Opm3

OPM3®-Second Edition

Understanding the Changes and Opportunities

Agenda

Quick intro: Organizational Project Management Overview OPM3—Second Edition changes Opportunities for OrganizationsOpportunities for You Learn More

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What is Organizational Project Management?

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Organizational Project Management (OPM)

The alignment and systematic management of projects, programsand portfolios to achieve strategic organizational goals

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OPM Continuum Towards High-Performance

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Organizational Project Management Maturity

• The degree of commitment to increasecapabilities in all areas of the organization • Identifying gaps in capabilities that reduce business performance • Discipline and dedication to continuous improvement in developing capabilities thatlead to best practices in OPM • Becoming “best in class” in the business of OPM Maturity

Goals Achieved

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Value of Project Management Maturity
Organizations with less developed projectmanagement capabilities
Miss budgets by 20% Miss schedules by 40%

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Value of Project Management Maturity
Organizations with more developed organizational project management, experience betterproject performance (benefits) in areas of;
Cost predictability (first time estimating 20% improvement) Project predictability (duration reduced by 50%) Resource allocation (effort reduced by 25%) Improvedquality (Cost-Of-Quality improvement of 10%) Identification and selection of projects that align with the strategy

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OPM3® - Second Edition: What’s New?

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Community feedback influencedupdates
Reduction in the overall number of Best Practices
Aligned with PMBOK® Guide 4th Edition Aligned with Program Management 2nd Edition Aligned with Portfolio Management 2nd Edition Eliminationof duplicates by consolidation

Additional Categorization to simplify utilization and application
Greater Emphasis of Organizational Enablers
Categorization by Knowledge Area Categorization by...