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© Slide 1 Overview of P3M3 V3 2015 Rod Sowden Aspire Europe Ltd

Introduction to the new version of P3M3® - Rod Sowden - 18th November

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Page 1: Introduction to the new version of P3M3® - Rod Sowden - 18th November

©

Slide 1

Overview of

P3M3 V3

2015

Rod Sowden

Aspire Europe Ltd

Page 2: Introduction to the new version of P3M3® - Rod Sowden - 18th November

© Slide 2

Aspire Europe

Formed 2004

MSP lead author 2007

P3M3 lead author 2008

MSP lead author 2011

P3M3 jt lead author 2015

BCM Survival Guide 2014

SRO Survival Guide 2015

Programme Manager Survival

Guide 2015

Easy guide to planning 2015

Page 3: Introduction to the new version of P3M3® - Rod Sowden - 18th November

© Slide 3

Maturity models – why bother?

“If anything is certain, it is that change

is certain. The world we are planning

for today will not exist in this form”

Phil Crosby

Page 4: Introduction to the new version of P3M3® - Rod Sowden - 18th November

© Slide 4

Organisational Performance Journey

• Level 1 is characterised by

heroic and ad-hoc behaviours

• Level 2 is characterised by

groups and teams setting

their own ways of working or

a central approach that is

partially adopted

• Level 3 is characterised by a

consistent approach being

used across the organisation.

• Level 4 is characterised by

continual improvement and

analysis of performance

• Level 5 organisations are

optimised for their

environment

Page 5: Introduction to the new version of P3M3® - Rod Sowden - 18th November

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About P3M3

2005 – P3M3 v1

2008 – P3M3 v2

2015 – P3M3 v3

• Baselining current capability (for later

comparison)

• Benchmarking capability against other

organisations (possibly to harvest best

practice from a community of organisations)

• Discovering capabilities to determine

which areas to concentrate on

• Diagnosing systemic weaknesses to

eliminate root causes and non-confirming

costs

• Prioritising improvement initiatives (based

on any of the above)

• Certifying capability through independent

assessment

Page 6: Introduction to the new version of P3M3® - Rod Sowden - 18th November

© Slide 6

P3M3 maturity model

People

Tools Process

Assignment

The P3M3 model looks for balance between

processes, tools and people, at level 3 these

are normally in balance and at level 4 they are

becoming optimised and efficient.

Page 7: Introduction to the new version of P3M3® - Rod Sowden - 18th November

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Using P3M3 to optimise

£

Money

Spent

Degree of Process / Formality

Point of

Optimum

Balance

“Cost of Winging it!” “Cost of Prevention”

£

Money

Spent

Page 8: Introduction to the new version of P3M3® - Rod Sowden - 18th November

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What did we learn from P3M3 Version 2

People found the style

endearing, but not easy to

assess

Assessments offered too

much flexibility

Designed for self delivery

organisations

Self assessments were

misleading and needed to

be improved

Needed to be widened and

deepened for accuracy

Page 9: Introduction to the new version of P3M3® - Rod Sowden - 18th November

© Slide 9

What did we achieve with P3M3 Version 2

Transport for London

Main UK public sector

Transport sector

NDA and Sellafield Ltd

Australian government

FIFA

Gatwick Airport

London Olympics

Queensland Government

New Zealand government

Measurement of Suppliers

Partner

We got it

right !

Page 10: Introduction to the new version of P3M3® - Rod Sowden - 18th November

© Slide 10

P3M3 has provided evidence of the cost of low maturity

Slow or random decision

making

Poor requirements

Duplication and overlap

Poor knowledge management

Poor team performance

Excessive meetings

Using poor frameworks and

process

Hidden operational costs

Excessive reporting and

documentation

Transport for London - £1bn saving

moving from level 1 to 4 in 5 years

PMI - High maturity organisations

within 2% of budget, low maturity

normally 30%+

UKBA saved 40% of training budget as

a result of a survey

Estimated 500 assessment of 200

organisations, we have done over half

Mandated in Australia and New

Zealand. All UK central government and

the core cities

Page 11: Introduction to the new version of P3M3® - Rod Sowden - 18th November

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Whats new in P3M3 Version 3

2 years of design, development and

testing

Increased alignment with industry

bodies of knowledge, notably PMI,

IPMA, ISO21500 and APM

More breadth – e.g. commercial

management

More depth – e.g. behaviours,

model integration

Easier to use – simple on-line self-

assessment

Better diagnostics – identification

of common weaknesses

Page 12: Introduction to the new version of P3M3® - Rod Sowden - 18th November

© Slide 12

P3M3 Cube Threads Common assessment areas across each perspective

Tools and techniques Standards and processes

Information and knowledge Organisation

Assurance Behaviours Plans

Org

anis

ational G

overn

ance

Managem

ent

Contr

ol

Benefits

Managem

ent

Ris

k M

anagem

ent

Fin

ance M

anagem

ent

Sta

keh

old

er

Managem

en

t

Resourc

e M

anagem

ent

Perspectives The major process groupings within P3M3

The P3M3 model is 3

dimensional, it consists of the

5 levels associated with

CMMI.

It has 7 perspectives, these

are the main process groups

associated with P3M, they

exist within each of the 3

models and are the basis for

reporting. The perspectives

were added in the 2008

version.

These are complemented by

Threads, these are used to

support the diagnostic and

identify any systemic

weaknesses that is affecting

all the perspectives. There

are a minimum of 9 threads

and up to 13, depending on

the scope of an assessments

Page 13: Introduction to the new version of P3M3® - Rod Sowden - 18th November

© Slide 13

Threads – common areas we review

Page 14: Introduction to the new version of P3M3® - Rod Sowden - 18th November

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Thanks for your time

[email protected]