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Elements and Performance Criteria

1. Plan for and coordinate the preparation and appraisal of financial impact statements
   • OHS practices/procedures and environmental and sustainable energy procedures which may influence the preparation and appraisal of financial impact statements are reviewed and determined.
   • Purpose of the financial statement is established and expected outcomes of the work are confirmed with the appropriate personnel.
   • Established procedures, policies and specifications for financial impact statement preparation and appraisal are obtained or established with the appropriate personnel.
   • Work is prioritised and sequenced for the most efficient and effective outcome following consultation with others for completion within acceptable timeframes, to a quality standard and in accordance with established procedures.
   • Risk control measures are identified, prioritised and evaluated against the work schedule.
   • Liaison and communication issues with other/authorised personnel, authorities, clients and land owners are resolved and activities coordinated to carry out work.
   • Personnel participating in the work are fully briefed and respective responsibilities coordinated and authorised where applicable in accordance with established procedures.
2. Carry out and coordinate the preparation and appraisal of financial impact statements
   • Circuit system modelling is used to evaluate alternative proposals as per established procedures.
   • OHS and sustainable energy principles, functionality and practices to reduce the incidence of accidents and minimise waste are incorporated into the project in accordance with requirements and/or established procedures.
   • Quality of work is monitored against personal performance agreement and/or established organisational and professional standards.
   • Technical advice is given to potential hazards, safety risks and control measures so that monitoring and preventative action can be undertaken and/or appropriate authorities consulted, where necessary, in accordance with requirements and established procedures.
   • Essential knowledge and associated skills are applied to analyse specific data and compare it with compliance specifications to ensure completion of the project within an agreed timeframe according to requirements.
3. Complete and coordinate the preparation and appraisal of financial impact statements
   • Final inspections of the financial impact statement are undertaken to ensure they comply with all requirements and include all specifications and documentations needed to complete the appraisal brief.
   • Appropriate personnel are notified of completion and reports and/or completion documents are finalised.
   • Reports and/or completion documents are submitted to relevant personnel/organisations for approval and, where applicable, statutory or regulatory approval.
   • Approved copies of financial impact statement documents are issued and records are updated in accordance with established procedures.

Required Skills

Essential Knowledge and Associated Skills EKAS This describes the essential skills and knowledge and their level required for this unit Evidence shall show that knowledge has been acquired of preparing and appraising financial impact statements All knowledge and skills detailed in this unit should be contextualised to current industry practices and technologies KSTDSA Prepare and appraise power systems financial impact statements KS01-TDS40A Prepare and appraise power systems financial impact statements Evidence shall show an understanding of the preparation and appraisal of power systems financial impact statements to an extent indicated by the following aspects T Principles of safe design to an extent indicated by the following aspects CommonwealthStateTerritory legislation standards codes supply authority regulations and or enterprise requirements associated with safe design principles Particular reference to state and territory regulations regarding working near energised conductors electrical access heights confined space testing procedures and licensing rules Application of safe design principles safe design duty related information safe design process related information and safe design evaluations T Methodology used in writing enterprise specific management reports to an extent indicated by the following aspects Commonwealth StateTerritory and local government legislation supply authority regulations Standards codes and or enterprise requirements applicable to the writing enterprise specific management reports Techniques in researching collating and analysing information for the report recording filing retrieving systems and storing and retrieving data from computer systems Relationship of management reports to enterprise policies and procedures enterprise structure and resources Workplace OHS and risk management enterprise data financial and operational data Environmental enterprise policies and procedures Industrial relations policies and procedures Antidiscrimination policies and procedures Techniques in writing enterprise specific management reports methods used to disseminate information and facilitate enterprise requirements document proformas and compliance and legislative requirements to produce effective reports in the appropriate format T Evidence shall show an understanding of financial impact statements encompassing Techniques in budgeting and tracking project progress Preparation and analysis of budget figures Techniques in the coordination of contingencies and risks that have a budget effect Techniques in dealing with problems that have a budget effect Examples of forms of recording project status and costings Application of relevant computer software packages Methods of prepare proposals encompassing prepare specifications tender and evaluation and letting of tenders Techniques in estimating contract documents drawings specifications general conditions special conditions Resources costs hourly rates labour plant material subcontractors direct and indirect costs contingency costs project margin cost of money budget preliminary tender labour costing equipment costing economic comparisons and contract variations Techniques in prepare and interpret proposals and tender documents Techniques in preparing tender documents Techniques in interpret tender documents Techniques in preparing cost estimates for a project from relevant data Techniques in preparing financial impact statements T Project management encompassing Commonwealth State and local government legislation standards codes supply authority regulations and or enterprise requirements including relevant certification and licensing applicable to the duties and responsibilities for management a project Analyse functions of project management to determine achievement of project objectives Relationship of stakeholders to the project Techniques in development of project plan project integration scope timelines cost quality resources communicationprotocol requirements riskuncertainties and procurement and contacting Relationship between project processes project life and project phases Planning and control procedures resource management and risk management Techniques methodologies and tools available to project managers Types of internal and external environmental factors that may affect the project

