Unit of competency Outline
Date retreived
23/07/2026 2:14 AM AWST
23/07/2026 2:14 AM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Prioritise projects and programs
Prioritise projects and programs
Unit of competency
National Code
BSBPMG810
BSBPMG810
State Code
OCD48
OCD48
TGA Status
Current
Current
DTWD Status
Approved
Approved
State Implementation and Classification
Approved Date
16/03/2021
Field of Education
080301 - Business Management
Original Release Date
16/03/2021
Nominal Hours
70
Description
This unit describes the skills and knowledge required to prioritise projects and programs within a portfolio. It covers the identification, strategic alignment and setting of priorities at the portfolio level.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.
Notes
Elements and Performance Criteria
1. Identify projects and programs
- 1.1 Identify proposed, planned, active or inactive projects and programs in the organisation
- 1.2 Identify project sponsor and project approval status of all identified projects
- 1.3 Capture macro-level project and program information for every project and program within the project portfolio
- 1.4 Implement ongoing identification and capture of project and program information
2. Undertake strategic alignment
- 2.1 Align and objectively score projects and programs against organisational strategic objectives
- 2.2 Identify and assess key drivers, internal and external sources of impact for projects and programs within the portfolio
- 2.3 Assess projects and programs for alignment with strategic objectives
- 2.4 Highlight and flag projects and programs that do not align to one or more strategic objective for further analysis
- 2.5 Categorise projects and programs according to each strategic objective
3. Apply prioritisation
- 3.1 Identify, document and review organisational prioritisation methods
- 3.2 Agree on prioritisation criteria for project portfolio assessment with executive stakeholders
- 3.3 Prioritise projects and programs based on their alignment
No information
No information
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| AUM42 | BSBPMG801 | Prioritise projects and programs | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| BFR4 | BSB80220 | Graduate Diploma of Portfolio Management | Qualification |
| BFS6 | BSB80320 | Graduate Diploma of Strategic Leadership | Qualification |