Introduction As HWP Consulting, we introduced in 2014 a Project Success Scan and we collected data points of more than 200 companies (see ). In 2017 we became an accredited AXELOS Consulting Partner for the P3M3 Maturity Model. Many organizations are using traditional project management as well as agile delivery frameworks and in my opinion it’s not that black or white, you have to choose, depending on the change initiative, the right framework to make the change happen and that can contain traditional as well as agile flavors. When we look at the current P3M3 v3 model, I have problems to incorporate the agile way of working. How to cope with a permanent agile team?
In this article, I am proposing an extension of the P3M3 model to incorporate this agile way of working and I am looking forward to your feedback. At the end of the article there is a link to a very small questionnaire, which I hope you can complete. Before I go into my proposal a short overview of the existing P3M3. P3M3 At this moment AXELOS offers P3M3 version 3. To download: P3M3 version 3 contains three models, reflecting portfolio (PfM3), Programme (PgM3) and Project (PjM3) Management. A few years ago I created a P3M3 Quick Reference Card.
The Assessment Element provides access to the OPM3 Self-Assessment, the online tool that allows users to compare traits of their current organization against best practices as defined in the OPM3 model. Through this self-assessment, you will become keenly aware of strengths and weaknesses in your organization, and see just where you stand against the continuum of organizational project. The OPM3 assessment was conducted by an industry expert in collaboration with. Construct, and assessment tools (Self-Assessment Method (SAM).
See As a consequence of receiving the P3M3 Assessor badge from AXELOS after I passed for the P3M3 Consultant examination, I had to update my P3M3 QRC to correspond with the latest P3M3 version. At this moment AXELOS offers P3M3 version 3.
This model is based on the five known maturity levels: Level 1: Awareness of process, Level 2: Repeatable process, Level 3: Defined process, Level 4: Managed process, Level 5: Optimized process. In P3M3 version 3 we see the three models reflecting portfolio (PfM3), Programme (PgM3) and Project (PjM3) Management.
We still see the same seven perspectives: Management Control, Benefits Management, Financial Management, Stakeholder Management, Risk Management, Organizational Governance and Resource Management. P3M3 can be used independently of your chosen project, programme or portfolio management method or framework. To download: New are the max.
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13 threads: Asset Management, Assurance, Behaviors, Commercial Commissioner, Commercial Deliverer, Information and Knowledge Management, Infrastructure and Tools, Model Integration, Organization, Planning, Process, Standards and Techniques. The most detailed questions are now the diagnostic attribute statements. You can perform, by yourself, a Standard self assessment (for free) or Enhanced self assessment (subscription). The latter offers you on top of the standard self assessment a maturity tracker, detailed results and a benchmark. It is also possible, via an accredited consulting organization to perform a full accreditation assessment resulting in your maturity level based on P3M3 or a full further diagnostic assessment including an improvement plan to achieve the next maturity level., as an Accredited P3M3 Consulting Organization can help you in performing a P3M3 full accreditation assessment or full further diagnostic assessment including an improvement plan based on your own objectives. To avoid bias we can facilitate your self assessment as well.
In the last “projectie, edition 04-2014”, the bi-monthly magazine of ipma-nl, I published a Dutch article about the many methods and frameworks that are available in the field of portfolio, programme and project management. To download: I created a sort of quick reference card with available standards and frameworks (It’s limited, there are many more).
To download: In the middle of the quick reference card you find a generic model with portfolio, programme and project management as horizontal boxes. Behind these boxes you will find vertical boxes with PMO, IT, benefits management, value management and risk management to support project, programme and portfolio management. And as the background I used two triangles representing the people and maturity of project, programme and portfolio management. From this model I made connections with several well-known organizations that develop and own standards. Axelos as the owner of PRINCE2, MSP, MoP, MoV, MoR, P3M3 and ITIL or PMI as the owner of PMBoK, The standard for Portfolio Management, The standard for Programme Management, OPM3, etc. You will also find AMPG, APM, IPMA and several suppliers of Agile/Scrum as well as some ISO models.
In the Dutch article, I focus on the usage of these standards. It’s not that simple that you only have to select a project management method. Je must be aware that it will not be possible to implement all your ideas and ambitions. You have to select the right initiatives. This will ask for a portfolio management method. To realize your strategic objectives, you need more than only projects.