Thursday, October 05, 2023

With UniPhi - Deliver P3M3 Principles

The P3M3 matrix was designed to provide organisations' a holistic measure to benchmark their capabilities and evaluate their maturity level across project, programme and portfolio management. In doing this benchmark study, the organisation can effectively identify weaknesses and plan for improvement and levelling up in maturity.

Applying this matrix can realise the following long term benefits:

  • Greater ROI
  • Increased stakeholder satisfaction
  • Focus on continual improvement
  • Facilitate the justification of the business case for change
  • Improve change management practices
  • Create a clear roadmap for success and organisation sustainability.
This matrix was designed using the SEI Capability model to support improvement in the 3 management areas to aspire change and achieve greater effectiveness and deliverables as an organisation.

With UniPhi, your organisation can establish a templated benchmarking platform and desired plan to aspire reaching the ultimate P3M3 maturity level 5 - Optimisation.

UniPhi software, provides the tools to support organisations across this entire matrix at any maturity level. It's functionality across all areas of project works allows you to roll up from project to program to portfolio for benchmarking and review. UniPhi's software design is the architectural benchmarking platform that provides benefits as follows:


 

UniPhi can perform checks with similar past projects for estimate and timeline.



Quickly create a project cash flow to control and check cost variations and monetary spend for easy forecasting and predictions of cost spikes in the future.



Estimate early stage feasibility budgets using parametric measures that can be applied to future projects. 



Average rates across various portfolios (e.g. sector, project type, work type and asset type).



UniPhi is customisable, integrates well with organisations existing software platforms and is a web browser designed, cloud-based software making it a useful tool anywhere, at any time for all areas of project work.

The data only needs to be captured once, and the data information can be presented in many formats that will facilitate transparency across all these areas for every stakeholder to have the right information, at the right time. This capability will facilitate stakeholders functions increasing their satisfaction and thereby maximum effectiveness of the project to improve on the deliverables and thereby the profit. Organisations having this streamlined functionality can focus on more complex issues within change management such as it's culture and diversification to stimulate and collaborate teams for continuous improvement.

Only a year ago, in a webinar presented by WellingtonOnePPM it was identified that 35% of organisations believe they are at the right maturity level, 60% are positioned around a level 3, more than 60% desire to be at a level 4, none aspire to achieve level 5.  

Our aim is to get our clients to level 5, nothing is off the table with UniPhi. 

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