Integrating Assurance to Save Money and Time

Assurance – is it a bureaucratic burden or an effective way to avoid failure? It will largely depend on whether you are in a team being challenged or an executive with personal accountability for the result.

Most organisations have a fragmented approach to how integrated assurance is achieved. To have an integrated approach requires multiple layers in the organisation to function coherently. This article explains how to achieve this integration.

The three tier approach clarifies how the models (and terms) fit together:
  1. Organisational capability – assessed using P3M3® and identifies your systemic strengths and weaknesses which can be addressed. To download an interactive overview of P3M3, please click here
  2. Programme and project viability – assessed by independent or peer assurance to provide an objective assessment of the likelihood of success
  3. Gate reviews – line management decisions on whether to continue to invest in the idea
P3M3® is a [registered] trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

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Filed under Articles, Aspire Assess, Assurance, Knowledge Nugget, Learning, P3M3®

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