Unit of competency Outline
Date retreived
22/07/2026 12:12 PM AWST
22/07/2026 12:12 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.
Implement asset management systems
Implement asset management systems
Unit of competency
National Code
TLIL4059
TLIL4059
State Code
AVI57
AVI57
TGA Status
Current
Current
DTWD Status
Approved
Approved
State Implementation and Classification
Approved Date
23/02/2016
Field of Education
080101 - Accounting
Original Release Date
23/02/2016
Nominal Hours
40
Description
This unit involves the skills and knowledge required to implement asset management systems. It includes determining management control processes; implementing existing practices, procedures and systems; and reviewing service levels in various contexts within the transport and logistics industry.The unit generally applies to those who lead individuals or teams and have responsibility for implementing and monitoring asset management systems.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1 Determine management control process
- 1.1 Roles and responsibilities of business units or departments are clarified to ensure effective management of assets in accordance with organisational policy and procedures
- 1.2 Specific organisation reporting and monitoring standards are clarified, as required, and complied with
- 1.3 Information systems that provide the information necessary for effective and efficient asset management for all levels within the organisation are maintained
- 1.4 Regular audits are arranged, as required, to establish a continuous improvement cycle
2 Implement existing practices, procedures and systems
- 2.1 Assessments of current status of asset management activities within business units or departments are conducted regularly in accordance with asset management plan
- 2.2 Work group/s are supported to adhere to milestones and targets
- 2.3 Areas of difficulty are identified and strategies followed to overcome identified difficulties
3 Review service levels
- 3.1 Current levels of service provided by asset stock are critically examined
- 3.2 Areas of possible improvement in the effectiveness and efficiencies of owning and operating assets are identified in consultation with relevant personnel
- 3.3 Appropriate benchmarking is undertaken to enable continuous improvement in asset management strategies and practices
No information
No information
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| D5232 | TLIL4059A | Implement asset management systems | Unit of competency |