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Evidence Guide: MSACMT430A - Improve cost factors in work practices

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

 

MSACMT430A - Improve cost factors in work practices

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

Analyse cost components of team's function

  1. Identify cost components in the product or process
  2. Identify costs factors under control of the team
  3. Identify causes of variability in costs
  4. Analyse impact of costs on production or process activities undertaken by team
Identify cost components in the product or process

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify costs factors under control of the team

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify causes of variability in costs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Analyse impact of costs on production or process activities undertaken by team

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Improve cost efficiency of team processes

  1. Identify methods of improving productivity and/or reducing costs within team's area of responsibility
  2. Determine cost/ benefit ratio of alternative methods improving productivity and/or reducing costs
  3. Consult with all relevant stakeholders regarding possible changes
  4. Recommend changes which will increase productivity and reduce cost and variability
  5. Implement recommended changes in consultation with relevant stakeholders
Identify methods of improving productivity and/or reducing costs within team's area of responsibility

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine cost/ benefit ratio of alternative methods improving productivity and/or reducing costs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Consult with all relevant stakeholders regarding possible changes

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Recommend changes which will increase productivity and reduce cost and variability

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Implement recommended changes in consultation with relevant stakeholders

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, the range statement and the assessment guidelines for this training package.

Overview of assessment requirements

The person will as part of their routine decision making aim to maximise the cost efficiency of their work team within their scope of authority. There should be evidence of their doing so.

What critical aspects of evidence are required to demonstrate competency in this unit?

Evidence of routinely analysing cost factors relevant to their team's operation and implementing improvements to the team's cost efficiency.

In what context should assessment occur?

Assessment will need to occur in a workplace or by use of a work based case study.

Are there any other units which could or should be assessed with this unit or which relate directly to this unit?

This unit may be assessed concurrently with appropriate units on continuous improvement.

What method of assessment should apply?

Assessors must be satisfied that the person can consistently perform the unit as a whole, as defined by the elements, performance criteria, skills and knowledge. A holistic approach should be taken to the assessment.

Assessors should gather sufficient, fair, valid, reliable, authentic and current evidence from a range of sources. Sources of evidence may include direct observation, reports from supervisors, peers and colleagues, project work, samples, organisation records and questioning. Assessment should not require language, literacy or numeracy skills beyond those required for the unit.

The assessee will have access to all techniques, procedures, information, resources and aids which would normally be available in the workplace.

The method of assessment should be discussed and agreed with the assessee prior to the commencement of the assessment.

What evidence is required for demonstration of consistent performance?

Evidence should be available over a period of time or from more than one process or product.

What are the specific resource requirements for this unit?

Access to a workplace implementing competitive manufacturing strategies. No other specific resources are required.

Required Skills and Knowledge

Required skills:

basic numeracy.

Required knowledge:

cost components of products made

costs concepts such as expense, income and cost benefit

major cost contributors to product (e.g. energy)

the difference between internally and externally controlled costs

difference between overhead, labour and consumables.

Range Statement

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, if used in the performance criteria, is detailed below. 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) may also be included.

Cost components

Cost components may include fixed and variable costs such as power/energy, materials, plant and equipment, salary and wages, office expenses such as telephone, and government taxes and charges.

Process

Process may include a production, maintenance, logistics or office process in a manufacturing environment.

Procedures

Procedures include all work instructions, standard operating procedures, formulas/recipes, batch sheets, temporary instructions and similar instructions provided for the smooth running of the plant. They may be written, verbal, computer based or in some other form.

For the purposes of this Training Package, 'procedures' also includes good operating practice as may be defined by industry codes of practice (e.g. Good Manufacturing Practice (GMP), Responsible Care) and government regulations.

Benefits

Benefits should include positive benefits as well as negative benefits such as quality, safety, reliability and similar issues which may be impacted by a cost saving.