19795 version 2
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Analyse a budget in a wood manufacturing workplace
Level
3
Credits
5
Purpose
People credited with this unit standard are able to: explain the relationship
between a specific workplace budget and the overall budget for a wood
manufacturing company; examine factors that impact on the profitability of a
wood manufacturing workplace or project; and design measures to help
control costs in a wood manufacturing workplace.
Subfield
Wood Manufacturing - Generic Skills
Domain
Wood Manufacturing Foundation Skills
Status
Registered
Status date
18 December 2006
Date version published
18 December 2006
Planned review date
31 December 2011
Entry information
Recommended: Unit 19794, Demonstrate knowledge of
business basics in a wood manufacturing industry; or
demonstrate equivalent knowledge and skills.
Accreditation
Evaluation of documentation and visit by NZQA and
industry.
Standard setting body (SSB)
Competenz
Accreditation and Moderation Action Plan (AMAP) reference
0173
This AMAP can be accessed at http://www.nzqa.govt.nz/framework/search/index.do.
Special notes
1
The reference text for this unit standard is Business Basics Concepts in the Wood
Processing Industries published by and available from Competenz, PO Box 9005,
Newmarket, Auckland 1149.
2
All performance criteria must be demonstrated and assessed in accordance with the
reference text.
3
Competence is to be demonstrated with reference to at least one of the wood
manufacturing industries.
 New Zealand Qualifications Authority 2016
19795 version 2
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4
Definitions
Wood manufacturing industries include solid wood, wood panels and pulp and paper
organisations or business.
Wood manufacturing workplace is a separate division and/or team operating within a
company in the wood manufacturing industries.
Elements and performance criteria
Element 1
Explain the relationship between a specific workplace budget and the overall budget for a
wood manufacturing company.
Performance criteria
1.1
The explanation identifies the workplace budget in terms of percentage of total
costs and percentage of total revenue of the wood manufacturing company
annual budget.
1.2
The explanation identifies the impact of variations in the wood manufacturing
workplace costs and revenues on the overall company budget, and includes
reference to under and over performance.
Element 2
Examine factors that impact on the profitability of a wood manufacturing workplace or
project.
Performance criteria
2.1
Predicted input costs are identified from the annual wood manufacturing
workplace budget.
Range
costs – fixed, variable, overhead.
2.2
Values of output products and services provided are identified from the annual
workplace or project budget.
2.3
Predicted costs and values of products and services are used to calculate profit
or loss contribution to the overall wood manufacturing company budget.
2.4
Examples of factors that may influence the variation of predicted input costs
against actual input costs are identified, and their influence is explained in
accordance with the reference text.
Range
evidence is required for at least five factors.
 New Zealand Qualifications Authority 2016
19795 version 2
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Element 3
Design measures to help control costs in a wood manufacturing workplace.
Performance criteria
3.1
Key performance indicators are identified that allow for the measurement and
control of costs in a wood manufacturing workplace.
3.2
Key performance indicators are matched against wood manufacturing company
annual budget outcomes.
3.3
Potential corrective actions to ensure costs are controlled in the wood
manufacturing workplace are identified, and reasons for their selection are
justified in accordance with the reference text.
Please note
Providers must be accredited by the Qualifications Authority, or an inter-institutional body
with delegated authority for quality assurance, before they can report credits from
assessment against unit standards or deliver courses of study leading to that assessment.
Industry Training Organisations must be accredited by the Qualifications Authority before
they can register credits from assessment against unit standards.
Accredited providers and Industry Training Organisations assessing against unit standards
must engage with the moderation system that applies to those standards.
Accreditation requirements and an outline of the moderation system that applies to this
standard are outlined in the Accreditation and Moderation Action Plan (AMAP). The
AMAP also includes useful information about special requirements for organisations
wishing to develop education and training programmes, such as minimum qualifications for
tutors and assessors, and special resource requirements.
Comments on this unit standard
Please contact the Competez at info@competenz.org.nz if you wish to suggest changes to
the content of this unit standard.
 New Zealand Qualifications Authority 2016