Assessment Requirements for BSBPMG802 Select and balance the portfolio

Release: 1

Assessment Requirements for BSBPMG802 Select and balance the portfolio

Modification History

Release	Comments
Release 1	This version first released with BSB Business Services Training Package Version 1.0.

Performance Evidence

Evidence of the ability to:

prepare a dependency map

undertake a project selection process

prepare a detailed project register for a portfolio explaining selection, appraisal and approval monitoring

monitor and control the status of project and program approvals.

demonstrate use of analysis methods and techniques, including:

cost-benefit analysis

quantitative analysis

scenario planning

probability analysis

graphical analysis methods

demonstrate representing multi-dimensional and complex information in creative ways including:

bubble charts

three-dimensional graphs

balanced score-card matrix

pair-wise comparison.

Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.

Knowledge Evidence

To complete the unit requirements safely and effectively, the individual must:

explain criterion prioritisation models

summarise supply and demand concepts

compare methods to determine organisational human resources capacity

explain the structure and use of business cases and feasibility studies.

Assessment Conditions

Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the management and leadership – project management field of work and include:

access to workplace documentation

feedback from stakeholders, which reflects how selection and balance across the portfolio was achieved.

Assessors must satisfy NVR/AQTF assessor requirements.

Links

Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=11ef6853-ceed-4ba7-9d87-4da407e23c10