Assessor Resource

ICPSU553C
Prepare production costing estimates

Assessment tool

Version 1.0
Issue Date: March 2024


This unit requires the individual to estimate and determine the cost of production.

This unit describes the performance outcomes, skills and knowledge required to cost and estimate production processes.

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

Evidence of the ability to:

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.

Guidance information for assessment

Holistic assessment with other units relevant to the industry sector, workplace and job role is recommended.


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

OHS in relation to operating machinery such as safely switching off machinery before cleaning is started

communication of ideas and information by consulting with customers and staff to identify problems and issues

collecting, analysing and organising information by accessing data about customer needs, machine and worker capabilities, capital cost bases; use of data from production control systems

planning and organising activities by determining required cost estimate details prior to printing estimates

teamwork when obtaining feedback from production workers to verify estimates against actual costs

mathematical ideas and techniques by developing of costing models that take all relevant factors into consideration

problem-solving skills by adjusting the basis for costing as determined by the discrepancy between estimated and actual costing

use of technology by using tools to assist with calculations

Required knowledge

OHS and other statutory requirements

legal requirements that affect the costing of your operations

printing processes and operations

information that you require from a client before costing/estimating can be done

minimising production costs on any given job

relationships between the processes you are involved in and prior and subsequent operations done to the job

set up and changeover times determined for your processes

printing materials

materials that need to be included in the costing/estimating process

alternative materials that may determined suitable for a client

alternative materials or processes suggested to a client

references and resources about materials and suppliers that do you need to help in costing/estimating

different costing/estimating methodologies

particular costing/estimating method choice

other methods that are there, and when might you use them

factors that you might adjust in your estimations if they consistently do not match costs

sampling and quality control techniques

quality checks that are necessary on outsourced materials or other inputs

effects that quality control have on costing

production records

accurate production records keeping

review production records and actual costs

computerised production monitoring systems that can be used to accurately assess costs

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 may include:

this unit applies to managers/supervisors responsible for quality in an enterprise or large production section.

Enterprise procedures may include:

established organisational practices and procedures, and incorporate the organisation's known resources and work load as well as identified capacities.

Scope of costing may include:

estimates are based on familiar processes using available standard cost item statistics.

Data sources may include:

manual records or computerised production monitoring systems.

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
Labour hours, times and other statistics required are identified and applied in calculations 
Available machine hours are identified and applied in calculations 
Economic batch sizes are identified 
Material requirements are identified and applied in calculations 
Costing estimates are calculated using material, labour and machine costs 
Cost estimate details are calculated 
Actual costs are compared with estimates 
Costing basis is adjusted as appropriate 

Forms

Assessment Cover Sheet

ICPSU553C - Prepare production costing estimates
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

ICPSU553C - Prepare production costing estimates

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: