Category Archives: Knowledge Nugget

Why is learning from failure so difficult?

One of the great mysteries is why is it we keep making the same mistakes or doing blindingly stupid things. The P3M industry is just a reflection of wider society, as programmes and projects fail repeatedly for  the same reasons, yet each time it seems to come as a complete surprise.

TSO asked Aspire Europe to write the guest article for their website, so we decided to focus on this topic and share our insights. We hope you find the article useful

If just one word from this article triggers a thought or an idea that improves your performance at any time in the future, then it will have been worthwhile.

 

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Filed under Articles, Knowledge Nugget, Learning

“What’s your problem?” A guide to the benefits of Investment Logic Mapping

This guide by Ed Brown (Aspire Assess Director) outlines why you should use Investment Logic Mapping (ILM) and the good value the use of ILM will bring to your investments. They’re a powerful and extremely cost-effective way to bring shape and structure to your investment before you head off into expensive blind alleys.

If you find the article useful – please let us know

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Filed under Articles, Aspire Assess, business case, Business Project Management, Knowledge Nugget, Learning, News

MSP® Business Case in a Nutshell

Rod Sowden the Aspire Europe Managing Director (and lead author of the current versions of MSP® and P3M3®) talks about the Business Case chapter of the MSP manual.

Hope you enjoy!

Visit and Subscribe to our NEW YouTube Channel here

MSP® and P3M3® are [registered] trade marks of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

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Filed under Aspire Academy, business case, Knowledge Nugget, Learning, Programme Management, Vodcast/Video

5 lessons for the unwary – Agile PM

Over the last year or two we have reviewed a number of programmes and projects that are using an “agile” approach. There are a number of common problems that have come to light that should be of interest to any organisation setting out on an agile endeavour for the first time.

Agile, Lean or project management are not cures for unproductive or incompetent teams, weak leadership or poor performance management. All methods have their place and can add value and improve performance, but none on their own are a panacea as they all depend on the capability of the people involved.

This article sets out some of the key lessons that we have taken from our reviews.aspire-logo

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Filed under Agile, Articles, Knowledge Nugget, Project Management

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®

Download our P3M3® Interactive Overview!

As many of you will know, P3M3® is the world’s number one framework for assessing organisational maturity and performance in portfolio, programme and project management. If this is a new concept to you, click here for a quick introduction.

This free briefing (pdf) outlines the key concepts of P3M3. Right click and save as, this link to download the interactive overview, please view it in either Acrobat or Adobe Reader.

You may also be interested in our YouTube channel, which can be found here

 
P3M3® is a [registered] trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

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Filed under Knowledge Nugget, P3M3®

Overview of P3M3® threads [video]

In this video, Rod Sowden the Aspire Europe Managing Director (and P3M3®  joint lead author 2015) gives an overview of the P3M3 threads.

We hope you enjoy it!

Click here to visit our channel and keep an eye out for more videos coming soon.

P3M3® is a [registered] trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

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Filed under Aspire Assess, Assurance, Knowledge Nugget, P3M3®, Vodcast/Video