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 THAT HAS PASSED THE END DATE: 

Monitor productivity in a business venture 
SAQA US ID UNIT STANDARD TITLE
114618  Monitor productivity in a business venture 
ORIGINATOR
SGB Generic Management 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Generic Management 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular-Fundamental  Level 4  NQF Level 04 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 
2008-05-13  2009-05-13  SAQA 0160/05 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2012-05-13   2015-05-13  

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 is replaced by: 
US ID Unit Standard Title Pre-2009 NQF Level NQF Level Credits Replacement Status
263434  Plan and manage production/operations in a new venture  Level 4  NQF Level 04   

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is intended to enable learners to measure business productivity, identify monitoring strategies and devise possible productivity improvement opportunities in a new venture.

The qualifying learner is will be able to:
  • Obtain and analyse a range of relevant reliable business performance standards and productivity measurements.
  • Compare projected results to goals/objectives of the business, financial and/or operating plan.
  • Compile and present a strategy plan for monitoring productivity.
  • Review the implementation of a productivity improvement plan.
  • Plan effective time management strategies for productivity in own venture. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Learners accessing this Unit Standard should be competent in Communication and Mathematical Literacy at NQF Level 3. 

    UNIT STANDARD RANGE 
  • Performance standards and criteria.
  • Professional and industry boards specifications for performance.
  • Analysis of individual performance.
  • Time management, problem-solving and decision-making approaches relevant to new ventures. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Obtain and analyse a range of relevant, reliable business performance standards and productivity. 
    OUTCOME NOTES 
    Obtain and analyse a range of relevant, reliable business performance standards and productivity measurements. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
  • The impact low productivity on the South African economy is discussed with examples. 

  • ASSESSMENT CRITERION 2 
  • The relationship between productivity and profitability are explained for a business venture. 

  • ASSESSMENT CRITERION 3 
  • Performance standards and productivity measurement instruments that a new venture could use to measure its productivity are identified and a decision taken on which is most applicable to the business venture. 

  • SPECIFIC OUTCOME 2 
    Compare actual results with projected result and goals/objectives of the business. 
    OUTCOME NOTES 
    Compare actual results with projected results and the goals/objectives of the business, financial and/or operating plan of the business venture. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Actual results are compared with projected results in own venture plans to determine future viability of venture. 

    ASSESSMENT CRITERION 2 
    Actual results are compared with the goals and/or objectives of the new venture to determine degree of compatibility. 

    ASSESSMENT CRITERION 3 
    Actual financial situation, cash flow position, etc are compared with projected figures to determine financial viability of the business venture. 

    SPECIFIC OUTCOME 3 
    Compile and implement a plan for productivity improvement. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Opportunities to optimise productivity improvement in own venture are identified so as to improve profit margin. 

    ASSESSMENT CRITERION 2 
    An organisational activity plan co-ordinating stakeholders, their roles and performance expectations is compiled to improve productivity. 

    ASSESSMENT CRITERION 3 
    An individual activity plan to improve productivity is framed based on established performance criteria. 

    ASSESSMENT CRITERION 4 
    The utilisation and maintenance of resources is planned to ensure productivity. 

    ASSESSMENT CRITERION 5 
    Productivity improvement control techniques are selected and applied in own business. 

    ASSESSMENT CRITERION 6 
    The implementation of the productivity improvement plan is monitored to determine what amendments, if any, need to be made to the plan. 

    SPECIFIC OUTCOME 4 
    Implement effective time management strategies for productivity in own venture. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The correlation between effective time management and productivity is analysed for own venture. 

    ASSESSMENT CRITERION 2 
    A time management plan is developed and implemented for own business. 

    ASSESSMENT CRITERION 3 
    Business activities are sequenced and the duration estimated to prevent time lags in the process. 

    ASSESSMENT CRITERION 4 
    A business schedule is developed and implemented to optimise productivity levels. 


    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, or by an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Anyone assessing a learner against this Unit Standard must be registered as an assessor with the relevant ETQA or with an ETQA that has a Memorandum of Understanding 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 or with an ETQA that has a Memorandum of Understanding with the relevant ETQA .
  • Moderation of assessment will be conducted by the relevant ETQA at its discretion. 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • The importance of effectively managing business performance to ensure profitability of business.
  • The inter-relationship between productivity and profitability.
  • Performance measurement.
  • Time management, decision-making and problem-solving.
  • Effective resource management to ensure productivity.
  • Resource maintenance and productivity. 

  • UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems using formulated strategies for productivity. 

    UNIT STANDARD CCFO ORGANISING 
    Organise and manage oneself and one's activities using structured methods for compiling productivity standards for the new venture. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, evaluate, organise and critically evaluate information so as to manage and maximise productivity in the new venture. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    UNIT STANDARD NOTES 
    This unit standard has been replaced by unit standard 264343, which is "Plan and manage production/operations in a new venture ", 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  23953   Further Education and Training Certificate: New Venture Creation (SMME)  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered" 
    2009-05-13  Was SERVICES until Last Date for Achievement 
    Core  65650   Further Education and Training Certificate: Sewing Machine Mechanics  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered" 
    2015-06-30  FPMSETA 
    Core  20884   National Certificate: New Venture Creation (SMME)  Level 4  NQF Level 04  Passed the End Date -
    Status was "Registered" 
    2005-04-10   
    Elective  58143   National Certificate: Music Industry Practice  Level 3  NQF Level 03  Reregistered  2023-06-30  CATHSSETA 
    Elective  65050   National Certificate: Music  Level 5  Level TBA: Pre-2009 was L5  Reregistered  2023-06-30  CATHSSETA 


    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.
     
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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.