P3O® Foundation - Golden Package

Description

The P3O® Foundation Golden Package provides a comprehensive understanding of how to establish, develop, and maintain effective support structures for portfolio, programme, and project management within organizations. The course covers the principles, models, and functions outlined in the official P3O® guidance and prepares participants to successfully pass the P3O® Foundation certification exam.

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

Module 4: How to Implement or Re-Energise a P3O®?

• Permanent P3O®
• Implementation Lifecycle for a Permanent P3O®
• Identify Activity and Outputs
• Vision Statement
• Define Activities and Outputs
• Establish the Implementation Team
• Identify and Analyse Stakeholder
• Threats to Achieving the Blueprint
• Develop, Model, and Validate the Benefits
• Develop and Confirm the Business Case
• Plan Stages or Tranches of Delivery
• Project Dossier
• Deliver Activities and Outputs
• Closure Activities
• Post Implementation and Benefit Review
• Closure Outputs
• Temporary Office
• Implementation Lifecycle for a Temporary Programme or Project Office
• Established Timescales
• Internal Resources
• Implementation Lifecycle
• Definition and Implementation
• Closing Down a Temporary Office

Module 5: How to Operate a P3O®?

• Overview of Tools and Techniques
• Which Tools and Techniques?
• Benefits of Standard Tools and Techniques
• Critical Success Factors
• P3O® Tools
• Enterprise PPM (EPM) Solutions and Selecting EPM Solutions
• P3O® Techniques
• Prioritisation and Optimisation
• Complexity Modeling
• Management Dashboard
• Knowledge Management
• Workshops
• Facilitation – Workshop Techniques
• Skills Development and Maintenance
• Business Process Swimlanes
• Capacity Planning
• P3O® Tools and Techniques
• Tailoring of Approaches

Requirements

P3O Foundation:

• There are no prerequisites for the Foundation certification.

P3O Practitioner:

• In order to sit for the P3O Practitioner examination, individuals must hold a ccurrent P3O Foundation.

P3O Exam Format

P3O Foundation Exam

• Multiple-choice examination questions
• 75 questions - 70 live questions and five trials
• 60 minutes duration
• 35 marks required to pass (out of 70 available) – 50%
• Closed book.

P3O Practitioner Exam

• Objective testing
• Four questions of 20 marks each - 80 marks in total
• 150 minutes duration
• 40 marks required to pass (out of 80 available) – 50%
• Open book exam. Candidates may use the official hard copy of the Portfolio, Programme, and Project Offices: P3O guide. The manual may be annotated and tabulated but no sticky notes and loose-leaf papers containing additional notes will be allowed.

What You Learn

• Understand the purpose and benefits of establishing a P3O® model

• Identify key principles, roles, responsibilities, and services within a P3O® structure

• Differentiate between portfolio, programme, and project management offices

• Explore P3O® models and how they support strategic business objectives

• Understand how to implement, operate, and optimize P3O® functions

• Prepare fully for the P3O® Foundation exam with confidence

Who This Course Is For

The P3O® (Portfolio, Program, and Project Offices) Foundation & Practitioner Training Course is intended for professionals who are involved in establishing, managing, or improving portfolios, programs, and project offices within organisations. This P3O® course is particularly beneficial for:

• Portfolio Managers
• Programme Managers
• Project Managers
• PMO (Project Management Office) Managers
• Business Managers
• Strategic Planners
• Change Managers