P3O^® (Portfolio, Programme and Project Offices)

Overview:

Portfolio, Programme and Project Offices (P3O^®) is a Best Management Practice certification and is aligned to PRINCE^® 2, MSP^®, and M_o_R^®. P3O^® 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.

The purpose of the Portfolio, Programme and Project Offices (P3Os^®) guidance is to provide universally applicable guidance that will enable individuals and organizations to successfully establish, develop and maintain appropriate business support structures that will allow:

• Informed senior management decision making on strategic alignment, prioritization, risk management, optimization of resource etc to successfully deliver their business objectives (portfolio management)
• Identification and realization of business outcomes and benefits via programmes
• Successful delivery of project outputs that enable benefits within time, cost and quality restraints.

P3O^® Certification Roadmap:

The P3O^® Qualification Scheme has been developed to offer a tiered examination structure with basically two levels of qualification:

• Foundation
• Practitioner

P3O^® Benefits :

• 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.

• 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.