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Elements and Performance Criteria

  1. Identify opportunities for project development.
  2. Prepare the project plan.
  3. Establish communication and reporting processes.
  4. Manage the project.
  5. Finalise the project.

Required Skills

Required skills

communication and interpersonal skills to

consult stakeholders

negotiate resources required for project implementation

literacy and numeracy skills to

prepare complex business analyses and reports

research best practice in the retail industry

to set budgets and manage financials

planning and organising skills to

conduct riskmanagement planning

manage staff

plan and manage complex projects

problemsolving and analytical skills to

analyse retail industry market intelligence

evaluate business opportunities for new projects

exercise judgement and decision making in selecting projects and implementation strategies

technology skills to use computer software functions including project management software

Required knowledge

budgets and financial planning and monitoring

concepts of risk management planning and processes

current and emerging trends in the retail industry

tools and models of project management

reporting mechanisms

Evidence Required

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

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

Evidence of the following is essential

applies

project management skills required for the successful implementation of a complex retail project

planning and management skills to design resource and schedule a complex retail project

riskmanagement principles and processes

implements and finalises a project reflecting the ability to respond to changing and emerging requirements and contingencies

Context of and specific resources for assessment

Assessment must ensure access to

a retail work environment

a current range of text and online information sources on

industry and market intelligence

relevant best practice and trends

industry consultants and external professionals

a project team

project management tools

business owners or senior management

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

observation of performance in the workplace

a role play

answers to questions about specific skills and knowledge

review of portfolios of evidence and thirdparty workplace reports of onthejob performance

Guidance information for assessment

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


Range Statement

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 individual, accessibility of the item, and local industry and regional contexts) may also be included.

Projectto be undertaken can be wide-ranging in nature, of relevance to the organisation, and may include:

adding a new retail location

changing manufacturer or supplier

establishing new business

introducing major new technology to support business operations

relocating retail premises

re-orientating retail focus, customer base and goods or services.

Best practices and trendsmay include:

emerging or changed use of technologies, including:

e-retailing

radio frequency identification devices (RFIDs)

self-service checkout

social networking media as a marketing and sales channel

company structures, including trends towards:

changed ownerships

merged or diversified organisations

multi-service organisations

new or changing levels and ranges of services and products, including:

blurring of product categories (e.g. bookshops with cafes)

brand extension

customisation of products and services

generationally targeted products (e.g. for the over 50s)

polarisation of cost of goods (focus on high end and discount).

Industry intelligencemay include:

data available from industry associations

information gained through industry networks

market research, including mystery shopping

published reports on industry composition

search of publicly available annual reports for listed companies

search of publicly available business records.

Specifications and terms of reference may include:

definition of the project aims

description of the outcomes to be achieved using, wherever possible, the nomination of clear metrics

description of all stakeholders

description of project parameters, including:

scope of operations

flexibilities involved

identification of the budget

specification of the timescale

specification of the communication strategy to be used.

Physical resourcesmay include:

computer facilities

delivery vehicles

fittings and fixtures

office premises

retail premises

warehouses.

Subcontractors, consultants and external professionals may include:

accountants

lawyers

marketing experts

real estate consultants

retail specialist advisers

store fit-out experts.

Risk management control plansare developed using a structured process that may include:

identifying hazards

analysing consequences, such as potential injury, property damage, etc.

assessing risk, including probability, frequency and severity of injury or loss

determining appropriate action, including methods of removing or reducing risk

implementing controls, including:

redesign

removal

new methods

audit

evaluating control measures

recording risk-management measures

setting regular risk-management review dates.

Project management tools typically will be computer-based and may:

be in-house or proprietary software

incorporate the use of Gantt or PERT charts

incorporate scheduling and reporting templates

use critical path analysis.