P3M3

As part of our PMO Trends for 2022, we mentioned that a lot more PMO practitioners were looking for maturity assessments they could pick up and use themselves - rather than going down the route of a P3M3 assessment which involves bringing in a consultancy firm. The P3M3 route can be expensive and take a considerable length of time and committment however there are other ways for the PMO to gain an understanding of where their organisations are in terms of maturity and that’s by offering a Do-It-Yourself option. It's useful for a PMO to be able to get a sense of how their organisation stacks up against a standard - carry out an assessment and be able to pinpoint some of the areas where decisions and actions need to be made in order to improve maturity. PMOs are also looking at maturity models because by their very nature it provides a link to measures – and gives an insight into how the PMO services are contributing to project success. A PMO maturity assessment would also give insights into what services the PMO should be looking to amend or add both in the long and short term.

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In last week's #PMOwfh the 10-in-10 (10 slides in 10 minutes) was all about maturity. Organisational maturity; PMO maturity and your own maturity too. It's a subject that often comes up when talking about challenges in delivery organisations - and of course in our own PMOs. In the session, we shared a number of detailed slides to cover the three different aspects. Let's start by taking a look at the 10 minute recorded session and a closer look at those slides

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In this session, Tim explores the value of taking a structured, best practice approach to improving project, programme and portfolio capability using P3M3 and sets out the pros and cons. This session will be useful for any PMO professionals whose remit includes improving organisational capability in project, programme or portfolio management. The session will describe, in brief, the P3M3 model (levels and structure) including how you can access and use the freely available self assessment tool, giving you an opportunity to apply it to your own organisation. Throughout the session Tim will draw on case studies and examples including TfL and will set out success factors and tips. Takeaways: Understand why you would use maturity Understand the P3M3 standard including the self assessment tool and how the 2015 version 3 P3M3 has changed How to get the most out of it and how to pitch it The Video

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