This section describes the essential skills and knowledge and their level required for this unit

Required skills

communication skills to negotiate client requirements and consult with industry experts and others

computing skills to access the internet and web pages prepare and complete online forms lodge electronic documents and search online databases

interpersonal skills to relate to people from a range of social cultural and ethnic backgrounds and varying physical and mental abilities

literacy skills to interpret written and oral information

organisational skills to plan and schedule time lines and objectives and to source and access information

problem solving skills to anticipate factors that may affect asset regeneration and to assess risk

research skills to source analyse and interpret asset and market information

technical skills to use software for planning and scheduling tasks use financial and assessment software and spreadsheets efficiently and access market information

Required knowledge and understanding

financial analysis and modelling

implications for business continuity

industry benchmarks

limitations of work role responsibility and professional abilities

OHS issues and requirements

organisational and professional procedures ethical practices and business standards

regeneration methods

relevant federal and state or territory legislation and local government regulations related to

antidiscrimination

consumer protection

environmental issues

equal employment opportunity EEO

financial probity

franchise and business structures

industrial relations

OHS

privacy

property sales leasing and management

sources of industry and market information

sources of industry data

strategic management principles and practices

strategic planning

supply and demand economics

taxation as it applies to asset regeneration

Overview of assessment

This unit of competency could be assessed through practical demonstration of analysing and determining regeneration options for property or assets Targeted written including alternative formats where necessary or verbal questioning to assess the candidates underpinning knowledge would provide additional supporting evidence of competence The demonstration and questioning would include collecting evidence of the candidates knowledge and application of ethical standards and relevant federal and state or territory legislation and regulations This assessment may be carried out in a simulated or workplace environment

Critical aspects for assessment and evidence required to demonstrate competency in this unit

A person who demonstrates competency in this unit must be able to provide evidence of

interpreting and applying applicable legal ethical and organisational requirements

establishing regeneration options and expectations through an assessment of consultation and sourced market information

knowledge of organisations practices ethical standards and legislative requirements associated with analysing and determining regeneration options for property or assets

providing advice and recommendations on a preferred regeneration option using client feedback within agreed timeframes

testing the assessment process against assessment measures and criteria and implementing strategies to improve future processes

using suitable analysis methods and techniques to assess regeneration options and decide on a preferred option

Context of and specific resources for assessment

Resource implications for assessment include

a registered provider of assessment services

assessment materials and tools

candidate special requirements

competency standards

cost and time considerations

suitable assessment venue and equipment

workplace documentation

Where applicable physical resources should include equipment modified for people with disabilities

Access must be provided to appropriate learning andor assessment support when required

Assessment processes and techniques must be culturally appropriate and appropriate to the language and literacy capacity of the candidate and the work being performed

Validity and sufficiency of evidence require that

competency will need to be demonstrated over a period of time reflecting the scope of the role and the practical requirements of the workplace

where the assessment is part of a structured learning experience the evidence collected must relate to a number of performances assessed at different points in time and separated by further learning and practice with a decision of competence only taken at the point when the assessor has complete confidence in the persons competence

all assessment that is part of a structured learning experience must include a combination of direct indirect and supplementary evidence

where assessment is for the purpose of recognition RCCRPL the evidence provided will need to be current and show that it represents competency demonstrated over a period of time

assessment can be through simulated projectbased activity and must include evidence relating to each of the elements in this unit

In all cases activity and must include evidence relating to each of the where practical assessment is used it will be combined with targeted questioning to assess the underpinning knowledge Questioning will be undertaken in such a manner as is appropriate to the language and literacy levels of the candidate and any cultural issues that may affect responses to the questions and will reflect the requirements of the competency and the work being performed

Asset may include:

Regeneration may relate to:

Clients may include:

Communication strategies may relate to:

Analysis:

Relevant information may include:

Strategic context may relate to:

Organisational requirements may be outlined and reflected in:

Legislative requirements may be outlined and reflected in:

Risk factors that may influence regeneration may include:

Evaluation methods could be qualitative or quantitative and may include:

Strategiesto improve may be assessed for:

Business equipment and technology may include:

Feedback may be received through: