Tag Archives: P3M3

The P3M3 maturity model with an agile extension (P4M3)

Introduction

As HWP Consulting, we introduced in 2014 a Project Success Scan and we collected data points of more than 200 companies (see Project Success Scan). In 2017 we became an accredited AXELOS Consulting Partner for the P3M3 Maturity Model.

Many organizations are using traditional project management as well as agile delivery frameworks and in my opinion it’s not that black or white, you have to choose, depending on the change initiative, the right framework to make the change happen and that can contain traditional as well as agile flavors. When we look at the current P3M3 v3 model, I have problems to incorporate the agile way of working. E.g. how to cope with a permanent agile team?

In this article, I am proposing an extension of the P3M3 model to incorporate this agile way of working and I am looking forward to your feedback. At the end of the article there is a link to a very small questionnaire, which I hope you can complete.

Before I go into my proposal a short overview of the existing P3M3.

P3M3

At this moment AXELOS offers P3M3 version 3.

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To download: P3M3 V3 (QRC, 171205) v1.0

P3M3 version 3 contains three models, reflecting portfolio (PfM3), Programme (PgM3) and Project (PjM3) Management. We see seven perspectives applicable within each of the models:

  • Organizational Governance: Why we want to do what projects / programmes / portfolios
  • Management Control: Verifying that projects / programmes / portfolios progress as planned and within their authority
  • Benefits Management: Ensuring / proving our projects / programmes / portfolios are / were worthwhile doing in the eyes of the stakeholders
  • Financial Management: Getting and managing the money to do it
  • Stakeholder Management: Involving those who care and those who need to care
  • Risk Management: Managing uncertainty
  • Resource Management: Making sure we have the capacity to deliver

P3M3 can be used independently of your chosen project, programme or portfolio management method or framework.

The model is based on the five known maturity levels:

  • Level 1 : Awareness of process
  • Level 2 : Repeatable process
  • Level 3 : Defined process
  • Level 4 : Managed process
  • Level 5 : Optimized process

When answering questions you have the option to answer level 0: Unaware too.

New, in comparison with the previous version, are the max. 13 threads: Asset Management, Assurance, Behaviors, Commercial Commissioner, Commercial Deliverer, Information and Knowledge Management, Infrastructure and Tools, Model Integration, Organization, Planning, Process, Standards and Techniques. The most detailed questions are now the diagnostic attribute statements.

You can perform, by yourself, a Standard self-assessment or Enhanced self-assessment (subscription). The latter offers you on top of the standard self-assessment a maturity tracker, detailed results and a benchmark.

It is also possible, via an accredited consulting organization (e.g. HWP Consulting) to perform a full accreditation assessment resulting in your maturity level based on P3M3 or a full further diagnostic assessment including an improvement plan to achieve the next maturity level.

Agile extension

 Additional model: Permanent agile team

If you are using permanent agile teams (e.g. in your Software development department) the model will not help you to measure the maturity of these teams. Within the P3M3 model we have PfM3 for portfolio management (permanent organization), PgM3 for programme management (temporary organization) and PjM3 for project management (temporary organization). I added a fourth model PtM3 for Permanent agile teams.

P4M3 basisAs the three other models, this PtM3 model uses the same five levels. These five levels can be described as follows:

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In the current P3M3 model we have seven perspectives. If your organization is using an agile way of working this will have consequences for your assessment of portfolio, programme and project management too. To cover this, I added an eighth perspective: Agility.

Additional perspective: Agility

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At portfolio level your strategy must show agility, at programme level you must have agility within the strategic objective, at project level you must have agility at the project product level and within the permanent agile team you must have agility at product level (satisfy customer, prioritization, maximizing the amount of work not done).

The three tables provide an overview of the high level descriptions for the Agilty perspective in the three Management Maturity Models.

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The next table provides an overview of the high level descriptions for all eight perspectives in the new Permanent agile team Maturity Model.

PtM3To download: PtM3

Additional thread: Product

P3M3 V3 (Intro training 180616) v1.1To download: P4M3 overview

To emphasize the importance of the product, I added an additional thread: Product. In this thread the maturity of the following attributes will be measured (source: Agile enterprise agility): Shippable, Cycle time, Product vision, Stories INVEST compliant, Definition of Ready (DoR), Definition of done (DoD), Story size, Backlog refinement, Slicing, and WIP.

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To download: Thread product

Closure

HWP Consulting, as an Accredited P3M3 Consulting Organization can help you in performing a P3M3 full accreditation assessment or full further diagnostic assessment including an improvement plan based on your own objectives. To avoid bias we can facilitate your self-assessment as well. For the agile extension we developed the 3 reflective statements (organization, process, performance) for each of the eight perspectives within the Permanent agile team Maturity Model too. Feel free to get in contact.

Please fill in this simple questionnaire to help me to improve this P3M3 Agile extension.

