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Implementing Strategy through P3M and Benefits Management: A Case Study of the Defence Science and Technology Group.

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Paper Summary

The Australian Defence Science and Technology Group (DSTG) is implementing a project, program and portfolio management (P3M) approach for investment prioritisation based on strategic alignment and delivery of benefit (outcome, value or impact) to Defence research goals or needs. As part of this approach an action-research case study has confirmed that P3M and benefits management are necessarily organisation wide initiatives, but found implementation can be demanding. Senior management support is important, but the research is a work-in-progress and it is not yet clear what other cultural factors are important.