- AHCMOM601A - Analyse machinery options
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
AHCMOM601A Mapping and Delivery Guide
Analyse machinery options
Version 1.0
Issue Date: April 2024
| Qualification | - |
Unit of Competency | AHCMOM601A - Analyse machinery options |
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| Description | This unit covers the analysis of machinery options within an agricultural, horticultural or land management enterprise and defines the standard required to: calculate the total running cost of machinery; review the machinery needs of the enterprise and evaluate costed alternative options; budget the calculated rate of return on investments using benchmarks of energy efficiency; compare the productivity and suitability of different types and brands of machinery; analyse the financial costs, tax impact and investment risk for different types of machinery; document the analysis and define the preferred option; and review the investment plan and analysis of options. | ||
| Employability Skills | This unit contains employability skills. | ||
| Learning Outcomes and Application | This unit applies to the analysis of machinery options within an agricultural, horticultural or land management enterprise and requires expertise of benchmarking practices and procedures, energy efficiency, capital budgeting techniques, relevant taxation provisions relating to investment, risks associated with investments and analysis and planning processes. | ||
| Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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| Prerequisites/co-requisites | |||
| Competency Field | |||
| Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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| Elements of Competency | Performance Criteria | |||||||
| Element: Calculate costs associated with machinery and use to assist decision making |
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| Element: Review machinery requirements |
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| Element: Analyse returns from major capital investments in machinery |
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Evidence Required
List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.
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 | |
Critical aspects for assessment and evidence required to demonstrate competency in this unit | The evidence required to demonstrate competency in this unit must be relevant to workplace operations and satisfy holistically all of the requirements of the performance criteria and required skills and knowledge and include achievement of the following: calculate the total running cost of machinery review the machinery needs of the enterprise and evaluate costed alternative options budget the calculated rate of return on investments using benchmarks of energy efficiency compare the productivity and suitability of different types and brands of machinery analyse the financial costs, tax impact and investment risk for different types of machinery document the analysis and define the preferred option review the investment plan and analysis of options. |
Context of and specific resources for assessment | Competency requires the application of work practices under work conditions. Selection and use of resources for some worksites may differ due to the regional or enterprise circumstances. |
Submission Requirements
List each assessment task's title, type (eg project, observation/demonstration, essay, assignment, checklist) and due date here
Assessment task 1: [title] Due date:
(add new lines for each of the assessment tasks)
Assessment Tasks
Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.
Required skills |
calculate costs associated with machinery review machinery inventory and requirement evaluate and cost options assess investment risk budget and incorporate benchmarks calculate returns from major capital investments in machinery document a comprehensive report use literacy skills to fulfil job roles as required by the organisation. The level of skill may range from reading and understanding documentation to completion of written reports use oral communication skills/language competence to fulfil the job role as specified by the organisation, including questioning, active listening, asking for clarification, negotiating solutions and responding to a range of views use numeracy skills to estimate, calculate and record complex workplace measures use interpersonal skills to work with others and relate to people from a range of cultural, social and religious backgrounds and with a range of physical and mental abilities. |
Required knowledge |
benchmarking practices and procedures, including energy efficiency, carbon footprint and water use efficiency capital budgeting techniques relevant taxation provisions relating to investment risks associated with investments analysis and planning processes. |
The range statement relates to the unit of competency as a whole. | |
The factors may include: | the range of farming systems financing arrangements machinery types budgeting variables, including energy efficiency machinery ownership options. |
Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.
Observation Checklist
| Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice | Yes | No | Comments/feedback |
|---|---|---|---|
| Overhead, operating and intangible costs related to machinery are calculated. | |||
| Relevant benchmark data that relates machinery costs to enterprise productivity is sourced and compared to own enterprise data. | |||
| Comparison of productivity and suitability of different types and brands of machinery is made. | |||
| Machinery inventory is reviewed in the context of the goals of the business, and current and future productivity and profitability levels. | |||
| Alternatives to ownership are identified, costed and evaluated. | |||
| Tax impact of the capital investment is identified through appropriate professional support and incorporated into the analysis. | |||
| Risks associated with high capital investment in machinery are assessed and controlled in making machinery decisions. | |||
| Capital budgeting techniques including energy efficiency are used to calculate the rate of return on major investment decisions. | |||
| Plan and analysis of machinery options are reviewed and refinements are recorded. |
Forms
Assessment Cover Sheet
AHCMOM601A - Analyse machinery options
Assessment task 1: [title]
Student name:
Student ID:
I declare that the assessment tasks submitted for this unit are my own work.
Student signature:
Result: Competent Not yet competent
Feedback to student
Assessor name:
Signature:
Date:
Assessment Record Sheet
AHCMOM601A - Analyse machinery options
Student name:
Student ID:
Assessment task 1: [title] Result: Competent Not yet competent
(add lines for each task)
Feedback to student:
Overall assessment result: Competent Not yet competent
Assessor name:
Signature:
Date:
Student signature:
Date: