Tag Archives: P3M3®

High performing organisations – does this sound like you?

raft raceWe were undertaking a review of what we had seen and learned over the last year, and one of the main developments was the emergence of organisations achieving P3M3® level 3 and 4 ratings.

There have been some interesting discoveries about the characteristics of these organisations, beyond what we had anticipated. Some of the characteristics took us by surprise as they were more around moods and behaviours that were less tangible, we could almost “feel” the positive energy.

We have analysed dozens of organisations through our work with P3M3. We thought it would be useful to share some of the characteristics of those that stand out from the crowd, in no particular order.

  1. Self critical and restless: Organisations that are on the improvement projectory are continually dissatisfied and impatient, they are looking at where further improvements can be made and willing to take risks to achieve better performance.
  2. Learning organisations: They do not pay lip service to learning lessons and most importantly, they do not wait for a failure before looking for the new opportunities, they will analyse successes as well to differentiate performance from luck
  3. Measuring performance: They don’t just gather data in reports for the sake of it, they analyse it and use it to being good enough is rarely enough, they analyse their data and turn it into an asset.
  4. Educating their people: They don’t just send them on courses, they seek to develop their knowledge to underpin performance improvements from increasing confidence as part of a professional development strategy.
  5. Respecting assurance: They see this as an opportunity to avoid unnecessary failure and an opportunity to learn. Many organisations pay lip service to this and are grateful for a non-critical report, the high performers are much more demanding.
  6. Curating knowledge: They see knowledge as the foundation of power to improve and to do this they will implement tools and systems that enable them to not just store information but to interrogate and proactively broadcast it to an organisation that is listening.
  7. Clear lines of authority: Enable them to make the right decisions at the right time, sometimes they may be bound by their industry and regulation but they will have optimised themselves to function as best they can.
  8. Knowing their own limitations: They will know their limits of capability and competence, this will enable them to make balanced risk based judgements so that they do not get out of their depth unexpectedly.
  9. Committed leadership: They will have leaders who are committed believers, they will provide support and encouragement to teams to follow the proven working practices, but they will flex and adapt when needed. Lower performing leaders abandon proven practices and panic when trouble threatens or stick to them rigidly.
  10. Standing on the shoulders of giants: They don’t make the same mistakes as others, they investigate the solutions to problems and use proven solutions rather than inventing their own routes to failure through guesswork.
P3M3® is a [registered] trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

Leave a comment

Filed under Aspire Assess, Uncategorized

Close up on P3M3

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 this link and ‘save as’ to download the interactive overview, please view it in either Acrobat or Adobe Reader.

We have also put together a video to take you through the history and concepts behind P3M3, we hope you will take a look.

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

Leave a comment

Filed under Maturity Assessments

Developing Programme Management Frameworks

No organisation can successfully deliver programmes and projects without an effective framework. Our work on developing the maturity model P3M3® and undertaking assessments of over 100 organisations enabled us to review a wide range of processes, guidance and tools that are used across a range of sectors.

We found:

  • Incomplete frameworks with inadequate lifecycles
  • Frameworks that replicate manuals and basic theory but add no value
  • Roles and responsibilities that are generic, confusing or conflicting
  • Themes, such as risk, that are not connected to the lifecycle or sit in isolation
  • Generic role definitions with no application of the responsibilities
  • Templates that bear no resemblance to the lifecycle or processes
  • Little connection between programme and project management systems
  • Portfolio Management frameworks that fail to address balancing priorities

To overcome this we developed our own Align Framework® and offer it as a fully supported package. If you would like to find out more about the Align Framework®, click here

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

Leave a comment

Filed under Align Framework, Business Project Management, News, P3M3®, Portfolio Management, Programme & Portfolio Office, Programme and Project framework, Programme Management, Project Management

Ever wondered how you become a thought leading company?

Anyone can claim to be at the leading edge of the industry or a thought leader, but not many people back themselves and go into print as authors, even fewer get the backing of one of the world’s leading publishing companies such as The TSO.

Why not check out some of the books that we have written.

Managing Successful Programmes 2011

The lead author was Aspire Europe Managing Director, Rod Sowden and was supported by Geof Leigh, Aspire Assess Director. Together they wrote both the 2007 and 2011 versions of the manual for the OGC and Axelos and helped to establish MSP® as the de facto standard for programme management around the world.

MSP® Survival Guide for Senior Responsible Owners

This was jointly written by Rod Sowden and Nick Carter (one of our lead trainers) who had a significant track record as an SRO himself. It addresses the needs of new SROs who come into an intimidating environment and are expected to take full accountability for what is going on. The book is designed to help them keep their ship steady and navigate it safely to an acceptable destination.

MSP Survival Guide for Business Change Managers

This was the first in the Survival Guide series and the first of the publications intended to enhance the MSP® body of knowledge by focusing on the roles, tasks and techniques of each of the roles. The author was Rod Sowden with support from a number of the Aspire Europe team. The book was published in 2015 and filled in many of the gaps that link MSP® to business change and business architecture environments.

MSP Survival Guide for Programme Managers

This book was written jointly by Rod Sowden and Geof Leigh with support from the internal team. Published in 2016, the book developed a number of the concepts around MSP® and rewrote them for the benefits of programme managers new to MSP® and included large amounts of new materials to help set up programme governance and programme offices.

The Practical Guide to Project Planning

This book was written by Rod Sowden with the help of Tom Ford. It started life as a set of guidance for one of the Aspire Europe customers, developed into a course and finally became a book. It came as a result of P3M3 assessments and spotting a systemic problem with planning  in most organisations.  It is a global epidemic, so we wrote the book to help pull all the threads and concepts together into one practical guide which pulls the best out of many bodies of knowledge from around the world.

Portfolio, Programme and Project Management Maturity Model (P3M3®)

This is the product which changed the industry. From Version 1, the academic framework developed in 2005 to becoming a globally recognised and internationally adopted standard for measuring performance by 2015. Version 2 in 2008 was developed by Rod Sowden as the lead author, and the update released in 2015 had joint lead authorship with Andy Murray (Outperform and PRINCE2® lead author). In addition, Geof Leigh developed large sections of the model, Sam Jenkins was heavily involved in reviewing and testing the new model, Claire Rookes was the project manager and most members of the team were absorbed in some aspect of review and development.

If you can find an organisation that has contributed more to the industry, we are looking forward to finding out who they are.

9237 IBP Stamp_Author WHITE

MSP®,P3M3® and PRINCE2® are [registered] trade marks of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

Leave a comment

Filed under Aspire Academy, MSP®, P3M3®

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.

Leave a comment

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.

1 Comment

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.

Leave a comment

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