Apply project cost-management techniques

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 BSBPMG412A, 'Apply project cost-management techniques'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Apply project cost-management techniques' 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

1. Assist in developing the project budget

1.1 Implement cost-estimating methods against duration/effort and resource requirements

1.2 Determine estimated costs for tasks and activities and confirm degree of accuracy with relevant stakeholders

1.3 Communicate cost estimates where required to others to contribute to project budget and cash flow management

1.4 Contribute to developing cost-management strategies and processes, and providing financial authorisation within delegated authority

2. Monitor project costs

2.1 Monitor income and expenditure against the project budget baseline at predetermined intervals

2.2 Identify and report variations in the budget using established project cost methods, techniques and tools

2.3 Implement action and report progress to ensure cost objectives remain achievable throughout the project life cycle

3. Contribute to cost-finalisation process

3.1 Assist in the finalisation and transfer of financial assets, liabilities and records to relevant parties

3.2 Assist in the review of project outcomes through the use of project cost records to determine the effectiveness of cost-management processes

3.3 Document cost-management lessons learned for application to future projects

Qualifications and Skillsets

BSBPMG412A appears in the following qualifications:

  • BSB41513 - Certificate IV in Project Management Practice
  • AUM40113 - Certificate IV in Automotive Manufacturing