to follow this schedule as it is linked to assessment activities. NOTE All members of a Capstone company are expected to fully participate in the strategic planning, decision-making, and assessment activities for their company.  · Once you have joined, or formed, a Capstone company, you will not be able to leave that company without the permission of the course coordinator. · Therefore, if you wish to join or form another company, you need to contact the course coordinator by email as soon as possible for this to occur. · You will not be allowed to leave a group after Practice Round 4, except under exceptional circumstances. If your group is not functioning properly -- e.g. one member is not doing a fair share of the work in a timely manner -- or if your group wishes to disband, then your group needs to notify your class teacher and the course coordinator by email immediately. · While teaching staff will assist in resolving problems in a group, the members of each group are primarily responsible for the actions and decisions of that group.  · All members of a Capstone company at the submission date for each assessment item will share the marks awarded to that company for that assessment item.