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All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |
SOUTH AFRICAN QUALIFICATIONS AUTHORITY |
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: |
Participate in the estimation and preparation of cost budget for a project or sub project and monitor and control actual cost against budget |
SAQA US ID | UNIT STANDARD TITLE | |||
120375 | Participate in the estimation and preparation of cost budget for a project or sub project and monitor and control actual cost against budget | |||
ORIGINATOR | ||||
SGB Project Management | ||||
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY | ||||
- | ||||
FIELD | SUBFIELD | |||
Field 03 - Business, Commerce and Management Studies | Project Management | |||
ABET BAND | UNIT STANDARD TYPE | PRE-2009 NQF LEVEL | NQF LEVEL | CREDITS |
Undefined | Regular-Fundamental | Level 4 | NQF Level 04 | 6 |
REGISTRATION STATUS | REGISTRATION START DATE | REGISTRATION END DATE | SAQA DECISION NUMBER | |
Passed the End Date - Status was "Reregistered" |
2018-07-01 | 2023-06-30 | SAQA 06120/18 | |
LAST DATE FOR ENROLMENT | LAST DATE FOR ACHIEVEMENT | |||
2026-06-30 | 2029-06-30 |
In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise. |
This unit standard replaces: |
US ID | Unit Standard Title | Pre-2009 NQF Level | NQF Level | Credits | Replacement Status |
10134 | Participate in the estimation and preparation of cost budgets for an element of work and monitor and control actual cost against budget | Level 4 | NQF Level 04 | 6 |
PURPOSE OF THE UNIT STANDARD |
Learners accessing this standard will be working as a leader in the context of a small project / sub-project involving few resources and having a limited impact on stakeholders and the environment or working as a contributing team member on a medium to large project when not a leader. These projects may be technical projects, business projects or developmental projects and will cut across a range of economic sectors. This standard will also add value to learners who are running their own business and recognise that project management forms an integral component of any business.
The qualifying learner is capable of: |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
UNIT STANDARD RANGE |
Specific Outcomes and Assessment Criteria: |
SPECIFIC OUTCOME 1 |
Identify elements and resources to be costed through interpreting the project scope statement, work breakdown structure and other project data. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
The work elements are identified and extracted from data. |
ASSESSMENT CRITERION 2 |
Cost types (elements) are identified and agreed with financial and/or project management authorities. |
ASSESSMENT CRITERION 3 |
Unit costs to be used for cost estimating are agreed with relevant authority. |
ASSESSMENT CRITERION 4 |
The resource requirements for work elements are determined in terms of type, quantity and unit cost, and documented in agreed format. |
SPECIFIC OUTCOME 2 |
Participate in the preparation and production of a cost budget. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
The elements of cost for each work element / package are estimated using agreed rules and procedures. |
ASSESSMENT CRITERION 2 |
A cost budget is documented in agreed format and within agreed time frames. |
ASSESSMENT CRITERION 3 |
Underlying assumptions of the estimate are explained, motivated and documented in agreed format. |
ASSESSMENT CRITERION 4 |
Approval is obtained for the budget from higher authority in accordance with established standards and procedures. |
ASSESSMENT CRITERION 5 |
Cost budget figures are balanced and correct in accordance with standard accounting practices. |
SPECIFIC OUTCOME 3 |
Contribute to the monitoring and controlling of cost budget performance by maintaining records and communicating. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Cost budget is communicated in a manner that ensures all relevant parties are clear on its contents. |
ASSESSMENT CRITERION 2 |
Actual costs against the budget elements are obtained and records updated correctly. |
ASSESSMENT CRITERION 3 |
Deviations of actual against budgeted costs are identified and communicated to higher authority. |
ASSESSMENT CRITERION 4 |
Opportunities for corrective action or improvement are identified and communicated to relevant individuals/teams. |
ASSESSMENT CRITERION 5 |
Financial records are maintained according to agreed standards and procedures. |
UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS |
UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE |
UNIT STANDARD DEVELOPMENTAL OUTCOME |
N/A |
UNIT STANDARD LINKAGES |
N/A |
Critical Cross-field Outcomes (CCFO): |
UNIT STANDARD CCFO IDENTIFYING |
Identify and solve problems pertaining to cost budgets and their balancing. |
UNIT STANDARD CCFO WORKING |
Work effectively with others when monitoring cost budgets to ensure compliance. |
UNIT STANDARD CCFO COLLECTING |
Collect, analyse, organise and critically evaluate information pertaining to the estimating, preparing and monitoring cost budgets. |
UNIT STANDARD CCFO COMMUNICATING |
Communicate effectively with relevant parties regarding elements of the cost budget. |
UNIT STANDARD CCFO SCIENCE |
Use science and technology to estimate, prepare and correct cost budgets for a project. |
