What is P3O® Foundation?
The P3O® Foundation Training Course equips delegates with a comprehensive understanding of the P3O® model, focusing on the effective management of portfolios, programmes, and projects. The course emphasises the creation and maintenance of a robust delivery framework that aligns with strategic objectives, driving business success. By integrating governance, structure, and processes, P3O® offers a unified approach to managing portfolios, programmes, and projects.
Mastering the P3O® Foundation Course is essential for professionals overseeing portfolio, programme, and project management, particularly those in leadership or governance positions. It ensures alignment with business strategies and empowers informed, timely decision-making. Programme Managers, Project Managers, Portfolio Managers, and PMO leaders will greatly benefit from this methodology, as it provides them with the expertise to manage resources, risks, and delivery with precision.
Oakwood International’s 2-day P3O® Foundation training will provide delegates with the key knowledge needed to implement the P3O® model within their organisation. Delegates will learn how to develop governance structures, enhance decision-making processes, and ensure alignment between projects and business objectives. This training will help them efficiently manage multiple projects, achieving organisational goals while ensuring strategic coherence.
Course Objectives:
- To grasp the fundamental principles and concepts of the P3O® model
- To understand the purpose and advantages of P3O® frameworks
- To outline the structure and roles within a P3O® office
- To explain how P3O® aligns with and supports organisational strategy
- To recognise the various types of P3O® models
- To demonstrate the practical application of P3O® in managing projects and programmes
Upon achieving the P3O® Foundation certification, delegates will be empowered to drive their organisation’s strategic goals by effectively managing portfolios, programmes, and projects. They will acquire the skills to contribute to governance frameworks, ensure alignment of projects with business objectives, and optimise the delivery of strategic initiatives. This certification not only boosts professional credibility but also opens up career growth opportunities in project and programme management.
Course Outline
P3O® Foundation
Module 1: Introduction to P3O®
- What is the purpose of P3O®?
- Definitions
- Strategic Objectives
- What are P3O®’s
- P3O® Definitions within the Models
- Portfolio, programme, and project lifecycles
- Governance and the P3O®
- P3O® and Other Best Management
- P3O® Terminology
Module 2: Why Have a P3O®?
- Integral Part
- P3O® can Increase Success
- Focus of a P3O®
- Add Value
- Governance Focus
- Principles for Extracting Value
- Govern Effectively
- Holding People to Account
- Prioritising Investment
- Safeguarding Value
- Investing in People and Processes
- Tracking Progress
- Getting Investment for the P3O®
- Identifying the Stakeholders
- Identifying the Problem
- Analysis of Issues and Reviews
- Value Matrix
- Stakeholders Requirements
- P3M3®
- Demonstrating the Value
- Business Case Content
- Capability and Outcome
- Benefits Vs Constraints
- Key Performance Indicators
- Cost Model
- Some Variations of Costing
- Overcoming Common Barriers
- Timescales
Module 3: Designing a P3O® Model
- Factors that Affect the Design
- Functional Areas of a P3O®
- Design Considerations
- Centralised Versus Decentralised
- Additional Success Factors Hub Portfolio Offices
- Permanent Versus Temporary
- Underlying Success Factors – Temporary Offices
- Co-located Versus Distributed
- Functions and Services
- Functional Areas
- Wider Organisation
- Integration
- Assurance and Governance
- Information Assurance (IA)
- Non-PPM Functions and Services
- Roles and Responsibilities
- Skills/Competences of P3O® Staff
- P3O® Management, Generic, and Functional Roles
- Sizing and Tailoring
- How to Size a P3O® Model?
- P3O® Sponsor
- Head of P3O® (Permanent Office)
- Head of Programme/Project Office (Temporary)
- Portfolio Analyst
- Programme or Project Specialist
- Programme or Project Officer
- Benefits and Value Role
- Commercial Role
- Communication and Stakeholder Engagement Role
- Information Management Role
- Consultancy and Performance Management Role
- Finance and Issue Role
- Change Control and Planning Role
- Quality Assurance and Risk Role
- Reporting and Secretariat/ Administrator Role
- Tools Expert
P3O® is a registered trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.
The Swirl logo™ is a trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.
Included
Included
- No course includes are available.
Offered In This Course:
-
Video Content
-
eLearning Materials
-
Study Resources
-
Completion Certificate
-
Tutor Support
-
Interactive Quizzes
Learning Options
Discover a range of flexible learning options designed to meet your needs. Select the format that best supports your personal growth and goals.
Online Instructor-Led Training
- Live virtual classes led by experienced trainers, offering real-time interaction and guidance for optimal learning outcomes.
Online Self-Paced Training
- Flexible learning at your own pace, with access to comprehensive course materials and resources available anytime, anywhere.
Build your future with Oakwood International
We empower you with the skills, knowledge, and confidence to excel in your career. Join us and take the first step towards realising your professional goals.
Frequently Asked Questions
Q. What topics are covered in the P3O® Foundation course?
Key topics include P3O® concepts, the
purpose of P3O® frameworks, governance structures, P3O® terminology, and designing
a P3O® model.
Q. What are the benefits of the P3O® Foundation certification?
The certification boosts professional
credibility, enhances project management skills, and opens doors to career
advancement in programme and project management roles.
Q. Is the P3O® Foundation course suitable for beginners in project management?
Yes, the course is suitable for beginners
as well as those with existing project management knowledge who wish to enhance
their understanding of governance frameworks.
Q. How can the P3O® Foundation certification benefit my career?
The certification demonstrates your ability
to manage resources, risks, and strategic delivery, which is valuable for
career progression in project management.
Q. What are the next steps after completing the P3O® Foundation course?
After completing the P3O® Foundation
course, delegates may choose to progress to the P3O® Practitioner level or
implement the model in their organisation’s project and programme management
processes.