Unit of competency Outline

Date retreived
22/07/2026 11:11 AM AWST

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Review business performance

Review business performance

Unit of competency
National Code
FNSCUS503
State Code
AUQ83
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
25/03/2015
View on TGA
State Implementation and Classification
Approved Date
16/09/2015
Field of Education
080301 - Business Management
Original Release Date
16/09/2015
Nominal Hours
50
Description
This unit describes the skills and knowledge required to set up a system to investigate, collect, organise, analyse and review service data to improve efficiency and quality of the business performance.It applies to individuals who may use a range of specialised and managerial techniques to review and analyse their own work and the work of others to determine required action. 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 in consultation with others to enable effective performance review
  • 1.2 Establish business performance measures which provide accurate and accessible information on business provision
  • 1.3 Establish accurate, secure and reliable data recording facilities
  • 1.4 Obtain and record performance data regularly
2. Analyse performance data
  • 2.1 Collate performance data and conduct a review against planned outcomes
  • 2.2 Conduct analysis to establish if planned outcomes have been achieved
  • 2.3 Identify and document variations of performance against planned outcomes
3. Determine action required
  • 3.1 Assess variations in performance to determine degree of change required
  • 3.2 Implement procedures to determine effectiveness of any changes put into practice
No information
No information
Replaces
State Code National Code Title Type
D4097 FNSCUS503A Review business performance Unit of competency
Replaced By
State Code National Code Title Type
OCI02 FNSCUS513 Review business performance Unit of competency