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What is P3O? P3O stands for Portfolio, Programme and Project Offices and is the latest guidance to be developed by the Office of Government Commerce (OGC). A P3O model provides a decision enabling/delivery support structure for all change within an organisation. This may be provided through a single permanent office which may exist under several different names such as Support Office, Portfolio Office, Centre of Excellence, Enterprise or Corporate Programme Office. It may otherwise be provided through a linked set of offices (portfolio office, programme offices, project offices), both permanent (enabling/supporting business objectives and consistency of delivery) and temporary (enabling/supporting specific programmes and projects), providing a mix of central and localised services.
Book your P3O course here or see below for more details:
OGC's PRINCE2, Managing Successful Programmes, and Management of Risk all touch on the need to provide adequate support structures for these best practices. However, until now, there has been no single source of this information that either organisations or individuals can go to to find guidance or advice on setting up or running an effective delivery support office in alignment with OGC's Best Practice guidance.
This new guidance will bring together in one place a set of principles, processes and techniques to facilitate effective portfolio, programme and project management through enablement, challenge and support structures. These structures also bridge the gap between the strategy/policy makers and the delivery arm of the organisation.
The purpose of the Portfolio, Programme and Project Office (P3O) guidance is to provide universally applicable guidance that will enable individuals and organisations to successfully establish, develop and maintain appropriate business support structures that will allow:
- Informed senior management decision making on strategic alignment, prioritisation, risk management, optimisation of resource etc to successfully deliver their business objectives (portfolio management)
- Identification and realisation of business outcomes and benefits via programmes
- Successful delivery of project outputs that enable benefits within time, cost and quality restraints
The guidance will provide:
- An Introduction to P3Os - Discussing why, when and how to use P3O models including the difference between portfolio, programmes and project environments and their different requirements
- Value - What value P3Os can bring to the organisation including a business case, funding models and performance measures
- Model - An overview of the different P3O models with examples
- Functions and Techniques - Details on the functions/services and techniques/tools used by units of a P3O model
Available Training AFA has delivered accredited training for over 10 years and due to customer demand have added the P3O qualifications to our portfolio. Courses available are;
P3O Overview P3O Foundation Course P3O Practitioner Course P3O Foundation to Practitioner Conversion Course
A limited number of places are available on our P3O open courses, please book early to avoid disappointment.
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Below is a list of upcoming courses;
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