Unit of competency Outline

Date retreived
23/07/2026 5:59 PM AWST

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Develop and monitor maintenance strategies that contribute to asset life cycle

Develop and monitor maintenance strategies that contribute to asset life cycle

Unit of competency
National Code
CPPSCM4040
State Code
ODO60
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
17/10/2021
View on TGA
State Implementation and Classification
Approved Date
28/01/2022
Field of Education
080503 - Real Estate
Original Release Date
28/01/2022
Nominal Hours
20
Description
This unit of competency specifies the skills and knowledge required to develop and monitor long-term maintenance strategies that contribute to the life cycle management of strata community assets. This work is limited to the routine administrative responsibilities of strata community managers. It includes identifying asset characteristics and performance requirements, developing asset maintenance strategies for different types of assets and monitoring the effectiveness of the strategies.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 Determine asset requirements.
  • 1.1 Source and analyse relevant documentation to determine the types of strata community assets and system requirements.
  • 1.2 Evaluate asset use, impact of failure, functionality, condition and financial performance.
  • 1.3 Identify regulatory requirements for identifying, reporting and funding assets.
  • 1.4 Consult with relevant persons to obtain additional information required to clarify asset performance and life cycle needs.
2 Develop long-term asset maintenance strategy.
  • 2.1 Prepare long-term maintenance strategy that incorporates asset life cycle strategies, breakdown impacts and replacement strategies according to regulatory and workplace requirements.
  • 2.2 Identify and document appropriate maintenance methods and schedules to meet asset performance and life cycle requirements.
  • 2.3 Consult with relevant persons to prioritise strategies and conduct calculations to anticipate long-term maintenance requirements and identify risks and opportunities to improve quality or cost efficiency of asset.
  • 2.4 Identify situations requiring specialist advice and seek assistance as required to develop asset maintenance strategy.
  • 2.5 Present cost-effective long-term maintenance solutions that contribute to the asset life cycle according to workplace requirements.
3 Monitor long-term asset maintenance strategy.
  • 3.1 Consult with relevant persons to monitor and evaluate the effectiveness of the long-term asset maintenance strategy.
  • 3.2 Use feedback to identify and develop future strategies to improve asset life cycle maintenance.
  • 3.3 Review the life cycle plan and financial statements to finalise annual report, including works completed and anticipated.
  • 3.4 Present report to strata community committee and respond to questions to clarify long-term maintenance strategies and their contribution to the asset life cycle.
  • 3.5 Securely store long-term maintenance strategy and associated asset information according to regulatory and workplace requirements.
No information
No information
Replaces
State Code National Code Title Type
AXI83 CPPDSM4040 Contribute to asset life cycle maintenance strategy Unit of competency