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P3M3 Maturity Model Assessment

A few years ago I created a P3M3 Quick Reference Card. See P3M3 QRC.

P3M3_Digital-Badge-352x352As a consequence of receiving the P3M3 Assessor badge from AXELOS after I passed for the P3M3 Consultant examination, I had to update my P3M3 QRC to correspond with the latest P3M3 version.

At this moment AXELOS offers P3M3 version 3.  This model is based on the five known maturity levels: Level 1 : Awareness of process, Level 2 : Repeatable process, Level 3 : Defined process, Level 4 : Managed process, Level 5 : Optimized process.

In P3M3 version 3 we see the three models reflecting portfolio (PfM3), Programme (PgM3) and Project (PjM3) Management. We still see the same seven perspectives: Management Control, Benefits Management, Financial Management, Stakeholder Management, Risk Management, Organizational Governance and Resource Management. P3M3 can be used independently of your chosen project, programme or portfolio management method or framework.

P3M3 V3 (QRC, 171205) v1.0

To download: P3M3 V3 (QRC, 171205) v1.0

New are the max. 13 threads: Asset Management, Assurance, Behaviors, Commercial Commissioner, Commercial Deliverer, Information and Knowledge Management, Infrastructure and Tools, Model Integration, Organization, Planning, Process, Standards and Techniques. The most detailed questions are now the diagnostic attribute statements.

You can perform, by yourself, a Standard self assessment (for free) or Enhanced self assessment (subscription). The latter offers you on top of the standard self assessment a maturity tracker, detailed results and a benchmark.

It is also possible, via an accredited consulting organization to perform a full accreditation assessment resulting in your maturity level based on P3M3 or a full further diagnostic assessment including an improvement plan to achieve the next maturity level.

HWP Consulting, as an Accredited P3M3 Consulting Organization can help you in performing a P3M3 full accreditation assessment or full further diagnostic assessment including an improvement plan based on your own objectives. To avoid bias we can facilitate your self assessment as well.

Lost in standards

Dia1In the last “projectie, edition 04-2014”, the bi-monthly magazine of ipma-nl, I published a Dutch article about the many methods and frameworks that are available in the field of portfolio, programme and project management. To download: Verdwaald in het standaardenbos IPMA Projectie magazine 04-2014 I created a sort of quick reference card with available standards and frameworks (It’s limited, there are many more). To download: standards-qrc-170129-v1-9

In the middle of the quick reference card you find a generic model with portfolio, programme and project management as horizontal boxes. Behind these boxes you will find vertical boxes with PMO, IT, benefits management, value management and risk management to support project, programme and portfolio management. And as the background I used two triangles representing the people and maturity of project, programme and portfolio management. From this model I made connections with several well-known organizations that develop and own standards. E.g. Axelos as the owner of PRINCE2, MSP, MoP, MoV, MoR, P3M3 and ITIL or PMI as the owner of PMBoK, The standard for Portfolio Management, The standard for Programme Management, OPM3, etc. You will also find AMPG, APM, IPMA and several suppliers of Agile/Scrum as well as some ISO models. dia1 In the Dutch article, I focus on the usage of these standards. It’s not that simple that you only have to select a project management method. Je must be aware that it will not be possible to implement all your ideas and ambitions. You have to select the right initiatives. This will ask for a portfolio management method. To realize your strategic objectives, you need more than only projects. You will run programmes too, asking for a programme management method. Besides temporary project and programme offices you probably need a permanent portfolio office as well as a centre of excellence to communicate, support and train staff to use these standards and best practices.

At a certain moment you want to know were you are from a maturity view, in comparison with others, and based on your own ambition you would like to know the gap you have to bridge. It will be beneficial for an organization if all these models or frameworks are connected to each other. As a rule of thumb, I would advice an organization to choose for either Axelos or PMI as the starting point and combine your choice with the competence baseline from IPMA. If you choose e.g. for PRINCE2, it makes sense to choose for MSP and MoP for your programme and portfolio management. For maturity scans you look at P3M3 because that’s in line with these standards. Your temporary and permanent PMO will be supported by P3O, etc. For supplementary techniques you could make use of the PMBoK from PMI.

Or, when you started with the PMI family, it makes sense to combine this with the project or programme board approaches from PRINCE2 and MSP and the usage of business cases as described in PRINCE2 9789401800068_CoverLR-541x850I am one of the authors of the book Global standards and publications, edition 2014/2015, Van Haren Publishing. You can download a free copy of this book. http://www.vanharen.net/file/PDF/9789401800068.pdf Please let me know if you are aware of new standards that are worthwhile to mention in this QRC.

for a comparison between PRINCE2 and PMBoK see the overview from KnowledgeTrain: Comparison PRINCE2/PMBoK

Update:

