What is P3O? (Portfolio, Programme and Project Office)
By Steve Twine
What is P3O?
The acronym is cryptic – the substance is more straightforward. This is a new set of Best Practice guidance from the OGC for Portfolio, Programme and Project support functions. The emphasis is on generic approaches applicable to all organisations so the OGC has avoided the more limiting but more familiar terminology of Programme & Project Support Office (PPSO).
Why Might it Help Me?
Organisations which run multiple projects to drive business change usually require a support function which can provide key expertise and co-ordination. There are different approaches and this is recognised by P3O. These new Guidelines bring together a set of principles, processes and techniques to facilitate effective portfolio, programme and project management by proposing proven support structures, roles and responsibilities.
There are well established approaches to the PPSO but this new guidance is specifically formulated to align as fully as possible with the other OGC methodologies – PRINCE2, MSP, and M_o_R.
When’s it Available?
The full Guidance document or manual is published as of November 2008. As with PRINCE2 and ITIL there is an overview book (“Think P3O”) and a pocket book.
Training & Certification
There is a Foundation training to embed core understanding of the methodologies, and Practitioner training to cover application of P3O to real life situations. The Foundation training and exam is available as of November. It is run as either a 2 or 3 day course with a multiple choice exam taken on the final day.
Steve Twine is founder and Managing Director of Focus on Project Management Focus is a fast growing training organisation that specialises in project management. Focus works in association with most of the leading accredited providers of PRINCE2, APM and PMI training.
The Focus website provides you with impartial accreditation advice and access to the widest choice of project management courses in the UK.
Steve has led complex and high profile international projects for Ford and other major players within the motor industry. He is also an accomplished trainer.