P3M3 Assessment Gain a measure and understanding of your organisation’s current capabilities

Undertaking a P3M3®Assessment

If your organisation struggles to deliver projects and/or programmes successfully but are not sure why, or how to go about making improvements, then a P3M3® assessment is the best place to start. A high-level assessment can be conducted within a very short timeframe, from which you will gain a measure and understanding of your organisation’s current capabilities in project, programme and portfolio management (the three Ps).

P3M3® is an acronym for ‘Project, Programme and Portfolio Management Maturity Model’ and sits alongside the Axelos best practice standards for project, programme and portfolio management (PRINCE2®, MSP® and MoP®) as the most widely recognised standard for measuring an organisation’s capabilities in these three disciplines.

P3M3® Structure

The high level structure of P3M3® consists of three ‘models’ and seven ‘perspectives’: Each model and perspective combination is evaluated and scored from 0 to 5.

Approach

The assessment (conducted over an agreed timeframe, either onsite or remotely) achieves three outputs:

1)  How good are you today? Through a number of interviews with key staff I will provide P3M3® scores which will quantify your current capabilities, along with commentary to describe the strengths and weaknesses behind the scores.

2)  What good would look like? I will provide a Vision of ‘what good would look like’ for your organisation, in order to achieve higher scores.

3)  Recommendations on how to bridge the gap. I will provide a list of recommendations, which, after being implemented (preferably as a business improvement programme), will enable you to gain the vital benefits of reliably selecting and delivering an optimised portfolio of projects and programmes on an ongoing basis, which will be reflected in improved P3M3® scores, in the not too distant future.

P3M3 Assessment Score Sheet

Process

Assessments follow the process below:

1)     Conduct a scoping/kick-off meeting.  A meeting to finalise the breadth and depth of the assessment, agree the plan (people involved and timings) to complete the assessment and provide awareness of the format of the final report.

2)     Desktop review. Current project management framework documents (policies, processes, procedures, templates, tools, etc), are reviewed.

3)     Workshops with stakeholders. Workshops are conducted, as one-to-one and/or group sessions. Within each session, an open discussion is facilitated to gain an understanding of how good project, programme and portfolio management practices are applied in relation to the organisation’s framework.

4)     Report compilation. The findings are compiled into a report which include the following:

  • P3M3® results – project, programme and portfolio management scores by perspective
  • Vision – a description of the desirable future state (what good would look like) that would ensure consistent project delivery and achieve higher PjM3® scores
  • Recommendations – what needs to be done to achieve the Vision

5)     Presentation of results. The results, vision and recommendations are presented to the stakeholders.

Let's talk

I am conveniently based in Milton Keynes and have a very good track record of implementing simple frameworks (of processes, tools and templates) into small and large businesses throughout the UK, across many industries, which greatly improve value from investments. Get in touch or call me on 07725 950775

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