Competency Title:

Valuation

Competency Type:

Functional

Competency Description

This competency refers to the ability to determine the value of a project, asset or company. The scope includes analysing qualitative and quantitative factors impacting the value of the project, asset or company.

Level 1 - Awareness

Level 1

• Identify the purposes for conducting valuation.
• Recognise the factors impacting the value of the project, asset or company.
• Identify regulatory requirements for valuation process.
Level 2 - Knowledge

Level 2

• Recognise the different valuation methods and approaches.
• Recognise the relationships between the variables used in valuation.
• Outline the regulatory requirements and standards for valuation process.
Level 3 - Skill

Level 3

• Apply appropriate valuation method and approach for specific valuation purpose.
• Identify variables to be used in the selected valuation method and approach.
• Perform the valuation process in accordance with regulatory requirements and standards.
Level 4 - Mastery

Level 4

• Validate the choice of valuation model and approach for specific valuation purpose.
• Validate the conclusions drawn from valuation are reflective of the value of the project, asset or company.
• Establish internal procedures to ensure compliance with regulatory requirements and standards.
Level 5 - Expert

Level 5

• Appraise the suitability of valuation models and approaches for specific purpose.
• Recommend feasible course of actions to improve the value of the project, asset or company.
• Review the valuation report to ensure that the intended valuation objectives are met.