AHCMOM601 Analyse machinery options

Release: 1

AHCMOM601 Analyse machinery options

Modification History

Release	TP Version	Comment
1	AHCv1.0	Initial release

Application

This unit of competency describes the skills and knowledge required to analyse machinery options within an agricultural, horticultural or land management enterprise.

All work must be carried out to comply with workplace procedures, work health and safety requirements and manufacturer’s specifications.

This unit applies to individuals who take personal responsibility and exercise autonomy in undertaking complex work. They analyse information and exercise judgement to complete a range of advanced skilled activities. They work in contexts that are subject to change and adapt a range of fundamental principles accordingly.

No occupational licensing, legislative or certification requirements are known to apply to this unit at the time of publication.

Pre-requisite Unit

Nil.

Unit Sector

Machinery operation and maintenance (MOM)

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. Calculate costs associated with machinery use	1.1 Calculate overhead, operating and intangible costs related to machinery 1.2 Source and compare relevant benchmark data that relates machinery costs to enterprise productivity to own enterprise data 1.3 Make comparison of productivity and suitability of different types and brands of machinery
2. Review machinery requirements	2.1 Review machinery inventory in the context of the goals of the business and current and future productivity and profitability levels 2.2 Identify, cost and evaluate alternatives to ownership 2.3 Identify tax impact of the capital investment through appropriate professional support and incorporated into the analysis 2.4 Assess and control risks associated with high capital investment in machinery in making machinery decisions
3. Analyse returns from major capital investments in machinery	3.1 Use capital budgeting techniques including energy efficiency to calculate the rate of return on major investment decisions 3.2 Review machinery options plan and analysis and record changes

Foundation Skills

Foundation Skills essential to performance are explicit in the performance criteria of this unit of competency.

Range of Conditions

Unit Mapping Information

This unit is equivalent to AHCMOM601A Analyse machinery options.

Links

Companion Volume implementation guides are found in VETNet - https://vetnet.education.gov.au/Pages/TrainingDocs.aspx?q=c6399549-9c62-4a5e-bf1a-524b2322cf72