Portfolio, Programme and Project Offices (P3O®) is the latest best practice guidance from the Cabinet Office. It was published in autumn 2008 and is accompanied by a qualification scheme.
Background to P3O
A P3O model provides a decision enabling/delivery support structure for all change within an organisation. This may be provided through a single permanent office which may exist under several different names, for example Portfolio Office, Centre of Excellence, Enterprise or Corporate Programme Office.
It may otherwise be provided through a linked set of offices (portfolio office, programme offices, project offices). These offices could be permanent (enabling/supporting business objectives and consistency of delivery) and temporary (enabling/supporting specific programmes and projects), providing a mix of central and localised services.
The Cabinet Office’s PRINCE2®, Managing Successful Programmes, and Management of Risk all touch on the need to provide adequate support structures for these best practices. Until now there has been no single source of information that either organisations or individuals can use for guidance or advice on setting up or running an effective delivery support office.
The guidance will provide:
An Introduction to P3Os – Discussing why, when and how to use P3O models including the difference between portfolio, programmes and project environments and their different requirements
Value – What value P3Os can bring to the organisation including a business case, funding models and performance measures
Model – An overview of the different P3O models with examples
Functions and Techniques – Details on the functions/services and techniques/tools used by units of a P3O model.
P3O Qualification Scheme
The P3O Qualification Scheme is developed by the APM Group Ltd in partnership with the Office of Government Commerce (OGC) and The Stationery Office (TSO).
The APM Group accredit a network of training organisations including their trainers and course materials, to be able to offer P3O courses and examinations.
Foundation Qualification – £1195 + VAT
The foundation qualification focuses on the concepts, structures and duties of a P3O.
The exam consists of 50 multiple choice questions to be answered in 40 minutes. It is a closed-book examination and has a pass mark of 60%.
Practitioner Qualification – £1395 + VAT
The Practitioner exam is an objective testing style paper. The paper consists of 7 questions with a total of 70 marks available to be completed within 2 1/4 hours. Candidates need to achieve a mark of 35 or more to pass the paper, and may only take the P3O Guide into the exam room for reference during the exam. A pre-requisite for this exam is a pass at Foundation level.
How to take the Exam
The P3O Foundation examination can be taken as part of a training course.
Andrew Carnegie Business School works with a team of APM Group accredited trainers with an in-depth knowledge of programme, project and risk management, and years of experience across a range of industries.
Duration: 4.5 Days
Cost: £1395 + VAT Foundation & Practitioner
P3O training Inverness, Aberdeen, Glasgow, Edinburgh, Dunfermline and other sites throughout the UK including onsite closed company courses are available
All PRINCE2/MSP/M_o_R/MOP/P3O courses are offered by Andrew Carnegie Business School
P3O® is a registered trade mark of AXELOS Limited.