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Evidence Guide: CPPDSM3007 - Identify risks and opportunities in the property industry

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

 

CPPDSM3007 - Identify risks and opportunities in the property industry

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

Identify risks and opportunities in relation to assets and business systems.

  1. Client and organisational assets and business systems to be analysed for risk and opportunities are identified.
  2. Potential risks to and opportunities for clients and organisation are identified and confirmed with relevant people in line with organisational requirements.
  3. Relevant legislative requirements, insurance, codes and standards applicable to use of assets and business systems are identified and examined to identify potential risks and opportunities.
  4. Limitations in identifying risks and opportunities are identified and specialist advice is sought as required.
  5. Gaps or breaches in established risk management practices are identified and reported.
Client and organisational assets and business systems to be analysed for risk and opportunities are identified.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Potential risks to and opportunities for clients and organisation are identified and confirmed with relevant people in line with organisational requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Relevant legislative requirements, insurance, codes and standards applicable to use of assets and business systems are identified and examined to identify potential risks and opportunities.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Limitations in identifying risks and opportunities are identified and specialist advice is sought as required.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Gaps or breaches in established risk management practices are identified and reported.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Document and report identified risks and opportunities.

  1. Identified risks and opportunities supported by verifiable evidence are documented in a clear and concise manner and suitable format.
  2. Feedback is actively sought to ensure sufficiency and relevance of information in meeting client and organisational requirements.
  3. Information is securely maintained according to legislative and organisational requirements.
Identified risks and opportunities supported by verifiable evidence are documented in a clear and concise manner and suitable format.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Feedback is actively sought to ensure sufficiency and relevance of information in meeting client and organisational requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Information is securely maintained according to legislative and organisational requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

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 in relation to assets and business systems.

1.1.

Client and organisational assets and business systems to be analysed for risk and opportunities are identified.

1.2.

Potential risks to and opportunities for clients and organisation are identified and confirmed with relevant people in line with organisational requirements.

1.3.

Relevant legislative requirements, insurance, codes and standards applicable to use of assets and business systems are identified and examined to identify potential risks and opportunities.

1.4.

Limitations in identifying risks and opportunities are identified and specialist advice is sought as required.

1.5.

Gaps or breaches in established risk management practices are identified and reported.

2.

Document and report identified risks and opportunities.

2.1.

Identified risks and opportunities supported by verifiable evidence are documented in a clear and concise manner and suitable format.

2.2.

Feedback is actively sought to ensure sufficiency and relevance of information in meeting client and organisational requirements.

2.3.

Information is securely maintained according to legislative and organisational requirements.

Required Skills and Knowledge

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 in relation to assets and business systems.

1.1.

Client and organisational assets and business systems to be analysed for risk and opportunities are identified.

1.2.

Potential risks to and opportunities for clients and organisation are identified and confirmed with relevant people in line with organisational requirements.

1.3.

Relevant legislative requirements, insurance, codes and standards applicable to use of assets and business systems are identified and examined to identify potential risks and opportunities.

1.4.

Limitations in identifying risks and opportunities are identified and specialist advice is sought as required.

1.5.

Gaps or breaches in established risk management practices are identified and reported.

2.

Document and report identified risks and opportunities.

2.1.

Identified risks and opportunities supported by verifiable evidence are documented in a clear and concise manner and suitable format.

2.2.

Feedback is actively sought to ensure sufficiency and relevance of information in meeting client and organisational requirements.

2.3.

Information is securely maintained according to legislative and organisational requirements.

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 document routine risks and opportunities relating to two different assets and two different business systems in a property-related organisation.

In doing the above, the person must:

identify a range of potential risks and opportunities in key assets and business systems in the above organisation

identify and report gaps or breaches in established risk management practices

prepare risk and opportunity findings in a format suitable for presentation and review, using standardised styles and formats.

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

client and organisational confidentiality requirements

insurance policies, codes and operations relating to insurance requirements for assets and business systems

limitations of own work role, responsibilities and professional abilities in relation to identifying risks and opportunities in the property industry

mechanisms to obtain and analyse feedback

methods to identify and prioritise a range of risks and opportunities

risk management practices in the property industry

types of assets and business systems in organisations in the property industry.

Range Statement

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:

people

performance

premises, plant and equipment

processes

profile or reputation

providers or suppliers.

Opportunities must include at least five of the following:

adding value

aggregating assets

altering existing property or facility

change in consumer perceptions or tastes

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

changing style of investment

creating something new

identifying a market niche

new or redeveloped property-related product or service

new source of funds.

Assets must include at least three of the following:

building facilities

buildings

cash

common property

equipment

goodwill

inventory

land

securities

vehicles.

Business systems must include at least three of the following:

administration

finance

information technology

knowledge management

marketing

sales

trust fund administration.

Securely maintaining information must include:

using business equipment and technology according to work health and safety (WHS) requirements

maintaining client confidentiality.