+64 4 499 1701
Mon - Fri: 07:00 am - 05:00 pm
Follow
BRAND NEW AGILE TECH!
Psoda is bridging the gap between physical and electronic kanban boards
Learn More
>
BRAND NEW AGILE TECH!
Psoda is bridging the gap between physical and electronic kanban boardsLearn More
>
Title Image

Why P3M3 self-assessment is a good thing

P3M3 self-assessment: Happy, neutral and sad faces indicate the level of maturity

Written by Rhona Aylward


Rhona is Deputy Everything Officer at Psoda, where she does everything except code. After starting life as a microbiologist she moved into PMO leadership roles around the world before settling in New Zealand with her family.

Portfolio, programme and project management maturity model (P3M3) is a self-assessment tool that you can use to check your organisation’s capability in portfolio, programme and project management. It is made up of three independent models. One each for portfolio, programme and project management and has five levels of maturity. You rate your organisation’s maturity by answering a series of questions.

In recent months there has been some discussion around the validity of P3M3 self-assessment and whether it would be better to use an external provider to ensure the results are unbiased.

Personally, I feel that the self-assessment model is a good one. Some organisations may benefit from paying external consultants to do the assessments. You can often get similar, or even better, results internally.

Here’s why:

  • People within the organisation are best placed to know what is and isn’t working. You can use that knowledge to get the best results from the assessment,
  • It’s a great way to get your portfolio, programme and project staff together and work on how to best improve things,
  • You can use the assessment process as a way to engage with the wider organisation and gauge how successful, or otherwise, your PPM programme is.
  • Because the actual methodology is available free from the official P3M3 website here, there’s no need to use external consultants to do the work, saving your organisation money,
  • Since the cost of a self-assessment is significantly lower than an external assessment, you can do these assessments more often. This allows you to adjust your processes and procedures more often and grow your organisational maturity more quickly.

Conclusion

Self-assessment against P3M3 should become part of the enterprise project management office’s (ePMO) responsibilities. Keeping it internal has a number of benefits over using an external assessment. Keeping assessments in house lets you run them more often. One of the requirements of the higher levels of the maturity model is measurement. Here is an excellent tool to do just that.

Post a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.