Portfolio, Programme and Project Offices (P3O)

What is it / How does it work?

There is no 'one size fits all' approach - in a large government department or large corporate, the model outlined below may be the ideal, however in a small organization the P3O model may simply be a single individual acting as a multi tasking P3O officer.  The model to be deployed in an organization will depend on:

• the vision and goals of both the organization and the P3O Sponsor
• the business needs
• the portfolio, programme, project and risk management (P3RM) 
• maturity of the organization
• the size of the resource pool
• the numbers of programmes and
• projects being undertaken
• the wider organizational, political and cultural environment
• the business divisions/departmental structure, and the geographical location of staff
• the maturity of matrix management structures