P3O instead of PMO?
In the near future, the name of your project management office may be changed to the P3O – Portfolio, Programme and Project Office.
And that’s all because of a project conducted jointly by the OGC, TSO and APMG. The aim of this project, whose first result we should see this summer, is to create guidelines and a set of best practices on organizational units supporting projects, programs and portfolios of projects in the organization. Because the OGC, TSO and APMG are involved in this project, P3O will comply with standards including PRINCE2, MSP, M_O_R, ITIL.
What will we get as P3O initiative deliverables?
- P3O business case, how P3O provides value to the organization, useful for those PMOs where they are seen as cost centers,
- How to build P3O, which model to use, how adjust the P3O to size of the organization / number of projects and programmes in the portfolio?
- The life cycle of P3O
- Measures of P3O efficiency
- Tools for P3O
The idea of creating an official model of P3O is very interesting and necessary, this knowledge won’t be available only for few any longer. Existing offices will get a powerful tool that will help them in further development (P3O model allows to benchmark with others), and they can use it also to internal marketing within their organization.
Here are a few more details about P3O:
P3O – presentation by Sue Vowler
Presentation notes
Related posts:
- Typical Project Management Office (PMO) Not so long ago I wrote about OGC plans...
Tags: ogc, p3o, pmo, prince2, Project Management Office
Nice blog, i have added it to my favourites, greetings
I have a couple of responses to the new guidance – P3O – I’ve been blogging about each P3O chapter if people want a further insight before they buy:
http://projectcentric.co.uk/how_to_manage_a_camel/project_management/p3o/
I also volunteer for the PPSOSIG – which is the Programme and Project Support Office Specialist Interest Group – a mouthful I know! The PPSOSIG is dedicated to this field and we’re looking forward to our next conference where we will be examining the P3O guidance a little closer. For anyone who is currently working within this field – http://www.ppsosig.co.uk for more details. The events attract a lot of PMO professionals so its great for networking ( and being a little nosey about what other organisations are doing in the PMO area)
Hi Liindsay,
I’ve read your blog and i liked it, especially those posts about p3o. I have to buy p3o books. I’ll do it next week.
Brgds.
Mateusz