Tag Archives: Three lines of defence

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.

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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

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Filed under Articles, Assurance, Governance, Programme and Project framework