P3O Methodology

P3O® is based upon the principle of developing a standardised framework in which to model projects from, to ensure that projects add business value and are aligned with the business’s objectives. A successful P3O® model encompasses and provides:

• Governance - projects should be meticulously scrutinised to assess their business value and whether they should be continued or stopped immediately

• Transparency - ensure that decisions are made publicly and based upon justified and informed data

• Delivery Support - encourage consistency and delivery of punctual projects

• Accountability - all decisions and activities should be traceable to ensure individuals take responsible actions

• Reusability - lessons and knowledge gained between projects should be exchanged between departments and within the portfolio

• Traceability - document the transformational changes and project operations