P3M3 stands for Portfolio, Programme, and Project Management Maturity Model. It was first released in 2006 and has recently undergone an extensive refresh to bring it in line with other Office of Government Commerce (OGC) publications – in particular the significant update to Managing Successful Programmes and the increasing recognition of the value of Corporate Portfolio Management.
The P3M3 is an enhanced version of the Project Management Maturity Model itself, based on the process maturity framework that evolved into the Software Engineering Institute’s (SEI) Capability Maturity Model (CMM). The SEI experience between 1986 to 1991 indicated that maturity questionnaires provide a simple tool for identifying areas where an organisation’s processes may need improvement, but unfortunately the questionnaire was often regarded as ‘the model’ rather than as a vehicle for exploring process maturity issues. The value of maturity models to my organisation?
Many organisations have invested in having a consultancy design and implement a methodology, followed this up with training to qualified staff (many of whom may have moved on) and yet they still don’t see the return on investment which was written into the business case. Furthermore, they may find they deliver some initiatives well while others are complete flops, and they don’t know why.
Organisations that are not mature can still deliver outstanding results as well as very poor results. This is because success is linked to individuals or groups of individuals and as such they are at risk of those people moving on. The approach has not been embedded into the way the organisation functions or into its internal governance arrangements. P3M3 is designed to enable organisations to understand their current level of maturity and highlight areas that would give them the most value and performance improvement in the short and long terms.
APMG International Webinar
Show Me The Evidence – How To Justify
Your Management Of Complex Projects
Wednesday 21 May 2014 / 12:00 AEST
Presenter: Lawrie Kirk, APMG-International
Welcome & introduction
Mark Croxford, APMG International
Show Me The Evidence – How To Justify Your Management Of
Consulting Services Executive – APMG International
About APMG International
Global examination & accreditation institute
Examination Institute (EI) for the AXELOS Global Best Practice
portfolio (ITIL®, PRINCE2®, MSP®, etc)
Extensive portfolio of professional management certification
schemes aimed at improving business processes, capability and
Work with key industry partners (e.g. AXELOS, CMI, DSDM
Consortium, IAITAM, IPMA, ISACA, itSMF) to promote best
300+ Accredited Training (ATOs) and Consulting (ACOs)
organizations with 1500+ approved trainers and consultants
18000+ candidates per month
Full details at www.APMG-International.com
Consulting Services Executive – APMG-International
Registered PPM and PRINCE2 trainer
Accredited P3M3 assessor, alpha reviewer for the P3M3
APMG’s consulting services lead for AAPJ
Global leadership role of APMG’s maturity assessment
Master of Philosophy (ANU)
How can you objectively assess the
complexity of a project?
How can you objectively measure the
organisation maturity required to
How can you benchmark and
objectively assess the controls needed
to manage a project of a given
Does complexity matter?
KPMG commissioned Lighthouse Global to carry out a study of
the causes and impact of complexity among large companies –
40 percent of the companies have global revenues of US$1
billion or more – in 22 countries; 1,400 interviews were
conducted with senior executives including CEOs, CFOs, and
Source: http://www.kpmg.com/NZ/en/IssuesAndInsights/ArticlesPublications/Documents/confronting-complexity.pdf, 2010, p4
Source: http://www.kpmg.com/NZ/en/IssuesAndInsights/ArticlesPublications/Documents/confronting-complexity.pdf,2010, p13
What opportunities does managing complexity
Source: http://www.kpmg.com/NZ/en/IssuesAndInsights/ArticlesPublications/Documents/confronting-complexity.pdf, 2010, p9
How can we objectively measure
project complexity and the
capability of an organisation to
manage a complex project?
The APMG Maturity Index ™
Source: Adapted from OGC 2010, Portfolio, Programme and Project Management Maturity Model (P3M3®) Introduction and Guide to P3M3®, p7
Generic (non process) attributes are also assessed: roles and responsibilities, capability
development, experience, scrutiny and review, planning and estimating
and information and documentation.
What is organisation maturity ? ?
P3M3® is a registered trade mark of AXELOS Limited
P3M3 – Project Management
and run them
differently from its on-
(Projects may be run
informally with no
standard process or
that each project is
run with its own
procedures to a
(There may be
limited consistency or
organization have its
processes and can
flex within these
processes to suit the
and retain specific
measurements on its
performance and run
organization to better
projects in order to
improve its ability to
over time and
Source: APMG 2011
APMG Maturity Index ™
The APMG Maturity Index and Swirl Device logo is a trade mark of The APM Group Limited
Objective detailed analysis
Basis for the allocation of
specialist teams on bids
Transparency provided to
client on where specialist
consultancy effort is
Objective baselining for
• Complexity is present and increasing
• Complexity is of concern to senior management
• The management of complexity provides
organisations with real efficiencies
• Complexity of an individual project can be
measured (Project Complexity Assessment)
• Organisation maturity needed to manage the
“complexity frontier” can be assessed (Right
• Project controls needed to manage a project of a
given complexity (Project Controls Assessment)
Provision of this service
• APMG Accredited Organisations
are licensed to deliver the APMG
• APMG Registered Consultant s
deliver this assessment
• For further information contact
+61 (0) 417 408 085
Copyright & Trademark Acknowledgement
• ITIL® is a Registered Trade Mark of AXELOS Limited.
• MSP® is a Registered Trade Mark of AXELOS Limited.
• PRINCE2® is a Registered Trade Mark of AXELOS Limited.
• The APMG Maturity Index and Swirl Device logo is a Trade Mark of
The APM Group Limited.
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