Virtual team members need to acquire specific competencies to ensure team success. In line with this, by establishing standards for selection the virtual team members can provide their successful performance that achieves organisational goals. The article focuses on a variety of factors that affect the professional competencies in virtual teams. It also suggests models for measuring such competencies. The authors also present an example of how the model may be applied. Namely, in case study this article focuses upon the capacities of a virtual organisation to form the project team the members of which will come from a virtual university, on the basis of knowledge and collaboration. Conclusion and recommendation are made for further research and improvements in this area.