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Copyright Novare Consulting
Novare ConsultingP3M3
Sponsored by AXELOS and APMG
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Our Certifications
Certified by leading, internationally-recognised professional bodies to provide consultancy, training, coaching and mentoring
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P3M3® is a trademark of AXELOS Limited, used under permission of AXELOS. All rights reserved.
Topics
What does good look like? What is P3M3? P3M3 Approach Undertaking a P3M3
Assessment Results and
Recommendations
Project, Programme and Portfolio Management Maturity Model
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The Challenge• Delivering a complex range of challenging
projects and programmes as part of a portfolio
• Not all of them succeed• Desire to measure the maturity of
approach to portfolio, programme and project management
• Using an impartial and independent approach to assess management maturity
• To secure recommended actions to strengthen performance
How can we improve our
PPM performance?
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Projects Programmes and Portfolios
What does good look like for each of these 3 levels?
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What Do Good Projects Look Like?• On time delivery?• On budget delivery?• No quality issues?• Benefits realised?• Scope delivered including
approved changes?• Risks managed so no
issues?
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What Do Good Programmes Look Like?How do you measure what good programmes look like?• All projects successful?• Stakeholders satisfied?• Overall programme’s future
state realised?• Strategic objectives
achieved?• Business performance
improved?• Transformation achieved?• Benefits realised?
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What Do Good Portfolios Look Like?How do you measure what good portfolios look like?• Well chosen projects and
programmes?• Balanced prioritisation of resources?• Organisation’s stakeholders satisfied?• Projects and Programmes stopped
when no longer adding value?• Change balanced with business as
usual?• Delivered within risk appetite of
organisation?
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Purpose of Maturity Models• Assess maturity of projects,
programmes or portfolios to improve performance
• Measure against 1 or more of the perspectives to identify areas to improve
• Outputs provide an assessment of the organization’s strengths & weaknesses and a rating against an international standard
• This information can be used to build an improvement plan
P3M3
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Levels Of P3M3 Maturity
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P3M3 Model & 7 Perspectives
Seven Perspectives
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The P3M3 PerspectivesManagement control
Benefits management
Financial management
Stakeholder engagement
Risk management
Organizational governance
Resource management
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Overall Assessment• Each perspective• Each Level• Assessed across multiple
examples• Against P3M3 guidelines
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But Organisations are Different!
Our P3M3 Assessments consider the context of the organisation
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P3M3 Consultants Use Threads To Assess Each Perspective
ASSET MANAGEMENT ASSURANCE BEHAVIOURS
COMMERCIAL(PROCUREMENT)
COMMERCIAL(SELLING)
INFORMATION & KNOWLEDGE
MANAGEMENTINFRASTRUCTURE
& TOOLSMODEL
INTEGRATION
ORGANIZATION PLANNING PROCESS STANDARDS
TECHNIQUESOptional Threads
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Example: Resource Management Attributes• Resource identification and analysis • Resource planning • Resource management expertise is
available to support project teams • Capacity and demand management • Resource profiling • Resource frameworks/recruitment • Defined sets of responsibilities for each
role • Resource utilization and performance
reporting Our detailed P3M3 assessments explore and report on these attributes
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P3M3 Assessment Scope
P3M3 Assessments triangulate information from a number of sources
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Typical Assessment Approach• Scoping Workshop • Assessment Workshops to discuss SWOT• Assessment plan and schedule• Review processes and documents• Interview relevant personnel including
governance• Compile report and scoring of
assessment• Prepare Improvement Plan• Report back to key stakeholders
Conducted by experienced Novare Consulting practitioners
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Example Portfolio Level Maturity – Organisational Governance
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Recommendations and Change• Recommendations create the need for
change• Create a realistic future state in terms of
maturity• Engage with stakeholders to develop a
plan and agree the benefits• Deliver some quick wins and sustain the
momentum• Typically takes 12-18 months to move up
a level
Novare Consulting core services are aimed at improving PPM performance
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Novare ConsultingBooths Hall
Chelford RoadKnutsford Cheshire
WA16 8GS
www.novareconsulting.com
T: 0161 926 1840F: 0161 926 1844
We hope that you enjoyed the workshop
Novare ConsultingBooths Hall
Chelford RoadKnutsford Cheshire
WA16 8GS
www.novareconsulting.com
T: 0161 926 1840F: 0161 926 1844