Unit of competency Outline
Date retreived
23/07/2026 12:15 AM AWST
23/07/2026 12:15 AM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Develop social housing enterprise opportunities
Develop social housing enterprise opportunities
Unit of competency
National Code
CHCSOH022
CHCSOH022
State Code
ODJ40
ODJ40
TGA Status
Current
Current
DTWD Status
Approved
Approved
State Implementation and Classification
Approved Date
10/09/2021
Field of Education
080399 - Business And Management, N.e.c.
Original Release Date
10/09/2021
Nominal Hours
50
Description
This unit describes the performance outcomes, skills and knowledge required to investigate, evaluate and implement new business opportunities for social housing providers.This unit applies to individuals who work in a social housing context. They are typically senior workers working autonomously within broad guidelines.The skills in this unit must be applied in accordance with Commonwealth and State/Territory legislation, Australian standards and industry codes of practice.No occupational licensing, certification or specific legislative requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Identify resources for new business.
- 1.1. Investigate and identify new business opportunities.
- 1.2. Undertake feasibility study to determine viability of new business.
- 1.3. Assess practicability of business opportunity in line with risks, returns sought and resources available.
2. Undertake risk management analysis for new business opportunities.
- 2.1. Identify risks associated with new business.
- 2.2. Analyse and evaluate risks and their potential impacts on the business.
- 2.3. Identify ways to control or eliminate risks and maximise outcomes.
- 2.4. Involve stakeholders in risk management.
3. Develop strategies for business operations.
- 3.1. Identify, assess and calculate financial costs and resource requirements and prepare budget.
- 3.2. Determine business timeframe.
- 3.3. Develop structures to oversee new business.
- 3.4. Establish, monitor and review organisational policies and procedures to manage the use of staff, equipment and other physical assets on a regular basis.
4. Implement new business strategies.
- 4.1. Communicate new business strategies to stakeholders.
- 4.2. Communicate roles and responsibilities of parties.
- 4.3. Implement new business structures and strategies in line with statutory guidelines, and legal and taxation requirements.
- 4.4. Maintain records to ensure organisational and statutory requirements are met.
- 4.5. Develop and sign contracts to formalise business arrangements and relationships.
- 4.6. Establish regular feedback mechanisms.
5. Evaluate new business opportunities.
- 5.1. Gather and use evaluation information for business revision, ongoing development and implementation.
- 5.2. Ensure that evaluation strategy and related techniques devised to collect and analyse data meet the needs of decision-makers, funding organisations, business partners and other stakeholders.
No information
No information
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| AVB26 | CHCSOH011 | Develop social housing enterprise opportunities | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| BIJ1 | CHC52021 | Diploma of Community Services | Qualification |
| BPA1 | CHC52025 | Diploma of Community Services | Qualification |