In this case study, the Department for Energy and Climate Change (DECC) compares the latest version (3.0) of the consultant-led full assessment of the Portfolio, Programme, and Project Management Maturity Model (P3M3®) with the previous version (2.1). Having used both for maturity assessments, DECC found that the results were comparable.
Although DECC is one of the smaller UK central government departments, it has the largest portfolio of all Government departments; in terms of whole life costs, with projects valued at £169 billion. The programmes and projects comprising the portfolio are, often, of high risk and with little precedent, as DECC strives to make sure the UK has secure, clean, affordable energy supplies and to promote international action to mitigate climate change.
In 2011, in line with many major UK Government departments, DECC commissioned a P3M3 assessment of its current capability; in terms of portfolio, programme and project management. Then in early 2014, a follow up assessment was undertaken to assess the impact of the work and DECC agreed to be part of the P3M3 version 3.0 beta testing being managed by AXELOS. The second assessment was a full review of the three (portfolio, programme and project) models against the 2013 baseline.
Read the full case study.
Find out more about the P3M3 maturity model and assessments