postheadericon What is P3O

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Why P3O®? A P3O® model provides a decision enabling and delivery support structure for all change within an organisation whether larger or small

It ensures that:

  • Programme and projects are selected and prioritised to ensure strategic objectives are being achieved.
  • The organisation has the capacity and capability to deliver the selected programmes and projects
  • Programmes and projects deliver the benefits needed to achieve strategic objectives
  • Help and guidance is provided for consistent , standardised  documentation and processes so that the organisation's performance can  continually improve.

Course Objectives: This course will enable delegate to:

  • Identify the most effective P3O® model to adopt to ensure strategic objectives are delivered.
  • Understand the value a P3O® can offer an organisation and how it can be measured.
  • Identify the functions and services a P3O® world offer.
  • Know the roles and responsibilities needed to effectively deliver a P3O® service.
  • Practice a range of strategic analysis and portfolio modeling techniques used within a P3O®
  • Understand the relationship between Strategic , Portfolio, Programme and Project Management.
  • Learn how to implement or re-energise a P3O®
  • Understand the business case for a P3O® and how it integrates with the P3O® Foundation Certification.

Pre-requisites None, but experience within a Programme or Project environment is desirable

Examinations

P3O Foundation Level Exam (50 Questions, 40 Minute Multiple Choice) 60% Pass Mark (30 correct answers), closed book.

P3O Practitioner Exam: Pre-requisite for this exam is a PASSED at P3O Foundation Exam. This is an open-book exam consisting of 7 questions with a total of 70 marks, to be completed within 2 1/4 hours. Candidates need to achieve a mark of 35 or more to pass.

Background to P3O
A P3O model provides a  decision enabling/delivery support structure for all change within an  organisation. 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.

It may otherwise be provided through a linked set of offices (portfolio  office, programme offices, project offices). These offices could be  permanent (enabling/supporting business objectives and consistency of  delivery) and temporary (enabling/supporting specific programmes and  projects), providing a mix of central and localised services.

OGC's PRINCE2®, Managing Successful Programmes, and Management of Risk all  touch on the need to provide adequate support structures for these best  practices. Until now there has been no single source of information that either organisations or individuals can use for guidance or advice on  setting up or running an effective delivery support office.

The guidance will provide:
An Introduction to P3Os - Discussing why, when and how to use P3O®  models including the difference between portfolio, programmes and  project environments and their different requirements
Value - What value P3Os can bring to the organisation including a business case, funding models and performance measures
Model - 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.