P3O Heads Up

What is P3O?applicable guidance that will enable individuals and
The acronym is cryptic - the substance is moreorganisations to successfully establish, develop and
straightforward. This is a new set of Best Practicemaintain appropriate business support structures that
guidance from the OGC for Portfolio, Programme andwill allow:
Project support functions. The emphasis is on generic- Informed senior management decision making on
approaches applicable to all organisations so the OGCstrategic alignment, prioritisation, risk management,
has avoided the more limiting but more familiaroptimisation of resource etc to successfully deliver
terminology of Programme & Project Supporttheir business objectives (portfolio management).
Office (PPSO).- Identification and realisation of business outcomes
Why Might it Help Me?and benefits via programmes.
Organisations which run multiple projects to drive- Successful delivery of project outputs that enable
business change usually require a support functionbenefits within time, cost and quality restraints.
which can provide key expertise and co-ordination.Course Summary
There are different approaches and this is recognisedA P3O model provides a decision enabling/delivery
by P3O. These new Guidelines bring together a set ofsupport structure for all change within an organisation.
principles, processes and techniques to facilitateThis may be provided through a single permanent
effective portfolio, programme and projectoffice which may exist under several different names
management by proposing proven support structures,e.g., Portfolio Office, Centre of Excellence, Enterprise
roles and responsibilities.or Corporate Programme Office. It may otherwise be
What's New?provided through a linked set of offices (portfolio office,
There are well established approaches to the PPSOprogramme offices, project offices), both permanent
but this new guidance is specifically formulated to align(enabling/supporting business objectives and
as fully as possible with the other OGC methodologiesconsistency of delivery) and temporary (enabling
- PRINCE2, MSP, and M_o_R.supporting specific programmes and projects),
When's it Available?providing a mix of central and localised services.
The full Guidance document or manual will publish inThis new guidance - aligned to OGC's PRINCE2, MSP,
November 2008. As with PRINCE2 and ITIL there willand MoR - will bring together in one place a set of
be an overview book ("Think P3O") and a pocketprinciples, processes and techniques to facilitate
book.effective portfolio, programme and project
Training & Certificationmanagement through enablement, challenge and
There will be Foundation training to embed coresupport structures. These structures also bridge the
understanding of the methodologies, and Practitionergap between the strategy/policy makers and the
training to cover application of P3O to real lifedelivery arm of the organisation.
situations. The Foundation training and exam will beExaminations
available from November - and can be booked now. ItThere will be a Foundation qualification based on an
will be run as either a 2 or 3 day course with a multipleobjective test exam along the same lines as the other
choice exam taken on the final day.OGC qualifications. The exam will focus on concepts,
Foundation Level Qualification - 2 daysstructures and duties of a P3O and is aimed at
Target Audienceanyone who works with or in a P3O. The Foundation
Those wishing to find guidance or advice on setting upexam will be available when the guidance is published
or running an effective delivery support office inand a Practitioner qualification will follow after launch.
alignment with OGC's Best Practice guidance.The higher qualification is designed for those
Learning Objectivesresponsible for setting up, managing, or improving a
The purpose of the Portfolio, Programme and ProjectP3O. model.
Office (P3O) guidance is to provide universally