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Follow the links below to find material targeted to the unit's elements, performance criteria, required skills and knowledge

Elements and Performance Criteria

1. Program and project delivery oversight
   • Align the portfolio review cycle with appropriate project or program review points
   • Review project and program performance against respective plans and measure performance against continuously captured qualitative and quantitative data
   • Monitor the portfolio against projects or programs key objectives and benefits
   • Flag projects and programs not achieving planned performance for review and further investigation
   • Make recommendations to change projects or programs included in the portfolio
2. Portfolio continuous improvement
   • Review and improve project identification and approval
   • Assess portfolio value and contribution to strategic priorities through the monitoring and review of key performance indicator measures
   • Apply lessons learned into the project selection, prioritisation and portfolio balancing processes
3. Benefits management and realisation
   • Prepare and update portfolio delivery map showing the key timings and inter-dependencies between projects and programs and the associated benefits to be produced
   • Manage the portfolio according to organisational objectives

Performance Evidence

The candidate must demonstrate the ability to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including evidence of the ability to:

manage and review portfolio performance on at least one occasion.

In the course of the above, the candidate must:

identify how the portfolio can be continuously improved

apply types of qualitative and quantitative data and other metrics that can be used to determine project performance

determine and map cross project/program dependencies

respond to signs and symptoms of project/program failure and underperformance.

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Knowledge Evidence

The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of:

portfolio review matrix, including the collection of qualitative and quantitative data and other metrics

cross project or program dependency map

use of the portfolio review document

project or program performance report or audit

use of the portfolio delivery map.

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