This unit involves the skills and knowledge required to implement asset management systems in various contexts within the transport and logistics industry.

It includes determining management control processes; implementing existing practices, procedures and systems; and reviewing service levels.

The unit generally applies to those who lead individuals or teams and have responsibility for implementing and monitoring asset management systems.

No licensing, legislative or certification requirements apply to this unit at the time of publication.

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1

Determine management control process

1.1

Roles and responsibilities of business units or departments are clarified to ensure effective management of assets in accordance with organisational policy and procedures

1.2

Specific organisation reporting and monitoring standards are clarified as required and complied with

1.3

Information systems that provide the information necessary for effective and efficient asset management for all levels within the organisation are maintained

1.4

Regular audits are arranged, as required, to establish a continuous improvement cycle

2

Implement existing practices, procedures and systems

2.1

Assessments of current status of asset management activities within business units or departments are conducted regularly in accordance with asset management plan

2.2

Work group/s are supported to adhere to milestones and targets

2.3

Areas of difficulty are identified and strategies are followed to overcome identified difficulties

3

Review service levels

3.1

Current levels of service provided by asset stock are critically examined

3.2

Areas of possible improvement in the effectiveness and efficiencies of owning and operating assets are identified in consultation with relevant personnel

3.3

Appropriate benchmarking is undertaken to enable continuous improvement in asset management strategies and practices

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria on at least one occasion and include:

applying relevant legislation and workplace procedures

communicating and working effectively with others

completing relevant documentation

consulting and liaising, as required, when working with a team

implementing, monitoring and reviewing management systems

interpreting and following operational instructions and prioritising work

managing a team and encouraging team participation

operating electronic communications equipment to required protocol

using critical analysis to determine the best approach to asset management for the organisation

using lateral thinking to solve problems as they arise or to generate ideas.

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria and include knowledge of:

benchmarking practices

characteristics of different types of information systems used to provide and assist in asset management

code of practice for working collaboratively with others particularly with those involved in inputting data into asset management systems

detail of different approaches to asset management, including theoretical knowledge

organisational and industry functions

procedures for identifying equipment defects and assessing for appropriate action

procedures for operating electronic communications equipment

quality management principles and procedures

relevant sections of national and state/territory regulatory requirements and codes of practice

requirements for completing relevant documentation including asset management reports.

As a minimum, assessors must satisfy applicable regulatory requirements, which include requirements in the Standards for Registered Training Organisations current at the time of assessment.

As a minimum, assessment must satisfy applicable regulatory requirements, which include requirements in the Standards for Registered Training Organisations current at the time of assessment.

Assessment must occur in workplace operational situations where it is appropriate to do so; where this is not appropriate, assessment must occur in simulated workplace operational situations that replicate workplace conditions.

Assessment processes and techniques must be appropriate to the language, literacy and numeracy requirements of the work being performed and the needs of the candidate.

Resources for assessment include:

a range of relevant exercises, case studies and/or simulations

relevant and appropriate materials, tools, equipment and personal protective equipment currently used in industry

applicable documentation including workplace procedures, regulations, codes of practice and operation manuals.