Competency Units in Competency:

Authorises Projects

Authorize the project to commence execution of approved project plans, including the technical plans.
Asset Management Principles | Level of Assurance | Authorises Projects
Heading:5.3.3 Investment Management Process
Reference:Standards Association of Australia 2003, Systems engineering - System life cycle processes, (AS NZS 15288-2003), Standards Australia, North Sydney.
Link:N/A
Scheme:AS15288
Issuer:Standards Australia
Evaluate ongoing projects
Asset Management Principles | Level of Assurance | Authorises Projects
Heading:5.3.3 Investment Management Process
Reference:Standards Association of Australia 2003, Systems engineering - System life cycle processes, (AS NZS 15288-2003), Standards Australia, North Sydney.
Link:N/A
Scheme:AS15288
Issuer:Standards Australia
Act to continue or redirect projects that are satisfactorily progressing or can be expected to progress~satisfactorily by appropriate redirection.
Asset Management Principles | Level of Assurance | Authorises Projects
Heading:5.3.3 Investment Management Process
Reference:Standards Association of Australia 2003, Systems engineering - System life cycle processes, (AS NZS 15288-2003), Standards Australia, North Sydney.
Link:N/A
Scheme:AS15288
Issuer:Standards Australia
Act to cancel or suspend projects whose disadvantages or risks to the organization outweigh the benefits of~continued investments, where agreements permit this.
Asset Management Principles | Level of Assurance | Authorises Projects
Heading:5.3.3 Investment Management Process
Reference:Standards Association of Australia 2003, Systems engineering - System life cycle processes, (AS NZS 15288-2003), Standards Australia, North Sydney.
Link:N/A
Scheme:AS15288
Issuer:Standards Australia