UNIT STANDARD CCFO DEMONSTRATING |
Demonstrate the world as a set of related systems where the accurate estimation and preparation of cost budgets impacts on the financial success of a project. |
UNIT STANDARD ASSESSOR CRITERIA |
N/A |
REREGISTRATION HISTORY |
As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. |
UNIT STANDARD NOTES |
This unit standard replaces unit standard 10134, "Participate in the estimation and preparation of cost budgets for an element of work and monitor and control actual cost against budget", Level 4, 6 credits. |
QUALIFICATIONS UTILISING THIS UNIT STANDARD: |
ID | QUALIFICATION TITLE | PRE-2009 NQF LEVEL | NQF LEVEL | STATUS | END DATE | PRIMARY OR DELEGATED QA FUNCTIONARY | |
Core | 65051 | Further Education and Training Certificate: Arts and Culture Development Support | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | CATHSSETA |
Core | 57885 | Further Education and Training Certificate: CNC Production Machining | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | MERSETA |
Core | 79626 | Further Education and Training Certificate: Commercial Property and Facilities Management | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | SERVICES |
Core | 61450 | Further Education and Training Certificate: Film and Television Production Operations | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | MICTS |
Core | 66489 | Further Education and Training Certificate: Foundry Operations | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2013-11-07 | MERSETA |
Core | 58779 | Further Education and Training Certificate: Production Technology | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | MERSETA |
Core | 50080 | Further Education and Training Certificate: Project Management | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | SERVICES |
Core | 58780 | Further Education and Training Certificate: Quantity Surveying | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | CETA |
Elective | 50479 | Further Education and Training Certificate: Advertising | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | MICTS |
Elective | 60209 | Further Education and Training Certificate: Child and Youth Care Work | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | HW SETA |
Elective | 58880 | Further Education and Training Certificate: Fluid Power | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | MERSETA |
Elective | 57428 | Further Education and Training Certificate: Youth Development | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | ETDP SETA |
Elective | 57611 | National Certificate: 2D Animation | Level 5 | Level TBA: Pre-2009 was L5 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | MICTS |
Elective | 58600 | National Certificate: Land Transport Planning | Level 5 | Level TBA: Pre-2009 was L5 | Passed the End Date - Status was "Reregistered" |
2012-06-30 | LG SETA |
Elective | 49743 | National Certificate: Manufacturing Management | Level 5 | Level TBA: Pre-2009 was L5 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | FOODBEV |
Elective | 50583 | National Certificate: Public Service Communication | Level 5 | Level TBA: Pre-2009 was L5 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | PSETA |
PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: |
This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here. |
1. | Amaqamu Project Management and Consulting |
2. | ATTI Nelspruit Pty Ltd |
3. | B T Group of Companies Pty Ltd |
4. | BLC Entertainment |
5. | Breakeven 59(PTY) Ltd |
6. | Bright Storm Projects |
7. | College Africa Group (Pty) Ltd |
8. | Dintshang Trading |
9. | EDUTEL SKILLS DEVELOPMENT PTY LTD |
10. | Epitome Villa (Pty)Ltd |
11. | EYETHU NATIONAL COMPUTER COLLEGE PTY LTD |
12. | FILM Mentorship & Training SA |
13. | Greater Tzaneen Community Foundation |
14. | HILLCROSS BUSINESS SCHOOL (PTY |
15. | Ikusasalethu Youth Development Project NPC |
16. | Information Technology Resource Centre |
17. | K Boneng Consulting Services P |
18. | Kitso Bokamoso Training Solution |
19. | Leronsa Trading Enterprise |
20. | MBOWA COLLEGE PTY LTD |
21. | MENTORNET (PTY) LTD |
22. | Metanoia Ratings PTY LTD |
23. | Musengavhadzimu Media |
24. | Networx for Career Development |
25. | Ntevho-Ketso Training and Recruitement Consultancy cc |
26. | NTI College |
27. | Ntsangalala Business Enterprise |
28. | Nyathela Business College |
29. | OL Afrika Media |
30. | OPELONG BUSINESS INSTITUTE (PT |
31. | Peo Entle HIV Wellness Management and Youth Skills Development NPO |
32. | Posh Multimedia |
33. | Professional Development and Training Institute (Pty) Ltd |
34. | QUALITATIVE INNOVATIVE SOLUTIONS |
35. | QUARPHIX (PTY) LTD |
36. | Resonance Institute of Learning |
37. | Retshetse Training Project |
38. | Richfield Graduate Institute of Technology Pty Ltd |
39. | Southern African Youth Movement |
40. | Thabelanang t/a Thabelanang Trading Enterprise |
41. | The Forgotten Angle Theatre Collaborative |
42. | THE GMC GROUP PTY LTD |
43. | Thuto-Botshabelo Training and Projects (Pty) Ltd |
44. | Ulwazi Training & Development |
45. | Varsity Institute of Science & Technology (Pty)Ltd |
46. | Visionary Skill Academy |
47. | VUTHLARI MARKETING CONSULTING |
48. | Whitestone College |
All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |