Portfolio, Programme and Project Offices (P3OŽ)
The P3O guidance - aligned to the Cabinet Office's MoP, PRINCE2, MSP, and M_o_R - brings together in one place a set of processes, role descriptions, functions, services and techniques to facilitate effective governance of portfolio, programme and project management through enablement, challenge and support structures.
Portfolio, Programme and Project Offices (P3O) provides universally applicable guidance to help individuals and organizations successfully establish, develop and maintain appropriate governance structures to support portfolio, programme and project management. These will enable:
- Informed senior management decision making on strategic alignment, prioritization, risk management, optimization of resource etc to successfully deliver their business objectives (portfolio management)
- Identification and realization of business outcomes and benefits via programmes
- Successful delivery of project outputs, that enable benefits, within time, cost and quality restraints.