A future version of Moodle will launch an expanded competency-based framework for tracking student progress, knowledge and mastery of skills via your learning management system. There’s a great discussion about the features, roles, and structure that a good, usable system will have at Moodle.org (in this discussion thread).
Current plans and some details are available in the Moodle docs: https://docs.moodle.org/dev/Competency_Based_Education
Additionally Moodle is now seeking feedback using two surveys (one english the other french) for how the system should be designed, how you use competencies now, and how the details are reflected accurately in the Moodle Docs link above.
A link to both survey’s can be found here: https://moodle.org/mod/forum/discuss.php?d=316151#p1270140
Take the English language survey via this link: https://docs.google.com/forms/d/1T4ScNUsWSqKkA4-cVdXpO4R5dneaQ1vgcTtqnH-bCJM/viewform