Release 

Comments 

Release 1

This version first released with BSB Business Services Training Package Version 3.0.

ELEMENT 

PERFORMANCE CRITERIA 

Elements describe the essential outcomes.

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

1. Set personal time priorities

1.1 Set personal business goals/objectives

1.2 Identify personal and business accountabilities, listing both recurring tasks, and upcoming one-off tasks

1.3 Select a preferred process/method for prioritising tasks that are aligned to business goals

1.4 Identify any tasks or functions that can be delegated or outsourced

1.5 Plot the remaining tasks on a scale of importance

2. Collect information on current time usage

2.1 Research methods for logging time spent by task, including new and emerging digital applications

2.2 Use time-logging method to track time spent on daily activities, over a period of seven days

2.3 Assemble data, grouping similar activities and calculating the amount of time spent on each type of activity

2.4 Analyse the amount of time spent of activities of low-importance, compared with activities of high-importance

2.5 Review data and identify opportunities to reallocate time to tasks of higher importance, to increase overall effectiveness

3. Implement time management strategies

3.1 Schedule tasks according to level of importance and aligned with personal productive times

3.2 Employ digital technology solutions where possible to streamline or automate processes

3.3 Select and use tools that help plan time management and schedule tasks, including new and digital technologies

3.4 Incorporate blocks of time for personal tasks and responsibilities to assist with work-life balance

3.5 Set boundaries and communicate personal time to others, working out compromise solutions where necessary

Skill 

Description 

Reading

• Assesses own records to identify and analyse time usage

Writing

• Builds records that accurately reflect time usage and personal priorities to allow for accurate assessment
• Creates schedules that reflect priorities and enable effective time management

Oral Communication

• Presents new approach in a positive manner, seeking understanding from others
• Participates in discussions using listening and questioning to elicit the support of others

Numeracy

• Uses basic numeracy skills to calculate time spent on a range of activities, then creates new schedules aligned to priorities
• Measures and monitors progress on an ongoing basis

Interact with others

• Selects and uses appropriate conventions and protocols when communicating with others

Get the work done

• Evaluates records to identify opportunities for improvement
• Uses systematic processes to define highest priorities, and activities that can be dropped or delegated
• Plans and organises activities and time to focus on priorities and maximise personal effectiveness
• Uses technology and tools to improve and automate time management

Code and title  

current version 

Code and title 

previous version 

Comments 

Equivalence status 

BSBWOR424 Develop a time management plan

BSBSMB414 Time management for small business

Updates to title, elements, performance criteria and assessment requirements

Equivalent unit

Release 

Comments 

Release 1

This version first released with BSB Business Services Training Package Version 3.0.