Unit of competency Outline
Date retreived
22/07/2026 1:10 AM AWST
22/07/2026 1:10 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.
Apply asset management system
Apply asset management system
Unit of competency
National Code
TLIL4073A
TLIL4073A
State Code
S8312
S8312
TGA Status
Replaced
Replaced
DTWD Status
Replaced
Replaced
State Implementation and Classification
Approved Date
05/11/2014
Field of Education
080101 - Accounting
Original Release Date
05/11/2014
Nominal Hours
30
Description
This unit involves the skills and knowledge required to apply asset management systems. This includes identifying and classifying assets, recording assets and their condition, and maintaining an asset management system. Licensing, legislative, regulatory or certification requirements are applicable to this unit.
Notes
Elements and Performance Criteria
1 Identify designated area of responsibility
- 1.1 Designated area of responsibility is identified in accordance with organisational requirements
- 1.2 Contribution is made to the maintenance of the asset register on the basis of current and ongoing needs and in accordance with organisational requirements
- 1.3 Assets to be recorded in the asset register are identified in accordance with organisational requirements
2 Record assets and their condition
- 2.1 Specified details of all material assets are identified and recorded in accordance with the asset management policies and procedures
- 2.2 Condition of each asset is determined and corrective maintenance tasks are recorded in accordance with manufacturer specifications, relevant Australian standards and organisational requirements
- 2.3 If applicable, the useful/residual life of each asset is determined in accordance with manufacturer specifications and organisational requirements
3 Maintain records within asset management system
- 3.1 Records of asset management activities are updated in accordance with organisational requirements
- 3.2 Periodic audits are conducted to ensure accuracy of asset register in accordance with organisational requirements
- 3.3 Contribution is made to any review of the asset management system to ensure it is supporting business needs in accordance with organisational requirements
- 3.4 Guidance is provided in accordance with organisational requirements to support effective management and maintenance of the asset register
RANGE STATEMENT
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance.
Area of responsibility and assets may include:
track and components
structures and components
right of way and components
plant and equipment
signalling and electrical components
buildings
assets in the process of being transferred
land
office equipment and furniture
vehicles
facilities
Management activities may include:
maintenance
repairs
purchases
loss
damage
disposal
installation
Depending on the organisation concerned, organisational procedures may be called:
standard operating procedures (SOPs)
company procedures
enterprise procedures
workplace procedures
established procedures
Documentation and records may include:
lists of assets and asset registers
organisational standards, policies, regulations and codes of practice
manufacturer specifications and procedures
maintenance schedules
asset management documentation and record systems
relevant Australian standards and certification requirements
relevant federal, state and territory legislation
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance.
Area of responsibility and assets may include:
track and components
structures and components
right of way and components
plant and equipment
signalling and electrical components
buildings
assets in the process of being transferred
land
office equipment and furniture
vehicles
facilities
Management activities may include:
maintenance
repairs
purchases
loss
damage
disposal
installation
Depending on the organisation concerned, organisational procedures may be called:
standard operating procedures (SOPs)
company procedures
enterprise procedures
workplace procedures
established procedures
Documentation and records may include:
lists of assets and asset registers
organisational standards, policies, regulations and codes of practice
manufacturer specifications and procedures
maintenance schedules
asset management documentation and record systems
relevant Australian standards and certification requirements
relevant federal, state and territory legislation
EVIDENCE GUIDE
The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required knowledge and skills, the range statement and the assessment guidelines for this Training Package.
Critical aspects for assessment and evidence required to demonstrate competency in this unit
The evidence required to demonstrate competency in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria of this unit and include demonstration of applying:
the underpinning knowledge and skills
relevant legislation and workplace procedures
other relevant aspects of the range statement
Context of and specific resources for assessment
Performance is demonstrated consistently over a period of time and in a suitable range of contexts
Resources for assessment include:
a range of relevant exercises, case studies and/or other simulated practical and knowledge assessment, and/or
access to an appropriate range of relevant operational situations in the workplace
In both real and simulated environments, access is required to:
relevant and appropriate materials and equipment, and
applicable documentation, including workplace procedures, regulations, codes of practice and operation manuals
Method of assessment
As a minimum, assessment of knowledge must be conducted through appropriate written/oral tests
Practical assessment must occur:
through activities in an appropriately simulated environment, and/or
in an appropriate range of situations in the workplace
The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required knowledge and skills, the range statement and the assessment guidelines for this Training Package.
Critical aspects for assessment and evidence required to demonstrate competency in this unit
The evidence required to demonstrate competency in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria of this unit and include demonstration of applying:
the underpinning knowledge and skills
relevant legislation and workplace procedures
other relevant aspects of the range statement
Context of and specific resources for assessment
Performance is demonstrated consistently over a period of time and in a suitable range of contexts
Resources for assessment include:
a range of relevant exercises, case studies and/or other simulated practical and knowledge assessment, and/or
access to an appropriate range of relevant operational situations in the workplace
In both real and simulated environments, access is required to:
relevant and appropriate materials and equipment, and
applicable documentation, including workplace procedures, regulations, codes of practice and operation manuals
Method of assessment
As a minimum, assessment of knowledge must be conducted through appropriate written/oral tests
Practical assessment must occur:
through activities in an appropriately simulated environment, and/or
in an appropriate range of situations in the workplace
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| AVI55 | TLIL4073 | Apply asset management system | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| S793 | TLI42311 | Certificate IV in Rail Infrastructure | Qualification |
| J540 | TLI42413 | Certificate IV in Rail Safety Management | Qualification |