Assessor Resource

TLIP5036A
Manage assets

Assessment tool

Version 1.0
Issue Date: May 2024


Work may be undertaken in various contexts within the transport and distribution industry.

The unit generally applies to those who provide leadership of others individually or in teams.

This unit is normally packaged at AQF V or above.

This unit involves the skills and knowledge required to manage assets. It includes determining asset classification and identification; recording and valuing assets; and maintaining an asset management system. Licensing, legislative, regulatory or certification requirements are applicable to this unit.

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

Prerequisites

Not Applicable

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 knowledge and skills, the range statement and the assessment guidelines for this Training Package.

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

The evidence required to demonstrate competency in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria of this unit and include demonstration of applying:

the underpinning knowledge and skills

relevant legislation and workplace procedures

other relevant aspects of the range statement

Context of and specific resources for assessment

Performance is demonstrated consistently over a period of time and in a suitable range of contexts

Resources for assessment include:

a range of relevant exercises, case studies and/or other simulated practical and knowledge assessment, and/or

access to an appropriate range of relevant operational situations in the workplace

In both real and simulated environments, access is required to:

relevant and appropriate materials and equipment, and

applicable documentation including workplace procedures, regulations, codes of practice and operation manuals

Method of assessment

Assessment of this unit must be undertaken by a registered training organisation

As a minimum, assessment of knowledge must be conducted through appropriate written/oral tests

Practical assessment must occur:

through activities in an appropriately simulated environment at the registered training organisation, and/or

in an appropriate range of situations in the workplace

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 KNOWLEDGE AND SKILLS

This describes the essential knowledge and skills and their level required for this unit.

Required knowledge:

Relevant sections of national and state or territory regulatory requirements and codes of practice

Relevant OH&S and environmental procedures and regulations

Different types of asset management systems and their strengths and weaknesses

Types of valuation methodologies and their usefulness in different contexts

Requirements for completing relevant documentation such as asset registers

Code of practice for working collaboratively with others

Required skills:

Communicate effectively with others when managing assets

Read and interpret instructions, procedures, information and signs relevant to the management of assets

Interpret and follow operational instructions and prioritise work

Complete documentation related to the management of assets

Work collaboratively with others

Adapt appropriately to cultural differences in the workplace, including modes of behaviour and interactions with others

Implement contingency plans for unplanned events

Modify activities depending on differing operational contingencies, risk situations and environments

Use financial management skills sufficient to enable accurate recording of asset data

The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance.

Assets may include:

buildings

business and marketing contracts

assets in the process of being transferred

land

office equipment and furniture

plant and equipment

vehicles

facilities

Asset register may be a computer or manual file and include:

damage/loss/theft

date of purchase

identifying number

insurance policies and claims

invoices and receipts

location

major repairs

obsolescence

value

Depending on the organisation concerned, workplace procedures may be called:

standard operating procedures (SOPs)

company procedures

enterprise procedures

organisational procedures

established procedures

Consultative processes may involve:

other employees and supervisors

suppliers

relevant authorities and institutions

management and union representatives

industrial relations and OH&S specialists

Documentation and records may include:

lists of assets and or asset registers

regulations and codes of practice relevant to ADG code, including safeworking and local authority regulations and procedures

workplace policies and procedures related to ADG code

relevant Australian Standards and certification requirements

Applicable legislation and regulations may include:

relevant regulations, codes and safeworking systems for the use and checking of assets

Australian and international regulations and codes of practice for the transport of dangerous goods and hazardous substances

relevant state/territory OH&S and environmental protection legislation

workplace relations regulations

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
Determine asset register format on basis of current needs and business plan in accordance with company requirements 
Select a compatible classification system that meets asset accounting and asset management needs in accordance with company requirements 
Determine value thresholds for assets to be recorded in the asset register in accordance with company requirements 
Identify and record specified details of all material assets in accordance with the asset management policies and procedures 
Record all assets in compliance with legislative and company requirements 
Determine condition of each asset in accordance with manufacturers specifications and legislative and company requirements 
Determine useful/residual life of each asset in accordance with manufacturers specifications and company requirements 
Calculate current value of each asset based on valid and reliable information in accordance with legislative and company requirements 
Update records continuously to record asset purchases, loss, damage or disposal in accordance with company requirements 
Conduct periodic audits to ensure accuracy of asset register in accordance with company requirements 
Review asset management system periodically to ensure it is supporting business needs in accordance with company requirements 
Provide training to support effective management and maintenance of the asset register in accordance with company requirements 

Forms

Assessment Cover Sheet

TLIP5036A - Manage assets
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

TLIP5036A - Manage assets

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: