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Elements and Performance Criteria

  1. Develop a gas facilitybudget
  2. Sub-budgets prepared by staff are coordinated in order that desired objectives are achieved
  3. Organisational workplace procedures on policies and specifications are obtained or determined with the appropriate persons
  4. Budget review parameters are determined from organisational workplace procedures on policies and specifications
  5. Budget review workplace procedures are discussed with appropriate persons in order to ascertain the project budget brief
  6. Cost-benefit analysis are prepared for major cost items in accordance with the organisation's policy and procedures
  7. Work roles and tasks are allocated in accordance with budget requirements and person/s competency
  8. Work is prioritised and sequenced for effective outcome, completed within an acceptable timeframe to industry quality standard and in accordance with workplace procedures
  9. Liaison and communication with authorised persons, authorities are undertaken to resolve budget issues and coordinated work activities
  10. Financial risk control measures are identified, prioritised and evaluated in accordance with the budget work schedule
  11. Allocate, authorise and monitor expenditure
  12. Supply budget allocation and expenditure processes are performed in accordance with corporate governance and organisational protocols and workplace procedures
  13. Mathematical modelling is used to analyse the financial reports in accordance with workplace requirements and procedures
  14. Sub-budgets and financial allocation is continually monitored against organisational objectives and budgeted priorities to ensure optimum service delivery
  15. Specific expenditure data is analysed and compared with budget compliance specifications to ensure completion of the project within an agreed timeframe in accordance with requirements
  16. Re-allocation of financial resources is undertaken in accordance with workplace needs and priorities
  17. Work teams are arranged to ensure planned budget goals are met in accordance with workplace procedures
  18. Solutions to unplanned events are responded to in accordance with workplace procedures in a manner that minimises financial risk
  19. Quality of work is monitored against financial performance agreement and workplace, organisational and industry standards
  20. Financial resource strategic plans are developed incorporating organisation initiatives in accordance with workplace procedures
  21. Utilise relevant financial management information systems and review budget management
  22. Management information system reports are produced, verified and interpreted
  23. Management of budget is reviewed in accordance with workplace policies and procedures
  24. Management of budget is reported in accordance with workplace policies and procedures
  25. Appropriate persons are notified of financial review completion and reports and completion documents are finalised
  26. Budget management reports and completion documents are submitted to relevant persons for approval and as required, statutory or regulatory approval
  27. Approved copies of financial documents are issued and records are updated in accordance with workplace 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 UEG Gas Industry Training Package Companion Volume Implementation Guide.

constants and variables must include the following:

budget formats

operating budget

policy documents

financial reports

management information systems

budget format must include at least one (1) of the following:

zero based budgeting

program budgeting

line item budgeting

operating budget format must include the following:

staffing costs

capital expenditure/income

recurrent expenditure/income

forward estimates

cash flow

relevant policy documents must include the following:

supply policy

procurement policy

expenditure policy

audit policy

reporting and recording policies

financial reports must include at least one (1) of the following:

annual reports

program financial statements

accrual reports

monthly/quarterly financial reports

management information systems must include at least six (6) of the following:

computers

communication channels

records management data

procedures

protocols

legislation

guidelines and awards

organisation, legal and policy materials

client information

market trends

registry and file records

financial records

basic statistical information