What is P3O®?

P3O® guidance (Portfolio, Programme and Project Offices) provides a decision enabling/delivery support structure for all change within an organisation. This guidance –aligned to Axelos PRINCE2, MSP, and M_o_R – brings together in one place a set of principles, processes and techniques to facilitate effective portfolio, programme and project management through enablement, challenge and support structures.

A Portfolio, Programme and Project Office model will equip an organization with the structures, tools and techniques it needs to ensure it has the right programmes and projects in place and ensures consistent delivery of programmes and projects across the organisation.

This may be provided through a single permanent office which may exist under several different names e.g. PMO, Portfolio Office, Centre of Excellence, Enterprise or Corporate Programme Office. It may otherwise be provided through a linked set of offices (portfolio office, programme offices, project offices), both permanent (enabling/supporting business objectives and consistency of delivery) and temporary (enabling/supporting specific programmes and projects), providing a mix of central and localized services.

ORGANIZATIONS

Improve your Business with P3O

  • Establish, develop and maintain appropriate support structures to facilitate decision making, benefits realization and successful delivery of projects and programmes.
  • Assure that a joined-up set of outcomes and benefits is measured, managed, monitored and refined to ensure that optimal investment and strategic goals are achieved.
  • Deliver strategy, reduce benefits loss and deliver programmes and projects more effectively.
  • Provide assurance, coaching and mentoring to build a workforce capable of first-class programme and project delivery.
  • Protect revenue and spend while enhancing value for money.

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INDIVIDUALS

Improve your PMO & Career with P3O

  • Ensure consistent delivery of projects and programmes and meet business objectives through effect use of resources.
  • Develop capability, capacity and risk models to suit the organizational maturity culture.
  • Help identify potential opportunities to be realized, exploited or enhanced as part of risk analysis.
  • Ensure that the strategies and performance requirements of your organization are realized via projects, programmes and operational business units.
  • Improve organizational accountability, decision making, transparency and visibility.

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P3O Benefits

  • Increases the project management effectiveness of the organization through appropriate support structures.
  • Bridges the gap between strategy/policy makers and the project delivery arm of the organisation, ensuring that the portfolio is aligned to the strategy and resources optimized for the scope.
  • Facilitates the identification and realization of business outcomes and benefits via programmes.
  • Better resource management thanks to the predictability of delivery in terms of time and cost.
  • Facilitates the visibility of progresses, issues, problems and failures.
  • A common language and central standards reduce start up time and leads to consistency of approach and delivery.
  • Facilitates a faster and appropriate decision making thanks to a structured governance enabling clarity of decision making, escalation rules and routes.
  • Enables business growth as well as sustaining operational delivery through change by reducing the programme and project delivery timescales and by identifying the bottlenecks – resource, money etc

P3O Elements

The guidance is explained in the following key elements:

  • Models and Tailoring
  • Tool and Techniques
  • Roles

Literature and Business Books

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Case Study
and White paper

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CONSULTANCY

Customize the P3O method to your needs

QRP International is a company dedicated to providing consultancy and mentoring through P3O certified consultants, to improve either your individual or organisational capability.

In addition to training, we provide a complete solution to ensure that the standards of the method are embedded and customised to your business environment.

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MORE INFORMATION

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