This new core guidance describes why, when and how to use project, programme and portfolio office (P3O) models. It describes what a P3O is, defining the key types of P3O and goes on to answer the question posed by Senior Management - "why have P3Os and what value-add do they bring to the organisation?" It also includes example business cases, funding models for set-up and ongoing costs and performance measures. The book looks at the lifecycle of a P3O and describes the use of a project based approach to scoping and setting up a suitable P3O model within an organisation. And it includes checklists for start-up, continuous improvement, and reviving and closing down temporary offices. The publication looks at the functions and services carried out within a P3O, and the techniques and tools used to facilitate this.
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