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.
We thought it would be a good idea to revisit some of the guiding principles that underpin the world of portfolio, programme and project management. In a world of information overload it is very easy to lose sight of what matters.
Dependency Management really is one of the Dark Arts. It about the interfaces between initiatives. At a programme level it is what planning is all about, tracking how the inputs and the outputs of projects fits together. At the portfolio level it is even more complex as it is matching together inputs and outputs from programmes and projects.
In MSP® 2011 we introduced the concepts of Intra, Inter and External dependencies so here is the paper that defined the original concept and explains how they operate in a programme management environment.
MSP® is a [registered] trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.
Fresh Look – Is a series of articles taking a look at common topics to try to come up with some new ideas and insight into problems that seem to repeat themselves across many organisations.
In a world of information overload it is very easy to lose sight of what matters, so this is the first in a series of posts that revisit to remind about some core concepts so what could be more important than planning
One of the great mysteries of our profession is planning. For most of our clients, project and programme management is all about having a plan, and yet most of our professional qualifications don’t actually involve much planning, in fact some of them go out of their way to avoid it like PRINCE2.
So we shouldn’t really be surprised that so many projects run late or go wrong. There is a sequence to events that are needed to bring a good plan together. In this article we have set out this sequence for you to consider – Planning – back to basics
Now, if you are really interested in finding out more about planning and how you can improve your performance, check out our book.
Is your programme exhibiting any of these characteristics
- Project issues dominate the programme board
- Unidentified risks start to materialise a bit too quickly
- Benefits are rarely discussed
- The BCM lacks authority or purpose
- Many uncontrolled or unclear dependencies between projects and other initiatives start to manifest themselves
- Decision making is ad-hoc, reactionary or just slow
- Stakeholder resistance begins to increase and programme loses support
- Programmes either lack momentum or feel like a roller coaster
If that is the case, your programme probably does not have a blueprint, and is probably out of control.
In this article, we liken a programme a yacht and explain how it is not what you see on the surface that is providing the control, it is what happens below the waterline that is important.
If your programme is exhibiting any of these characteristics then this article is for you.
In this video, Rod Sowden the Aspire Europe Managing Director talks about Programme Lifecycles.
Hope you enjoy!
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We had hoped to produce another programme highlight report in September “Brexit – the biggest MSP programme ever” but despite careful monitoring of events, there isn’t any sign of progress towards any of the components of the Programme Brief that we have been waiting for, namely:
- Vision Statement other than Brexit means Brexit, bit of debate around hard v soft Brexit
- Estimates of costs and timetable, except for article 50 will be triggered before March 2017
- Risks, although the mitigation for the plan currency value doesn’t seem to have worked
- Benefits – a totally blank space
In fact, the latest Stakeholder Engagement Strategy appears to be “no running commentary” and “no discussion in Parliament”.
So to help the government we thought it might be useful to have a go at helping with the benefits void by producing a benefits map of one of the outcomes, namely, lower immigration, which you can find here brexit-the-immigration-benefits-map
We have tried to be objective in this map and hopefully helps to illustrate the implications of one of the major pillars of the decision to leave, as neither economists or sociologists much of this is open to debate depending on your perception.
Welcome to the August highlight report for “Brexit – the biggest MSP programme ever”
In the aftermath of the Leave vote in June we thought it would be interesting to illustrate how the MSP® (Managing Successful Programmes) framework would cope with such a massive challenge, so we released the paper explaining this at the end of June, see this here, with our set of recommendations which proved very popular.
The events of July, whilst appearing random, fitted in almost perfectly with the steps in the MSP® programme process, so rather than produce another paper, we produced a highlight report which again proved really popular. August proved a little light on information due to everyone being on holiday, so we have included events at G20 within the report, some might say the stakeholders are revolting.
This is reflecting the reality of programme management, where there are commitments to major change without clarity of vision for stakeholders to buy into, if they aren’t going to be advocates then the only option is at best ambivalence or more likely adversary, neither of which will enable the guiding coalition needed to deliver such a massive programme.
Here is the video of the presentation Rod Sowden (Aspire Europe Ltd. Managing Director and lead author of the current versions of MSP® and P3M3®) recently gave at the PMIQLD April Chapter Event. The presentation was on – Expert insights into the European market for project, program and portfolio management.
MSP® and P3M3® are [registered] trade marks of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.