ELEMENT

PERFORMANCE CRITERIA

1. Identify strategic assets for divestment

1.1. Strategic assets are identified and delineated for divestment in accordance with legislation, government objectives, policies, practice and probity requirements.

1.2. Disposal plans developed at the time of purchase are identified and examined.

1.3. Potential market value of assets is determined and substantiated.

2. Develop a disposal plan for divesting strategic assets

2.1. Business case to commence the divestment strategy is developed which includes examination of options for disposal and explanation of the recommended strategy.

2.2. Continuing government or organisational obligations post-divestment are identified and strategies are developed to address them.

2.3. Disposal plan is developed.

2.4. Disposal plan is evaluated and modified prior to approval, if required.

2.5. Required approvals are obtained according to organisational policy and procedures.

3. Implement disposal plan

3.1. Approved disposal plan is actioned.

3.2. Business case is developed, based on prices offered and according to disposal plan.

3.3. Negotiations are conducted and finalised according to the plan.

4. Evaluate divestment activity

4.1. Disposal plan, immediate outcome of divestment, and long-term outcomes for service provision and government are evaluated.

4.2. Recommendations are made for future divestment.

Required skills

communication skills to:

consult and negotiate with stakeholders

network, within probity boundaries, with stakeholders

build and manage effective working relationships

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

read complex documents, such as contracts, legislation and guidelines

provide feedback

teamwork skills to:

manage strategic relationships

model effective management and leadership approaches

respond to diversity

refer issues to the correct person

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

initiative and enterprise skills to:

identify and assess divestment options for strategic assets

apply OHS, environmental, sustainability and corporate social responsibility practices in the context of divesting strategic assets

planning and organising skills to manage financial and other resources

learning skills to keep up-to-date with:

best practice examples in strategic procurement

relevant procurement legislation, policies and procedures

technology skills to:

operate organisational IT systems

use electronic procurement templates

Required knowledge

commonwealth, state or territory, and local government legislation, policies, practices and guidelines:

relating to divesting strategic assets

such as OHS and equity and diversity, and environment

commonwealth, state or territory, and local government disposal guidelines, policies and practices

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

environmental, sustainability and corporate social responsibility principles relevant to the disposal of strategic assets

The Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.

Overview of assessment

Competency must be demonstrated in divesting strategic assets consistently and in accordance with legislative and organisational requirements.

Critical aspects for assessment and evidence required to demonstrate competency in this unit

Assessment must confirm the ability to:

use different methods to identify strategic assets for disposal

develop a strategy for the divestment of strategic assets that considers all relevant disposal options

develop a disposal plan

implement a disposal plan

review the disposal activity and make recommendations about improvements that could be implemented in future disposals of strategic assets

act within own delegations and refer issues to higher authority when necessary.

Consistency in performance

Competency should be demonstrated by providing evidence of undertaking a range of relevant work tasks in an actual or simulated procurement environment on at least two separate occasions.

Context of and specific resources for assessment

The unit of competency is to be assessed in the workplace or a simulated workplace environment.

Access may be required to:

legislation, policy, procedures and protocols relating to divesting assets at the strategic level

codes of conduct and codes of practice

long-term government policy papers, such as White Papers

workplace scenarios and case studies relating to a range of strategic procurement and disposal activities.

Method of assessment

The following assessment methods are suggested:

questions to assess understanding of relevant legislation and procedures

review of strategies and approaches adopted for divesting strategic assets

review of strategic procurement plans, business cases, strategic disposal plans, disposal budgets, disposal tender documentation, formal sign-offs and approvals, and other documentation prepared or reviewed by the candidate in a range of contexts

review of stakeholder engagement approaches adopted by the candidate.

In all cases, practical assessment should be supported by questions to assess underpinning knowledge and those aspects of competency which are difficult to assess directly. Candidates for this qualification must demonstrate a high level of understanding and practical workplace application of underpinning knowledge. Questioning techniques should suit the language and literacy levels of the candidate.

Guidance information for assessment

Evidence must be gathered over time in a range of contexts to ensure the person can achieve the unit outcome and apply the competency in different situations or environments.

Holistic assessment with other units relevant to the industry sector, workplace and job role is recommended, for example:

PSPETHC601B Maintain and enhance confidence in public service

PSPLEGN601B Manage compliance with legislation in the public sector

PSPMNGT607B Develop a business case

PSPMNGT608B Manage risk

PSPMNGT609B Formulate business strategies

PSPPM601B Direct complex project activities

PSPPROC606B Negotiate strategic procurement

PSPPROC607A Manage strategic contracts.

The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.

Strategic assets may include:

property, including housing:

listed properties

highly polluted properties

high-end military equipment

strategic infrastructure

intellectual property

high value items, e.g. computer mainframes

government businesses.

Legislation, government objectives, policies and practice may include:

commonwealth, state and territory, and local government legislation and regulations

council rules and by-laws

national competition policy

sectoral or organisational policies on:

procurement

disposal

human resource management

severance, transfer and redeployment

environmental legislation and policy

broad government policies, including Minister's public announcements and party platforms.

Options for divestment may include:

sale of business or business assets

sale of business with strategic assets leased

employee buy-out

tender

auction.

Disposal plan takes account of:

human resources

industrial relations issues

service continuity

government policies

environmental, sustainability and corporate social responsibility principles.

Required approvals may include:

Minister

Cabinet

regulatory agencies.