Course Title: Identify and calculate production costs

Part A: Course Overview

Program: C4250

Course Title: Identify and calculate production costs

Portfolio: DSC

Nominal Hours: 36.0

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Course Code	Campus	Career	School	Learning Mode	Teaching Period(s)
BUIL5932C	City Campus	TAFE	320T Design (TAFE)	Face-to-Face

Course Contact: Julian Pratt

Course Contact Phone: +61 3 9925 4820

Course Contact Email: furniture@rmit.edu.au

Course Description

This unit covers the competency to estimate materials, labour and time requirements and establish costs for the provision of products, including all overheads.

Pre-requisite Courses and Assumed Knowledge and Capabilities

None

National Competency Codes and Titles

National Element Code & Title:	LMFFT4010B Identify and calculate production costs
Elements:	1.  Gather information
	2.  Estimate materials and labour
	3.  Determine/calculate overheads
	4.  Calculate costs
	5.  Document details and verify where necessary

Learning Outcomes

Estimate materials, labour and time requirements and establish costs for the provision of products, including all overheads.

Overview of Assessment

Assessment methods must confirm consistency or the potential for consistency of performance over time and in a range of workplace relevant contexts.

Assessment should be by direct observation of performance and samples of work outcomes and questioning on underpinning knowledge.

Assessment may be conducted over time and may be in conjunction with assessment of other units of competency.

Assessment may occur on the job or in a simulated workplace facility with a relevant scenario, simulated work instructions and deadlines.