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: 

Apply technical knowledge and skill in order to manage motor vehicle risk 
SAQA US ID UNIT STANDARD TITLE
120371  Apply technical knowledge and skill in order to manage motor vehicle risk 
ORIGINATOR
SGB Insurance and Investment 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 4  NQF Level 04 
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 
This Unit Standard is intended for managers of organisations and learners who manage Asset Risk in Insurance and other organisations.

The qualifying learner is capable of:
  • Explaining the risks associated with motor vehicles.
  • Suggesting risk reduction or mitigation measures.
  • Developing a risk management policy and procedures for a motor fleet.
  • Explaining a monitor and review system. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    There is open access to this unit standard. Learners should be competent in Communication and Mathematical and Financial Literacy at NQF Level 3. 

    UNIT STANDARD RANGE 
    The typical scope of this unit standard is:
  • Fleet means all the vehicles owned or covered by an organisation.
  • Risk exposures include, but are not limited to, drivers, theft, financing, vehicle security, vehicle safety, abuse, maintenance and fraud.
  • Procedures include, but are not limited to, drivers' training, selection of vehicles, disposal of vehicles, insurance procedures, authorisation for use, accidents, repair, general maintenance, unauthorized use and vehicle abuse.
  • Information that should be included in a management system includes, but is not limited to, insurance statistics, account statistics, losses, running costs, productivity, efficiency costs and people monitoring.
  • Changes in situation include, but are not limited to, external conditions and trends, own losses and fleet expenses. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Explain the risks associated with motor vehicles. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The risks associated with managing a business fleet are explained with examples. 

    ASSESSMENT CRITERION 2 
    The potential impact of the different risk exposures is quantified relative to the cost of running the fleet. 

    ASSESSMENT CRITERION 3 
    Insurance data, maintenance costs, industry trends and existing fleet statistics such as running costs are used to create a risk profile for a specific fleet. 

    ASSESSMENT CRITERION 4 
    Risks associated with hired in vehicles are compared to risks associated with owned vehicles. 

    SPECIFIC OUTCOME 2 
    Suggest risk reduction or mitigation measures. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The role of vehicle selection in reducing motor fleet risk is explained with examples. 

    ASSESSMENT CRITERION 2 
    The selection and training of drivers as a means of reducing risk is explained with examples. 

    ASSESSMENT CRITERION 3 
    Risks associated with not having a formalised policy and detailed procedures for a motor fleet are described with examples. 

    SPECIFIC OUTCOME 3 
    Develop a risk management policy and procedure document for a motor fleet. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The difference between a policy and a procedure is explained with examples. 

    ASSESSMENT CRITERION 2 
    A motor vehicle policy document covering use and abuse of vehicles is complied for a specific business. 

    ASSESSMENT CRITERION 3 
    The typical procedures associated with a motor vehicle policy are outlined for a specific organisation. 

    SPECIFIC OUTCOME 4 
    Explain a monitor and review system. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Information that should be included in a vehicle management system is named with examples. 

    ASSESSMENT CRITERION 2 
    Three benchmarks are identified to highlight efficiency/inefficiency in a fleet and an indication is given of how the data can be used to maintenance risk performance. 

    ASSESSMENT CRITERION 3 
    The importance of regular review is explained and an indication is given of the consequences should an organisation neglect this aspect. 

    ASSESSMENT CRITERION 4 
    Situation changes that require a review of policy and procedures are explained with examples of how the changes can impact on the system. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • Registered as an assessor with the INSQA or with a relevant ETQA that has a Memorandum of Understanding with the INSQA.
  • Moderators must be registered as assessors with the INSQA or with a relevant ETQA that has a Memorandum of Understanding with the INSQA.
  • 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 INSQA or with a relevant ETQA that has a Memorandum of Understanding with the INSQA.
  • Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures.

    Anyone wishing to be assessed against this Unit Standard may apply to be assessed by any assessment agency registered with the INSQA or with a relevant ETQA that has a Memorandum of Understanding with the INSQA. 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    N/A 

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Learners are capable of identifying and solving problems in which responses show that responsible decisions using critical and creative thinking have been made in developing a risk management policy for an organisation. 

    UNIT STANDARD CCFO COLLECTING 
    Learners are capable of collecting, organising and critically evaluating information in collecting and interpreting data relating to vehicle risk management. 

    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
    Elective  57613   Further Education and Training Certificate: Short-Term Risk Management  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered" 
    2012-06-30  INSETA 


    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.