Required skills

Required skills for this unit are

account keeping skills to identify cost centres and monitor cash flows

analysis and interpretation skills to undertake financial risk assessments

communication skills to

enable clear and direct communication using questioning to identify and confirm requirements share information listen and understand

read and interpret documentation from a variety of sources

supervise staff members

use and interpret nonverbal communication

use language and concepts appropriate to cultural differences

written skills to prepare draft schedules of project expenditure and final cost reports

management skills including the ability to supervise staff

numeracy skills to perform complex financial calculations

preparation of schedules of expenditure and expenditure projections

Required knowledge

Required knowledge for this unit is

advanced estimating and costing systems used in the building and construction industry

expenditure evaluation methods

financial principles and cash flows

project financial processes and timelines

relevant licensing arrangements

relevant standards codes of practice and legislation for medium rise construction projects

variations in rates occurring through rise and fall clauses and their effects

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

This unit of competency could be assessed by the effective monitoring of a building or construction costing system

This unit of competency can be assessed in the workplace or a close simulation of the workplace environment provided that simulated or projectbased assessment techniques fully replicate construction workplace conditions materials activities responsibilities and procedures

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

A person who demonstrates competency in this unit must be able to provide evidence of the ability to

monitor and supervise staff who develop and consolidate costing data for Class to Type A building and construction projects

compare the extent and effectiveness of actual versus estimated costs and the production of schedules of expenditure

produce efficient and punctual financial data in the form required by the organisation

plan and continuously revise the schedules of payments and cash flows to match contract performance and efficiency

Context of and specific resources for assessment

This competency is to be assessed using standard and authorised work practices safety requirements and environmental constraints

Assessment of essential underpinning knowledge will usually be conducted in an offsite context

Assessment is to comply with relevant regulatory or Australian standards requirements

Resource implications for assessment include

documentation that would support building or construction costing systems for a building or construction office

relevant codes standards and regulations

office equipment including calculators photocopiers and telephone systems

computers with appropriate software to view D CAD drawings run costing programs and print copies

a technical reference library with current publications on measurement design building construction and manufacturers product literature

a suitable work area appropriate to the monitoring process

copies of appropriate awards and workplace agreements

Reasonable adjustments for people with disabilities must be made to assessment processes where required This could include access to modified equipment and other physical resources and the provision of appropriate assessment support

Method of assessment

Assessment methods must

satisfy the endorsed Assessment Guidelines of the Construction Plumbing and Services Training Package

include direct observation of tasks in real or simulated work conditions with questioning to confirm the ability to consistently identify and correctly interpret the essential underpinning knowledge required for practical application

reinforce the integration of employability skills with workplace tasks and job roles

confirm that competency is verified and able to be transferred to other circumstances and environments

Validity and sufficiency of evidence requires that

competency will need to be demonstrated over a period of time reflecting the scope of the role and the practical requirements of the workplace

where the assessment is part of a structured learning experience the evidence collected must relate to a number of performances assessed at different points in time and separated by further learning and practice with a decision on competency only taken at the point when the assessor has complete confidence in the persons demonstrated ability and applied knowledge

all assessment that is part of a structured learning experience must include a combination of direct indirect and supplementary evidence

Assessment processes and techniques should as far as is practical take into account the language literacy and numeracy capacity of the candidate in relation to the competency being assessed

Supplementary evidence of competency may be obtained from relevant authenticated documentation from third parties such as existing supervisors team leaders or specialist training staff

Identification of building or construction costs includes:

Schedules of project expenditure include:

Projected cash flow and payments include:

Final cost report includes: