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Overview of P3M3, Geof Leigh 19th Jan 2016, Bolton
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Overview of P3M3, Geof Leigh 19th Jan 2016, Bolton
1.
© Slide 1 Overview of P3M3
V3 2015 Rod Sowden Geof Leigh www.aspireeurope.com
2.
© Slide 2 Aspire Europe Formed
2004 MSP lead author 2007 P3M3 lead author 2008 MSP lead author 2011 P3M3 lead author 2015 BCM Survival Guide 2014 SRO Survival Guide 2015 Programme Manager Survival Guide 2015 Easy guide to planning 2015
3.
© 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 Forbes Leadership
4.
© 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
5.
© Slide 5 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
6.
© Slide 6 P3M3 maturity
model People ToolsProcess 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 more effective and efficient.
7.
© Slide 7 Using P3M3
to optimise £ Money Spent Degree of Process / Formality Point of Optimum Balance “Cost of Winging it!”“Cost of Prevention” £ Money Spent
8.
© Slide 8 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
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© Slide 9 What did
we achieve with P3M3 Version 2 Transport for London Main UK public sector Transport sector, NR NDA and Sellafield Ltd Australian government FIFA Gatwick Airport London Olympics Queensland Government New Zealand government Measurement of Suppliers Partner We got it right !
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© 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 assessments of 200 organisations, we have done over half Mandated in Australia and New Zealand. All UK central government and the core cities
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© Slide 11 What's 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 Thread attributes aligned to show incremental improvement
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© Slide 12 P3M3 Cube Threads Common
assessment areas across each perspective Tools and techniques Standards and processes Information and knowledge Organisation Assurance Behaviours PlansOrganisationalGovernance ManagementControl BenefitsManagement RiskManagement FinanceManagement StakeholderManagement ResourceManagementPerspectives The major process groupings within P3M3 • 3 dimension model • 5 levels (like CMMI) • 7 perspectives • 3 models; portfolio, programme & project • Minimum of 9 threads and up to 13 • Basis for reporting • Threads used for diagnosis and identification of systemic weaknesses
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© Slide 13 Perspectives –
process groupings that we measure Process deficiency
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© Slide 14 Threads –
common areas we review Systemic issues
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© Slide 15 Aspire adds
value – with rich reporting Thread BM FM MC OG ResM RM SM Thread Avg Asset 3.00 3.00 4.00 3.00 3.00 4.00 3.00 3.29 Assurance 3.50 4.00 3.67 3.50 3.50 4.00 3.50 3.67 Behaviours 4.00 4.00 3.50 3.17 3.33 3.67 3.00 3.52 Commercial Buy 3.00 3.00 3.40 3.17 3.75 3.00 3.00 3.19 Commercial Sell 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Information & Know ledge Management 3.50 3.50 3.67 3.40 3.50 4.00 3.20 3.54 Infrastructure & tools 3.00 3.50 4.00 4.00 3.00 3.33 3.00 3.40 Model Integration 4.00 3.50 3.80 3.50 3.00 4.00 2.00 3.40 Organisation 3.50 3.50 3.50 3.33 3.50 3.50 3.50 3.48 Planning 3.50 3.50 3.75 3.00 3.00 3.00 3.00 3.25 Process 4.00 3.33 3.40 3.50 3.50 3.00 3.00 3.39 Standards 3.50 3.50 3.00 3.50 3.00 3.50 3.00 3.29 Technique 3.50 3.00 3.75 3.67 2.57 3.40 3.00 3.27
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© Slide 16 Aspire adds
value – with extensive experience Been there, done that got the T-shirt We know what good (and bad) look like because we have experienced both We have used our experience to provide accurate assessments and practical recommendations which led to real improvement 1. Sellafield 2. Plymouth CC 3. Arcadis 4. Qinetic 5. DECC
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© Slide 17 How do
successful improvements work? Attributes Recomend ations Reworded into Prioritised Into a schedule As improvement is achieved The new P3M3 score is evidence Improvement activities Grouped into Potential score Deep diagnosis Change programme
18.
© Slide 18 Thanks for
your time rod.sowden@aspireeurope.com
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