Showing posts with label p3mg. Show all posts
Showing posts with label p3mg. Show all posts

Tuesday, 10 May 2016

Every Journey needs a Roadmap


Maturity models are extremely valuable in establishing an organisation’s current capabilities in project, programme and portfolio management (P3M) and providing a roadmap for future improvement. With uncertainty still hanging over the PMI’s OPM3 model, AXELOS’ Project, Programme and Portfolio Management Maturity Model (P3M3®) is now the leading global P3M maturity framework and p3m global, an AXELOS Consulting Partner (ACP), have discovered a bitesized way for you to benefit from it.

Last year (2015), AXELOS made some major revisions to P3M3, expanding it in both breadth and depth by including such additional elements as commercial management, asset management and behaviours. It has also been restructured to enable common ‘Threads’ across each of the Project, Programme and Portfolio models to be evaluated, in order to better diagnose areas of improvement across the Seven Perspectives. Lastly, the authors have deliberately improved alignment with other (non-AXELOS) methodologies and bodies of knowledge to make it more appealing for PMI/IPMA aligned organisations.

At a high level this new version (v3) is compatible with the previous version (v2) such that scores from 0 to 5 across each of the Perspectives remain valid. It is at this high level where significant value can be obtained from very little investment.



The AXELOS P3M3 Model


Within a few days, a facilitated self-assessment from p3m global can provide a good initial evaluation of an organisation’s capabilities in project, programme and portfolio management ensuring that it doesn’t have to cost a lot to find out where you are.


So why do one?
  • Map your route (and know why you’re going!): Evaluating and benchmarking current levels of P3M by discipline (Perspectives and Threads) can help justify the business case for improvement initiatives and provide clear performance metrics for these improvements in the future. Moreover, its structure can provide a convenient roadmap to success.
  • Stick to what’s important to YOU: Focus the improvements required to achieve levels that are desirable and appropriate to your particular organisation. There is no point in investing in the parts of P3M3 that your organisation does not value.
  • Wear the badge: a rapid, facilitated self-assessment can quickly establish a P3M3 maturity score for your organisation that can be easily translated to a full, official certification when you are ready, showing your customers and partners that you are serious about P3M.
  • Unlock the benefits of improved P3M maturity:
    • improved selection and delivery of the organisation's portfolio of projects and programmes ('doing the right projects and programmes' and 'doing the projects and programmes right')
    • improved realisation of value from investments
    • improved quality of deliverables leading to improved customer satisfaction
    • easier to maintain control of projects and programmes leading to improved employee satisfaction
    • improved predictability leading to better financial forecasting 


Will all this on offer for a fraction of the cost of a traditional CMMI or OPM3 assessment it’s not surprising that P3M3 is starting to take off.



Contact the p3m global team for details on +44 (0)1962 676 321 or email sales@p3mglobal.com

1 week assessment slots are currently available throughout June and July, contact the team today to ensure you don't miss the opportunity!




Tuesday, 16 February 2016

Delivering Successful PMOs: Chapter 11 Lessons Learned Extract










Delivering Successful PMOs is the debut publication from p3m global, CEO, Ray Mead.

The book explores, from proven practice and live application how to do the right things, in the right way, in the right order, with the right team and identify what makes a good PMO leader.

Below is an extract from Chapter 11: Lessons Learnt.

Delivering Successful PMOs is available to buy online here



Chapter 11
Lessons Learned

The authors have certainly ‘lived’ the experience (and in fact more than one experience) of developing and deploying a significant PMO and from these experience comes the framework for a PMO life cycle as previously explained. Also from this comes a number of ‘lessons learned’ that you should consider in your own PMO development.

Lesson One: Get Help

As has been already discussed the reality out there in ‘PMO land’ is that there is not a plethora of wise and experienced PMO managers, directors, leaders, heads, etc., and so it is sensible for anyone who is engaged to help an organisation set up a new PMO or advise on improvements to an existing PMO to reach out for some help.

The risk to not doing so is to, at the very least, slow the return on investment of the new PMO down. With a practical framework for guidance, such as this book, and a supporting experience coach then the organisation benefits that have led to the PMO investment will be secured in an optimum time frame and with reduced risk of failure.

This book is aimed as one source of aid, inspiration and guidance, so ‘well done’ for starting the process with the right attitude.

In addition this is what the authors, and others, do for a living so professional consultancy is another way to improve your chances of success with that PMO project.

And there are communities you can connect to – on LinkedIn, through the project management bodies such as PMI and APM, etc. Do your research before jumping on too deeply.