Skipton Building Society: P3O® Case Study

David Seward, Richard Copley and Matthew Boatwright

February 2012

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Skipton Building Society is the fourth-largest building society in the UK, with assets of about £14.6 billion, 840,000 members and 1200 employees. At the beginning of 2010, after incurring losses in the core business following the market crash in 2008, it faced a substantial challenge in returning the business to profitability while meeting the expectations of its board and the Financial Services Authority (FSA). Between April and September 2010, a portfolio and project investment governance framework and portfolio office were implemented to enable Skipton Building Society to validate, prioritize and deliver the necessary business changes with the resources available, at an acceptable risk. This work used various aspects of the P3O guidance, adapted to Skipton Building Society's needs.

Executive summary
Background
What we did
Comments on P3O
Lessons learned and questions so far
About the authors
Acknowledgements
Trade marks and statements
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