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.

How to achieve Integrated Assurance?

Integrated Assurance is a very popular topic at the moment; however, most organisations have a fragmented approach to how it 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
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.

What is Integrated Assurance?

Integrated Assurance is a term that has become common parlance over the last 5 or 6 years. The origins of the concept were the UK government monitoring of the London Olympics. It was such a complex programme with so many governance bodies wanting to satisfy themselves that everything was going well that people with in the programme were almost professional interviewees.

However, there is little definition around what integrated assurance actually is, for those of you that have an interest in this, we have found this useful article by KPMG that provides a useful overview of the “Three lines of defence” concept.

Enjoy

Solving the Riddle of Integrating Assurance

Integrated Assurance is a very popular topic at the moment; however, most organisations have a fragmented approach to how it 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
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

Building integrated assurance around P3M3®

Integrated Assurance is a very popular topic at the moment; however, most organisations have a fragmented approach to how it is achieved. To have an integrated approach requires multiple layers in the organisation to function coherently, This article explains how to achieve this integration, click here

P3M3® is a registered trademark of AXELOS Limited.

What is Integrated Assurance?

Integrated Assurance is a term that has become common parlance over the last 5 or 6 years. The origins of the concept were the UK government monitoring of the London Olympics. It was such a complex programme with so many governance bodies wanting to satisfy themselves that everything was going well that people with in the programme were almost professional interviewees.

However, there is little definition around what integrated assurance actually is, for those of you that have an interest in this, we have found this useful article by KPMG that provides a useful overview of the “Three lines of defence” concept.

Enjoy

Confidence assured

Integrated assurance – what is it, why do it and do you need it? Association for Project Management, the largest professional body of its kind in Europe, says it should not be an optional extra but an essential part of good governance.

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