Elements and Performance Criteria

Physical resources:
Properties/facilities, fixtures and plant, vehicles, equipment, stock and supplies, gas systems and plant, works depots, pipelines, distribution systems, storage depots and installations.

Acquisition and allocation of resources based on:
Identified priorities, suitability, type of physical resource, urgency, cost of use, accessibility, endurance, maintenance demands, deployment time, customer needs, hazard and risk analysis.

Organisational policy and procedures may vary between sectors and organisations may include:
Legislation relevant to the management of physical resources, legislation relevant to the organisation, operational, corporate, strategic plans, organisational performance standards, organisational personnel practices and guidelines, organisational quality standards, government policies, Standard Operating Procedures, Australian/New Zealand Standards, ISO Standards.

Budget formats may include:
Zero based budgeting, program budgeting, line item budgeting, organisation specific budgets, output/outcome budgeting.

Budget may include:
Capital expenditure, recurrent expenditure, output investment proposals, cash flow.

Relevant authorities and other stakeholders may include:
Staff, managers, government (state, local, federal), unions, community, industry, owners of leased property

Expected lifetime of equipment may include:
Organisation's corporate and strategic plans, organisation's financial and other resource management guidelines, government policy, capacity of equipment to perform to operational requirements.

Reports may include:
Spread sheets, written reports, completion of proformas, completion of forms, verbal reports, government budget submission proformas.

Critical aspects of evidence
It is essential for this unit that competence be demonstrated in knowledge and application of asset management in a wide range of contexts in achieving the organisation's objectives.

Context of assessment
Evidence of competent performance should be attained by observing an individual in a physical resource management role within the workplace, exercise or operational environment. Knowledge may be assessed through written assignments, projects, reports, debriefings and action learning projects.

Pre-requisites
This unit requires, as an entry, attainment of either Certificate III in Gas Operations, Certificate IV in Gas Operations or Diploma of Gas Operations. Entry may also be accepted from those with relevant diplomas of engineering and/or science. As such they would be expected to have sufficient underpinning knowledge and skills in mathematics and science which should accelerate their progress through this unit which leads to the Advanced Diploma in Gas Systems. However, should this not be the case a suitable bridging program is to form part of the entry requirement.

Knowledge and Skills
A knowledge of:
Stock handling procedures, budget processes, resource management systems, organisational policy and procedures relating to physical resource acquisition and allocation.
The ability to:
Analyse costs and benefits of resource acquisition and utilisation, utilise resource inventory, develop maintenance schedules and budgets, evaluate resource performance, monitor the effectiveness of resources acquisition and allocation.