  • 17/01/29: Added PM2 Project Management Methodology from The European Commission
  • 17/01/29: Added Scrum @ Scale from Srcuminc.com
  • 16/01/23: Added Nexus (Scaled Professional Scrum) from Scrum.org
  • 15/10/04: IPMA ICB3 replaced with ICB4
  • 15/07/07: Added new Axelos framework PRINCE2 Agile
  • 15/05/27: Added Change mgt vertical + CMBoK (Change Management body of Knowledge) + CHAMPS2
  • 15/04/24: Added ISO 21500 project, 21503 programme, 21504 portfolio, 21505 Governance, 21506 Vocabulary
  • 15/02/24: Added CCPM (Goldratt), CMMi, Global Alliance for Project Performance Standards (GAPPS)
  • 14/10/21: Added Exin Agile Scrum from EXIN
  • 14/09/29: Added Agile Programme Management (Agile PgM) from APMG
  • 14/09/29: Added PRiSM™ (Projects integrating Sustainable Methods) from GPM
  • 14/09/29: Added Portfolio, Program & Project Sustainability Model (PSM3) from GPM
Aside

I just read an article in the newspaper (NRC, in Dutch) regarding the failure of a program of the Dutch Tax office. It started as a 60M Euro initiative in 2005 and was preliminary closed in 2014 after spending more … Continue reading

Volwassenheidsmodellen – stap voor stap met P3M3

Dia1Afgelopen week hebben Bert Hedeman en ondergetekende een presentatie verzorgd op het 16e BPUG seminar ‘De wendbare organisatie’. Tijdens deze presentatie zijn wij ingegaan op de meest gehanteerde volwassenheidsmodellen, wat deze modellen meten en wat bepaalt een volwassenheidsniveau? Vervolgens zijn we ingezoomd op een aantal door ons uitgevoerde volwassenheids-onderzoeken waarbij we inzicht gaven in de aanpak, het proces, resultaten, ‘lessons learned’ en vervolgakties. Met als achterliggende gedachte dat het gebodene inzicht en handreikingen biedt om ook naar de eigen organisatie te kijken.

Bijgaand een artikel en de presentatie.  artikel_hedemanconsultingpresentatie_hedeman_portman. We horen graag jullie ervaringen met het toepassen van volwassenheidsmodellen.

P2MM Quick Reference Card

In the previous blog I created the P3M3 Quick Reference Card. The P3M3 has a little sister called P2MM (PRINCE2 Maturity Model). P2MM is derived from the P3M3. A previous  version of the P2MM only had the first three levels but now it has the same five levels as P3M3. You can use it to assess your current adoption of PRINCE2 and put in place improvement plans with measurable outcomes based on best practices. You could also use this model together with the P3M3 model and use P2MM in place of the PjM3 part of P3M3.

As stated last time there are several project management maturity models. I came across some more and in future blogs I will show some more QRCs:

  • CO: Portfolio, Programme, Project Management Maturity Model (P3M3)
  • CO: PRINCE2 Maturity Model (P2MM), derived from P3M3
  • PMI: Organizational Project Management Maturity Model (OPM3)
  • The PMO Maturity Cube
  • SEI: Capability Maturity Model (CMMi)
  • ITSMF: IT Service Management Capability Maturity Model (ITSM-CMM), aligned to ITIL
  • PPM Maturity Model (Gartner, Program and Portfolio Management Maturity Model) ranging from level 1 (reactive) to level 5 (effective innovation)
  • KPM3 (Kerzner Project Management Maturity Model, ranging from level 1 (common language) to level 5 (continuous improvement)

In this blog post I show you a quick reference card of the P2MM model. You can see the similarities with the P3M3 QRC. In a next one I will go into the coming version of the OPM3 model from PMI and the PMO Maturity Cube. To download: P2MM (QRC, 130316) v1.0

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P3M3 Quick Reference Card

Many organizations have invested in setting up a PMO, implemented methods and frameworks like PRINCE2, MSP and MoP, and organized training to qualify staff. But sometimes they still don’t see the return on their investment. Some projects or programmes delivered well and others are at risk or complete disasters and the can’t answer the question why?

Organizations that are not mature can still deliver outstanding results but at the same time other projects could be a complete failure. The successes are probably due to individual competences and what will happen when these people will leave the organization? The methods and frameworks are probably not embedded into the way the organization functions. A maturity model will help you to understand your current maturity level and highlights those areas where performance improvements will give the most value in the short and long terms. There are several maturity models:

  • PMI: Organizational Project Management Maturity Model (OPM3)
  • CO: Portfolio, Programme, Project Management Maturity Model (P3M3)
  • CO: PRINCE2 Maturity Model (P2M3), subset of P3M3: only Project Maturity Model to level 3 only
  • SEI: Capability Maturity Model (CMMi)
  • ITSMF: IT Service Management Capability Maturity Model (ITSM-CMM), aligned to ITIL

In this blog post I show you a quick reference card of the P3M3 model, in a next one I will go into the coming version of the OPM3 model from PMI. To download: P3M3 (QRC, 130301) v1.0

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