Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners

CPPDSM4028 Mapping and Delivery Guide
Identify and analyse risks and opportunities in the property industry

Version 1.0
Issue Date: April 2024


Qualification -
Unit of Competency CPPDSM4028 - Identify and analyse risks and opportunities in the property industry
Description
Employability Skills
Learning Outcomes and Application This unit of competency specifies the outcomes required to identify and analyse potential threats and opportunities to ensure safe and effective property operations. It requires the ability to assess property systems and assets to determine the level of risk exposure and identify areas of opportunity for property operations.The unit supports workers in the property industry involved in identifying and analysing potential threats and opportunities to ensure safe and effective property operations. It applies to real estate agents, property managers, strata managers, Nationwide House Energy Rating Scheme (NatHERS) assessors, home sustainability assessors and facility managers.Licensing, legislative, regulatory or certification requirements apply to this unit in some States and Territories. Relevant state and territory regulatory authorities should be consulted to confirm those requirements.
Duration and Setting X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting.

The following must be present and available to learners during assessment activities:

equipment:

computer system with internet, email and printing facilities

specifications:

organisation’s policies and procedures for identifying and assessing risks

procedures for identifying and analysing risks and opportunities

relationship with team members and supervisor:

member of a work team in a property industry context.

Assessor requirements

As a minimum, assessors must satisfy the assessor requirements in the Standards for Registered Training Organisations (RTOs) current at the time of assessment.
Prerequisites/co-requisites
Competency Field Strata community management
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
Elements of Competency Performance Criteria              
Element: Identify risks and opportunities.
  • Information on actual and potential risks and opportunities is collected and assessed for currency, accuracy and relevance.
  • Structured plan for identifying and assessing likelihood of risk and opportunity is developed.
  • Limitations in identifying and assessing risks and opportunities are recognised, and assistance is sought as required.
       
Element: Analyse risks and opportunities.
  • Identified risks and opportunities are analysed for validity and reliability.
  • Assessment criteria for measuring level of potential or existing risk or opportunity, together with an assessment of consequences, are developed according to terms of reference.
  • Gaps in assessment methodology are identified and appropriate actions implemented.
  • Valid and relevant data is analysed against assessment criteria to determine level of potential risk or opportunity.
       
Element: Document findings.
  • Risk and opportunity assessment findings are documented.
  • Feedback on findings is actively sought to ensure accuracy and relevance of information.
  • Findings are updated as required and incorporated into risk and opportunity assessment plan for future management decision making.
  • Information is securely maintained with due regard to confidentiality.
       


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.

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the range of conditions.

1.

Identify risks and opportunities.

1.1.

Information on actual and potential risks and opportunities is collected and assessed for currency, accuracy and relevance.

1.2.

Structured plan for identifying and assessing likelihood of risk and opportunity is developed.

1.3.

Limitations in identifying and assessing risks and opportunities are recognised, and assistance is sought as required.

2.

Analyse risks and opportunities.

2.1.

Identified risks and opportunities are analysed for validity and reliability.

2.2.

Assessment criteria for measuring level of potential or existing risk or opportunity, together with an assessment of consequences, are developed according to terms of reference.

2.3.

Gaps in assessment methodology are identified and appropriate actions implemented.

2.4.

Valid and relevant data is analysed against assessment criteria to determine level of potential risk or opportunity.

3.

Document findings.

3.1.

Risk and opportunity assessment findings are documented.

3.2.

Feedback on findings is actively sought to ensure accuracy and relevance of information.

3.3.

Findings are updated as required and incorporated into risk and opportunity assessment plan for future management decision making.

3.4.

Information is securely maintained with due regard to confidentiality.

A person demonstrating competency in this unit must satisfy all of the elements, performance criteria, foundation skills and range of conditions of this unit.

The person must also identify and analyse potential risks and opportunities to ensure safe and effective property operations.

The person must demonstrate this performance by identifying and analysing three potential risks and three potential opportunities relating to the operations of one property-related organisation. The findings of this work must be documented in a form suitable for presentation to senior managers in the organisation.

