Unit of competency Outline

Date retreived
23/07/2026 5:09 AM AWST

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Develop social housing enterprise opportunities

Develop social housing enterprise opportunities

Unit of competency
National Code
CHCSOH011
State Code
AVB26
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
06/08/2015
View on TGA
State Implementation and Classification
Approved Date
22/01/2016
Field of Education
080399 - Business And Management, N.e.c.
Original Release Date
22/01/2016
Nominal Hours
50
Description
This unit describes the skills and knowledge required to investigate, negotiate and implement new business opportunities for social housing providers.This unit applies to work in a social housing context, typically carried out by senior workers working autonomously within broad guidelines. The skills in this unit must be applied in accordance with Commonwealth and State/Territory legislation, Australian /New Zealand standards and industry codes of practice.
Notes
Elements and Performance Criteria
1. Identify resources for new business
  • 1.1 Investigate and identify business opportunities
  • 1.2 Undertake feasibility study to determine likely business viability
  • 1.3 Assess practicability of business opportunity in line with risks, returns sought and resources available
2. Undertake a risk management analysis for new business opportunities
  • 2.1 Assess risks associated with new business and take steps to maximise outcomes
  • 2.2 Involve stakeholders in risk management
3. Develop business ideas and options
  • 3.1 Identify, assess and calculate financial costs and resource requirements and prepare budget
  • 3.2 Develop business timeframe
  • 3.3 Implement appropriate structures to oversee new business as relevant
  • 3.4 Establish, monitor and review policies and procedures to manage the use of staff, equipment and other physical assets, on a regular basis
4. Implement new business strategies
  • 4.1 Communicate new business strategies to relevant stakeholders
  • 4.2 Clearly communicate roles and responsibilities of all parties
  • 4.3 Implement the new business in line with all relevant guidelines, legal and taxation requirements
  • 4.4 Maintain and keep required records to ensure organisation and statutory requirements are met
  • 4.5 Develop and sign contracts where appropriate
  • 4.6 Establish regular feedback mechanisms
5. Evaluate new business opportunities
  • 5.1 Ensure that evaluation strategy and related techniques devised to collect and analyse data, meet the needs of decision-makers, funding organisations, business partners and other stakeholders
  • 5.2 Gather and use evaluation information for business revision, ongoing development and implementation
No information
No information
Replaces
State Code National Code Title Type
D2283 CHCCH521B Develop social housing enterprise opportunities Unit of competency
Replaced By
State Code National Code Title Type
ODJ40 CHCSOH022 Develop social housing enterprise opportunities Unit of competency
State Code National Code Title Type
AWM0 CHC52015 Diploma of Community Services Qualification