P3O - a standard for PMO modelling

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P3O - OGCs model for setting up PMOs in organisations. A very short overview by Profeo Ltd., Zurich, Switzerland

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  • OV06, OV 11
  • Profeo short d
  • Profeo short d
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  • P3O - a standard for PMO modelling

    1. 1. Building PMOs with P3O Presented by Profeo Ltd.
    2. 2. P3O background <ul><li>P ortfolio, P rogramme and P roject O ffices </li></ul><ul><li>OGC </li></ul><ul><ul><li>P3O ® guidance was first published by the Office of Government Commerce (OGC) in 2008. </li></ul></ul><ul><li>PRINCE2 ® , MSP ® and MoP TM touch on the need to provide adequate support structures for these best practices. </li></ul><ul><li>P3O is a single point of guidance in alignment with OGC Best Practice. It enhances and pulls together in one publication the existing P3O guidance from PRINCE2, MSP and MoP </li></ul><ul><li>It is a universally applicable guidance for individuals and organisations to </li></ul><ul><ul><li>establish </li></ul></ul><ul><ul><li>develop </li></ul></ul><ul><ul><li>maintain </li></ul></ul><ul><li>appropriate business support structures through </li></ul><ul><ul><li>Single permanent office (Support Office, PMO, Centre of Excellence) </li></ul></ul><ul><ul><li>Linked set of offices </li></ul></ul>
    3. 3. Reasons for establishing a P3O structure <ul><li>Lack of visibility of all change leading to inappropriate investment decisions </li></ul><ul><li>Strategic objectives not being met </li></ul><ul><li>Lack of information to make investment decisions and prioritize funds and resources effectively </li></ul><ul><li>Lack of effective capacity planning leading to top-heavy programme and project resourcing and inappropriate use of scarce technical and business resources </li></ul><ul><li>Lack of consistency in programme and project approaches and methods </li></ul><ul><li>Adverse impact on organization’s reputation </li></ul><ul><li>Inconsistent delivery of programmes and projects against time, cost and quality targets – late, over budget, failure to deliver capability or outcomes </li></ul><ul><li>Actual benefits not being realized as specified in Business Cases. </li></ul>
    4. 4. Benefits of a P3O support structure <ul><li>Prioritise spend on Programmes and Projects </li></ul><ul><li>No rogue / pet projects - alignment of all change to strategy </li></ul><ul><li>Visibility of progress - “No surprises” during delivery </li></ul><ul><li>Consistency and predictability of delivery </li></ul><ul><li>Clarity of roles / responsibilities </li></ul><ul><li>Clarity of decision making and escalation </li></ul><ul><li>For Portfolio Management </li></ul><ul><ul><li>Informed senior management decision making on strategic alignment, prioritisation, risk management, optimisation of resource etc. to successfully deliver their business objectives (portfolio management) </li></ul></ul><ul><li>For Programme Management </li></ul><ul><ul><li>Identification and realisation of business outcomes and benefits via programmes </li></ul></ul><ul><li>For Project Management </li></ul><ul><ul><li>Successful delivery of project outputs that enable benefits within time, cost and quality restraints </li></ul></ul>
    5. 5. P3O Vision Statement <ul><li>The P3O is the internal </li></ul><ul><li>Service Provider </li></ul><ul><li>for Change </li></ul>November 2010 www.profeo.com
    6. 6. When does a P3O support the 3P´s Center of Excellence (CoE) Standards – Capabilities– Training, Knowledge Management Portfolio/Business Lifecycle Program Lifecycle Project Lifecycle Portfolio Office, Functions & Services Portfolio Office Portfolio Office Program Office Program Office Project Office
    7. 7. P3O model types <ul><li>Organisation portfolio office model </li></ul><ul><li>Hub and spoke model </li></ul><ul><li>Temporary office model (Maturity level 1 – 2) </li></ul><ul><li>Virtual office model (Maturity level 4 – 5) </li></ul><ul><li>Small organization model </li></ul>© Crown copyright 2008. Reproduced under license from OGC.
    8. 8. P3O c ertification by Profeo Foundation Training 2 days Certificate P3O ® Foundation Certificate P3O ® Practitioner Practitioner Training 2 days
    9. 9. Who is Profeo Ltd ? <ul><li>Founded 2001 </li></ul><ul><li>Specialises in supporting organisation with the implementation of structured project management </li></ul><ul><li>„ Accredited Training Organisation (ATO)“ for PRINCE2 ®, MSP ®, P3O ®, MoP TM and accredited to run assessments according to P3M3 ® </li></ul><ul><li>International Team of Management Consultants and Trainers </li></ul><ul><li>Our portfolio: Services and specialities </li></ul>
    10. 10. Profeo Ltd: Facts and figures <ul><li>Long standing practical experience in the application of OGC best practice methods </li></ul><ul><li>One of the biggest ATOs for PRINCE2 ® in central Europe </li></ul><ul><li>6 offices in central Europe </li></ul><ul><li>Head Quarters in Feldmeilen / Zurich in Switzerland </li></ul><ul><li>German subsidiary in Munich </li></ul><ul><li>References: </li></ul><ul><ul><li>Consulting, assessments, method implementation, trainings </li></ul></ul>
    11. 11. Interested ? <ul><li>Contact in Switzerland Profeo Ltd. Hoval Haus General Wille-Str. 201 CH-8706 Feldmeilen T +41 (0)43 499 78 90 F +41 (0)43 499 78 89 E: [email_address] Claudia Kary Managing Director T +41 (0)43 499 78 90 E: [email_address] </li></ul><ul><li>Contact in Germany Profeo Ltd. – Office Germany Franz-Joseph-Str. 41 D-80801 München Andreas Reichmann Manager Profeo Germany T +49 (0)89 64910857 E: [email_address] </li></ul><ul><li>Website: www.profeo.com </li></ul>

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