Master

The Project Management Institute’s Organizational Project Management Maturity Model or OPM3
John Schlichter CEO, OPM Experts, LLC
1-404-252-4299 info@opmexperts.com 1

The 21st Century

Are you managing change or is change managing you?
Consider your own projects.

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The 21st Century 1 out of 2 projects will cost nearly twice their original estimates. 3 out of 4 professionalsbelieve their organizations are not balancing the portfolio of projects to achieve the strategic goals of their organizations.

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Solutions
• Successful organizations must adapt to today’s environment.
– achieve the strategic intent of your business through multiple, inter-related projects – manage change – cultivate organizational and individual project management capabilities – deliverprojects successfully, consistently, and predictably

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The 21st Century

PMI’s OPM3 Standard is designed to help your organization adapt to today’s business environment.

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Benefits of OPM3
• Help organizations understand current project management, program management, and portfolio management capabilities. • Enable organizations to achieve consistent implementation of project managementwork methods through standardization. • Enable executives to assess their own organization’s or partner’s ability to a achieve strategic priorities through projects. • Identify areas for improvement and ways to make coordinated improvements incrementally.
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Benefits of OPM3
• Help those responsible for project management (e.g. PMO’s) identify drivers of project results and set standards forexcellence. • Help all levels of management understand how to create an environment for successful projects. • Demonstrate relationships between executive functions and project management functions. • Explain how to make project management measurable within an organization.
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Benefits of OPM3
• Rally an organization or its partners to focus on project management improvements. • Facilitateorganizational change associated with developing project, program, or portfolio management functions. • Develop consistency and predictability in project delivery. • Distinguish one’s own organization from competitors.

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Benefits of OPM3

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OPM3 may be applied to organizations of diverse
– industries – sizes – geographical locations

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Benefits of OPM3

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Helps organizationsdevelop the capabilities necessary to deliver projects successfully, consistently, and predictably.

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Terms & Concepts
• • • • • • Organizational Project Management Maturity Model Best Practice Capability Outcome Key Performance Indicator

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Organizational Project Management
• Organizational Project Management (OPM) is the application of knowledge, skills, tools, and techniques toorganizational activities and project activities to achieve the aims of an organization through projects.
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vs.

• Project Management (PM) is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements. (PMBOK Guide)

The OPM process combines project management, program management, and portfolio management to enact organizationalstrategies through projects.

Portfolios, Programs, Projects
• Portfolio: a collection of projects and / or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives. The projects or programs of the portfolio may not necessarily be interdependent or directly related. Portfolio Management: the centralized management of oneor more portfolios, which includes identifying, prioritizing, authorizing, managing, and controlling projects, programs, and other related work, to achieve specific strate4gic business objectives. Program: a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually. Programs may include elements of related work outside of...