Unit of competency
Modification History
Release |
Comments |
Release 1 |
This version first released with BSB Business Services Training Package Version 2.0. |
Application
This unit describes the skills and knowledge required to research and develop an integrated time management plan to assist an individuals in achieving their business goals and objectives.
It applies to individuals who operate a small business that functions independently, or as part of a larger organisation. Individuals in this role set priorities and allocate responsibilities for business tasks and functions.
No licensing, legislative or certification requirements apply to this unit at the time of publication.
Unit Sector
Management and Leadership – Small and Micro Business
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. Collect information to improve time management |
1.1 Choose an appropriate method to record current time usage 1.2 Document all activities and commitments and the associated effort required over a time period that gathers enough information to provide a representative pattern of time usage 1.3 Calculate the amount of time spent on each type of activity, considering the impact of non-regular or one-off activities 1.4 Identify key distractions and time wasters 1.5 Review personal organisation and business systems for potential efficiencies |
2. Establish personal work goals and priorities |
2.1 Identify personal and business objectives and responsibilities, including ongoing or regular tasks 2.2 Determine any tasks or functions that can be delegated or outsourced 2.3 Select a preferred process or method for prioritising tasks aligned to business goals |
3. Implement time management strategies |
3.1 Schedule tasks according to priority and aligned with personal productive times 3.2 Access technology where relevant to streamline or automate processes 3.3 Select and use tools that help plan time management and schedule tasks 3.4 Incorporate blocks of time for personal tasks and responsibilities to assist with work-life balance 3.5 Set boundaries and communicate to others available times 3.6 Initiate actions to minimise distractions and reduce time wasters. 3.7 Measure personal performance and identify areas for improvement on a regular basis |
Foundation Skills
This section describes language, literacy, numeracy and employment skills incorporated in the performance criteria that are required for competent performance.
Skill |
Performance Criteria |
Description |
Reading |
1.3-1.5, 2.1, 2.2 |
|
Writing |
1.1, 1.2, 1.4, 3.1 |
|
Oral Communication |
3.5 |
|
Numeracy |
1.3, 3.1, 3.4, 3.5, 3.7 |
|
Interact with others |
3.5 |
|
Get the work done |
1.1-1.5, 2.1-2.3, 3.1-3.7 |
|
Unit Mapping Information
Code and title current version |
Code and title previous version |
Comments |
Equivalence status |
BSBSMB414 Time management for small business |
Not applicable |
New unit |
No equivalent unit |
Links
Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=11ef6853-ceed-4ba7-9d87-4da407e23c10