Unit of competency Outline

Date retreived
22/07/2026 3:11 PM AWST

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Improve cost factors in work practices

Improve cost factors in work practices

Unit of competency
National Code
MSS403030
State Code
BAK27
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
22/06/2016
View on TGA
State Implementation and Classification
Approved Date
08/08/2016
Field of Education
080301 - Business Management
Original Release Date
08/08/2016
Nominal Hours
50
Description
This unit of competency covers 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.Typical decisions include the efficient organisation of own work and that of others in a work area or within a team/group and the improvement of throughput and cycle times.Decisions are made within the scope of the authority of the individual and other employees in the area or team/group and according to procedures.This unit primarily requires the application of skills associated with communication and information gathering, teamwork and problem solving to analyse the cost components of work processes. Initiative and enterprise, and planning and organising are also required to identify opportunities for improved cost-efficiency. This unit also requires a degree of self-management and learning to effectively operate and maintain skills and performance.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
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/or reducing costs within area or team’s responsibility.
  • 2.2 Determine cost/benefit ratio of alternative methods of improving productivity and/or reducing costs.
  • 2.3 Consult with all relevant 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 relevant stakeholders.
No information
No information
Replaces
State Code National Code Title Type
WD524 MSS403030A Improve cost factors in work practices Unit of competency
Replaced By
State Code National Code Title Type
OAF31 MSS403086 Improve cost factors in work practices Unit of competency