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P3M3® Overview

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Page 1: P3M3® Overview - Aspire Academyaspireacademy.tv/documents/P3M3 Interactive Overview.pdf · Hover over the titles above to show more information Benefits of using P3M3 Maturity level

P3M3® Overview

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7 facts you probably didn’t know about us:

1. Thought Leadership 2. Track Record 3. Expertise 4. Knowledge Transfer 5. Insight 6. Capacity 7. Credentials

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Benefits of using P3M3

Maturity level Reliable P3M

baseline

Integrated assurance

Recognises achievements

Accepted maturity

level

Comparison of

capabilities

ACPs

Continual progression

Focus on the organisation

Objective assessment

Investment justification

Validation provided

Service quality

Reduces costs

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Baselines Benchmarks

Discovering Diagnostics

Prioritising Certification

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P3M3

Portfolio Management

Programme Management

Project Management

Control Benefits Finance StakeholderRisk Governance Resources

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It generally takes between 12 and 18 months to move up a maturity level and establish the organisation’s capability at that new level.There are no shortcuts up the maturity levels, though there are techniques that can be used to accelerate the movement through the lower levels. Ultimately the whole organisation and system may need to change and this takes time.

Level 1Awareness

Level 2Repeatable

Level 3Defined

Level 4 Managed

Level 5 Optimised

Level 0Unaware

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The P3M3 model is 3 dimensional including the 5 levels associated with CMMI1. It has 7 perspectives which are the main process groups associated with P3M. They exist within each of the 3 models and are the basis for reporting. The perspectives were added in the 2008 version.

In the 2015 version threads have been added. These are used to enable better systemic strengths and weaknesses that may be affecting all the perspectives. There are a minimum of 9 and up to 13 threads, depending on the scope of an assessment.

Hover over the Thread, Perspective and Level headings to reveal more information

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Lack of control Poor process

Waste Low productivity

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For more information [email protected]