Evidence Required

This provides essential advice for assessment of the unit of competency and must be read in conjunction with the Performance Criteria and the range statement of the unit of competency and the Training Package Assessment Guidelines The Evidence Guide forms an integral part of this Competency Standard Unit and shall be used in conjunction with all component parts of this unit and performed in accordance with the Assessment Guidelines of this Training Package

Overview of Assessment

Longitudinal competency development approaches to assessment such as Profiling require data to be reliably gathered in a form that can be consistently interpreted over time This approach is best utilised in Apprenticeship programs and reduces assessment intervention It is the Industrys preferred model for apprenticeships However where summative or final assessment is used it is to include the application of the competency in the normal work environment or at a minimum the application of the competency in a realistically simulated work environment It is recognised that in some circumstances assessment in part or full can occur outside the workplace However it must be in accord with Industry and Regulatory policy in this regard Methods chosen for a particular assessment will be influenced by various factors These include the extent of the assessment the most effective locations for the assessment activities to take place access to physical resources additional safety measures that may be required and the critical nature of the competencies being assessed The critical safety nature of working with electricity electrical equipment gas or any other hazardous substancematerial carries risk in deeming a person competent Hence sources of evidence need to be rich in nature so as to minimise error in judgment Activities associated with normal every day work have a bearing on the decision as to how much and how detailed the data gathered will contribute to its richness Some skills are more critical to safety and operational requirements while the same skills may be more or less frequently practiced These points are raised for the assessors to consider when choosing an assessment method and developing assessment instruments Sample assessment instruments are included for Assessors in the Assessment Guidelines of this Training Package

Critical aspects of evidence required to demonstrate competency in this unit
	Before the critical aspects of evidence are considered all prerequisites shall be met Evidence for competence in this unit shall be considered holistically Each element and associated Performance Criteria shall be demonstrated on at least two occasions in accordance with the Assessment Guidelines UETUET Evidence shall also comprise A representative body of Performance Criteria demonstrated within the timeframes typically expected of the discipline work function and industrial environment In particular this shall incorporate evidence that shows a candidate is able to Implement Occupational Health and Safety workplace procedures and practices including the use of risk control measures as specified in the Performance Criteria and range and Apply sustainable energy principles and practices as specified in the Performance Criteria and range and Demonstrate an understanding of the essential knowledge and associated skills as described in this unit to such an extent that the learners performance outcome is reported in accordance with the preferred approach namely a percentile graded result where required by the regulated environment and Demonstrate an appropriate level of employability skills and Conduct work observing the relevant Anti Discrimination legislation regulations policies and workplace procedures and Demonstrated performance across a representative range of contexts from the prescribed items below
		Range of toolsequipmentmaterialsproceduresworkplacesother variables
		Group No	The minimum number of items on which skill is to be demonstrated	Item List
		A	Completion of six designs in total drawn from at least two of the following project types	Overhead line designs Underground line designs Distribution substations designs Customer substations designs Transmission substations designs Subtransmission substations designs Public lighting designs Zone substation designs Substation secondary systems Commissioning Substation secondary systems Maintenance and augmentation Generation secondary systems Commissioning Generation secondary systems Maintenance and augmentation HV Primary plant Commissioning HV Primary plant Maintenance and augmentation
		B	Financial Impact Statements shall also include	Activities that address the correction of errors in the process
		C	At least one occasion	Dealing with an unplanned event by drawing on essential knowledge and associated skills to provide appropriate solutions incorporated in the holistic assessment with the above listed items

Context of and specific resources for assessment

This unit should be assessed as it relates to normal work practice using procedures information and resources typical of a workplace This should include OHS policy and work procedures and instructions Suitable work environment facilities equipment and materials to undertake actual preparation and appraisal of financial impact statements In addition to the resources listed above in Context of and specific resources for assessment evidence should show demonstrated competency working realistic environment and a variety of conditions

Method of assessment

This Competency Standard Unit shall be assessed by methods given in Volume Part Assessment Guidelines Note Competent performance with inherent safe working practices is expected in the Industry to which this Competency Standard Unit applies This requires that the specified essential knowledge and associated skills are assessed in a structured environment which is primarily intended for learningassessment and incorporates all necessary equipment and facilities for learners to develop and demonstrate the essential knowledge and associated skills described in this unit

Concurrent assessment and relationship with other units
	There are no recommended concurrencies for this unit

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Range Statement

10) This relates to the unit of competency as a whole providing the range of contexts and conditions to which the Performance Criteria apply. It allows for different work environments and situations that will affect performance. This Competency Standard Unit shall be demonstrated in relation to the preparation and appraisal of financial impact statements and may include the following equipment: Financial software, Computer hardware, Design sketches. The following constants and variables included in the element/Performance Criteria in this unit are fully described in the Definitions Section 1 of this volume and form an integral part of the Range Statement of this unit: Appropriate and relevant persons (see Personnel) Appropriate authorities Appropriate work platform Assessing risk Assessment Authorisation Confined space Diagnostic, testing and restoration Documenting detail work events, record keeping and or storage of information Drawings and specifications Emergency Environmental and sustainable energy procedures Environmental legislation Environmental management documentation Established procedures Fall prevention Hazards Identifying hazards Inspect Legislation MSDS Notification OHS practices OHS issues Permits and/or permits to work Personnel Quality assurance systems Requirements Safe design principles Testing procedures Work clearance systems

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