Unit of competency Outline
Date retreived
23/07/2026 8:01 AM AWST
23/07/2026 8:01 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.
Prepare production costing estimates
Prepare production costing estimates
Unit of competency
National Code
ICPSU553B
ICPSU553B
State Code
D0535
D0535
TGA Status
Replaced
Replaced
DTWD Status
Replaced
Replaced
State Implementation and Classification
Approved Date
30/11/2007
Field of Education
080301 - Business Management
Original Release Date
30/11/2007
Nominal Hours
50
Description
Notes
Elements and Performance Criteria
No information
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.
Type of costing
Estimation of production costs taking into account time, labour, materials and equipment requirements
Enterprise procedures
Estimates and calculations are undertaken according to established organisational practices and procedures, and incorporate the organisation's known resources and work load as well as identified capacities
Scope of costing
Estimates are based on familiar processes using available standard cost item statistics
Data sources
May be manual records or computerised production monitoring systems
Degree of autonomy
Applies to personnel who supervise employees
Type of costing
Estimation of production costs taking into account time, labour, materials and equipment requirements
Enterprise procedures
Estimates and calculations are undertaken according to established organisational practices and procedures, and incorporate the organisation's known resources and work load as well as identified capacities
Scope of costing
Estimates are based on familiar processes using available standard cost item statistics
Data sources
May be manual records or computerised production monitoring systems
Degree of autonomy
Applies to personnel who supervise employees
The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.
Critical aspects for assessment and evidence required to demonstrate competency
Evidence of the following is essential:
Accurately estimating and costing production
For valid and reliable assessment of this unit, evidence should be gathered over a period of time through a range of methods for assessment to indicate consistent performance
Evidence for assessment may be gathered from assessment of the unit of competency alone or through an integrated assessment activity
Context of and specific resources for assessment
Assessment must ensure:
assessment may take place on the job, off the job or a combination of these. Off the job assessment must be undertaken in a closely simulated workplace environment
Method of assessment
A range of assessment methods should be used to assess practical skills and knowledge. The following examples are appropriate for this unit:
direct questioning combined with review of portfolios of evidence and third party workplace reports of on-the-job performance by the candidate.
Holistic assessment with other units relevant to the industry sector, workplace and job role is recommended.
Critical aspects for assessment and evidence required to demonstrate competency
Evidence of the following is essential:
Accurately estimating and costing production
For valid and reliable assessment of this unit, evidence should be gathered over a period of time through a range of methods for assessment to indicate consistent performance
Evidence for assessment may be gathered from assessment of the unit of competency alone or through an integrated assessment activity
Context of and specific resources for assessment
Assessment must ensure:
assessment may take place on the job, off the job or a combination of these. Off the job assessment must be undertaken in a closely simulated workplace environment
Method of assessment
A range of assessment methods should be used to assess practical skills and knowledge. The following examples are appropriate for this unit:
direct questioning combined with review of portfolios of evidence and third party workplace reports of on-the-job performance by the candidate.
Holistic assessment with other units relevant to the industry sector, workplace and job role is recommended.
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| C8635 | ICPSU553A | Prepare production costing estimates | Unit of competency |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| D3285 | ICPSU553C | Prepare production costing estimates | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| C852 | ICP50205 | Diploma of Printing and Graphic Arts (Multimedia) | Qualification |
| C853 | ICP50305 | Diploma of Printing and Graphic Arts (Printing) | Qualification |