Skills Transfer Program

The Victorian Government is committed to improving the value its investments provide to the people of Victoria. An initiative that has proven to be highly effective is known as the Investment Management Standard. This standard comprises a set of simple practices that have reduced the cost of developing business cases, enabled more informed investment decision making and maximised the benefits that government is receiving from its investments.

The standard is experiencing rapid and widespread adoption across the departments and agencies of the Victorian Government and by governments across Australia and New Zealand. To support this uptake, the Department of Treasury and Finance conducts a skills transfer program to allow the approach to be properly understood and applied effectively.

Investment Management Information Session

Are you:

• wanting an overview of what the Investment Management standard is all about;
• wanting to extract the logic underpinning an investment by developing an Investment Logic Map (ILM);
• developing a business case and plan to use the components of the Investment Management standard as its foundation;
• responsible for the investment management practices of an organisation;
• wanting to obtain the skills needed to become an accredited IMS facilitator; or
• simply wanting to update your knowledge on how the practices have changed?

Each month the Department of Treasury and Finance will be holding an informative information session where you will discover:

• what is the Investment Management Standard and how does it work;
• how are ILMs developed;
• how ILMs provide the foundation for a good business case;
• how the practices are being applied to different business needs; and
• how can I adopt it in my organisation.

To register please follow this link to the Skills Transfer Calendar

The Powerpoint slides for this event are available via this link:
IMS Information Session - Oct 09 (6.83 mb PPT)

This information session is free of charge.

Investment Management Facilitator Training

As a result of the rapid uptake and the need for both VPS and non VPS facilitation support, the Department of Treasury and Finance conduct a 1 day training session in the facilitation of the Investment Management Standard.

The facilitator training session provides the skills to facilitate the development of Investment Logic Maps consistent with the guideline. You will gain an understanding of the fundamentals that underpins the investment management standard and the six individual practices.

Places will be allocated on a 'willingness to become a facilitator' basis. Limits may be placed on the number of attendees per department or company.

To register for the Investment Management Skills Transfer Program or to simply view when the next training events are available please follow this link to the Skills Transfer Calendar . Please read below for conditions.

The Powerpoint slides for this event are available via this link:
IMS Accredited Facilitators Training - Oct 09 (1.3 mb PPT)

The facilitator training is free of charge for government staff. There is a cost of $200 (incl. GST) for consultants.
Facilitator training is NOT mandatory for accreditation however it is highly recommended.

CANCELLATION POLICY:
Charges will be incurred if written notification of cancellation is not received 24hrs prior to commencement of the skills transfer event.
Skills transfer events may be moved, changed or cancelled depending on resource availability and demand.

Facilitator accreditation

The development of high quality investment logic maps is critical to the success of the standard and their development has been found to be a specialised skill. For that reason it has been necessary to introduce a simple method of accreditation. Details of the accreditation process can be found in the facilitator accreditation documentation.

Having successfully met the accreditation conditions accreditation is then granted. Consultants who have been accredited will be invited to submit their details in a standardised two page format that provides their background and price structure for the development of an Investment Logic Map and an Investment Concept Brief.

Facilitator accreditation documentation

Facilitator Accreditation v3.5 (72 kb PDF)
Facilitator Feedback Form - ILM 3.5 (100 kb Word)
Quality Assessment Form - Investment Logic Map - v3.5 (43 kb Word)

If you require anymore information please contact Greg Gough on (03) 9651 1880 or investmentmanagement@dtf.vic.gov.au for further details.