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P3M3 Consultancy is a maturity model for Project, Programme and Portfolio Management which assesses how organizations deliver their project, programmes and portfolios. Highly tailorable to the needs of organizations, it encompasses three sub models which can be used either separately or together:

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The Portfolio, Program and Project Management Maturity Model (P3M3), is a model created by SPTC which provides a framework that organizations can use to benchmark their current practice against best practice and competitors and plan for improvement when managing and delivering change.

There are three sub-models for the P3M3 maturity model which are Portfolio Management (PfM3), Program Management (PgM3) and Project Management (PjM3). The model consists of seven perspectives which are organizational governance, management control, benefits management, risk management, stakeholder management, finance management, resource management. The five maturity levels in P3M3 are awareness of process, repeatable process, defined process, managed process, optimized process.

We at SPTC will provide you with the expertise needed to maximize your investments, maximize efficiency and solve any project/program issues through determining the specifics within this model. Also, we assist the client in indicating how key capability areas can be structured hierarchically for the organization to set realistic goals for improvement.

The key benefits of P3M3 assessment are:

• Discovering capability and determine which areas to concentrate on for improvement.
• Diagnosing weakness patterns and eliminate root causes.
• Benchmarking the organization’s capability against others and helping organizations to decide what maturity level they need to achieve to meet their business needs.
• Certifying the organization’s capability through independent assessment.
• Focusing on the organization’s maturity, not specific initiatives (you can run good programs and projects without having high levels of maturity – but not consistently)
• Focusing on investment on aspects of P3M that will yield the best improvements for the specific organizational context.
• Providing plans for continual progression.
• Providing an objective assessment of strengths and weaknesses.
• Reducing costs and maximize beneficial results.

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The change of business as usual (BAU), derived from strategy, regulatory change or ad hoc drivers, requires Portfolio, Program, Project Management (P3M) to allow for successful changes to be implemented and become the new model of BAU.

We at SPTC recognize that P3M is at the heart of every business and is important if an organization wishes to become successful, stay competitive and consistently improve. Organizations need to transition from traditional operational management to more of a project management approach. To maintain and achieve the highest levels of performance and ensure the execution of successful projects and programs, we at SPTC have the expertise and professional P3M consultants to help you achieve what is needed in a considerable and timely manner.

Using a variety of professional practices, we at SPTC customize services as per our client needs in PMO setup, relying heavily on two reputable schools, namely [PMI & Axelos]. Our professional consultants, using the best tools, focus on integrating PMO functions with the organizational chart to provide the best expected outcome, e.g. Center of Excellence (CoE).

The key benefits of PMO and P3M are:

• Implementing the best practices of PPM.
• Providing support for other project management initiatives regarding the improvement of business performance.
• Recovering projects at risk and to train your team to sustain the PMO.
• Improving the delivery quality of portfolio, program and project management.
• Providing a platform for good decision making.

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PMO interacts with many stakeholders inside and outside the organization. This interaction needs to be defined and governed properly through a governance model. The governance model or framework ensures creating value through a systematic approach by identifying stakeholders, understanding their interests and defining their roles and authorities.

The governance framework typically ensures alignment to the organization strategy through appropriate assignment and delegation of authorities, periodic performance reviews, clear reporting lines and escalation process. This governance model is usually an abstract level which is detailed in methodologies and guidelines to ensure consistent and repeatable approach. PMO methodology typically contains policies, processes, KPIs and templates.

We at SPTC have the necessary expertise to support your business through governing, standardizing and developing portfolio, program and project management methodologies. A PMO will help you drive up your project success rates. The setup includes defining governance model, deploying methodologies and standards, in addition to successful corporate change management.

Using a variety of professional practices, we at SPTC customize services as per our client needs in PMO setup, relying heavily on two reputable schools, namely [PMI & Axelos]. Our professional consultants, using the best tools, focus on integrating PMO functions with the organizational chart to provide the best expected outcome, e.g. Center of Excellence (CoE).

The key benefits of governance and methodologies are:

• Ensures focus and alignment with the organization strategy.
• Integrate PMO functions with the organizational chart to provide the best expected outcome.
• Improve and support decision making in the organization.
• Clarify roles and responsibilities and accountability within the organization.
• Ensures periodic performance review to enable evaluation and improvements.
• Improve programs and project success rate.
• Improve change management and project management capabilities in the organization.
• Optimize the use of resources, funds allocation and stakeholders engagement.

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Organizations needs to define the P3M policies, processes, KPIs, templates, forms and tools to ensure managing projects, programs and portfolios in a consistent and repeatable approach.

Portfolio methodology defines the portfolio lifecycle which typically include initiation, planning, execution and optimization. It also defines the policies, processes and templates needed to manage and execute the portfolio starting with alignment with the strategy and developing portfolio charter and roadmap through continuous optimization of the portfolio.

Program methodology include the program lifecycle covering program definition, execution and closing.  It also defines the policies, processes and templates needed to manage and execute the program starting with alignment with the strategy and developing program charter and roadmap through implementing and executing the related projects and ensuring benefits realization.

Project methodology defines the project lifecycle which typically include project initiation, planning, execution and closing.  It also defines the policies, processes and templates needed to manage and execute the project starting with alignment with the strategy and developing program charter through implementing project deliverables.

We at SPTC have the necessary expertise to support your business to develop and enhance portfolio, program and project management methodologies and processes.

Using a variety of professional practices, we at SPTC customize services as per our client needs in PMO/P3M, relying heavily on two reputable schools, namely [PMI & Axelos]. Our professional consultants, using the best tools, focus on integrating PMO functions with the organizational chart to provide the best expected outcome.

The key benefits of PMO policies and procedures are:

• Standardize and enhance program/project management methodologies.
• Ensure the development and enforcement of standards and methodologies across the managerial levels which will improve project management expertise and uniformity.
• Ensure successful delivery of portfolio, programs and projects to achieve business objectives.
• To improve identification and realization of outcomes and benefits.

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The Portfolio, Program or Project Management Office (PMO) tool is a necessity for any organization. Organizations are keen to select the right tool that matches the scale and complexity it has. They also vary from using different technologies or mixing between tools to have stable portfolio, program, and project performance.

With the variety of offerings today, there are cloud based, on-premise or a hybrid. There are tools that support local language, flexibility of calendar to suit the holidays/ weekends/ etc. and other features to localize the tool.

Many organizations stumble upon the choice of making the right call for a PMO solution to bring successful implementation and usage across partial or the entire user base of an organization. The choices that are made may be influenced by the offerings of the products, which may offer:

• Usability
• Scalability
• Cost effectiveness
• Ease of Implementation

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In organizations, there are different stakeholders with different interests and needs which need to be addressed and satisfied in different ways. In case of a project, the information or reports required by the project manager might differ in details from the report for project board or organization executives. So, it is important to have diversified business reports and dashboards to satisfy different stakeholders needs.

At SPTC, we help organizations to select and customize reports and live dashboards to fit to suit the organization needs such as:

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