Unit of competency Outline

Date retreived
23/07/2026 10:10 PM AWST

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Use big data for operational decision making

Use big data for operational decision making

Unit of competency
National Code
BSBXBD404
State Code
OBO83
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
28/02/2020
View on TGA
State Implementation and Classification
Approved Date
14/05/2020
Field of Education
080301 - Business Management
Original Release Date
14/05/2020
Nominal Hours
35
Description
This unit describes the skills and knowledge required to analyse, interpret and apply insights from big data when making operational decisions. It involves applying skills in decision making and techniques for using big data in day-to-day work.It applies to those who work in leadership and management positions, including in their own small business, in a broad range of industries who use big data analytics to drive their operational decision making.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Identify business requirements relating to big data
  • 1.1 Scope and confirm operational decision-making requirements
  • 1.2 Identify opportunities for use of big data in business decision making
  • 1.3 Confirm nature and scope of report requirements
2. Interpret big data sources and summaries
  • 2.1 Access required big data sources and summaries according to organisational policies and procedures and legislative requirements
  • 2.2Apply insight analysis and descriptive statistics that support operational decision making
  • 2.3 Use findings to identify insights that relate to identified operational decision-making requirements
3. Make operational decision based on big data analysis
  • 3.1 Draft report on data analytics, applying identified insights to operational decision-making requirements
  • 3.2 Seek input and integrate feedback from required stakeholders according to organisational policies and procedures
  • 3.3 Finalise and distribute recommendations to required personnel according to organisational and legislative requirements
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