Assessor Resource

MSS402087
Apply cost factors to work practices

Assessment tool

Version 1.0
Issue Date: May 2024


You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)

Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assingnment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)


Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.
Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Identify cost components in process, product or service in own work area 
Identify alternative actions and related cost components 
Identify impact of current and alternative actions on costs 
Identify required production or process rate and major costs 
Identify costs factors that can and cannot be controlled by individual or team 
Relate identified costs factors to impact on overall cost of production or process 
Identify cost factors that are constraint to cost efficiency in own work area 
Identify changes to improve cost efficiency 
Explain to relevant people implications of changes, using simple financial terms 
Discuss changes with relevant people to identify positive and negative non-financial implications and determine acceptable negative impact 
Select actions which minimise overall costs within acceptable negative impact 
Monitor actions to ensure cost efficiency in own work area is maintained 

Forms

Assessment Cover Sheet

MSS402087 - Apply cost factors to work practices
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:


Assessment Record Sheet

MSS402087 - Apply cost factors to work practices

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: