Unit of competency
Modification History
Release 1. Updated unit code. Changes to performance criteria. Range of conditions removed. Assessment requirements amended. Equivalent outcome.
Application
This unit describes the skills and knowledge to develop an appropriate business case for proposed changes which will deliver improvements to the sustainability of a process or organisation. It includes cost benefit and return on investment (ROI) analyses. The business case may be required for sustainability related improvements in response to regulatory, Board, employee, shareholder or community requests or pressure.
This unit applies inside organisations and their value chains.
This unit applies to a manager or technical specialist who has a major responsibility for sustainability as part of a broader work role or sustainability may be their primary work responsibility. The manager or technical specialist may undertake this alone or as part of a team.
No licensing or certification requirements exist at the time of publication. Relevant legislation, industry standards and codes of practice within Australia must be applied.
Pre-requisite Unit
Nil
Competency Field
Sustainable operations
Unit Sector
Not applicable
Elements and Performance Criteria
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Elements describe the essential outcomes. |
Performance criteria describe the performance needed to demonstrate achievement of the element. |
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1 |
Define the intended sustainability improvement project |
1.1 |
Define the purpose of the project |
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1.2 |
Determine the project goals |
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1.3 |
Read and interpret regulatory requirements |
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1.4 |
Determine stakeholders for project |
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1.5 |
Clarify the critical success factors for the project |
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1.6 |
Quantify the current state |
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2 |
Quantify expected benefits from the project |
2.1 |
Calculate cost of any capital improvements from the project |
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2.2 |
Determine production improvements |
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2.3 |
Determine maintenance improvements |
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2.4 |
Determine product life cycle improvements |
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2.5 |
Determine regulatory health, safety and environment (HSE) improvements |
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2.6 |
Estimate total benefit of proposed project |
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3 |
Determine costs required to implement project |
3.1 |
Estimate fixed capital costs required |
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3.2 |
Estimate personnel costs required |
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3.3 |
Estimate financial costs required |
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3.4 |
Estimate time required for project and time-related costs |
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3.5 |
Estimate total costs of project |
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4 |
Prepare a proposal justifying project |
4.1 |
Estimate return on investment (ROI), sustainability and other project benefits |
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4.2 |
Estimate costs of not proceeding with the project |
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4.3 |
Compare benefits to costs using financial modelling methods |
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4.4 |
Write proposal for project |
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Foundation Skills
This section describes those language, literacy, numeracy and employment skills that are essential to performance.
Foundation skills essential to performance are explicit in the performance criteria of this unit of competency.
Unit Mapping Information
Release 1. Supersedes and is equivalent to MSS015007 Develop a business case for sustainability improvements.
Links
The MSS Sustainability Companion Volume implementation Guides are available from VETNet: - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=5b04f318-804f-4dc0-9463-c3fb9a3fe998
