Application
This unit describes the skills and knowledge required by an individual to evaluate the product or process outcomes of a team or work group in terms of their cost components and to be able to determine, in general terms, the cost impacts of alternative actions. This includes the efficient organisation of own work, and that of others in a work area or within a team, and the improvement of throughput and cycle times.
This applies to team members who will be required to problem solve, show initiative, plan, organise and manage own output and development. Decisions are made within the scope of the authority of the individual and other employees in the area or team and according to procedures.
No licensing or certification requirements exist at the time of publication. Relevant legislation, industry standards and codes of practice within Australia must be applied.
Elements and Performance Criteria
Elements describe the essential outcomes. | Performance criteria describe the performance needed to demonstrate achievement of the element. | ||
1 | Analyse cost components of work area or team function | 1.1 | Identify cost components in the product or process |
1.2 | Identify costs factors under control of area or employees in the team | ||
1.3 | Identify causes of variability in costs | ||
1.4 | Analyse impact of costs on production or process activities undertaken | ||
2 | Improve cost-efficiency of processes and procedures | 2.1 | Identify methods of improving productivity and reducing costs within area or team’s responsibility |
2.2 | Calculate cost benefit ratio of alternative methods of improving productivity and reducing costs | ||
2.3 | Consult with all stakeholders regarding possible changes | ||
2.4 | Recommend changes which will increase productivity and reduce cost and variability | ||
2.5 | Implement recommended changes in consultation with stakeholders | ||
Foundation Skills
This section describes those language, literacy, numeracy and employment skills that are essential to performance.
Foundation skills essential to performance are explicit in the performance criteria of this unit of competency.
Sectors
Not applicable
Competency Field
Competitive systems and practices