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Unit of competency details

MSS403086 - Improve cost factors in work practices (Release 1)

Summary

Usage recommendation:
Superseded
Mapping:
MappingNotesDate
Supersedes and is equivalent to MSS403030 - Improve cost factors in work practicesUpdated unit code. Changes to performance criteria. Range of conditions removed. Assessment requirements amended. 21/Oct/2018
Is superseded by and equivalent to MSS403082 - Improve cost factors in work practices 15/Dec/2022

Releases:
ReleaseRelease date
1 1 (this release) 22/Oct/2018

Companion volumes:
Unit Of competency Assessment requirements

Delivery:
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Training packages that include this unit

CodeSort Table listing Training packages that include this unit by the Code columnTitleSort Table listing Training packages that include this unit by the Title columnRelease
PMA - Chemical, Hydrocarbons and RefiningChemical, Hydrocarbons and Refining 2.0-2.3 
SFI - Seafood IndustrySeafood Industry 1.0-2.1 
MSM - Manufacturing Training PackageManufacturing Training Package 4.0-8.0 
MSF - Furnishing Training PackageFurnishing Training Package 4.0-5.0 
MSS - SustainabilitySustainability 2.0-4.2 
DEF - Defence Training PackageDefence Training Package 3.0-5.1 
AUR - Automotive Retail, Service and Repair Training PackageAutomotive Retail, Service and Repair Training Package 6.0-7.1 

Qualifications that include this unit

CodeSort Table listing Qualifications that include this unit by the Code columnTitleSort Table listing Qualifications that include this unit by the Title columnUsage RecommendationRelease
MSS40118 - Certificate IV in Sustainable OperationsCertificate IV in Sustainable OperationsSuperseded1-4 
MSF40213 - Certificate IV in Furniture Design and TechnologyCertificate IV in Furniture Design and TechnologySuperseded4 
PMA50116 - Diploma of Process Plant TechnologyDiploma of Process Plant TechnologyCurrent2-3 
MSS30316 - Certificate III in Competitive Systems and PracticesCertificate III in Competitive Systems and PracticesSuperseded2-3 
PMA60116 - Advanced Diploma of Process Plant TechnologyAdvanced Diploma of Process Plant TechnologyCurrent2-3 
MSS60316 - Advanced Diploma of Competitive Systems and PracticesAdvanced Diploma of Competitive Systems and PracticesDeleted2-4 
MSM40116 - Certificate IV in Process ManufacturingCertificate IV in Process ManufacturingCurrent4-7 
AUR40720 - Certificate IV in Automotive Body Repair TechnologyCertificate IV in Automotive Body Repair TechnologyCurrent1-3 
PMA40116 - Certificate IV in Process Plant TechnologyCertificate IV in Process Plant TechnologyCurrent2-5 
MSS40316 - Certificate IV in Competitive Systems and PracticesCertificate IV in Competitive Systems and PracticesSuperseded2-4 
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Accredited courses that have this unit in the completion mapping

Classifications

SchemeCodeClassification value
ASCED Module/Unit of Competency Field of Education Identifier 080301 Business Management  

Classification history

SchemeCodeClassification valueStart dateEnd date
ASCED Module/Unit of Competency Field of Education Identifier 080301 Business Management  22/Oct/2018 
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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 required by an individual to evaluate the product or process outcomes of a team or work group in terms of their cost components and to be able to determine, in general terms, the cost impacts of alternative actions. This includes the efficient organisation of own work, and that of others in a work area or within a team, and the improvement of throughput and cycle times.

This applies to team members who will be required to problem solve, show initiative, plan, organise and manage own output and development. Decisions are made within the scope of the authority of the individual and other employees in the area or team and according to procedures.

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

Competitive systems and practices

Unit Sector

Not applicable

Elements and Performance Criteria

Elements describe the essential outcomes.

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

1

Analyse cost components of work area or team function 

1.1

Identify cost components in the product or process

1.2

Identify costs factors under control of area or employees in the team

1.3

Identify causes of variability in costs

1.4

Analyse impact of costs on production or process activities undertaken

2

Improve cost-efficiency of processes and procedures 

2.1

Identify methods of improving productivity and reducing costs within area or team’s responsibility

2.2

Calculate cost benefit ratio of alternative methods of improving productivity and reducing costs

2.3

Consult with all stakeholders regarding possible changes

2.4

Recommend changes which will increase productivity and reduce cost and variability

2.5

Implement recommended changes in consultation with stakeholders

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 MSS403030 Improve cost factors in work practices.

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

 

Assessment requirements

Modification History

Release 1. Updated unit code. Changes to performance criteria. Range of conditions removed. Assessment requirements amended. Equivalent outcome.

Performance Evidence

There must be evidence the candidate has completed the tasks outlined in the elements and performance criteria of this unit, and:

  • identified and analysed cost factors in work practices and made recommendations to improve costs on at least 1 occasion.

Knowledge Evidence

There must be evidence the candidate has knowledge of:

  • cost components of products made
  • costs concepts, including expense/capital, income and cost benefit ratios
  • major cost contributors to product (including energy, materials and inputs, labour and distribution)
  • difference between internally and externally controlled costs
  • difference between overhead, capital, expense, labour and other consumables.
  • causes of cost variances.

Assessment Conditions

Skills must have been demonstrated in the workplace or in a simulated environment that reflects workplace conditions, contingencies, facilities, equipment and resources.

Assessors must satisfy the NVR/AQTF mandatory competency requirements for assessors.

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

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