Unit of competency
Modification History
Release 1. New unit.
Application
This unit describes the skills and knowledge required to develop a business case from an existing energy management action plan. It includes a process of defining the scope, articulating expected benefits, and determining risk and resource requirements as the basis for developing the final business case. It includes financial modelling to support well-informed decision-making.
This unit applies to operational and technical specialists, managers or similar who combine knowledge of energy management with critical thinking, communication, and financial modelling skills to develop the business case. Energy management responsibilities may be part of a broader work role or a primary job role. In some cases, the individual may work as an external advisor.
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
Elements and Performance Criteria
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Elements |
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 scope |
1.1 Review proposed energy management action plans and determine scope of business case requirements 1.2 Identify key stakeholders and their perspectives in influencing or improving energy management |
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2. Articulate expected benefits |
2.1 Identify expected benefits of the proposed initiative across the life cycle 2.2 Specify types of benefits and improvements and their impact on different aspects of the business |
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3. Determine and document resource and risk implications |
3.1 Identify and categorise costs of the proposed initiative 3.2 Make substantiated estimates of all required fixed and variable costs 3.3 Include consideration of whole-of-life costing 3.4 Use financial modelling techniques to develop accurate and complete information that supports informed decision making 3.5 Identify and articulate the key business capabilities required to progress the initiative 3.6 Identify and compare the financial and broader business risks of proceeding versus not proceeding |
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4. Draft business case |
4.1 Prepare business case that clearly articulates scope, benefits, resource and risk implications and aligns with the components of an energy management action plan and requirements of ISO 50001 Energy Management Systems 4.2 Develop recommendations based on benefits, resource and risk implications 4.2 Seek input from stakeholders and refine proposal based on feedback |
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5. Present and finalise business case |
5.1 Select and use presentation methodology suited to the type of information being presented and audience needs 5.2 Tailor the scope and depth of technical and business energy information to audience needs 5.3 Identify and follow processes for organisational approval of business case |
Foundation Skills
This section describes those language, literacy, numeracy and employment skills that are essential to performance.
- Reading skills to interpret energy management action plans
- Writing skills to develop clear and substantiated arguments as part of the business case
- Oral communication skills to present and explain potentially complex and technical energy information to others
- Numeracy skills to analyse, manipulate and present mathematical information
- Technology skills to create and format financial and other business case information; use presentation software
Other foundation skills essential to performance are explicit in the performance criteria of this unit of competency.
Unit Mapping Information
No equivalent unit.
Links
MSS Sustainability Companion Volume Implementation Guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=5b04f318-804f-4dc0-9463-c3fb9a3fe998
