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GPM Global Introduces the World’s First Sustainability Assessment Model for Change Delivery, PSM3™

PM INDUSTRY NEWS

20 August 2014 – Fort Wayne, London, Brisbane, Mendoza, Beijing – GPM Global has announced that the world’s first organizational assessment model designed to assess an organization’s Portfolio, Program and Project Management practices against international standards for sustainability.

140820-pmwj26-sustainability-IMAGEPSM3™ or Portfolio, Program and Project Sustainability Model is a value based, principle-focused process that assesses organizational capacity, culture and competence for integrated green and sustainable change delivery. The model is designed to enhance factors that drive business performance while meeting the needs of consumers, investors, stakeholders, and the natural environment.

PSM3™ differs from other types of assessments by focusing on the systems and governance principles that drive change delivery from a sustainability (social, environmental, and fiscal) point of view and can be used in conjunction with existing assessment models such as PMI’s OPM3®, Axelos’s P3M3® or IPMA Delta®.

According to GPM® Centre of Excellence Director Peter Milsom, “For the first time, organizations will be able to quantifiably evaluate their ability to deliver cradle to cradle solutions based on sustainable change delivery enhancements that reduce costs and enhance the benefits surrounding the asset’s life-cycle, demonstrating their organization’s commitment to sustainability.”

“PSM3™ essentially provides a clear baseline of where you are against where you want to be, so you can make the most sustainable decisions to move forward.”

The first assessment will be conducted for Australia’s National Affordable Housing Consortium in conjunction with the livable housing design competition that is using a customized version of the assessment model as the sustainability criteria.

To learn more about PSM3™ visit www.greenprojectmanagement.org/psm3

Formed in 2009, GPM® is a global professional development organization dedicated to the advancement of the practical application of sustainable project management practices to decouple social and environmental degradation from economic growth. Their professional accreditations, training and three time award winning project delivery method PRiSM™ are based on GPM’s P5 Standard™ and offered in more than 130 countries around the world through accredited training partners and Universities. To learn more about GPM® visit www.greenprojectmanagement.org.

P3M3® is a Registered Trade Mark of AXELOS Limited OPM3® is a Registered Mark of the Project Management Institute

IPMA® Delta is a Registered Mark of the International Project Management Association 

Source: GPM Global