What is P3M?

P3M stands for Portfolio, Programme, and Project Management. It encompasses the management approaches and strategies employed to ensure that organisations efficiently manage and deliver their portfolio of initiatives, aligning them with their strategic objectives. Portfolio Management primarily involves selecting the right projects and programmes to invest in, considering organisational goals and resource allocation.

Programme Management focuses on grouping related projects to achieve strategic outcomes. Project Management involves planning, executing, and finalising projects to meet specific objectives and deliverables. Together, P3M helps organisations gain visibility, control, and alignment of their strategic initiatives.