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What is Stratnet's 3P Management?
3P Management is Stratnet's unique view to enteprise Portfolio, Program and Project Management (or 3P Management). Stratnet's resources are specialists in Portfolio, Program & Project Management Practices and Resource competencies. Independently of the change topic, our Resources are second to none. Each of them is selected because they: • Possess the level competencies to exceed at the 3P standards • Have an incredible work ethic • Have many years of solid experience in a wide range of areas • Take a great deal of pride in whatever they do • Are self-sufficient • Are responsible • Are excellent communicators • Are team players Stratnet's Practices: • Risk based approach to evaluating and sizing resource requirements for business proposals • Professional and informative review of resource recommendations with Client • Resource selection criteria and process is foundational to providing the “right-fit” • Internal training, testing, and achievement level of 3P Resources is a prerequisite before assignment Program, and Project Management Resources always have backup personnel • Our resources assigned to a Client, are connected and have access to all our Management and Network of Subject Matter Experts in their quest to support the Client effectively. As its highest level, we believe a PMO’s mission is to support and facilitate the three components of an organization’s mission: strategic, tactical, and operational project management.  Project Management Office Model-
Operational Services
- Manage scope across projects, assist managers within projects. - Provide a common conduit for recording and monitoring inter-project issue, tools, etc. - Set the lead in risk management and mitigation among and within the projects. Program Management Office Model- Tactical Services - Coach and Mentor project managers by providing a common tools set and knowledge source for project management techniques. - Assist in project planning. - Set the standards and assist projects in budgeting, tracking, forecasting, etc. - Increase project visibility and successes through Marketing Communications Portfolio Management Office Model- Strategic Services - Liaison between executives and operations - Opportunity Manager and decision support
Stratnet's Portfolio Management process is used to select a portfolio of new product and/or service development projects to achieve the following goals: * Maximize the profitability or value of the portfolio * Provide balance * Support the strategy of the enterprise Stratnet's Portfolio Management practice requires that the responsibility of Portfolio Management be with senior management team of an organization or business unit. This team, which might be called the Product Committee, meets regularly with the Stratnet consulting team to manage the product pipeline and make decisions about the product portfolio. Often, this is the same group that conducts the stage-gate reviews in the organization. In Startnet's approach, the logical starting point is to create a product strategy - markets, customers, products, strategy approach, competitive emphasis, etc. The second step is to understand the budget or resources available to balance the portfolio against. Third, each project must be assessed for profitability (rewards), investment requirements (resources), risks, and other appropriate factors. The weighting of the goals in making decisions about products varies from company. But organizations must balance these goals: risk vs. profitability, new products vs. improvements, strategy fit vs. reward, market vs. product line, long-term vs. short-term. Several types of techniques have been used to support the portfolio management process: * Heuristic models * Scoring techniques * Visual or mapping techniques The earliest Portfolio Management techniques optimized projects' profitability or financial returns using heuristic or mathematical models. However, this approach paid little attention to balance or aligning the portfolio to the organization's strategy. Scoring techniques weight and score criteria to take into account investment requirements, profitability, risk and strategic alignment. The shortcoming with this approach can be an over emphasis on financial measures and an inability to optimize the mix of projects. Mapping techniques use graphical presentation to visualize a portfolio's balance. These are typically presented in the form of a two-dimensional graph that shows the trade-off's or balance between two factors such as risks vs. profitability, marketplace fit vs. product line coverage, financial return vs. probability of success, etc. Do not hesitate to contact Stratnet for your Portfolio Management needs. 
Stratnet's Program Management
One of the things that separates Stratnet from other consulting services providers is our intense focus on bringing
about real change in how organizations conduct their business.
One of the ways we do this is by establishing effective Program Management practices throughout the organization, communicating the practices to all appropriate personnel, and integrating the practices into the full range of management activities. Strong Program Management practices, properly integrated and communicated, help organizations get a handle on their investments, by helping to ensure that:
Many government and commercial enterprises have turned to Stratnet for Program Management support, and we have provided them with senior management expertise, lessons-learned, and best practices to:
Stratnet's Project Management Office
• Administrative and operational support to projects
Stratnet can help you define the scope and structure of your Project Management Office, and provide ongoing support throughout deployment and operation. Do not hesitate to contact Stratnet for your Project Management needs.
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