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What is P3O?
A P3O model provides a decision enabling/delivery support structure for all change within an organization. This may be provided through a single permanent office which may exist under several different names e.g. Portfolio Office, Centre of Excellence, Enterprise or Corporate Programme Office. It may otherwise be provided through a linked set of offices (portfolio office, programme offices, project offices), both permanent (enabling/supporting business objectives and consistency of delivery) and temporary (enabling/supporting specific programmes and projects), providing a mix of central and localized services.
Cabinet Office’s PRINCE2®, Managing Successful Programmes, and Management of Risk all touch on the need to provide adequate support structures for these best practices. However, currently there is no single source of this information that either organizations or individuals can go to find guidance or advice on setting up or running an effective delivery support office in alignment with Cabinet Office’s Best Practice guidance.
This new guidance - aligned to Cabinet Office’s PRINCE2, MSP®, and M_o_R® - will bring together in one place a set of principles, processes and techniques to facilitate effective portfolio, programme and project management through enablement, challenge and support structures. These structures also bridge the gap between the strategy/policy makers and the delivery arm of the organization.
The purpose of the Portfolio, Programme and Project Office (P3O) guidance is to provide universally applicable guidance that will enable individuals and organizations to successfully establish, develop and maintain appropriate business support structures that will allow:
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Informed senior management decision making on strategic alignment, prioritization, risk management, optimization of resource etc to successfully deliver their business objectives (portfolio management)
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Identification and realization of business outcomes and benefits via Programmes
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Successful delivery of project outputs that enable benefits within time, cost and quality restraints.
The guidance will provide:
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An Introduction to P3O - Discussing why, when and how to use P3O models including the difference between portfolio, programmes and project environments and their different requirements
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Value - What value P3O can bring to the organization including a business case, funding models and performance measures
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Model - An overview of the different P3O models with examples
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Functions and Techniques - Details on the functions/services and techniques/tools used by units of a P3O model.
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Do I have to receive training to sit the exam?
No, however this is recommended. In addition to receiving accredited training, individuals also have the option of self-study to prepare for the examinations.
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How much does it cost to sit the P3O examinations?
Info Spec conduct Accredited P3O training courses over 3 days for Foundation level and over 5 days for combined Foundation & Practitioner courses. The P3O exams fees are included in the course fee. We do not conduct only exams for delegates.
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Are there any pre-requisites for the P3O examinations?
There are no pre-requisites for the foundation examination. Candidates must achieve a pass at foundation level before completing the practitioner examination.
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What are the main publications for P3O and where can I purchase them?
P3O has one main manual, published by The Stationary Office, called “Portfolio, Programme and Project Offices”. We include the include the P3O manual as part of the course fee. However, if you wish to purchase only the manual, you can place an order with us at RM295 per copy. Please send email to
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.
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Which languages are P3O examinations available in?
P3O examinations are currently only available in English.
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Which languages is the P3O manual available in?
The “Portfolio, Programme and Project Offices” manual is currently available in English.
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How long will it take to learn the P3O material?
Info Spec conducts P3O Foundation training over 3 days and the Combine Foundation & Practitioner training over 5 days. You may like to add an additional 10-14 hours for you to complete the pre-course study materials prior to attending the training.
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How long are the P3O qualifications valid for?
The foundation examination is not valid for a defined period and will not expire. Candidates who pass the practitioner exam are recognized as a “P3O Registered Practitioner”. Individuals will remain registered for a period of 5 years. To maintain the registered status, practitioners must complete and pass a P3O re-registration examination 3-5 years following their initial/previous practitioner certification.
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When can I expect the results of my P3O Examinations?
P3O foundation examinations are marked on location with provisional results provided immediately after marking. Practitioner answer sheets are marked at APMG-International offices and results released soon after.
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When will I receive my certificate?
A foundation certificate will be dispatched to you approximately 2 weeks after we have received your exam paper back into our offices, if you only took the foundation exam.
If you sat a practitioner or both exams, a practitioner certificate will be dispatched 2 weeks after the practitioner results have been released.
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What are the pass marks for the P3O examinations?
Pass marks for the P3O examinations are as follows:
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Foundation: You will need to score 30/50 to pass the foundation exam.
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Practitioner: You will need to score 35/70 to pass the practitioner exam.
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How can I advertise myself as P3O qualified on my business card?
Candidates who have passed the P3O Practitioner examination can put “P3O Practitioner” on their business cards.
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Can I use the P3O logo?
Only organizations licensed to do so are allowed to use the P3O logo. Such organizations include P3O ATOs (Accredited Training Organizations) and P3O ACOs (Accredited Consulting Organizations) accredited by APMG-International. The P3O logo is a registered trademark of the Cabinet Office and must not be used without their permission or appropriate license.
Due to data protection laws, we are unable to quote organizations that use P3O without prior consent. P3O was only launched in late 2008, however the method is proving popular amongst a variety of organizations across different industries, both public and private sector.
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What is the main difference between P3O & ISEB’s PPSO?
The main difference between P3O and PPSO lies between the levels of detail. P3O contains much more detail about the design of a P3O, roles and responsibilities and setting up/refreshing. The PPSO courses and exams focus very much on the techniques that a PSO person would be expected to use in their day-to-day jobs.
A P3O model provides a decision enabling/delivery support structure for all change within an organization. This may be provided through a single permanent office which may exist under several different names e.g. Portfolio Office, Centre of Excellence, Enterprise or Corporate Programme Office. It may otherwise be provided through a linked set of offices (portfolio office, programme offices, project offices), both permanent (enabling/supporting business objectives and consistency of delivery) and temporary (enabling/supporting specific programmes and projects), providing a mix of central and localized services.
The ISEB PPSO courses and exams focus very much on the techniques that a PSO person would be expected to use in their day-to-day jobs, such as project planning (critical path, Gantt, resource histograms), monitoring and control (including earned value analysis), change control, risk management and investment appraisal.
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What pass mark is required to be eligible to become a P3O trainer?
To be eligible to apply to become a P3O trainer, individuals must achieve a score of 66% (47/70) in the practitioner exam.
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