Valuation
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.