Module Outline

Date retreived
22/07/2026 10:07 AM AWST

Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.

Managing Finance - Operating & Capital Expenditure

Managing Finance - Operating & Capital Expenditure

Module
National Code
NGMS116
State Code
15021
DTWD Status
Approved
State Implementation and Classification
Approved Date
17/03/1994
Field of Education
081101 - Banking And Finance
Nominal Hours
34
Description
The purpose of this module is to provide competency based training in the
identification and analysis of opportunities to improve operational and
financial performance through the effective management of, and expenditure on,
operating and capital resources.

The aims of the module are for participants to acquire the skills, knowledge,
attributes and professional practices that will enable them to:

-recognise the financial implications of effectively utilising operating and
capital resources
-review and analyse their impact on operations
-make informed and effective decisions on investments in operating and capital
assets to optimise operational efficiency
-achieve financial performance.
No information
Evidence Guide
Internal Assessment 100%

The methods by which evidence of achievement of competence by participants can
be assessed must be specified and provided to participants.

The demands of any assessment should be NO MORE than required to demonstrate
competency.
Demonstration requires assessment of the task or project during performance as
well as evaluation of the product.

The method(s) chosen should be appropriate to the information sought and the
environment in which it may be logically , safely and economically conducted.
Elements and Performance Criteria
No information
No information
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