Should I Enrol on a P3O Training Course? By Robert Norton At Isnare.com Ezine Articles

P3O training is the latest buzzword, with all professionals keenly looking at the training options. However, in this busy domain, I picture myself standing completely confused with the choices. Is another project management training program really needed, or is it again some kind of marketing influence propagated to entrap naïve professionals like me?

We have had PMO earlier and even then the training programs were a big hype, so what is with this newly launched P3O guidance and the associated P3O training? Again, are we letting ourselves into the fad or does a supporting argument really exist?

My question list could go on, as I said I am terribly confused, but somehow the answer must be figured out. This attempt to gain clarity of the P3O portfolio management training coaxed me to touch base with others around. I was soon discussing the issues with professionals from varied fields and we unanimously reached the conclusion that as much we may try to avoid another project training program, P3O portfolio management training, certainly demands serious attention. The crux of the discussion is penned below.

To start with we shared whatever know-how we had gathered so far on the subject: a decision enabling/delivery support structure for all internal changes in an organization is the bottom line of a P3O model. It is the latest best practice guidance launched by the OGC (The Office of Government Commerce). Regarding the name P3O, it comes from Portfolio, Programme and Project office. As far as the applicability goes, P3O does not follows a standard approach, in fact the model is best deployed, only if it takes into account the various particular factors like the organization’s vision, existent structures, requirements, etc. The support structure as extended by the P3O portfolio management model could be functional from a single office or through a network of connected setups.

With reasonable clarity on the basics, we next focused on listing the possible benefits associated with P3O training. I was in for some surprises here. The discussion revealed that the P3O model importantly offers a single, robust source of information, which can be used to effectively deal with change. This is especially relevant in the case of organizations, which manage multiple projects. In such situation a central support schema to provide guidance and thus help coordination is critically required and P3O model provides just this. In a nutshell the space between the top management i.e. strategy makers and the policy implementers, will be tactically abridged. There will be more clarity in the business structures, with P3O model aptly deployed. Furthermore, the model is in clear alignment with OGS’c best practice guidance and other OGC methodologies like PRINCE2 and more.

So … where are we heading to? The discussion clearly reflected on the practical relevance of P3O portfolio management. Training was now the next question. If a model is this important, it is certain that all organizations will eventually accept the guidance and thus use it for finding solutions to the various project management issues. And if they do it, they would expect the employees to be well versed on the nitty-gritty of P3O portfolio management. All in all, P3O training would be essentially needed.

Thus from ‘maybe’ we covered the distance to ‘certainly’. Now that we had figured out the practical requirement of P3O training, the discussion revolved primarily around the training specifics. For this we referred to the P3O guidance related details as presented by OGC, which suggested that the guidance will include four key subheads: introduction to P3O; the value it can offer to any organization; various possible models with examples; and the functions and tools and techniques used by the model. Thanks to our research we answered our question about whether or not we should enrol on a P3O Training course.

Published At: Isnare Free Articles Directory http://www.isnare.com
Permanent Link: http://www.isnare.com/?aid=376669&ca=Business+Management

Important Notice DISCLAIMER: All information, content, and data in this article are sole opinions and/or findings of the individual user or organization that registered and submitted this article at Isnare.com without any fee. The article is strictly for educational or entertainment purposes only and should not be used in any way, implemented or applied without consultation from a professional. We at Isnare.com do not, in anyway, contribute or include our own findings, facts and opinions in any articles presented in this site. Publishing this article does not constitute Isnare.com's support or sponsorship for this article. Isnare.com is an article publishing service. Please read our Terms of Service for more information.