In doing the above, the person must:

assess level of potential risk or opportunity against agreed assessment criteria

establish terms of reference and develop effective action plan and structure for analysis and assessment

apply knowledge of organisation’s practices, ethical standards, and legislative requirements associated with identifying and analysing potential risks and opportunities to ensure safe and effective property operations

obtain information from a range of sources and consultative processes to ensure accurate understanding of operating environment

review and prepare findings relating to risks and opportunities in a format suitable for presentation.

A person demonstrating competency in this unit must demonstrate knowledge of:

client and organisational confidentiality requirements

concept of litigation

insurance policies, codes and operations

mechanisms to obtain and analyse feedback on findings of risk and opportunity analysis

principles and techniques for identifying and measuring risks and opportunities

key requirements of federal, state or territory legislation and local government regulations relating to:

anti-discrimination

consumer protection

environmental issues

equal employment opportunity (EEO)

financial probity

franchise and business structures

industrial relations

work health and safety (WHS)

property sales, leasing and management

property industry code of conduct and professional standards

risk and opportunity assessment techniques and processes.

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.

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the range of conditions.

1.

Identify risks and opportunities.

1.1.

Information on actual and potential risks and opportunities is collected and assessed for currency, accuracy and relevance.

1.2.

Structured plan for identifying and assessing likelihood of risk and opportunity is developed.

1.3.

Limitations in identifying and assessing risks and opportunities are recognised, and assistance is sought as required.

2.

Analyse risks and opportunities.

2.1.

Identified risks and opportunities are analysed for validity and reliability.

2.2.

Assessment criteria for measuring level of potential or existing risk or opportunity, together with an assessment of consequences, are developed according to terms of reference.

2.3.

Gaps in assessment methodology are identified and appropriate actions implemented.

2.4.

Valid and relevant data is analysed against assessment criteria to determine level of potential risk or opportunity.

3.

Document findings.

3.1.

Risk and opportunity assessment findings are documented.

3.2.

Feedback on findings is actively sought to ensure accuracy and relevance of information.

3.3.

Findings are updated as required and incorporated into risk and opportunity assessment plan for future management decision making.

3.4.

Information is securely maintained with due regard to confidentiality.

This section specifies work environments and conditions that may affect performance. Essential operating conditions that may be present (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) are included. Bold italicised wording, if used in the performance criteria, is detailed below.

Risks must include at least three of the following:

deliberate, natural, accidental or perceived risks

industry special risks

loss of goodwill, reputation or credibility

loss of profits

loss, disclosure, destruction or compromise of asset

equipment malfunction

work health and safety (WHS)

public liability

trade practices issues.

Opportunities must include at least four of the following:

adding value

aggregation of assets

altering existing property or facility

change in use, ownership, appearance and perception of property or facility

changing style of investment

creating something new

use of bankers and financiers.

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
Information on actual and potential risks and opportunities is collected and assessed for currency, accuracy and relevance. 
Structured plan for identifying and assessing likelihood of risk and opportunity is developed. 
Limitations in identifying and assessing risks and opportunities are recognised, and assistance is sought as required. 
Identified risks and opportunities are analysed for validity and reliability. 
Assessment criteria for measuring level of potential or existing risk or opportunity, together with an assessment of consequences, are developed according to terms of reference. 
Gaps in assessment methodology are identified and appropriate actions implemented. 
Valid and relevant data is analysed against assessment criteria to determine level of potential risk or opportunity. 
Risk and opportunity assessment findings are documented. 
Feedback on findings is actively sought to ensure accuracy and relevance of information. 
Findings are updated as required and incorporated into risk and opportunity assessment plan for future management decision making. 
Information is securely maintained with due regard to confidentiality. 

Forms

Assessment Cover Sheet

CPPDSM4028 - Identify and analyse risks and opportunities in the property industry
Assessment task 1: [title]

Student name:

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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:

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Date:

Assessment Record Sheet

CPPDSM4028 - Identify and analyse risks and opportunities in the property industry

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:

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