What does P3M3 stand for?

P3M3® stands for the Portfolio, Programme, and Project Management Maturity Model. The model is a framework for assessing and benchmarking your organization’s current performance and for developing plans for improvement.

What is management control P3M3?

P3M3 recognizes not only the management activities being carried out at the individual programme and project levels, but also those activities within an organization that provide focus and help sustain effort to build a delivery infrastructure of effective approaches and management practices.

What is P3M project management?

General. Project, programme and portfolio management (P3M) is the application of methods, procedures, techniques and competence to achieve a set of defined objectives.

What are P3M tools?

P3M Engine, like most PPM (Portfolio and Program Management) tools, provides a way to store and retrieve project information.

What does P3M stand for?


Acronym Definition
P3M Project, Program and Portfolio Management
P3M Past 3 Months
P3M particle-particle particle-mesh (method)
P3M Personnel Policy Projection Model

What is PMO Portfolio Management?

A project portfolio is a collection of projects. A company may have several project portfolios of technology, quality-control and human resource projects. Project portfolio management is the centralized management of project portfolios and the responsibility of the project or portfolio management office (PMO).

What are the five classifications of project in a portfolio?

The five levels of this model are: Reactive, Emerging Discipline, Initial Integration, Effective Integration and Effective Innovation. The attributes of this level include: Project cost estimates, a lack of project management tools and management directives based on urgent needs.

What is OPM3 framework?

OPM3 complements the PMBOK® Guide and the PMCD Framework to provide a framework through which organizations can assess their project management capabilities against Best Practices, identify areas for improvement, and put plans in place to continually improve their organizational project management performance.