Application
This unit describes the skills required to dispose of assets and gain a return from sales. It includes identifying assets for disposal, developing and implementing an asset disposal strategy, and evaluating disposal.
This unit applies to those personnel whose duties include carrying out the disposal of assets.
The skills and knowledge described in this unit must be applied within the legislative, regulatory and policy environment in which they are carried out. Organisational policies and procedures must be consulted and adhered to.
Those undertaking this unit will be working independently, and as part of a team, while performing routine tasks in familiar context.
No licensing, legislative or certification requirements apply to unit at the time of publication.
Elements and Performance Criteria
ELEMENTS | PERFORMANCE CRITERIA |
Elements describe the essential outcomes | Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the range of conditions section. |
1. Develop a strategy for the disposal of assets | 1.1 Identify assets for disposal. 1.2 Determine potential market value of assets. 1.3 Evaluate case for expending resources to add value to assets prior to sale. 1.4 Investigate options for disposal and determine method providing maximum return, in the context of policy, probity requirements and desired outcomes. 1.5 Consider disposal requirements for special categories of assets, including environmental and corporate social responsibility issues. 1.6 Consult stakeholders and incorporate feedback into strategy. |
2. Implement a disposal strategy | 2.1 Write off and dispose of goods according to approved disposal plan and requirements. 2.2 Maintain records for audit and evaluation purposes. 2.3 Evaluate asset disposal against expected outcomes, including forecast market value of assets and document. |
Evidence of Performance
Evidence required to demonstrate competence must satisfy all of the requirements of the elements and performance criteria. If not otherwise specified the candidate must demonstrate evidence of performance of the following on at least one occasion:
preparing documentation and audit trail for disposed assets
communicating and networking with clients, suppliers, stakeholders and end users
providing feedback
reading and applying complex formal documents
making judgements to provide maximum return from asset disposal
managing financial and other resources in the context of asset disposal
applying probity requirements in relation to the disposal of assets
Evidence of Knowledge
Evidence required to demonstrate competence must satisfy all of the requirements of the elements and performance criteria. If not otherwise specified the depth of knowledge demonstrated must be appropriate to the job context of the candidate.
commonwealth, state or territory, and local government procurement guidelines
requirements of financial rules and regulations relating to asset disposal
legal aspects of disposals
disposal approval processes
implications of particular contracting agreements for asset disposal
implications of asset disposal for whole-of-life considerations
options for government disposal
risk management procedures for disposal of assets
disposal requirements for special categories of assets
probity principles and issues
codes of conduct, codes of practice and standards of individual behaviour relating to disposal of assets
legislation, policy and procedures relating to asset disposal, including WHS, environmental, sustainability and corporate social responsibility considerations
Assessment Conditions
This unit contains no specific industry-mandated assessment conditions. Guidance on suggested and recommended conditions and methods can be found in the Implementation Guide.
Assessors must satisfy the NVR/AQTF mandatory competency requirements for assessors.
Foundation Skills
Foundation skills are embedded within the elements and performance criteria of this unit.
Competency Field
Procurement