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Evidence Guide: AHCBUS402A - 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

 

AHCBUS402A - Cost a project

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

Obtain current prices for project resources

  1. Project objectives, required work activities and available finance are identified and interpreted according to the project plan and enterprise guidelines.
  2. Resources required for project works are identified according to the project plan.
  3. Factors affecting resource costs are identified using available information.
  4. Add-on costs are taken into consideration according to enterprise guidelines.
  5. Appropriate tools and equipment are selected and used for the calculation and documentation of project costs.
Project objectives, required work activities and available finance are identified and interpreted according to the project plan and enterprise guidelines.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Resources required for project works are identified according to the project plan.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Factors affecting resource costs are identified using available information.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Add-on costs are taken into consideration according to enterprise guidelines.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Appropriate tools and equipment are selected and used for the calculation and documentation of project costs.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Calculate individual itemised costs of the project

  1. Unit and total cost for each resource item is calculated according to enterprise guidelines.
  2. Total itemised resource costs are evaluated against the financial schedule for the project.
  3. Adjustments are made where required to reconcile resource costs with project schedules in strict adherence to enterprise guidelines for costing a project.
Unit and total cost for each resource item is calculated according to enterprise guidelines.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Total itemised resource costs are evaluated against the financial schedule for the project.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Adjustments are made where required to reconcile resource costs with project schedules in strict adherence to enterprise guidelines for costing a project.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Prepare a summary of the cost of the project

  1. Resource costs are collated and scheduled according to the project plan and enterprise guidelines.
  2. Total project costs are accurately calculated and recorded according to enterprise guidelines.
  3. Financial summary is collated, organised and submitted to management for approval.
Resource costs are collated and scheduled according to the project plan and enterprise guidelines.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Total project costs are accurately calculated and recorded according to enterprise guidelines.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Financial summary is collated, organised and submitted to management for approval.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

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

Competence in costing a project requires evidence that a person is able to obtain current prices for required resources, calculate costs and present a summary of project costs that provides for cost effective project outcomes. 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:

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.

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.

Required Skills and Knowledge

Required skills

research and evaluate information

accurately complete financial calculations, collate and organise quantitative and financial information

comply with legislative requirements

document financial summaries for the understanding of staff, managers and contractors

use literacy skills to read, interpret and follow organisational policies and procedures, develop sequenced written instructions, record accurately and legibly information collected and select and apply procedures to a range of tasks

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 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

relevant State and Federal legislation, awards, enterprise agreements and management policies relating to labour hire and employment terms, and Occupational Health and Safety (OHS)

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

enterprise and industry standards and practices for formatting, organising and presenting financial and quantitative information.

Range Statement

The range statement relates to the unit of competency as a whole.

Projects may include:

those carried out in horticultural or land management enterprises.