List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.
ELEMENT | PERFORMANCE CRITERIA |
Elements describe the essential outcomes. | Performance criteria describe the performance needed to demonstrate achievement of the element. |
1. Evaluate project opportunities | 1.1 Critically evaluate the project proposals in a strategic context 1.2 Review financial criteria to determine economic feasibility of projects 1.3 Prioritise projects to leverage financial resources |
2. Monitor the project performance | 2.1 Direct the project schedule and budget development 2.2 Direct the integration of the project activities 2.3 Critically evaluate project performance, using earned value techniques 2.4 Proactively manage strategic projects’ risks and issues 2.5 Identify and take action to address unsatisfactory performance |
3. Manage project completion activities | 3.1 Direct financial completion 3.2 Establish the benefits realisation plans 3.3 Apply project lessons learned strategically |
Evidence of the ability to:
select the project opportunities that align with the organisational strategic and financial goals
review and validate, high priority projects to be undertaken based on the trade-offs between benefits, risks and scarce financial resources
develop the schedule and budget for selected projects, to enable ongoing earned value performance measurement
review project performance and initiate appropriate corrective actions and audit activity, where necessary
establish and monitor, an agreed project benefits realisation plan.
Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.
To complete the unit requirements safely and effectively, the individual must:
outline appropriate cost management and estimating methodologies, techniques and tools, their capabilities and limitations, applicability and outcomes
discuss business and commercial issues
discuss cost schedule control systems
outline the processes of delegation and the management of responsibilities for cost management
discuss the differences in work content, risk, processes, tools and techniques that apply in the various phases of recurring project life cycles, within a volatile program environment
explain the direction of project development and the management of program budgets
outline human resource management policies
discuss how to apply the principles and techniques relating to:
negotiation
risk management, including risk sharing and transfer
outline the organisational guidance and attitudes to cost management
outline organisational procurement guidelines
outline organisational policies, including project governance policies
discuss the principles of program project-cost management and its application
discuss project management systems, tools and techniques
outline the project specifications and objectives
outline the public relations policies and strategies
discuss the relationship of cost, time and resources, to the project management framework
describe the political climate and the organisation's culture
discuss the use of the budget as a control mechanism.
Gather evidence to demonstrate consistent performance in conditions that are safe and replicate the workplace. Noise levels, production flow, interruptions and time variances must be typical of those experienced in the general information and communications technology (ICT) industry, and include access to:
relevant strategic level enterprise documentation, including:
planning
financial
ICT infrastructure
organisational policies.
Assessors must satisfy NVR/AQTF assessor requirements.