Unit of competency Outline
Date retreived
23/07/2026 4:40 AM AWST
23/07/2026 4:40 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.
Manage resources
Manage resources
Unit of competency
National Code
BSBMGT622
BSBMGT622
State Code
AUK80
AUK80
TGA Status
Replaced
Replaced
DTWD Status
Replaced
Replaced
State Implementation and Classification
Approved Date
15/09/2015
Field of Education
080399 - Business And Management, N.e.c.
Original Release Date
15/09/2015
Nominal Hours
70
Description
This unit describes the skills and knowledge required to manage resources in accordance with planned business strategies. It includes analysing resource requirements, developing resource plans, allocating resources, and reviewing and reporting on resource usage.It applies to individuals who have a role in allocating and monitoring the use of physical and/or human resources to meet defined business objectives.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Analyse resource requirements
- 1.1 Develop resource bids in line with outputs specified in business plans
- 1.2 Consult with key stakeholders to determine the nature and level of resources required
- 1.3 Analyse resource requirements to identify proposed costs and benefits
- 1.4 Identify opportunities to share resources across business units within the organisation
2. Develop resource plans to support achievement of business unit objectives
- 2.1 Develop resource plans that detail the acquisition and allocation of resources, timelines and the relationship to business strategies, contingencies, plans, programs and processes
- 2.2 Determine internal resourcing capabilities and external resourcing requirements
- 2.3 Develop procedures for the evaluation of resource allocation and incorporate them in resource plans
- 2.4 Identify risks and establish risk management processes
- 2.5 Apply organisation's procedures to obtain approvals from senior management
3. Allocate resources to achieve stated business objectives
- 3.1 Allocate resources in accordance with relevant legislation, organisational policy and practices
- 3.2 Manage resource allocation to enable achievement of business unit objectives
- 3.3 Negotiate and obtain resources within required timeframe to enable achievement of business unit objectives
- 3.4 Develop and implement systems to enable timely and accurate monitoring and review of resource usage
- 3.5 Develop or revise work practices to incorporate efficient use of resources
4. Review and report on resource usage
- 4.1 Develop and implement procedures to review resource allocation against business unit objectives
- 4.2 Monitor compliance with program and project budgets and take corrective action where necessary
- 4.3 Prepare reports that clearly indicate the level of performance achieved and any action taken to adjust or rectify procedures in meeting service and product delivery standards
No information
No information
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| OCF07 | BSBOPS501 | Manage business resources | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| AVW8 | BSB61015 | Advanced Diploma of Leadership and Management | Qualification |
| BEU5 | SIS50419 | Diploma of Outdoor Leadership | Qualification |