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Elements and Performance Criteria

1. Identify strategic assets for divestment
   • Identify and examine disposal plans developed at the time of purchase.
   • Determine and substantiate potential market value of assets.
2. Develop a disposal plan for divesting strategic 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.
3. Implement disposal plan
   • 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.
4. Evaluate divestment activity
   • Evaluate disposal plan, immediate outcome of divestment, and long-term outcomes for service provision and government.
   • Make recommendations for future divestment.
5. Identify strategic assets for divestment
   • Identify and examine disposal plans developed at the time of purchase.
   • Determine and substantiate potential market value of assets.
6. Develop a disposal plan for divesting strategic 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.
7. Implement disposal plan
   • 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.
8. Evaluate divestment activity
   • Evaluate disposal plan, immediate outcome of divestment, and long-term outcomes for service provision and government.
   • Make recommendations for future divestment.

Performance Evidence

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

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Knowledge Evidence

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

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