Assessor Resource

AHCBUS402A
Cost a project

Assessment tool

Version 1.0
Issue Date: March 2024


This unit applies to supervisors and managers who establish and oversee projects to the best financial advantage of the enterprise.

This unit covers costing a project and defines the standard required to: identify resources for a project; investigate options for material supplies, services, contractors and consultants; research prices for required resources; calculate costs for the project; document a summary of project costs.

You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)

Employability Skills

This unit contains employability skills.




Evidence Required

List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.

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.

Overview of assessment

Critical aspects for assessment and evidence required to demonstrate competency in this unit

Competence in costing a project requires evidence that a person is able to obtain current prices for required resources, calculate costs and present a summary of project costs that provides for cost effective project outcomes. The evidence required to demonstrate competency in this unit must be relevant to workplace operations and satisfy holistically all of the requirements of the performance criteria and required skills and knowledge and include achievement of the following:

identify resources for a project

investigate options for material supplies, services, contractors and consultants

research prices for required resources

calculate costs for the project

document a summary of project costs.

Context of and specific resources for assessment

Competency requires the application of work practices under work conditions. Selection and use of resources for some worksites may differ due to the regional or enterprise circumstances.


Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assingnment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)


Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

Required skills

research and evaluate information

accurately complete financial calculations, collate and organise quantitative and financial information

comply with legislative requirements

document financial summaries for the understanding of staff, managers and contractors

use literacy skills to read, interpret and follow organisational policies and procedures, develop sequenced written instructions, record accurately and legibly information collected and select and apply procedures to a range of tasks

use oral communication skills/language competence to fulfil the job role as specified by the organisation including questioning, active listening, asking for clarification, negotiating solutions and responding to a range of views

use interpersonal skills to work with others and relate to people from a range of cultural, social and religious backgrounds and with a range of physical and mental abilities.

Required knowledge

relevant State and Federal legislation, awards, enterprise agreements and management policies relating to labour hire and employment terms, and Occupational Health and Safety (OHS)

current pricing structures and options for material supplies, services, contractors and consultants

enterprise and industry standards and practices for formatting, organising and presenting financial and quantitative information.

The range statement relates to the unit of competency as a whole.

Projects may include:

those carried out in horticultural or land management enterprises.

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Project objectives, required work activities and available finance are identified and interpreted according to the project plan and enterprise guidelines. 
Resources required for project works are identified according to the project plan. 
Factors affecting resource costs are identified using available information. 
Add-on costs are taken into consideration according to enterprise guidelines. 
Appropriate tools and equipment are selected and used for the calculation and documentation of project costs. 
Unit and total cost for each resource item is calculated according to enterprise guidelines. 
Total itemised resource costs are evaluated against the financial schedule for the project. 
Adjustments are made where required to reconcile resource costs with project schedules in strict adherence to enterprise guidelines for costing a project. 
Resource costs are collated and scheduled according to the project plan and enterprise guidelines. 
Total project costs are accurately calculated and recorded according to enterprise guidelines. 
Financial summary is collated, organised and submitted to management for approval. 

Forms

Assessment Cover Sheet

AHCBUS402A - Cost a project
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:


Assessment Record Sheet

AHCBUS402A - Cost a project

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: