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 in the performance criteria is detailed below. Add any essential operating conditions that may be present with training and assessment depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts.
Portfolio may relate to: | buildings business and marketing contracts equipment furniture goodwill land property vehicles. |
Portfolio objectives and scope may relate to: | current and proposed usage financial constraints image and presentation market confidence market options and conditions maximum asset use return on investment supply and demand tenancy possibilities value adding. |
Clients may include: | company management fund managers government and legal instruments or agencies institutions insurers internal and external property groups legal advisers private investors property agents property owners risk assessors. |
Relevant people may include: | accountants analysts clients government personnel legal representatives management and colleagues members of industry associations taxation specialists. |
Risk assessment may include analysis of: | changes to regulations and legislation client and staff satisfaction competition emergencies and disasters fire and security health and safety market influences physical, financial or human resources project control and cash flow suppliers and contractors time constraints. |
Organisational requirements may be outlined and reflected in: | access and equity principles and practice guidelines business and performance plans complaint and dispute resolution procedures goals, objectives, plans, systems and processes legal and ethical requirements and codes of practice mission statements and strategic plans OHS policies, procedures and programs policies and procedures in relation to client service quality and continuous improvement processes and standards quality assurance and procedure manuals. |
Industry benchmarks may relate to: | discounted cash flows employment rates industry association performance index inflation rate internal rates of return life cycle costings published vacancy factors tenancy mix. |
Portfolio performance may be influenced by: | capacity to improve assets capital growth versus short-term gain cash flows change to organisational structure demographics gearing possibilities geographic aspects limits to financial resources return on investment return versus risk taxation considerations type of facility. |
Risk management measures may describe: | how often risks will be reviewed, the process for review and who will be involved how risk status will be reported and to whom planned strategies for reducing likelihood and seriousness of each risk (mitigation strategies) and who will be responsible for implementing them initial snapshot of the major risks and current grading process that will be used to identify, analyse and manage risks both initially and throughout the life of the project who will be responsible for which aspects of risk management. |
Legislative requirements may be outlined and reflected in: | Australian standards, and quality assurance and certification requirements award and enterprise agreements codes of practice covering the market sector and industry, financial transactions, taxation, environment, construction, land use, native title, zoning, utilities use (water, gas and electricity), and contract or common law environmental and zoning laws affecting access security, access and property use general duty of care to clients home building requirements local regulations and by-laws privacy laws applying to owners, contractors and tenants relevant federal, and state or territory legislation that affects organisational operation, including: anti-discrimination and diversity environmental issues EEO industrial relations OHS strata, community and company titles tenancy agreements trade practices laws and guidelines. |
Portfolio management plan may include: | building and engineering maintenance, cleaning services, security and landscape maintenance control of traffic and parking environment plans funding strategies infrastructure for and supply of utilities such as energy, water and sewerage life cycle management plans long-term capital and maintenance financial forecasts performance benchmarking recommendations and measurement processes risk management processes. |
Roles and responsibilities may be influenced by: | codes of conduct job description and employment arrangements organisational policies relevant to work role skills, training and competencies supervision and accountability requirements team structures. |
Quality assurance goals and strategies may relate to: | a formal structure against which progress can be evaluated budgets and timetables that enable the commitment of resources at appropriate points in the project compliance with Australian standards contingency plans to cater for a change of corporate focus or significant project difficulties continuous improvement strategies mechanisms for involving a wide variety of interested parties or stakeholders in the project procedures for monitoring and evaluating project outcomes and client satisfaction reducing risk by anticipating, evaluating and developing strategies for the management of possible problems reporting procedures and protocols. |
Evaluation methods may be qualitative or quantitative and may include: | checklists cost data analysis expert and peer review interviews observation questionnaires review of quality assurance data. |