What is a P3M3 Assessment?
The Portfolio, Programme, and Project Management Maturity Model (P3M3) allows you to evaluate and benchmark your current performance, pinpoint areas for improvement, and devise effective optimisation strategies.
P3M3 provides a structured framework for organisations to assess their current capabilities and plan for enhancements in managing and delivering change. Since its introduction in 2005, it has included three maturity models that can be used either individually or together. These models help organisations focus on specific business areas or, more broadly, evaluate the relationships between their portfolios, programs, and projects.
The P3M3 Maturity Model
Maturity in P3M3 is described by a 5-level framework, where each level identifies ‘how well’ the organisation has embedded portfolio, programme and project management processes.
- Level 1: Awareness of process
- Level 2: Repeatable process
- Level 3: Defined process
- Level 4: Managed process
- Level 5: Optimised process
In addition, P3M3 focuses on seven perspectives, that exist across the three models and are assessed at all five maturity levels. The perspectives group together one or more processes, and are:
- Organisational governance
- Management control
- Benefits management
- Risk management
- Stakeholder management
- Finance management
- Resource management.
Why Choose P3M3?
Comprehensive Evaluation: P3M3 provides a detailed assessment of your organisation’s current capabilities across three key areas: project, program, and portfolio management.
Benchmarking: Understand where you stand compared to industry standards and best practices. Our assessment helps you identify strengths and areas for improvement.
Tailored Roadmap: Receive a customised improvement plan that aligns with your strategic goals. Our experts will guide you through actionable steps to enhance your maturity levels.
Enhanced Performance: Improve efficiency, reduce risks, and increase the success rate of your projects and programs. P3M3 helps you build a robust framework for sustainable growth.
Our Approach
- Initial Consultation: We start with a thorough understanding of your organisation’s unique needs and objectives.
- Assessment: Our certified P3M3 assessors conduct a comprehensive evaluation using AXELOS’s proven methodology.
- Analysis & Reporting: Receive a detailed report highlighting your current maturity levels, strengths, and areas for improvement.
- Action Plan: We provide a tailored roadmap with practical recommendations to elevate your project management practices.
- Ongoing Support: Benefit from continuous support and guidance as you implement the recommended improvements.
Why Partner with Us?
- Expertise: Our team of certified P3M3 assessors brings years of experience and deep knowledge of industry best practices.
- Proven Track Record: We have successfully helped numerous organisations enhance their project management capabilities.
- Client-Centric Approach: Your success is our priority. We work closely with you to ensure the assessment delivers tangible benefits.