Unit of competency Outline

Date retreived
23/07/2026 3:18 PM AWST

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Improve cost factors in work practices

Improve cost factors in work practices

Unit of competency
National Code
MSS403086
State Code
OAF31
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
22/10/2018
View on TGA
State Implementation and Classification
Approved Date
19/02/2019
Field of Education
080301 - Business Management
Original Release Date
19/02/2019
Nominal Hours
50
Description
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.
Notes
Elements and Performance Criteria
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
No information
No information
Replaces
State Code National Code Title Type
BAK27 MSS403030 Improve cost factors in work practices Unit of competency
Replaced By
State Code National Code Title Type
OEQ78 MSS403082 Improve cost factors in work practices Unit of competency