Manage physical assets

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver SITXFIN601, 'Manage physical assets'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Manage physical assets' on This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to for every purchase, so go nuts :)

Elements and Performance Criteria

Elements describe the essential outcomes of a unit of competency.

Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the required skills and knowledge section and the range statement. Assessment of performance is to be consistent with the evidence guide.

1. Develop practices for systematic maintenance, repair and purchase of physical assets.

1.1 Develop and maintain an accurate and current physical assets register.

1.2 Develop practices for managing physical assets that reflect overall business objectives.

1.3 Establish and implement maintenance and repair regimes that minimise disruption and loss of revenue.

1.4 Integrate practices to support environmental sustainability into use of physical assets.

1.5 Evaluate current and potential financial ability to acquire physical assets.

2. Monitor the condition and performance of physical assets.

2.1 Establish and implement regular reporting practices to ensure the effective performance of physical assets.

2.2 Identify physical asset problems promptly and take appropriate action.

2.3 Assess long term physical asset performance.

2.4 Evaluate need for and access specialist assistance.

3. Coordinate financing and purchase of physical assets.

3.1 Prepare accurate equipment specifications to guide the acquisition process.

3.2 Estimate acquisition costs based on evaluation of current, accurate and relevant data.

3.3 Make decisions on the replacement and acquisition of physical assets.

3.4 Select methods of financing to meet current financial objectives.

3.5 Finance acquisitions in consultation with financial specialists.

3.6 Keep accurate records of all financial agreements.