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		<title>Admin: Created page with &quot;{{DISPLAYTITLE:Competency linked to Cost}} {| class=&quot;wikitable&quot; style=&quot;text-align: left; width: 100%;&quot; |- | '''Category:''' | '''Sub-category:''' | '''Document type:''' | '''R...&quot;</title>
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				<updated>2016-09-27T09:04:50Z</updated>
		
		<summary type="html">&lt;p&gt;Created page with &amp;quot;{{DISPLAYTITLE:Competency linked to Cost}} {| class=&amp;quot;wikitable&amp;quot; style=&amp;quot;text-align: left; width: 100%;&amp;quot; |- | &amp;#039;&amp;#039;&amp;#039;Category:&amp;#039;&amp;#039;&amp;#039; | &amp;#039;&amp;#039;&amp;#039;Sub-category:&amp;#039;&amp;#039;&amp;#039; | &amp;#039;&amp;#039;&amp;#039;Document type:&amp;#039;&amp;#039;&amp;#039; | &amp;#039;&amp;#039;&amp;#039;R...&amp;quot;&lt;/p&gt;
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| [[:Category:Artefacts|Artefacts]]&amp;lt;br&amp;gt;[[:Category:Business Model|Business Model]]&lt;br /&gt;
| Competency linked to Cost&lt;br /&gt;
| Artefact&lt;br /&gt;
| User: Executive (any), Manager (any)&amp;lt;br&amp;gt;Subject Matter Expert: Business Analyst&lt;br /&gt;
| Business, Information&lt;br /&gt;
| Value (Purpose &amp;amp; Goal), Competency, Service, Process, Application&lt;br /&gt;
| Strategic, Tactical, Operational&lt;br /&gt;
| Leading Practice&lt;br /&gt;
|}&lt;br /&gt;
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== Introduction ==&lt;br /&gt;
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A competency is a cluster of related abilities, commitments, knowledge, and skills that enables a person - or an organizational unit, area or group – to successfully perform &amp;quot;critical work functions&amp;quot; or tasks in a defined work setting. Competencies often serve as the basis for skill standards that specify the level of knowledge, skills, and abilities required for success in the workplace as well as potential measurement criteria for assessing competency attainment.&lt;br /&gt;
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In order to capture costs related to competencies, Competency linked to Cost is built as a matrix. The matrix is a representation that shows the relationship of captured information between specific decomposed and/or composed cost and competency objects. The core idea of a Competency linked to Cost Matrix is that it typically consists of cost aspects in a list of columns, and another aspect is a set of competency columns (taken from the map), while the third and final aspect being the cross product between the rows and the columns.&lt;br /&gt;
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This allows for the Competency linked to Cost Matrix to relate (un)familiar objects to familiar objects in the different layers of an enterprise (composition discipline), usually in the form of a diagram, a table or a chart (e.g. rows and columns), thereby outlining direct (and possibly indirect) connection points between different kinds of objects while showing a common pattern of the objects and the relationship between them.&lt;br /&gt;
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For further information, please see:&lt;br /&gt;
# The [[Solution Topic:Competency Map|Competency Map]]&lt;br /&gt;
# The other [[:Category:Business Model|Business Model matrices]]&lt;br /&gt;
# The [[:Category:Artefacts|Artefacts]] and [[:Category:Business Model|Business Model]] categories&lt;br /&gt;
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== Competency linked to Cost ==&lt;br /&gt;
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The Competency linked to Cost Matrix provides you with a detailed overview of the cross relationships between costs and competencies (each identified with a unique name and ID number) that has been identified through the Competency Map, and then associated with the organizational units, areas and groups, enterprise capabilities, organizational functions, resources and actors, roles (organizational, service, process and application), owners (organizational, service, process, application/system, platform and infrastructure), and locations.&lt;br /&gt;
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[[File:Competency-linked-to-Cost.png|thumb|800px|Example of a Competency linked to Cost Matrix]]&lt;br /&gt;
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'''Document''': [[Media:Competency linked to Cost.pdf|Download the Competency linked to Cost documentation.]]&lt;br /&gt;
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[[Category:Business Model]]&lt;br /&gt;
[[Category:Artefacts]]&lt;/div&gt;</summary>
		<author><name>Admin</name></author>	</entry>

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