Unit of competency Outline

Date retreived
23/07/2026 7:34 AM AWST

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Time management for small business

Time management for small business

Unit of competency
National Code
BSBSMB414
State Code
AWF77
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
14/01/2016
View on TGA
State Implementation and Classification
Approved Date
05/07/2016
Field of Education
080301 - Business Management
Original Release Date
05/07/2016
Nominal Hours
35
Description
This unit describes the skills and knowledge required to research and develop an integrated time management plan to assist an individuals in achieving their business goals and objectives.It applies to individuals who operate a small business that functions independently, or as part of a larger organisation. Individuals in this role set priorities and allocate responsibilities for business tasks and functions.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Collect information to improve time management
  • 1.1 Choose an appropriate method to record current time usage
  • 1.2 Document all activities and commitments and the associated effort required over a time period that gathers enough information to provide a representative pattern of time usage
  • 1.3 Calculate the amount of time spent on each type of activity, considering the impact of non-regular or one-off activities
  • 1.4 Identify key distractions and time wasters
  • 1.5 Review personal organisation and business systems for potential efficiencies
2. Establish personal work goals and priorities
  • 2.1 Identify personal and business objectives and responsibilities, including ongoing or regular tasks
  • 2.2 Determine any tasks or functions that can be delegated or outsourced
  • 2.3 Select a preferred process or method for prioritising tasks aligned to business goals
3. Implement time management strategies
  • 3.1 Schedule tasks according to priority and aligned with personal productive times
  • 3.2 Access technology where relevant to streamline or automate processes
  • 3.3 Select and use tools that help plan time management and schedule tasks
  • 3.4 Incorporate blocks of time for personal tasks and responsibilities to assist with work-life balance
  • 3.5 Set boundaries and communicate to others available times
  • 3.6 Initiate actions to minimise distractions and reduce time wasters.
  • 3.7 Measure personal performance and identify areas for improvement on a regular basis
No information
No information
Replaced By
State Code National Code Title Type
OAE71 BSBWOR424 Develop a time management plan Unit of competency