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Elements and Performance Criteria

1. Identify and planphysical resource requirements
   • Physical resource requirements are identified, in accordance with demonstrated organisational needs
2. Comparative analyses demonstrating value to the organisation are undertaken, in accordance with organisational procedures
3. Resource requirements are consolidated and rationalised, in accordance with organisational procedures
4. Resource requirements are clarified and confirmed and a plan for resource acquisition and disposal is developed, in accordance with organisational procedures and available budget
5. Major items are scheduled for acquisition, refurbishment and/or replacement based on anticipated obsolescence of equipment and/or machinery and the anticipated needs of the organisation
6. Resource specifications are developed, including reference to service and maintenance requirements, consumables and shelf life
7. Coordinate acquisition and allocation of physical resources
   • Acquisition of resources is undertaken directly or by a third party, in accordance with organisational procedures
8. Resources received are inspected to ensure they meet supply specifications
9. Received resources are entered into asset and other inventory registers for tracking
10. Resources are stored, allocated, reallocated and/or distributed, in accordance with organisational procedures and needs
11. Maintenance schedules and budgets are developed and approved in consultation with stakeholders, in accordance with organisational procedures
12. Organisational systems are implemented which facilitate the collection, processing and management of data on resource use and maintenance of physical assets
13. Resource performance is evaluated against industry and manufacturers' standards to ensure efficient, effective and safe operation of assets
14. Resource use is maintained, in accordance with organisational policies and procedures, to ensure operational requirements are met
15. Resources are reallocated and/or disposed of, in accordance with organisational policies and procedures
16. Evaluate and report on physical resource provision
    • Resource acquisition and disposal activities are monitored and assessed, in accordance with organisational policies and procedures
17. Information on acquisition, disposal, costs and operational effectiveness of resources is assessed and reported, in accordance with organisational procedures
18. Cost and organisational inefficiencies are identified and addressed, in accordance with organisational procedures

Range Statement

Range is restricted to essential operating conditions and any other variables essential to the work environment. Non-essential conditions may be found in the Companion Volume Implementation Guide.

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