Press release

Statement on Best Management Practice

This news article was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

The Cabinet Office has launched a competition to find a joint venture partner for the Best Management Practice portfolio.

9 November 2012

Following the launch of a tender to share participation in a joint venture company to develop and grow the Best Management Practice (Swirl) portfolio, the Cabinet Office has issued the following statement:

The Cabinet Office has launched a competition to find a joint venture partner for the Best Management Practice portfolio including the market leading PRINCE2® and ITIL® professional standards.

The government has ambitious plans to develop PRINCE2®, ITIL® and other products as the global industry standards, a move that will create new opportunities for economic growth.

We are looking to the private sector for the expertise and investment needed to secure the portfolio’s future in a competitive market. A joint venture partnership will ensure the portfolio is placed on a strong financially secure platform and strengthen quality.

It’s right to explore opportunities for a greater collective focus to these products and develop new markets. In doing so the government’s priority is to maintain and build on the high regard and reputation for quality which underpins Best Management Practice.

Further information is available here.