Unit of competency Outline

Date retreived
22/07/2026 3:40 PM AWST

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Estimate and cost job

Estimate and cost job

Unit of competency
National Code
MSFGN3006
State Code
OEL17
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
08/12/2022
View on TGA
State Implementation and Classification
Approved Date
19/04/2023
Field of Education
040307 - Building Construction Economics
Original Release Date
19/04/2023
Nominal Hours
16
Description
This unit of competency can be applied in any industry involving the manufacture and/or installation of products or delivery of services. It describes the skills and knowledge required to obtain job information, estimate the net cost of providing products and services, calculate mark-up and tax, calculate the full cost to the customer, and develop a customer quotation. Workers with this competency cost jobs for customers on-site and off-site using discretion, judgement and specialised industry knowledge in line with established costing procedures. No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Gather job information
  • 1.1 Find out what customer requires in sufficient detail for accurate costings
  • 1.2 Record job specifications based on information gathered
  • 1.3 Identify delivery timing and methods
2. Estimate time and labour
  • 2.1 Identify material and service types and quantities required
  • 2.2 Identify labour requirements to manufacture and install products and perform services
  • 2.3 Estimate other costs that may be incurred
3. Calculate costs
  • 3.1 Calculate and document total cost of providing products and services based on estimates
  • 3.2 Determine and document allowances for overheads and mark-up percentages according to workplace procedures
  • 3.3 Calculate and document final cost to customer, including goods and services tax (GST) where required, according to workplace procedures
4. Complete final documentation
  • 4.1 Check and verify costing details according to workplace procedures
  • 4.2 Identify and resolve costing errors or anomalies
  • 4.3 Prepare accurate customer quotation according to workplace formats
  • 4.4 File costing and quotation documentation for future reference according to workplace procedures
No information
No information
Replaces
State Code National Code Title Type
WI515 MSFGN3002 Estimate and cost job Unit of competency