Assessor Resource

PSPPCM019
Divest strategic assets

Assessment tool

Version 1.0
Issue Date: March 2024


This unit describes the skills required to dispose of high risk and high value government assets, including government businesses, property, strategic infrastructure, intellectual property and other high value items. It includes identifying strategic assets for disposal, developing a disposal plan for divesting strategic assets, divesting the assets and evaluating the divestment activity.

This unit applies to those working in roles involving assessment of strategic assets.

The skills and knowledge described in this unit must be applied within the legislative, regulatory and policy environment in which they are carried out. Organisational policies and procedures must be consulted and adhered to.

Those undertaking this unit will be working independently, and as part of a team, while performing routine tasks in familiar context.

No licensing, legislative or certification requirements apply to unit at the time of publication.

You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)



Evidence Required

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.

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes

Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the range of conditions section.

1. Identify strategic assets for divestment

1.1 Identify and examine disposal plans developed at the time of purchase.

1.2 Determine and substantiate potential market value of assets.

2. Develop a disposal plan for divesting strategic assets

2.1 Develop a business case to commence the divestment strategy, which includes examination of options for disposal and explanation of the recommended strategy.

2.2 Identify and develop strategies to address continuing government or organisational obligations post-divestment.

2.3 Develop disposal plan.

2.4 Evaluate and modify disposal plan prior to approval, if required.

2.5 Obtain required approvals.

3. Implement disposal plan

3.1 Action approved disposal plan.

3.2 Develop the business case, based on prices offered and according to disposal plan.

3.3 Conduct and finalise negotiations according to the plan.

4. Evaluate divestment activity

4.1 Evaluate disposal plan, immediate outcome of divestment, and long-term outcomes for service provision and government.

4.2 Make recommendations for future divestment.

Evidence required to demonstrate competence must satisfy all of the requirements of the elements and performance criteria. If not otherwise specified the candidate must demonstrate evidence of performance of the following on at least one occasion.

consulting and negotiating with stakeholders

networking, within probity boundaries

building and managing effective working relationships

writing business cases, disposal plans, reports, submissions and other complex documents

demonstrating problem-solving skills to apply decision-making processes or methodologies

identifying and assess divestment options for strategic assets

planning and organising skills to manage financial and other resources

Evidence required to demonstrate competence must satisfy all of the requirements of the elements and performance criteria. If not otherwise specified the depth of knowledge demonstrated must be appropriate to the job context of the candidate.

Commonwealth, state or territory, and local government legislation, policies, practices and guidelines.

financial rules and regulations relating to divestment of strategic assets

legal requirements of government strategic asset disposal

implications of divestment of service provision

whole of life considerations

disposal approval processes

probity principles and issues

codes of practice, codes of conduct and standards of individual behaviour relating to asset divestment

law of contract relating to strategic asset disposal

trade practices law relating to strategic asset disposal

commercial law relating to divesting strategic assets

This unit contains no specific industry-mandated assessment conditions. Guidance on suggested and recommended conditions and methods can be found in the Implementation Guide.

Assessors must satisfy the NVR/AQTF mandatory competency requirements for assessors.


Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assingnment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)


Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes

Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the range of conditions section.

1. Identify strategic assets for divestment

1.1 Identify and examine disposal plans developed at the time of purchase.

1.2 Determine and substantiate potential market value of assets.

2. Develop a disposal plan for divesting strategic assets

2.1 Develop a business case to commence the divestment strategy, which includes examination of options for disposal and explanation of the recommended strategy.

2.2 Identify and develop strategies to address continuing government or organisational obligations post-divestment.

2.3 Develop disposal plan.

2.4 Evaluate and modify disposal plan prior to approval, if required.

2.5 Obtain required approvals.

3. Implement disposal plan

3.1 Action approved disposal plan.

3.2 Develop the business case, based on prices offered and according to disposal plan.

3.3 Conduct and finalise negotiations according to the plan.

4. Evaluate divestment activity

4.1 Evaluate disposal plan, immediate outcome of divestment, and long-term outcomes for service provision and government.

4.2 Make recommendations for future divestment.

Evidence required to demonstrate competence must satisfy all of the requirements of the elements and performance criteria. If not otherwise specified the candidate must demonstrate evidence of performance of the following on at least one occasion.

consulting and negotiating with stakeholders

networking, within probity boundaries

building and managing effective working relationships

writing business cases, disposal plans, reports, submissions and other complex documents

demonstrating problem-solving skills to apply decision-making processes or methodologies

identifying and assess divestment options for strategic assets

planning and organising skills to manage financial and other resources

Evidence required to demonstrate competence must satisfy all of the requirements of the elements and performance criteria. If not otherwise specified the depth of knowledge demonstrated must be appropriate to the job context of the candidate.

Commonwealth, state or territory, and local government legislation, policies, practices and guidelines.

financial rules and regulations relating to divestment of strategic assets

legal requirements of government strategic asset disposal

implications of divestment of service provision

whole of life considerations

disposal approval processes

probity principles and issues

codes of practice, codes of conduct and standards of individual behaviour relating to asset divestment

law of contract relating to strategic asset disposal

trade practices law relating to strategic asset disposal

commercial law relating to divesting strategic assets

This unit contains no specific industry-mandated assessment conditions. Guidance on suggested and recommended conditions and methods can be found in the Implementation Guide.

Assessors must satisfy the NVR/AQTF mandatory competency requirements for assessors.

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Identify and examine disposal plans developed at the time of purchase. 
Determine and substantiate potential market value of assets. 
Develop a business case to commence the divestment strategy, which includes examination of options for disposal and explanation of the recommended strategy. 
Identify and develop strategies to address continuing government or organisational obligations post-divestment. 
Develop disposal plan. 
Evaluate and modify disposal plan prior to approval, if required. 
Obtain required approvals. 
Action approved disposal plan. 
Develop the business case, based on prices offered and according to disposal plan. 
Conduct and finalise negotiations according to the plan. 
Evaluate disposal plan, immediate outcome of divestment, and long-term outcomes for service provision and government. 
Make recommendations for future divestment. 
Identify and examine disposal plans developed at the time of purchase. 
Determine and substantiate potential market value of assets. 
Develop a business case to commence the divestment strategy, which includes examination of options for disposal and explanation of the recommended strategy. 
Identify and develop strategies to address continuing government or organisational obligations post-divestment. 
Develop disposal plan. 
Evaluate and modify disposal plan prior to approval, if required. 
Obtain required approvals. 
Action approved disposal plan. 
Develop the business case, based on prices offered and according to disposal plan. 
Conduct and finalise negotiations according to the plan. 
Evaluate disposal plan, immediate outcome of divestment, and long-term outcomes for service provision and government. 
Make recommendations for future divestment. 

Forms

Assessment Cover Sheet

PSPPCM019 - Divest strategic assets
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:


Assessment Record Sheet

PSPPCM019 - Divest strategic assets

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: