Unit of competency Outline

Date retreived
23/07/2026 7:46 AM AWST

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Select new technology supported business model

Select new technology supported business model

Unit of competency
National Code
ICTICT521
State Code
OBU04
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
21/07/2020
View on TGA
State Implementation and Classification
Approved Date
15/01/2021
Field of Education
020305 - Systems Analysis And Design
Original Release Date
15/01/2021
Nominal Hours
20
Description
This unit describes the skills and knowledge required to identify opportunities for using new technology to support and enable efficient business models.The unit applies to senior Information and Communications Technology (ICT) staff in a range of areas who are required to research innovative approaches to meeting organisational requirements.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Evaluate current state
  • 1.1 Map existing ICT process flow against performance standards and identify areas that may benefit from improvement
  • 1.2 Evaluate existing business models and processes
  • 1.3 Identify and analyse changes in technological, client and supply chain environments
  • 1.4 Document factors identified and submit to required personnel for review
2. Research business models
  • 2.1 Investigate alternative business models in use in similar businesses
  • 2.2 Identify and determine relevance of business models in use and under development in other industry sectors
  • 2.3 Investigate and evaluate new business models
  • 2.4 Evaluate opportunities identified against business requirements
  • 2.5 Prioritise and document identified opportunities
3. Propose new business model
  • 3.1 Select new business model according to organisational requirements
  • 3.2 Develop performance benchmarks for chosen business model
  • 3.3 Determine and model new business processes
  • 3.4 Document proposed business model according to organisational procedures
  • 3.5 Submit documentation to required personnel for sign-off
No information
No information
Replaces
State Code National Code Title Type
AUX17 ICTICT507 Select new technology models for business Unit of competency
State Code National Code Title Type
BFG0 ICT50120 Diploma of Information Technology Qualification
BGJ4 ICT50220 Diploma of Information Technology Qualification