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Evidence Guide: PPMNUM430 - Calculate and analyse production and financial performance

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

 

PPMNUM430 - Calculate and analyse production and financial performance

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

Calculate and compare actual and budget performance

  1. Identify production and budget performance, related to own work role and reflected in documentation and procedures, work health and safety (WHS) procedures, environmental procedures, productivity and efficiency measures,standard operating procedures (SOP), and housekeeping requirements.
  2. Calculate and compare costs with standards or budgets to identify variance from planned performance.
Identify production and budget performance, related to own work role and reflected in documentation and procedures, work health and safety (WHS) procedures, environmental procedures, productivity and efficiency measures,standard operating procedures (SOP), and housekeeping requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Calculate and compare costs with standards or budgets to identify variance from planned performance.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Prepare and analyse data

  1. Consolidate data with standard reporting format to report performance and activity.
  2. Analyse financial results to identify costs which require particular attention in improving financial performance.
  3. Interpret time series data from tables and graphs to identify performance trends.
Consolidate data with standard reporting format to report performance and activity.

Completed
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Analyse financial results to identify costs which require particular attention in improving financial performance.

Completed
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Interpret time series data from tables and graphs to identify performance trends.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Calculate calibration adjustments

  1. Interpret mathematical concepts associated with equipment calibration and use to determine adjustment to equipment settings.
  2. Verify calibration calculation by checking the accuracy of the adjustment in the actual work performance.
  3. Take appropriate action including process adjustments, reporting to authorized person or rectifying the problem within level of responsibility.
Interpret mathematical concepts associated with equipment calibration and use to determine adjustment to equipment settings.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Verify calibration calculation by checking the accuracy of the adjustment in the actual work performance.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Take appropriate action including process adjustments, reporting to authorized person or rectifying the problem within level of responsibility.

Completed
Date:

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Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

ELEMENTS

PERFORMANCE CRITERIA

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. Calculate and compare actual and budget performance

1.1. Identify production and budget performance, related to own work role and reflected in documentation and procedures, work health and safety (WHS) procedures, environmental procedures, productivity and efficiency measures,standard operating procedures (SOP), and housekeeping requirements.

1.2. Calculate and compare costs with standards or budgets to identify variance from planned performance.

2. Prepare and analyse data

2.1. Consolidate data with standard reporting format to report performance and activity.

2.2. Analyse financial results to identify costs which require particular attention in improving financial performance.

2.3. Interpret time series data from tables and graphs to identify performance trends.

3. Calculate calibration adjustments

3.1. Interpret mathematical concepts associated with equipment calibration and use to determine adjustment to equipment settings.

3.2. Verify calibration calculation by checking the accuracy of the adjustment in the actual work performance.

3.3. Take appropriate action including process adjustments, reporting to authorized person or rectifying the problem within level of responsibility.

Required Skills and Knowledge

ELEMENTS

PERFORMANCE CRITERIA

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. Calculate and compare actual and budget performance

1.1. Identify production and budget performance, related to own work role and reflected in documentation and procedures, work health and safety (WHS) procedures, environmental procedures, productivity and efficiency measures,standard operating procedures (SOP), and housekeeping requirements.

1.2. Calculate and compare costs with standards or budgets to identify variance from planned performance.

2. Prepare and analyse data

2.1. Consolidate data with standard reporting format to report performance and activity.

2.2. Analyse financial results to identify costs which require particular attention in improving financial performance.

2.3. Interpret time series data from tables and graphs to identify performance trends.

3. Calculate calibration adjustments

3.1. Interpret mathematical concepts associated with equipment calibration and use to determine adjustment to equipment settings.

3.2. Verify calibration calculation by checking the accuracy of the adjustment in the actual work performance.

3.3. Take appropriate action including process adjustments, reporting to authorized person or rectifying the problem within level of responsibility.

A person demonstrating competency in this unit must satisfy all of the elements, performance criteria and foundation skills of this unit, and must be able to provide evidence that they can:

calculate and analyse production and financial performance, at least twice in line with required enterprise intervals, in the pulp and paper industry by:

identifying standard operating procedures (SOP) in relation to financial performance

identifying productivity and efficiency measures in relation to production performance, including delay, waste, speed, tonnage, through put, asset utilization, machine efficiency

analysing and comparing planned and actual budget performance in relation to production

recording data in statistical process charts or production tally sheets

preparing and analysing consolidated data to report on performance and performance trends

calibrating equipment by measuring weight, volume, temperature or length

calculating and applying calibrated adjustments to equipment according to SOP

checking work performance in relations to adjustments made and recording outcomes, according to SOP.

A person competent in this unit must be able to demonstrate knowledge of:

procedures relevant to calculating and analysing production and financial performance including work health and safety (WHS) regulations, environmental procedures, SOP, isolation procedures, risks and hazard identification and housekeeping requirements

basic problem-solving techniques consistent with level of responsibility

purpose of yield, wastage, productivity

variation of planned with actual outcomes

purpose of comparing cost with budget

purpose of the data the company uses to record performance

key features of time series data presented in tables and graphs

trends illustrated in tables and graphs

purpose of calibrating of equipment.

Range Statement

Not Applicable