P3M3®

Summary

As we have highlighted throughout the site, 4OC is committed to supporting effective business transformation and programme delivery in public service organisations. One of the tools that we use to deliver real, quantifiable benefit is the Portfolio, Programme and Project Management Maturity Model (P3M3®).  P3M3®, from the same family as PRINCE2, is now the key standard in assessing the development of your organisational management maturity.

So how can we help?

4OC are an Axelos Consulting Partner using this P3M3® methodology to provide a framework within which you can assess your current performance and put in place improvement plans with measurable outcomes based on industry best practice.

We have already worked with a range of organisations in the public service sector identifying where capability development is needed. This primarily involves the project, portfolio and programme disciplines key to the successful delivery of organisational change.

Our approach is to sit with your senior management team and help develop both the programme and the change skills in your organisation essential for the delivery of new ways of working. Skills that are increasingly crucial in the fast-changing digital age in which we live and work.

What differentiates us is that we also have a huge amount of opP3M3 Reporterational and programme delivery experience from executive through to delivery roles, so our approach to this service is not based only on applying a theoretical model. We understand how to design and implement small projects through to cross-organisational programmes. This enables us to help with some of the very practical aspects of delivering change.

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Features

What we aim to do is support you in building a mature programme, project and portfolio management capability. Our service will provide you with a framework to benchmark your current performance and to plan for improvements when managing and delivering change.

P3M3® provides three distinct maturity models, that can be used together or separately, to focus on specific areas of your business or, more generally, to help you assess the relationship between your portfolios, programmes and projects.

This maturity is described by a five-level framework, wherein each level identifies how well your organisation has embedded portfolio, programme and project management processes:

Level 1: Awareness of process

Level 2: Repeatable process

Level 3: Defined process

Level 4: Managed process

Level 5: Optimised process

At the end of the the assessment we will deliver a focused report that will help you understand your current levels of capability against an agreed set of parameters.

You will also receive a roadmap, which depending on the type and depth of assessment undertaken, will pinpoint the areas areas that need to be addressed in your organisation to ensure more consistent and effective project, programme and/or portfolio performance into the future.

Benefits
  • Helps you to decide what maturity level you need to achieve to meet your business needs
  • Creates a reliable PPM (portfolio, programme and project management) capability baseline against which improvements in PPM capability performance can be objectively measured
  • Focuses investment on those aspects of PPM that will yield the best improvements
  • Compares your organisation against accepted maturity levels that can be certified
  • Enables comparison of capabilities between organisations
  • Provides you with a plan for continual progression
  • Focuses on your organisation’s maturity, not specific initiatives (it's possible to run good programmes and projects without having high levels of maturity – but not consistently)
  • Provides an objective assessment of strengths and weaknesses
  • Demonstrates service quality to support proposals to prospective clients
  • Reduces costs and increases benefits delivery in PPM
Focus Areas

We are interested in supporting you and your organisation in developing and demonstrating the capabilities required to deliver substantial change. We have developed an approach to undertaking P3M3 assessments that we think is best suited to your business.

Our aim is to very quickly provide you with some quantifiable value by addressing the key issues that you identify as areas of concern. The P3M3 approach, and in particular how we apply it, is very flexible and can be moulded to provide feedback and advice on the specific areas of interest to you. We can provide this feedback and advice within a short engagement.

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Capability maturity is a journey that has demonstrated significant benefits to individuals, teams and to organisations. However, it is a journey. We have a track record of working with managers to quickly identify and prioritise those disciplines that will support you in a transformation that will deliver significant value to the organisation and the people involved.

To see more on our Managed Self-Assessment, click HERE

To see more on the Total Diagnostic Assessment, click HERE

If you would like to chat to 4OC about how P3M3® can help you focus on the right areas, improve effectiveness and deliver savings, contact us using the form above and John will get back to you asap.