What defines whether a project or programme is “good” or “bad”? When we’re striving for excellence in the execution of our projects and programmes, what do we mean? IPMA has given its extended definition in the PEB, the Project Excellence Baseline. This model is based on the well-known EFQM model, but is adapted to the field of project- and programme management and after over 10 years of use has been adapted to the model we’re using now.Table of Content: Foreword Executive summary Table of Contents 11 List of figures 14 List of tables 15 Abbreviations and acronyms 16 Terms and definitions 17 1. Introduction 21 1. 1. IPMA PEB links to IPMA OCB and IPMA ICB 24 2. Purposes and intended users 27 2.1. Purpose of the IPMA Project Excellence Baseline 27 2.2. Typical user groups of the IPMA PEB 28 3. The project in its context 33 3.1. What is a project? 33 3.1.1. The project in an organization 33 3.1.2. The project as a temporary organization 34 3.1.3. Processes in a project 35 3.2. A project in its external context 36 3.3. A project in its organisational context 38 3.3.1. Organisational context 38 3.3.2. Project governance 38 3.3.3. The project in the context of a programme and portfolio 39 4. Introducing project excellence 43 4.1. The concept of excellence 43 4.2. The concept of project excellence 44 4.3. Continuous improvement as a foundation for excellence 45 4.4. The role of sustainability 47 4.5. The role of leadership 50 4.6. The link between competence and excellence 51 5. Introduction to the Project Excellence Model 55 5.1. Principles behind the model design 55 5.2. Structure of the model 56 5.3. Areas of the model and interpretation of the overall results 57 5.4. Interactions between the areas of the model 60 5.5. Business value delivery using IPMA PEM 61 5.6. The model criteria 62 6. Assessment of project excellence 71 6.1. Purposes and approaches to the project excellence Assessment 71 6.2. Assessment of project excellence in a project life cycle 75 6.3. Scope of the assessment in projects, programmes and portfolios 77 6.4. The role and competences of project excellence assessors 82 6.5. The assessment process 84 6.6. Scoring approach 86 Annex A: Description of the Project Excellence Model 91 A. People & Purpose 92 B. Processes & Resources 102 C. Project Results 107 Annex B: Scoring tables for the IPMA Project Excellence Model 117 Scoring table for People & Purpose and Processes & Resources areas 118 Scoring table for Customer, Project Team and Other Stakeholder Satisfaction criteria 119 Scoring table for Project Results criteria 120 Annex C: The IPMA Global Project Excellence Award assessment and its benefits 121 The IPMA Global Project Excellence Award assessment 122 The IPMA Global Project Excellence Award benefits 125 References 127