Unit of competency Outline

Date retreived
22/07/2026 2:38 PM AWST

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Develop a business case

Develop a business case

Unit of competency
National Code
PSPMGT006
State Code
AWU54
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
07/03/2016
View on TGA
State Implementation and Classification
Approved Date
21/07/2016
Field of Education
080399 - Business And Management, N.e.c.
Original Release Date
21/07/2016
Nominal Hours
60
Description
This unit describes the skills required to perform market analysis, development and cost options, and justify for a recommended business solution. This unit applies to those developing appropriate and cost-effective business solutions.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 would work autonomously, performing complex tasks in a range of familiar contexts.No licensing, legislative or certification requirements apply to unit at the time of publication.
Notes
Elements and Performance Criteria
1. Research a business case
  • 1.1 Identify and confirm business problem.
  • 1.2 Analyse key stakeholder requirements to clarify objectives.
  • 1.3 Consider a range of factors to identify opportunities and constraints.
  • 1.4 Conduct market analysis.
2. Examine business solutions
  • 2.1 Analyse and document business and technical impacts and risks.
  • 2.2 Analyse community, environmental and human resource impacts.
  • 2.3 Canvas for alternative solutions and their financial implications and discuss with senior management and business case originator.
3. Construct a business case
  • 3.1 Develop options and determine and document impacts, risks, costs and stakeholders.
  • 3.2 Make and justify recommendations.
4. Finalise a business case
  • 4.1 Present business case and explain recommendations.
  • 4.2 Obtain approvals and management endorsement.
No information
No information
Replaces
State Code National Code Title Type
C8211 PSPMNGT607B Develop a business case Unit of competency