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: 

Provide technical support for project cost control functions 
SAQA US ID UNIT STANDARD TITLE
244573  Provide technical support for project cost control functions 
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  Level 4  NQF Level 04  12 
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 
The person credited with this unit standard is able to provide technical support to the key project control functions of monitoring, reviewing, forecasting and reporting expenditure and progress.

The qualifying learner is capable of:
  • Demonstrating an understanding of organisational procedures for cost control.
  • Carrying out daily cost control procedures.
  • Maintaining historical cost control records. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Learners accessing this qualification will have demonstrated competence in:
  • Communication at NQF Level 3 or equivalent.
  • Mathematical Literacy at NQF Level 3 or equivalent.
  • Computer Literacy and applicable software at NQF Level 3 or equivalent. 

  • UNIT STANDARD RANGE 
  • Where applicable, specific range statements are provided in the body of the Unit Standard where they apply to a specific outcome or assessment criteria.
  • Collate means assemble information from different sources, analyse and compare to identify points of agreement and difference, put in order, and verifying accuracy of record keeping. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Demonstrate an understanding of organisational procedures for cost control. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The components of project cost control are described according to organisational definitions. 

    ASSESSMENT CRITERION 2 
    The use of the control budget as a means of cost control is described with examples. 

    ASSESSMENT CRITERION 3 
    A given cost report is interpreted, and discrepancies and potential deviations highlighted against the control budget by comparing the various elements. 
    ASSESSMENT CRITERION RANGE 
    Elements will include but not be limited to budgets, changes to budget, commitments, cost to complete, final projected cost, variances.
     

    ASSESSMENT CRITERION 4 
    The different types of cost groups are identified with examples. 
    ASSESSMENT CRITERION RANGE 
    Types of cost groups are direct, indirect, home office, others, contingencies, allowances, provisions and owners costs.
     

    SPECIFIC OUTCOME 2 
    Carry out daily cost control procedures. 
    OUTCOME RANGE 
    Daily cost control procedures include but are not limited to procurement and accounting activities, processing of requisitions, variation orders, invoices, and vouchers. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Daily cost control procedures are explained in accordance with organisational requirements. 

    ASSESSMENT CRITERION 2 
    Information required to process daily cost control items is described with examples of each. 

    ASSESSMENT CRITERION 3 
    Documents for cost control purposes are gathered within the required time frames. 

    ASSESSMENT CRITERION 4 
    Cost control items are processed according to organisational policies and procedures. 

    ASSESSMENT CRITERION 5 
    Cost control system is updated according to organisational requirements and within required time frames. 

    ASSESSMENT CRITERION 6 
    Cost and progress reports are reproduced according to organisational requirements and issued to the appropriate parties. 

    SPECIFIC OUTCOME 3 
    Maintain historical cost control records. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Cost control data is prepared for recording in a databank in accordance with organisational requirements. 

    ASSESSMENT CRITERION 2 
    Cost control records are updated and stored in accordance with organisational requirements. 
    ASSESSMENT CRITERION RANGE 
    Cost control records may include but not be limited to cost flow forecast report, orders register, sub-contracts register, variation orders register, commitment register, cost reports.
     

    ASSESSMENT CRITERION 3 
    The importance of maintaining confidentiality and security of cost control data and reports is explained in terms of their possible negative effect to the organisation. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • An individual wishing to be assessed (including through RPL) against this unit standard may apply to an assessment agency, assessor or provider institution accredited by the relevant ETQA.
  • Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA.
  • Any institution offering learning that will enable achievement of this unit standard or assessing this unit standard must be accredited as a provider with the relevant ETQA.
  • Moderation of assessment will be conducted by the relevant ETQA at its discretion. 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • Cost control system and its application.
  • Means of assessing expenditure and commitment information against budgets.
  • Cost and progress forecasting systems and their application to project activities.
  • Means of effectively presenting forecast costs.
  • Means of gathering and inputting data to the cost control system.
  • Organisational requirements, processes and standards as these apply to project support services.
  • Documentation management. 

  • UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems when gathering and processing cost control information. 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, evaluate, organise and critically evaluate information in order to support the cost control process in an organisation. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively with other parties in order to obtain the information required to provide a cost control support function when reporting on cost control variances. 

    UNIT STANDARD CCFO SCIENCE 
    Use science and technology to gather, process, report and store cost control information. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate an understanding of the world as a set of related systems where the accurate and timely processing of cost control information assists in the overall success of the 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 
    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  58800   Further Education and Training Certificate: Project Support Services  Level 4  NQF Level 04  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.