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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Maintain and control the use of asset and investment resources 
SAQA US ID UNIT STANDARD TITLE
15057  Maintain and control the use of asset and investment resources 
ORIGINATOR
SGB Real Estate 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 11 - Services Cleaning, Domestic, Hiring, Property and Rescue 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 
This unit standard forms part of the qualification National Certificate in Real Estate, registered at Level 5 on the National Qualifications Framework. Learners working towards this standard will be learning towards the full qualification, or will be working within a Property Environment, specialising in either Property Management where the acquisition of competence against this standard will add value to their understanding of the sector and functioning in the workplace. This standard will also add value to learners who are starting or working in their own Property and/or Real Estate business.

The purpose of this standard is for learners to develop a practical understanding of the maintenance considerations of property assets and investments, and of the control and use of asset and investment resources, and corresponding administrative systems and processes.

The qualifying learner is capable of:
  • Actioning planned maintenance programmes through technical specialists that ensures that all assets and investments are maintained to operational efficiency.
  • Providing preventative maintenance of assets.
  • Controlling the use of asset and investment resources. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Learners accessing this qualification will have demonstrated competence in the standards of the National Certificate in Property Practice at NQF Level 4, specialising in Property Management, or equivalent. They must also be able to communicate in English and apply financial and accounting practices to the equivalent of NQF Level 5. 

    UNIT STANDARD RANGE 
  • Assets including commercial property, industrial property, retail property, equipment, machinery and plant.
  • Investments including assets and financial.
  • Maintenance and preventative maintenance including inspecting, servicing, cleaning, repairing and replacing. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Action planned maintenance programmes: technical specialists ensure assets & investments maintanance 
    OUTCOME NOTES 
    Action planned maintenance programmes through technical specialists that ensures that all assets and investments are maintained to operational efficiency. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. Maintenance programme is actioned within agreed timeframes. 

    ASSESSMENT CRITERION 2 
    2. Technical specialists and experts are approved by authorised personnel. 

    ASSESSMENT CRITERION 3 
    3. Physical resources are in optimal condition at time of use. 

    ASSESSMENT CRITERION 4 
    4. A system for recording and monitoring planned maintenance is in place. 

    SPECIFIC OUTCOME 2 
    Provide preventative maintenance of assets. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. Back up services contains and minimises breakdowns and losses. 

    ASSESSMENT CRITERION 2 
    2. Downtime is minimised which disrupts delivery of services. 

    ASSESSMENT CRITERION 3 
    3. Assets and investment resources are preserved and deterioration minimised. 

    ASSESSMENT CRITERION 4 
    4. Preventative maintenance maintains the asset and investment above the minimum requirements. 

    SPECIFIC OUTCOME 3 
    Control the use of asset and investment resources. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. Systems for recording and monitoring asset and investments on a continuous basis are verified and applied. 

    ASSESSMENT CRITERION 2 
    2. System maintains assets, and investments at the minimum level. 

    ASSESSMENT CRITERION 3 
    3. Control system ensures adequate quantity and quality resources are available as and when required. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    Providers will be accredited against this unit standard and assessors registered by the relevant Education Quality Assurance Body (ETQA). 

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    A comprehensive understanding of maintenance and preventative maintenance practices and principles for managing assets and investments. 

    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 interpreting use of assets and investments which might have an effect on the value. 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others when facilitating maintenance programmes to ensure highest possible use of assets and investment. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, evaluate, organise and critically evaluate information when assessing and controlling maintenance programmes to accurately limit downtime and loss making situations. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively when presenting maintenance plans so that all aspects are sufficiently dealt with in a manner that is acceptable and understandable to those implementing it. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Understand the world as a set of related systems where poor maintenance impacts on the value of the asset and investment. 

    UNIT STANDARD CCFO CONTRIBUTING 
    In order to contribute to the full personal development of each learner and the social and economic development of society at large, it must be the intention underlying any programme of learning to make an individual aware of the importance of: developing entrepreneurial opportunities while maintaining and controlling assets and investments. 

    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  79626   Further Education and Training Certificate: Commercial Property and Facilities Management  Level 4  NQF Level 04  Reregistered  2023-06-30  SERVICES 
    Elective  20188   National Certificate: Real Estate  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.
     
    1. Chartall Business 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.