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Portfolio, Programme and Project Offices P3O: Key Capabilities

The document discusses Portfolio, Programme and Project Offices (P3O), which is an approach to supporting, controlling and assuring change initiatives. It brings together principles, processes and techniques to help project management offices provide a balanced portfolio and consistent delivery. P3O provides benefits like decision making support, optimization of resources, and reporting. There are also Foundation and Practitioner certification levels for P3O.

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AlyDeden
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108 views

Portfolio, Programme and Project Offices P3O: Key Capabilities

The document discusses Portfolio, Programme and Project Offices (P3O), which is an approach to supporting, controlling and assuring change initiatives. It brings together principles, processes and techniques to help project management offices provide a balanced portfolio and consistent delivery. P3O provides benefits like decision making support, optimization of resources, and reporting. There are also Foundation and Practitioner certification levels for P3O.

Uploaded by

AlyDeden
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Portfolio, Programme

and Project Offices P3O ®

• P3O supports and is aligned to PRINCE2®, MSP®, M_o_R® and MoP®. It brings
together a set of principles, processes and techniques to help the project management
office (PMO) provide a balanced portfolio of change and ensure consistent delivery of
projects and programmes across the business

• It provides a centre of excellence for the organization which includes the setting of
standards.

• It is a flexible approach to supporting, controlling and assuring change initiatives


because “one-size does not fit all” and your version of a P3O must be matched to your
organizations situation and needs.

Key Capabilities

Support business outcomes Enable business change Manage risk in line with
business needs

Optimize customer Show value for money Continually improve


experience
Benefits of P3O
• Information and advice for senior management decision making on:
• strategic alignment
• prioritization
• resource utilization
• risk management
• Identification and realization of business outcomes and benefits
• Optimization of resource to successfully deliver business objectives
• As a single source of “truth” on the status of all the change initiatives in
the portfolio

• Timely and accurate reporting that is easily understood by all stakeholders


• Successful delivery of projects and programmes that enable benefits
realization, within time, cost and quality restraints.

About the certification scheme


• P3O best practice is supported by the core guidance publication and a two-tier certification scheme,
Foundation and Practitioner

• The purpose of the Foundation certification is to confirm that a candidate has sufficient knowledge and
understanding of the P3O guidance to interact effectively with, or act as an informed member of, an office
within a P3O model. Foundation is a pre-requisite for the Practitioner certificate.

• The purpose of the Practitioner certification is to affirm that the candidate can design, implement, manage or
work within any component office of a P3O model. A successful candidate will have an overall understanding
of the elements, roles, functions and tools and techniques deployed in a generalized P3O model.

Interested?
Visit www.AXELOS.com/P3O to find out more information and search for a training provider.

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