I think this is a pretty challenging concept, not in the sense that it's hard to understand, but in the sense that it may be hard to accept. This article looks at the UBC political science rich transcript, which does a few things over and above providing a list of the course grades. First, it presents an overview of the course contents in a word cloud. Second, and more significantly, it "captures a student's skills training across 23 areas by tallying the number of political science courses a student completed in which a specific skill was one of the course learning outcomes." It also describes the type of assignments completed and the student's participation in group work. It's problematic, at least to me, because the measures are outside the student's control. For example, the score of '6' in 'work effectively with others' isn't a grade, but merely the number of courses where this is identified as an outcome.
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