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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. Lead the portfolio team
   • Champion portfolio management within the organisation
   • Justify portfolio management resourcing at prescribed intervals according to task requirements
   • Quantify and communicate the associated value provided to the business
   • Brief and support project and program sponsors throughout the project/program lifecycles according to task requirements
   • Assess performance of portfolio management staff and provide feedback according to task requirements
   • Communicate and negotiate with internal and external stakeholders according to task requirements
2. Make strategic decisions
   • Establish a portfolio vision
   • Communicate the portfolio vision to stakeholders according to organisational requirements

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:

lead at least one portfolio of work.

In the course of the above, the candidate must:

provide management support and direction to the portfolio team

act as a role model and portfolio champion within the organisation.

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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:

the application of team management techniques and strategies

performance management within a team

how a portfolio manager can champion the vision within an organisation

content and development of a portfolio vision including:

strategic plan

vision statement

charter

business plan

motivation and leadership theories.

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