Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners

BSBPMG813 Mapping and Delivery Guide
Govern the portfolio

Version 1.0
Issue Date: May 2024


Qualification -
Unit of Competency BSBPMG813 - Govern the portfolio
Description
Employability Skills
Learning Outcomes and Application This unit describes the skills and knowledge required to provide governance over a portfolio. It covers applying standards, governance models and the portfolio charter.A portfolio is the centralised management of one or more portfolios of projects, which includes identifying, prioritising, authorising, managing and controlling projects, programs and other related work, to achieve specific strategic business objectives.The unit applies to individuals who operate at the strategic level within the organisation. Unlike projects or programs, a portfolio does not have a finite life, instead it is a continuous process and requires regular tending to ensure the portfolio remains in balance and is consistent with the strategic objectives of the organisation.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Duration and Setting X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting.

Skills in this unit must be demonstrated in a workplace or simulated environment where the conditions are typical of those in a working environment in this industry.

This includes access to:

workplace documentation and resources relevant to performance evidence

feedback from stakeholders, which reflects how governance was managed within a portfolio.

Assessors of this unit must satisfy the requirements for assessors in applicable vocational education and training legislation, frameworks and/or standards.
Prerequisites/co-requisites
Competency Field
Development and validation strategy and guide for assessors and learners Student Learning Resources Handouts
Activities 		Slides
PPT 		Assessment 1 Assessment 2 Assessment 3 Assessment 4
Elements of Competency Performance Criteria              
Element: Undertake governance activities
  • Prepare a portfolio charter, which clearly establishes portfolio governance and management roles, authorities, approval limits, responsibilities and the scope of portfolio control
  • Apply disciplined governance arrangements, supported by appropriate methods and controls, to projects and programs within the portfolio
  • Implement business strategy
  • Record and communicate decisions made at authorisation points
  • Support executive management to ensure appropriate independent assurance of projects/programs occurs
       
Element: Monitor governance processes
  • Communicate required portfolio updates with portfolio stakeholders according to task and organisational requirements
  • Review the portfolio charter
  • Evaluate project performance against criteria for reporting project status
  • Identify areas for improvement
       


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.

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:

establish governance over a portfolio on at least one occasion.

In the course of the above, the candidate must:

prepare a portfolio charter

apply a decision-making matrix with suitable criteria

determine a suitable governance model to a portfolio context

define suitable decision-making authorities and delegations

prepare governance documentation and reports.

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:

governance mechanisms established in the portfolio

project, program and corporate governance models

appropriate methods and controls, for supporting disciplined governance arrangements

methods to incorporate legislative, regulatory or business requirements and changes into portfolio management decisions and controls

content and requirements of approved plans

features of efficient delegated authorisation body decision-making including:

sufficient representation

competence

authority

resources to enable bodies to make appropriate decisions

link between portfolio governance mechanisms and those used in projects/programs

suitable methods to communicate the governance requirements to subordinates

how portfolio decisions are made and supported.

Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assignment, 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.
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
Prepare a portfolio charter, which clearly establishes portfolio governance and management roles, authorities, approval limits, responsibilities and the scope of portfolio control 
Apply disciplined governance arrangements, supported by appropriate methods and controls, to projects and programs within the portfolio 
Implement business strategy 
Record and communicate decisions made at authorisation points 
Support executive management to ensure appropriate independent assurance of projects/programs occurs 
Communicate required portfolio updates with portfolio stakeholders according to task and organisational requirements 
Review the portfolio charter 
Evaluate project performance against criteria for reporting project status 
Identify areas for improvement 

Forms

Assessment Cover Sheet

BSBPMG813 - Govern the portfolio
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

BSBPMG813 - Govern the portfolio

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: