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Evidence Guide: AHCBUS402 - Cost a project

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

AHCBUS402 - Cost a project

What evidence can you provide to prove your understanding of each of the following citeria?

Determine resources required for the project

  1. Identify and interpret project objectives, required work activities and available finance in line with enterprise guidelines and legislative requirements where required
  2. Identify resources required for project works
  3. Identify factors affecting resource costs using available information
  4. Select and use appropriate tools, equipment and technology for the calculation and documentation of project costs
Identify and interpret project objectives, required work activities and available finance in line with enterprise guidelines and legislative requirements where required

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Identify resources required for project works

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Identify factors affecting resource costs using available information

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Select and use appropriate tools, equipment and technology for the calculation and documentation of project costs

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Calculate individual itemised costs of the project

  1. Calculate unit and total cost for each resource item
  2. Evaluate total itemised resource costs against the financial schedule for the project
  3. Make adjustments where required to reconcile resource costs with project schedules
  4. Identify and determine costs for peripheral works arising from the project
Calculate unit and total cost for each resource item

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Evaluate total itemised resource costs against the financial schedule for the project

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Make adjustments where required to reconcile resource costs with project schedules

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Identify and determine costs for peripheral works arising from the project

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Prepare a summary of the cost of the project

  1. Collate and schedule resource costs
  2. Calculate and record total project costs
  3. Submit financial summary for approval
Collate and schedule resource costs

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Calculate and record total project costs

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Submit financial summary for approval

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

Element

Performance criteria

Elements describe the essential outcomes.

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

1. Determine resources required for the project

1.1 Identify and interpret project objectives, required work activities and available finance in line with enterprise guidelines and legislative requirements where required

1.2 Identify resources required for project works

1.3 Identify factors affecting resource costs using available information

1.4 Select and use appropriate tools, equipment and technology for the calculation and documentation of project costs

2. Calculate individual itemised costs of the project

2.1 Calculate unit and total cost for each resource item

2.2 Evaluate total itemised resource costs against the financial schedule for the project

2.3 Make adjustments where required to reconcile resource costs with project schedules

2.4 Identify and determine costs for peripheral works arising from the project

3. Prepare a summary of the cost of the project

3.1 Collate and schedule resource costs

3.2 Calculate and record total project costs

3.3 Submit financial summary for approval

Required Skills and Knowledge

Element

Performance criteria

Elements describe the essential outcomes.

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

1. Determine resources required for the project

1.1 Identify and interpret project objectives, required work activities and available finance in line with enterprise guidelines and legislative requirements where required

1.2 Identify resources required for project works

1.3 Identify factors affecting resource costs using available information

1.4 Select and use appropriate tools, equipment and technology for the calculation and documentation of project costs

2. Calculate individual itemised costs of the project

2.1 Calculate unit and total cost for each resource item

2.2 Evaluate total itemised resource costs against the financial schedule for the project

2.3 Make adjustments where required to reconcile resource costs with project schedules

2.4 Identify and determine costs for peripheral works arising from the project

3. Prepare a summary of the cost of the project

3.1 Collate and schedule resource costs

3.2 Calculate and record total project costs

3.3 Submit financial summary for approval

The candidate must be assessed on their ability to integrate and apply the performance requirements of this unit in a workplace setting. Performance must be demonstrated consistently over time and in a suitable range of contexts.

The candidate must provide evidence that they can:

identify resources for a project

investigate options for material supplies, services, contractors and consultants

research prices for required resources

calculate costs for the project

document a summary of project costs.

The candidate must demonstrate knowledge of:

relevant State and Federal legislation, awards, enterprise agreements and management policies relating to the project

project costing technology and software

current pricing structures and options for material supplies, services, contractors and consultants.

Range Statement