OPM3 (PMI)

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Assess and improve the capabilities of an organization for managing projects, programs and portfolios to achieve its strategic goals. Explanation of OPM3 of PMI. ('03)

Contributed by: Drs. Frans Eijpe, PMP

Contents

  1. Summary
  2. Forum
  3. Best Practices
  4. Expert Tips
  5. Resources

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The OPM3 Model - Domains and Maturity LevelsWhat is OPM3? Description

OPM3 is an abbreviation of "Organizational Project Management Maturity Model". Using OPM3, organizations can assess their level of maturity. They do this by analyzing the existence in their organizations of about 600 best practices, built up from defined capabilities. OPM3 relates to 4 levels of maturity, for its 3 domains:

  1. Projects.
  2. Programs.
  3. Portfolios.

After gaining knowledge of what constitutes best practices in organizational project management, an assessment can be performed of the current maturity level of organizational project management. Following this, a directory of best practices and defined capabilities is used to define a path for improvement.
 

Origin of OPM3. History

OPM3 was developed by the Project Management Institute (PMI), which recognized the need for a standard that assist organizations to improve their capabilities to implement their strategies through the execution of (multiple) projects. Besides "A Guide to Project Management Body of Knowledge" (PMBOK) which focuses on managing single projects.
After 5 years of development by over 800 project managers from more than 30 countries, the first edition of OPM3 was released in December 2003.


OPM3 Elements

The model encompasses 3 elements:

  • Knowledge,
  • Assessment, and
  • Improvement.

Usage of OPM3. Applications

OPM3 is a scalable and generic model, it is applicable to profit and non-profit organizations of different sizes, industries and geographical locations. Organizations may also be divisions, business units, departments etc.
 

Steps in OPM3. Process

  1. Gaining knowledge of what constitutes best practices in organizational project management.
  2. Assessment of the current maturity level of project management in the organization.
  3. Identify a path for continuous improvement, based on the knowledge of best practices and the current maturity level of project management in the organization.

Strengths of OPM3. Benefits

OPM3 is the first model of its sort, that describes best practices for project management, program management and portfolio management in a maturity model. It is aligned with the PMBOK, a global accepted standard for Project Management.
 

Assumptions of OPM3. Conditions

OPM3 focuses on the clear correlation between the capabilities of an organization to manage projects, programs and portfolios and its effectiveness in implementing strategy.
 

Book: Project Management Institute - Organizational Project Management Maturity Model (OPM3) -


OPM3 Forum
  What are Strategic Initiatives?
Strategic initiatives are programs which start or accelerate beneficial change in the organization, enhancing the transformation of vision into results. They require an array of leadership and management skills. Each organization defines the category...
     
 
  How to become OPM3 Certified
I have gone through with details about OPM3, but I am confused. Kindly support me in this, I am already PMP and willing to acheive OPM3. As per my understanding I would have to travel to the States to attend courses and appear in Exam. Is there any a...
     
 

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Best Practices - OPM3 Premium

Expert Tips - OPM3 Premium
 

Practical List of Points to Improve your Project Management Maturity

Dr. Harold Kerzner, one of the project management gurus of our time, offers in his book "Project Management - A Systems Approach to Planning, Scheduli...
Usage (application): Hints and Tips to PM Capabilities of an Organization
 
 
 

The Commonalities and Differences Between PMBOK and OPM3

The Project Management Body of Knowledge (PMBOK): defines a common lexicon for the project manager and team members practitioners, sets a framework fo...
Usage (application): PMBOK, OPM3, Project Management, Maturity
 
 
 

How to Improve your Project Management Organization?

There are 3 basic steps in the model of OPM3, each with some more detailed steps:
1. Prepare for Assesse...
Usage (application): OPM3 Level, Project Management Maturity
 
 
 

How to Avoid Running Too Much Projects at the Same Time?

A major pitfall of project-oriented organizations is running more projects at the same time than their capacity to actually carry them out. it is nece...
Usage (application): Project Portfolio Management - Project Portfolio Analysis
 
 
 

Understanding Project Management Maturity

The Project Management Maturity Model (PMMM), which was developed by PM Solutions and published in book form by Marcel Dekker in 2002, is a formal too...
Usage (application): Project Management, PMMM
 
 
 

Categorizing Project Management Capabilities and Best Practices

Capabilities are categorized by the following 5 Process Groups:
1. Initiating
2. Planning <...
Usage (application): Improvement of Organization
 
 
 

Using OPM3 Best Practices, Capabilities, Outcomes and KPIs

The OPM3 Standard has the following 4 components:
1. Best Practice. A Best Practice is an optimal way to achieve an objective/goal and to delive...
Usage (application): OPM3 Level, Project Management Maturity
 
 

Resources - OPM3 Premium

OPM3 Overview Presentation

Good presentation explaining OPM3 by Kevin Chui.
Topics:
- PMI
- Common Concerns in IT Projects
- Key Objectives of IT Projects Usage (application): Project Management, OPM3
 

Introduction Into the Steps of OPM 3

Introduction into (the steps of) OPM 3
This presentation shows how OPM3 acts as a bridge from vision, organizational strategy and objectives to a...
Usage (application): Project Management, OPM, OPM3
 

Three-sphere Model for (IT) Project Management

An important model in project management is the so-called Three-sphere model, which aims to help organizations to organize a project efficiently. More...
Usage (application): Project Management, OPM, OPM3, PRINCE2
 

Project Management of Information Technology Projects

This presentation provides information about project management, thereby especially focusing on a context of information technology. The presentation ...
Usage (application): Project Management, Information Technology, Three Sphere Model
 

Introduction to Project Quality Management

Presentation about Project Quality Management. A large part of the presentation is about Six Sigma as a quality management tool. Other important and u...
Usage (application): Quality Management, Project Quality Planning, Project Quality Assurance, Project Quality Control
 

Introduction to Project Risk Management

Project Management is Risk Management. From maintaining the customer relationship to protecting the critical path. The classic definition of risk is t...
Usage (application): Understanding the Importance of Project Risk Management
 

OPM3 Diagram

Download and edit this 12manage PowerPoint graphic for limited personal, educational and business use. Republishing in intranets, websites, books, ma...
Usage (application): Project Management Maturity
 
 

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Compare with OPM3: PMMM  |  CMM  |  PMBOK   |  MSP  |  P-CMM  |  PRINCE2  |  IPMA Competence Baseline (ICB)


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