Cambodian Skills Delivery Model

SEAL National Course Catalogue · MLVT / National Training Board

Sector Frameworks

1,164

Qualifications

15,161

Competency Units

10,938

Elements

41,782

Learning Outcomes

2,822

Assessment Packages

Cost a project

KHU-AGR-0131

Australian Equivalent

AHCBUS407

Elements

Learning Outcomes

This unit of competency describes the skills and knowledge required to cost a project, including establishing and documenting costs for materials, resources, services, consultants and contractors. This unit applies to supervisors and managers who establish and oversee projects to the best financial advantage of the enterprise. In this role, individuals take responsibility for their own work and provide and communicate solutions to a range of predictable and sometimes unpredictable problems. All work must be carried out to comply with organisational requirements, work health and safety legislation and codes, sustainability practices and in consultation with the management team. No licensing, legislative or certification requirements apply to this unit at the time of publication.

Elements & Learning Outcomes

E1Determine resources required for the project

0131.E1.O1Identify and interpret project objectives, required work activities and available finance in line with enterprise guidelines and legislative requirements

0131.E1.O2Identify resources required for project works

0131.E1.O3Identify factors affecting resource costs using available information

0131.E1.O4Select and use appropriate tools, equipment and technology for the calculation and documentation of project costs

E2Calculate individual itemised costs of the project

0131.E2.O1Calculate unit and total cost for each resource item

0131.E2.O2Evaluate total itemised resource costs against the financial schedule for the project and assess value for money

0131.E2.O3Make adjustments where required to reconcile resource costs with project schedules

0131.E2.O4Identify and determine costs for peripheral works arising from the project

E3Prepare a summary of the cost of the project

0131.E3.O1Collate and schedule resource costs

0131.E3.O2Calculate and record total project costs

0131.E3.O3Document summary of costs and submit financial summary for approval