MSTFD6001
Evaluate commercial viability of designs


Application

This unit of competency covers the skills and knowledge required to evaluate the commercial viability of the mass production and sale of fashion designs.

The unit of competency applies to evaluating the ability of fashion design concepts and proposals to assist in achieving business goals and financial targets. Skills covered by this unit are used to assist in making decisions about which fashion designs to select for commercial production and sale.

Work may be conducted in small to large scale enterprises and may involve individual and team activities.

No licensing, legislative or certification requirements apply to this unit at the time of publication.


Elements and Performance Criteria

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1

Determine job requirements

1.1

Follow standard operating procedures (SOPs)

1.2

Comply with work health and safety (WHS) requirements at all times

1.3

Use appropriate personal protective equipment (PPE) in accordance with SOPs

1.4

Determine job requirements from specifications, job sheets or work instructions

2

Prepare to evaluate commercial viability

2.1

Analyse current business plan and identify business objectives and financial targets to review business position

2.2

Review business practices, past products and records of commercial success to assess relevance for future developments

2.3

Identify workplace criteria for measuring commercial success of products

2.4

Identify potential designs and assess their ability to meet client or target market needs and expectations

2.5

Analyse costing and production strategies of designs and assess alignment of designs to business goals and practices

3

Select designs for commercial development

3.1

Identify workplace criteria for selection of designs

3.2

Analyse designs against selection criteria

3.3

Consult senior management in selection of designs

3.4

Determine which designs will be developed for commercial production

4

Establish evaluation mechanism

4.1

Establish financial targets for design production

4.2

Implement monitoring systems to measure progress of design production and return

4.3

Evaluate design selection against commercial targets

4.4

Document findings and file according to workplace procedures

Evidence of Performance

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria, and include:

reading and following work instructions, standard operating procedures (SOPs) and safe work practices

applying relevant standards

reviewing business position, business practices, past products and records of commercial success to assess relevance for future developments

identifying potential designs and assessing their ability to meet client or target market needs and expectations

analysing costing and production strategies of designs to check if they align to business goals and workplace procedures

following established communication protocols to consult senior management to select at least two (2) designs that are suitable to be developed for commercial production

establishing and monitoring financial targets and evaluating design selection process and outcomes against commercial targets

documenting findings and filing according to workplace procedures.


Evidence of Knowledge

Evidence must be provided that demonstrates knowledge of:

specifications for commercial viability

relevant Australian Standards

business goals and strategies

business practices

costing and production strategies

commercial success criteria

practices and procedures for costing design production

industry trends and market practices

financial monitoring system

quality practices

workplace practices

recording and reporting practices.


Assessment Conditions

Assessors must:

satisfy the assessor competency requirements that are in place at the time of the assessment, as set by the VET regulator

have vocational competency in evaluating commercial viability of fashion design, at least to the level being assessed, with relevant industry knowledge and experience.

Assessment should occur in operational workplace situations. Where this is not possible, or where personal safety or environmental damage are limiting factors, assessment must occur in a sufficiently rigorous simulated environment reflecting realistic operational workplace conditions. This must cover all aspects of workplace performance, including environment, task skills, task management skills, contingency management skills and job role environment skills.

Assessment processes and techniques must be appropriate to the language, literacy and numeracy requirements of the work being performed and the needs of the candidate.

Conditions for assessment must include access to all tools, equipment, materials and documentation required, including relevant workplace procedures, product and manufacturing specifications associated with this unit.


Foundation Skills

This section describes those required skills (language, literacy and numeracy) that are essential to performance.

Foundation skills essential to performance are explicit in the performance criteria of this unit of competency.


Range Statement

This field allows for different work environments and conditions that may affect performance. Essential operating conditions that may be present (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) are included.

Workplace procedures include one or more of the following:

requirements prescribed by legislation, awards, agreements and conditions of employment

SOPs

work instructions

PPE

oral, written and visual communication

quality practices, including responsibility for maintenance of own work quality and contribution to quality improvement of team or section output

housekeeping

tasks related to environmental protection, waste disposal, pollution control and recycling

WHS requirements

Australian Standards include:

the relevant industry or Australian Standards that are current at the time this unit is being undertaken

Current business practices include one or more of the following:

use of in-house; cut, make and trim (CMT) and offshore production suppliers

use of expertise external to organisation

development of organisational image and market position

pricing and budget strategies

marketing and sales strategies

Commercial success criteria include two or more of the following:

potential financial return

alignment with business goals and corporate image

client acceptance

availability of materials and resources for production

suitability of production processes

marketing potential

place in the market and product life cycle

production costs and timelines


Sectors

Not applicable


Competency Field

Fashion design and technology