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Tags: Project Management, APM, Lang:en
Summary
The APM Body of Knowledge 6th edition defines assurance
as: "Project, programme and portfolio(P3) assurance is the
process of providing confidence to stakeholders that
projects, programmes andportfolios will achieve their scope,
time, cost, quality objectives, and realise their
benefits." A key part of the assurance process is the conduct of
reviews, whether on specific elements or onthe entirety of a
programme or project. There has been increased awareness of
the importance ofassurance, partly because of an increased
focus on infrastructure but also due to the need to
increasethe effectiveness of programme and project management
in general. The APM Body of Knowledge confirmed the need for assurance
activity to be planned and coordinated. The toolkit has been developed by the APM Assurance
Specific Interest Group (SIG), a group ofprofessionals with
diverse backgrounds in the field of project and programme
management andassurance. Along with other project management
professionals, they have in the past been confrontedby a
fragmented approach to assurance shaped by the many different
approaches taken acrossdifferent industries and organisations
in the UK. The lack of a definitive framework and the resulting
variation of approach reduces the confidencein assurance
planning, management and outputs, increases the risk of
duplication or material gaps,creates potential
misunderstandings over common terminology and limits
comparison of assuranceoutputs for projects, programmes and
portfolios. This is especially so when assurance is being
soughtacross multi-tier supply chains and partnering
relationships. This has left a gap and driven a desire to establish more
consistency around the language being used,definitions of
assurance terms, a framework capable of wide application, and
outputs out of assurancework. The toolkit, including this
guidance, is the product of the experience, skills and
knowledge ofthe group who produced it, applied to address
this challenge. This document is the first of an intended suite of
programme and project assurance-related
guidancedocuments.