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As the pace of change accelerates, organisations continually strive to identify and leverage a competitive and performance advantage from improved efficiency and delivery.
As an Axelos Consulting Partner (ACP), i3Works can facilitate high-level, evidence-based assessments for the P3M3® framework, the Portfolio, Programme, and Project Management Maturity Model for assessing organisational maturity and creating a roadmap for business improvement.
The framework provides organisations with an objective view of their maturity and a structured process in which to drive improvements. It creates a recognised benchmark for organisations to share both internally and externally to drive confidence and reassurance in their organisational capability.
P3M3 is unique in that it considers the whole system and not just the processes. It analyses the balance between the process, the competencies of the people who operate it, the tools that are deployed to support it, and the management information used to manage delivery and improvements. The assessment can be tailored to meet the needs of your organisation and it can be deployed in multiple ways. The approach benefits the organisation by providing a proven, integrated vision of improvement. This integrated approach leads to decreased costs and improvements in on-time delivery, productivity, quality, and customer satisfaction.
Benefits of P3M3:
- Improved outcomes and return on investment on projects and programmes
- Enhanced quality of delivery, in turn, increasing stakeholder satisfaction
- Provides structures for managing continual improvement, including the integration of processes across the organization
- Increases focus on the maturity of the organisation’s capabilities and setting a course for change
- Recognition of previous investments, justifying business cases for change.
‘A catalyst for change’ within UK Research and Innovation
i3Works recently completed a comprehensive Project, Programme and Portfolio Management Maturity Model (P3M3) assessment on a portfolio within UK Research and Innovation (UKRI), focusing on programme delivery within the £3bn Industrial Strategy Challenge Fund initiative.
Clare Lindsay – Head of the Challenge Fund Portfolio Office commented:
“The assessment report was well structured, identified quick wins as well as longer-term value-adding development targets, and was well received by our stakeholders. Those interviewed with the initial interviews remarked that the process of being asked non-intimidating, constructive and challenging questions was highly beneficial, and the debrief with the i3Works team was invaluable alongside the final report. We consider the resulting report to be a mandate and catalyst for future positive change.”
Get in touch with us today to find out how i3Works and P3M3® can support your organisation with improved delivery and efficiency.
