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Evidence Guide: MSS402082 - Apply cost factors to 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

 

MSS402082 - Apply cost factors to work practices

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

Identify the major cost components of product or process in own work area

  1. Identify cost components in the product or process in own work area
Identify cost components in the product or process in own work area

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Recognise the impact of current or alternative actions on costs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify constraints to cost-efficiency

  1. Identify required production or process rate and major costs
Identify required production or process rate and major costs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify costs factors under individual or team control

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Relate identified costs factors to impact on overall cost of production or process

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify cost factors that are a constraint to cost-efficiency in own work area

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Apply cost-efficient work practices

  1. Identify and explain to relevant people the implications of actions and changes to improve cost-efficiency in simple financial terms
Identify and explain to relevant people the implications of actions and changes to improve cost-efficiency in simple financial terms

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify non-financial implications of proposed changes in discussion with relevant people

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Select actions which minimise overall costs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Monitor actions to ensure cost-efficiency in own work area is maintained

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Required Skills and Knowledge