Unit of competency Outline

Date retreived
23/07/2026 12:47 AM AWST

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Divest strategic assets

Divest strategic assets

Unit of competency
National Code
PSPPCM019
State Code
AWU28
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
07/03/2016
State Implementation and Classification
Approved Date
21/07/2016
Field of Education
080313 - Public And Health Care Administration
Original Release Date
21/07/2016
Nominal Hours
50
Description
This unit describes the skills required to dispose of high risk and high value government assets, including government businesses, property, strategic infrastructure, intellectual property and other high value items. It includes identifying strategic assets for disposal, developing a disposal plan for divesting strategic assets, divesting the assets and evaluating the divestment activity.This unit applies to those working in roles involving assessment of strategic assets.The skills and knowledge described in this unit must be applied within the legislative, regulatory and policy environment in which they are carried out. Organisational policies and procedures must be consulted and adhered to.Those undertaking this unit will be working independently, and as part of a team, while performing routine tasks in familiar context.No licensing, legislative or certification requirements apply to unit at the time of publication.
Notes
Elements and Performance Criteria
1. Identify strategic assets for divestment
  • 1.1 Identify and examine disposal plans developed at the time of purchase.
  • 1.2 Determine and substantiate potential market value of assets.
2. Develop a disposal plan for divesting strategic assets
  • 2.1 Develop a business case to commence the divestment strategy, which includes examination of options for disposal and explanation of the recommended strategy.
  • 2.2 Identify and develop strategies to address continuing government or organisational obligations post-divestment.
  • 2.3 Develop disposal plan.
  • 2.4 Evaluate and modify disposal plan prior to approval, if required.
  • 2.5 Obtain required approvals.
3. Implement disposal plan
  • 3.1 Action approved disposal plan.
  • 3.2 Develop the business case, based on prices offered and according to disposal plan.
  • 3.3 Conduct and finalise negotiations according to the plan.
4. Evaluate divestment activity
  • 4.1 Evaluate disposal plan, immediate outcome of divestment, and long-term outcomes for service provision and government.
  • 4.2 Make recommendations for future divestment.
No information
No information
Replaces
State Code National Code Title Type
D3744 PSPPROC603C Divest strategic assets Unit of competency