Unit of competency Outline

Date retreived
22/07/2026 2:47 PM 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.

Review business performance

Review business performance

Unit of competency
National Code
FNSCUS513
State Code
OCI02
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
04/11/2020
View on TGA
State Implementation and Classification
Approved Date
11/03/2021
Field of Education
080301 - Business Management
Original Release Date
11/03/2021
Nominal Hours
50
Description
This unit describes the skills and knowledge required to collect, organise, analyse, investigate and review data to improve the efficiency and quality of performance of a business or business unit.The unit applies to those who use a range of managerial techniques to review and analyse their own work and the work of others to determine required actions.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Establish system to review business performance
  • 1.1 Determine service parameters and performance targets in consultation with required stakeholders and according to organisational procedures
  • 1.2 Establish business performance measures that provide accurate and accessible information on business provision
  • 1.3 Establish accurate, secure and reliable data-recording facilities according to organisational procedures
2. Analyse business performance data
  • 2.1 Obtain and record business performance data at regular intervals according to organisational procedures
  • 2.2 Collate data against determined business performance targets
  • 2.3 Analyse data and establish whether business performance targets have been achieved
  • 2.4 Document variations in business performance against performance targets according to organisational procedures
3. Determine action required
  • 3.1 Assess variations in performance and determine degree of change required to improve business performance
  • 3.2 Implement procedures to address required changes
  • 3.3 Determine effectiveness of changes
No information
No information
Replaces
State Code National Code Title Type
AUQ83 FNSCUS503 Review business performance Unit of competency