Unit of competency Outline
Date retreived
24/07/2026 2:02 AM AWST
24/07/2026 2:02 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.
Identify and analyse risks in strata community management
Identify and analyse risks in strata community management
Unit of competency
National Code
CPPSCM4028
CPPSCM4028
State Code
ODO63
ODO63
TGA Status
Current
Current
DTWD Status
Approved
Approved
State Implementation and Classification
Approved Date
28/01/2022
Field of Education
080503 - Real Estate
Original Release Date
28/01/2022
Nominal Hours
15
Description
This unit of competency specifies the skills and knowledge required to identify and analyse potential risks to ensure safe and effective strata community management and compliance with regulatory requirements. It includes establishing terms of reference, developing an effective action plan and structure for risk analysis and assessment, assessing the level of potential risk against agreed assessment criteria and documenting the findings.This unit is suitable for strata community managers who apply a broad range of skills and knowledge to complete routine and non-routine tasks and deal with predictable and sometimes unpredictable problems. Strata community managers may also be known as strata managers, owners’ corporation managers or body corporate managers depending on the jurisdiction of operation.Licensing, legislative, regulatory or certification requirements apply to strata community management in some states and territories. For further information, check with the relevant regulatory authority.
Notes
Elements and Performance Criteria
1 Identify strata community risks.
- 1.1 Source and collate information on actual and potential risks associated with management of the strata community and assess for currency, accuracy and relevance.
- 1.2 Assess identified risks to determine validity and reliability according to risk management objectives for strata community.
- 1.3 Develop a structured plan for identifying and assessing the likelihood of same strata community management risks according to workplace requirements.
- 1.4 Identify situations requiring specialist advice and seek assistance as required to effectively identify strata community management risks.
2 Analyse strata community risks.
- 2.1 Develop terms of reference for risk analysis.
- 2.2 Develop assessment criteria for measuring level of potential or existing risk together with an assessment of consequences according to terms of reference.
- 2.3 Identify gaps in assessment methodology and consult with relevant persons to implement actions required to ensure thorough risk assessment.
- 2.4 Analyse valid and relevant data against assessment criteria to determine level of potential strata community risk and consequence assessment.
3 Document findings of strata community risk analysis.
- 3.1 Document findings of strata community risk analysis according to workplace requirements.
- 3.2 Seek feedback from relevant persons to ensure findings are accurate and relevant and update document for future strata community decision making.
- 3.3 Securely store all risk information and documentation according to regulatory and workplace requirements.
No information
No information
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| AXH74 | CPPDSM4028 | Identify and analyse risks and opportunities in the property industry | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| BGW9 | CHC42221 | Certificate IV in Housing | Qualification |
| BHD6 | CPP40521 | Certificate IV in Strata Community Management | Qualification |