P3M (Portfolio, Programme, and Project Management)

P3M stands for Portfolio, Programme, and Project Management, a structured approach to achieving organizational goals. Portfolio management oversees a collection of projects and programmes to ensure they align with strategic objectives and deliver value. Programme management coordinates related projects to optimize benefits and manage dependencies. Project management focuses on individual initiatives, ensuring they are completed on time, within scope, and budget. Together, P3M provides a comprehensive framework to prioritize, plan, and deliver work effectively across an organization, maximizing resources and aligning efforts with overall strategic goals.