Portfolio, Programme and Project Offices (P3O®) is universally applicable guidance to help organizations build the necessary support structures that enable the successfully delivery of their portfolios of change programmes and projects. P3O describes the factors that influence designing and building the right structures in order to optimize: • Senior management decision-making P3O informs senior management on decisions that include strategic alignment, prioritization, risk management and use of resources • Business outcomes and benefits P3O ensures the identification and realization of business outcomes and benefits via programmes and projects By bringing together a set of roles, processes, functions, services and techniques, P3O facilitates effective portfolio, programme and project management through its enablement, challenge and support structures. These structures bridge the gap between the strategy- and policy-makers and the delivery arm of the organization. P3O is aligned to other products in the Best Management Practice portfolio including PRINCE2® (for project management), MSP® (for programme management), M_o_R® (for risk management), MoP® (for portfolio management) and MoV® (for value management). Portfolio, Programme and Project Offices • Delivery of project outputs P3O plays an integral part in delivering projects within time, cost and quality constraints. Portfolio, Programme and Project Offices T UC ANAGE TM NT PRAC ME 2013 edition BES in partnership with HM Government E PROD TIC 8276 P3O Cover v1_0.indd All Pages 06/09/2013 13:31 Portfolio, Programme and Project Offices London: TSO 8391 P3O v0_7.indd 1 04/09/2013 12:46 Published by TSO (The Stationery Office) and available from: Online www.tsoshop.co.uk Mail, Telephone, Fax & E-mail TSO PO Box 29, Norwich, NR3 1GN Telephone orders/General enquiries: 0870 600 5522 Fax orders: 0870 600 5533 E-mail:
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[email protected] Copyright in the typographical arrangement and design is vested in The Stationery Office Limited. Applications for reproduction should be made in writing to The Stationery Office Limited, St Crispins, Duke Street, Norwich, NR3 1PD. The Swirl logo™ is a trade mark of AXELOS Limited P3O® is a registered trade mark of AXELOS Limited The AXELOS logo is a trade mark of AXELOS Limited PRINCE2® is a registered trade mark of AXELOS Limited ITIL® is a registered trade mark of AXELOS Limited M_o_R® is a registered trade mark of AXELOS Limited MSP® is a registered trade mark of AXELOS Limited P3M3® is a registered trade mark of AXELOS Limited MoV® is a registered trade mark of AXELOS Limited MoP® is a registered trade mark of AXELOS Limited The Best Management Practice Official Publisher logo is a trade mark of AXELOS Limited First edition Crown copyright 2008 Second edition AXELOS Limited copyright 2013 ISBN 9780113314225 Printed in the United Kingdom for The Stationery Office Material is F