P3M3 Project Managemen

The Portfolio, Programme, and Project Management Maturity Model (P3M3) has become a key standard amongst maturity models and provides a framework within which organizations can assess their current performance and plan for improvement when managing and delivering change.P3M3 provides three maturity models that can be used separately to focus on specific areas of the business or more generally to help organizations assess the relationship between their portfolios, programmes, and projects.

P3M3 supports both high-level self-assessments and full assessments delivered through an Horizon2technologies Partner ,Enterprise Resource Planning Software .

P3M3 is a management maturity model looking across an organization at how it delivers its projects, programmes, and portfolio(s). P3M3 is unique in that it looks at the whole system and not just at the processes. The P3M3 assessment can be tailored to meet the needs of the organization and can be deployed in multiple ways.

P3M3 provides three maturity models that can be used separately to focus on specific areas of the business or more generally to help organizations assess the relationship between their portfolios, programmes, and projects.

P3M3 allows an assessment of the process employed, the competencies of people, the tools deployed and the management information used to manage and deliver improvements. This allows organizations to determine their strengths and weaknesses in delivering change.

There are no interdependencies between the models so an assessment may be against one, two or all of the sub-models. It is possible for an organization to be better at programme management than it is to project management.