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Unit of competency details

AHCBUS503 - Negotiate and monitor contracts (Release 1)

Summary

Usage recommendation:
Superseded
Mapping:
MappingNotesDate
Supersedes and is equivalent to AHCBUS503A - Negotiate and monitor contractsThis unit is equivalent to AHCBUS503A Negotiate and monitor contracts. 26/Jun/2016
Is superseded by and equivalent to AHCBUS514 - Negotiate and monitor contractsPerformance criteria clarified. Foundation skills added. Assessment requirements updated. 20/Oct/2019

Release Status:
Current
Releases:
ReleaseRelease date
1 1 (this release) 27/Jun/2016


Training packages that include this unit

Qualifications that include this unit

CodeTitleSort Table listing Qualifications that include this unit by the Title columnRelease
AHC52116 - Diploma of PermacultureDiploma of Permaculture 1-2 
AHC52016 - Diploma of Landscape Project ManagementDiploma of Landscape Project Management 1-2 
AHC51816 - Diploma of Organic FarmingDiploma of Organic Farming 1-3 
AHC51616 - Diploma of Irrigation ManagementDiploma of Irrigation Management 
AHC51516 - Diploma of ViticultureDiploma of Viticulture 1-2 
AHC51416 - Diploma of Agribusiness ManagementDiploma of Agribusiness Management 
AHC51316 - Diploma of Pest ManagementDiploma of Pest Management 1-4 
AHC51216 - Diploma of Community Coordination and FacilitationDiploma of Community Coordination and Facilitation 1-2 
AHC51116 - Diploma of Conservation and Land ManagementDiploma of Conservation and Land Management 1-3 
AHC50716 - Diploma of Parks and Gardens ManagementDiploma of Parks and Gardens Management 
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Classifications

SchemeCodeClassification value
ASCED Module/Unit of Competency Field of Education Identifier 080321 Farm Management And Agribusiness  

Classification history

SchemeCodeClassification valueStart dateEnd date
ASCED Module/Unit of Competency Field of Education Identifier 080321 Farm Management And Agribusiness  14/Oct/2016 
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Unit Of competency

Modification History

Release

TP Version

Comment

1

AHCv1.0

Initial release

Application

This unit of competency describes the skills and knowledge required to negotiate and monitor contracts.

All work must be carried out to comply with organisational requirements, work health and safety legislation and codes and in consultation with the management team.

This unit applies to individuals who take personal responsibility and exercise autonomy in undertaking complex work. They must analyse information and exercise judgement to complete a range of advanced skilled activities.

No occupational licensing, legislative or certification requirements are known to apply to this unit at the time of publication.

Pre-requisite Unit

Nil.

Unit Sector

Business (BUS)

Elements and Performance Criteria

Element

Performance criteria

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Define agreements with external parties to the business for service provision

1.1 Identify and define the enterprise requirements of a business relationship with external sources

1.2 Establish the ranges of acceptable outcomes from a negotiation

1.3 Make contact with individuals, bodies or corporations and discuss requirements of an agreement

1.4 Clarify communication channels between all parties

1.5 Exchange references where applicable

1.6 Maintain sound practice and procedure for business meetings and document discussions and agreements

2. Complete the formal agreement

2.1 Ensure negotiations conform to established enterprise requirements and relevant legislation

2.2 Document requirements of the contract

2.3 Clarify and resolve areas of ambiguity or concern

2.4 Ensure conditions for service or supply are agreed between the parties including the key performance indicators

2.5 Undertake alternative processes where agreement is unable to be reached

2.6 Confirm the agreement based on mutually acceptable terms

2.7 Ensure penalties or redress for non-performance

2.8 Sign and exchange contract documentation between the relevant parties

3. Monitor the performance of contracts

3.1 Identify the rights and obligations of parties to a contract and implement appropriate methods of addressing non-performance

3.2 Identify and consult professional and regulatory bodies available to support commercial grievance processes

3.3 Monitor completion of contract against key performance indicators

3.4 Advise parties of issues in respect to non-compliance in writing

Foundation Skills

Foundation Skills essential to performance are explicit in the performance criteria of this unit of competency.

Range of Conditions

Unit Mapping Information

This unit is equivalent to AHCBUS503A Negotiate and monitor contracts.

Links

Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=c6399549-9c62-4a5e-bf1a-524b2322cf72

 

Assessment requirements

Modification History

Release

TP Version

Comment

1

AHCv1.0

Initial release

Performance Evidence

The candidate must be assessed on their ability to integrate and apply the performance requirements of this unit in a workplace setting. Performance must be demonstrated consistently over time and in a suitable range of contexts.

The candidate must provide evidence that they can:

  • establish agreements with sources external to the enterprise
  • complete contract documentation
  • monitor the performance of contracts
  • negotiate to obtain a fair outcome.

Knowledge Evidence

The candidate must demonstrate knowledge of:

  • contract and commercial law applicable to the type of agreement
  • processes of formulation and negotiation of contracts
  • enterprise business policies and plans including procedures for maintenance of confidentiality.

Assessment Conditions

Competency is to be assessed in the workplace or simulated environment that accurately reflects performance in a real workplace setting.

Assessors must satisfy current standards for RTOs.

Links

Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=c6399549-9c62-4a5e-bf1a-524b2322cf72