SAQA 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: 

Manage a budget for frontline service environment 
SAQA US ID UNIT STANDARD TITLE
114498  Manage a budget for frontline service environment 
ORIGINATOR
SGB Postal Services 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 11 - Services Consumer Services 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 5  Level TBA: Pre-2009 was L5 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

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 does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
Competence in this unit standard will enable the learner to manage a budget in the workplace, providing a learner with some generic management competencies. It will enable the learner to make decisions, consider options and communicate according to available information. The knowledge, skills and understanding demonstrated in this unit standard is essential for social and economic transformation and upliftment. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
The following competencies are assumed for a learner embarking on the unit standard:
  • Communication and Literacy, NQF Level 4
  • Mathematics, NQF Level 4 

  • UNIT STANDARD RANGE 
  • Compiling and managing the budget may include, but not limited to, previous budgets, financial statements, past, current and future trends, completed balances.
  • Expenditure may include but not limited to staff, operating, capital expenditure. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Prepare for a budget for a trading period. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. Various types of budgets are considered and one is selected appropriate to the purpose 

    ASSESSMENT CRITERION 2 
    2. Statistical and historical data is collected and recorded to prepare for budgeting on relevant systems 

    ASSESSMENT CRITERION 3 
    3. Data for budget is scrutinised for suitability 

    ASSESSMENT CRITERION 4 
    4. Data for budget is analysed for suitability 

    SPECIFIC OUTCOME 2 
    Compile a budget for a trading period. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. Budget is compiled on past actual figures; future trends and targets 

    ASSESSMENT CRITERION 2 
    2. Budget type selected applied accurately and appropriately 

    ASSESSMENT CRITERION 3 
    3. Various scenarios are considered which may affect projections 

    ASSESSMENT CRITERION 4 
    4. Sensitivity analyses are performed to assess likely impact of various external and internal factors 

    SPECIFIC OUTCOME 3 
    Manage a budget for a trading period. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The actual income and expenditure figures are compared against target / approved budget, accurately 

    ASSESSMENT CRITERION 2 
    2. Variances are detected, accurately 

    ASSESSMENT CRITERION 3 
    3. Reasons for variances are analysed to determine the impact of the various factors 

    ASSESSMENT CRITERION 4 
    4. Corrective measures for variances are implemented to ensure adherence to overall budget 

    SPECIFIC OUTCOME 4 
    Minimise expenditure for compliance to set budget. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. Areas of over- expenditure are identified, accurately 

    ASSESSMENT CRITERION 2 
    2. Cost savings strategies are developed in accordance with organisation`s policies and procedures 

    ASSESSMENT CRITERION 3 
    3. Cost savings strategies are communicated clearly and effectively 

    ASSESSMENT CRITERION 4 
    4. Cost savings strategies are implemented and maintained in accordance with organisation`s policies and procedures 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • Anyone assessing a learner against this unit standard must be registered as an assessor with a relevant ETQA.
  • Any institution offering learning that will enable achievement of this unit standard must be accredited as a provider with a relevant ETQA.The relevant ETQA according to the moderation guidelines and the agreed ETQA procedures will oversee moderation of assessment and is responsible for moderation of learner achievements of learners who meet the requirements of this unit standard. 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    Credited learners understand and can explain:
  • Basic concepts and principals of budgeting.
  • Company specific procedures of budgeting 

  • UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Solve problems

    Outcome:
  • Compile a budget for a trading period
  • Minimise expenditure for compliance to set budget

    Assessment:
  • Sensitivity analyses are performed to assess likely impact of various external and internal factors
  • Cost savings strategies are implemented and maintained in accordance with organisation`s policies and procedures 

  • UNIT STANDARD CCFO WORKING 
    Work effectively with others

    Outcome:
  • Minimise expenditure for compliance to set budget

    Assessment:
  • Cost savings strategies are communicated clearly and effectively 

  • UNIT STANDARD CCFO ORGANISING 
    Employ self management

    Outcomes:
    All

    Assessment:
    All 

    UNIT STANDARD CCFO COLLECTING 
    Manage information

    Outcomes:
    All

    Assessment:
    All 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively

    Outcome:
  • Minimise expenditure for compliance to set budget

    Assessment:
  • Cost savings strategies are communicated clearly and effectively 

  • UNIT STANDARD CCFO SCIENCE 
    Demonstrate scientific and technological competence

    Outcomes:
  • Prepare for a budget for a trading period
  • Compile a budget for a trading period

    Assessment
  • Statistical and historical data is collected and recorded to prepare for budgeting on relevant systems
  • Budget type selected applied accurately and appropriately 

  • UNIT STANDARD CCFO CONTRIBUTING 
    Understand contextual world systems

    Outcomes:
    All

    Assessment:
    All 

    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 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  58759   National Certificate: Ports and Harbours  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Reregistered" 
    2015-06-30  TETA 
    Core  48662   National Certificate: Postal Frontline Service Management  Level 5  Level TBA: Pre-2009 was L5  Reregistered  2023-06-30  SERVICES 


    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.
     
    NONE 



    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.