What is P3O?

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Portfolio, Programme and Project Offices (P3O®) was first published in 2008 and more recently revised and published in 2013. The guidance is accompanied by an associated certification scheme.

A P3O model provides a decision enabling/delivery support structure for all change within an organization. This may be provided through a single permanent office which may exist under several different names, for example Portfolio Office, Centre of Excellence, Enterprise or Corporate Programme Office.

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Purpose

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The purpose of P3O is to provide universally applicable guidance that will enable individuals and organizations to establish, develop and maintain appropriate business support structures.

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The benefits of P3O are as follows:

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• Informed senior management decision making on factors including strategy, prioritization, risk management and optimization of resources in order 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.

 

Guidance

 

The guidance provides:

• An Introduction to P3Os - why, when and how to use P3O models including the difference between portfolio, programmes and project environments and their different requirements

• Value of a P3O - shows the value P3Os can bring to the organization including a business case, funding models and performance measures for establishing a P3O

• Models - an overview of the different P3O models with examples

• Functions and techniques - details on the functions/services and techniques/tools used by units of a P3O model.

 

 

 

P3O Courses