Unit of competency Outline
Date retreived
22/07/2026 11:27 PM AWST
22/07/2026 11:27 PM 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.
Resource a distribution plan
Resource a distribution plan
Unit of competency
National Code
FNSILD502A
FNSILD502A
State Code
D4209
D4209
TGA Status
Replaced
Replaced
DTWD Status
Replaced
Replaced
State Implementation and Classification
Approved Date
29/07/2014
Field of Education
081103 - Insurance And Actuarial Studies
Original Release Date
29/07/2014
Nominal Hours
60
Description
This unit describes the performance outcomes, skills and knowledge required to identify and allocate adequate resources for distribution plans. It encompasses satisfying human resource requirements, providing technology requirements and providing infrastructure requirements.This unit is applicable to individuals working within enterprises and job roles subject to licensing, legislative, regulatory or certification requirements including legislation administered by the Australian Securities and Investments Commission (ASIC).
Notes
Elements and Performance Criteria
1. Satisfy human resources requirements
- 1.1. Human resource needs and requirements are determined according to plan requirements
- 1.2. Role specifications are developed according to enterprise format and procedures
- 1.3. Internal and external options are considered with staff selected according to enterprise policy, role descriptions, procedures and legislative requirements
- 1.4. Staff are appointed following enterprise procedures
- 1.5. Performance management systems are put in place
2. Provide technology requirements
- 2.1. Technology specifications are determined within enterprise policy and budgets
- 2.2. Technology is installed/contracted within budget and timelines and all legal requirements are met
- 2.3. Technology performance is reviewed regularly against specifications and contingency plans are put in place
3. Provide infrastructure needs
- 3.1. Needs are specified and sourced within budget and timeframes, and according to enterprise's purchasing policies
- 3.2. Needs are revised to continuously support the distribution plan
RANGE STATEMENT
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.
Human resources may be sourced from:
existing staff
external contractors
new staff.
Human resources requirements to be met may include:
enterprise policy
industrial relations
legal
legislative
procedures
regulatory requirements
staff administration
statutory requirements.
Staff selected by processes that may include:
affirmative action
award provisions
employment contract
enterprise bargaining
equal opportunity
induction programs
social justice.
Performance management systems may include:
appraisals
staff levels.
Technology may include various forms of communication hardware and software and may include:
analysis of new technology
data security.
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.
Human resources may be sourced from:
existing staff
external contractors
new staff.
Human resources requirements to be met may include:
enterprise policy
industrial relations
legal
legislative
procedures
regulatory requirements
staff administration
statutory requirements.
Staff selected by processes that may include:
affirmative action
award provisions
employment contract
enterprise bargaining
equal opportunity
induction programs
social justice.
Performance management systems may include:
appraisals
staff levels.
Technology may include various forms of communication hardware and software and may include:
analysis of new technology
data security.
EVIDENCE GUIDE
The Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.
Overview of assessment
Critical aspects for assessment and evidence required to demonstrate competency in this unit
Evidence of the ability to:
apply knowledge of human resource requirements
satisfy human resource requirements
determine suitable technology and infrastructure requirements for the organisation.
Context of and specific resources for assessment
Assessment must ensure:
competency is demonstrated in the context of the work environment and conditions specified in the range statement either in a relevant workplace or a closely simulated work environment
access to and the use of a range of common office equipment, technology, software and consumables
access to organisation records
access to organisational policies and procedures.
Method of assessment
A range of assessment methods should be used to assess practical skills and knowledge. The following examples, in combination, are appropriate for this unit:
evaluating an integrated activity, which combines the elements of competency for the unit, or a cluster of related units of competency
observing processes and procedures in workplaces
verbal or written questioning on underpinning knowledge and skills
evaluating samples of work
accessing and validating third party reports
setting and reviewing workplace projects and business simulations or scenarios.
Guidance information for assessment
The Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.
Overview of assessment
Critical aspects for assessment and evidence required to demonstrate competency in this unit
Evidence of the ability to:
apply knowledge of human resource requirements
satisfy human resource requirements
determine suitable technology and infrastructure requirements for the organisation.
Context of and specific resources for assessment
Assessment must ensure:
competency is demonstrated in the context of the work environment and conditions specified in the range statement either in a relevant workplace or a closely simulated work environment
access to and the use of a range of common office equipment, technology, software and consumables
access to organisation records
access to organisational policies and procedures.
Method of assessment
A range of assessment methods should be used to assess practical skills and knowledge. The following examples, in combination, are appropriate for this unit:
evaluating an integrated activity, which combines the elements of competency for the unit, or a cluster of related units of competency
observing processes and procedures in workplaces
verbal or written questioning on underpinning knowledge and skills
evaluating samples of work
accessing and validating third party reports
setting and reviewing workplace projects and business simulations or scenarios.
Guidance information for assessment
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| AUR67 | FNSILD502 | Resource a distribution plan | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| D776 | FNS51312 | Diploma of Life Insurance | Qualification |