Published by the Office of Government Commerce,
P3O is the guidance that is used to help business organizations
implement Portfolio, Programme and Project Management Offices. This
Portfolio, Programme and Project Offices (P3O) framework doesn’t only
provide structure, services and guidance to organizations for defining
a balanced portfolio of change but also it ensures constant delivery
of projects across the organization.
How organizations get benefitted by P3O?
P3O framework provides globally recognized and applicable guidelines to enable an organization or individual to set up, develop and maintain suitable business support structures. By implementing setoff P3O guidelines, P3O Practitioner, or personnel helps organizations as well as individuals to perform better and to achieve its business goals in right manner.
Ensure governance efficiency:
Providing support to the management level, it ensures better risk management; optimization of resources to deliver the business objectives appropriately. It helps to improve the corporate governance by incorporating the best practice principles for transparency, visibility and accountability. It ensures that issues and risks are escalated to the right level of authority.
Safeguarding value and avoid unwanted expenditure
Providing a benefits tracking service to the organization, it can aid the company to control expenditure and generate revenue. It also helps a business owner to spot potential opportunities and exploit them as part of risk analysis. It can distinguish the costs that can be tactically avoided in a project, leading to more revenue generation and successful business cases. Ensuring money is spent in an effective and appropriate manner; it helps the senior management to take decisions on budget distribution for some change initiatives within the company.
Clear visibility for the management and better communication
With P3O guidance, management team can interpret data, predict delays and identify potential risk or opportunity. They can't only spot any potential risk or trend, but can also identify the projects in trouble beforehand. This model forms a common language that helps in improving communication channels throughout the P3O office.
P3O is not just a method or framework; it is much more than that.
This certification is on the task list for a large number of employees
now-a-days. P3O personnel or professionals are considered as one of the
greatest value to any organization. There are various reputed centers
who provide this certificate with very advance couching. To get it in a
very affordable rate you must do a little survey to find the best
center within your limit.How organizations get benefitted by P3O?
P3O framework provides globally recognized and applicable guidelines to enable an organization or individual to set up, develop and maintain suitable business support structures. By implementing setoff P3O guidelines, P3O Practitioner, or personnel helps organizations as well as individuals to perform better and to achieve its business goals in right manner.
Ensure governance efficiency:
Providing support to the management level, it ensures better risk management; optimization of resources to deliver the business objectives appropriately. It helps to improve the corporate governance by incorporating the best practice principles for transparency, visibility and accountability. It ensures that issues and risks are escalated to the right level of authority.
Safeguarding value and avoid unwanted expenditure
Providing a benefits tracking service to the organization, it can aid the company to control expenditure and generate revenue. It also helps a business owner to spot potential opportunities and exploit them as part of risk analysis. It can distinguish the costs that can be tactically avoided in a project, leading to more revenue generation and successful business cases. Ensuring money is spent in an effective and appropriate manner; it helps the senior management to take decisions on budget distribution for some change initiatives within the company.
Clear visibility for the management and better communication
With P3O guidance, management team can interpret data, predict delays and identify potential risk or opportunity. They can't only spot any potential risk or trend, but can also identify the projects in trouble beforehand. This model forms a common language that helps in improving communication channels throughout the P3O office.
