OPM3 (PMI)

Knowledge Center

   

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

Premium

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 Special Interest Group


Special Interest Group (148 members)


OPM3 Forum  

Recent topics

  What are Strategic Initiatives?
Strategic initiatives are programs which start or accelerate beneficial change in the organization, enhancing the transformation of vision into result...
     
 
  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 und...
     
 

Best Practices - OPM3

Expert Tips - OPM3
 

Practical List of Points to Improve your Project Management Maturity

Hints and Tips to PM Capabilities of an Organization
Dr. Harold Kerzner, one of the project management gurus of our time, offers in his book "Project Man...
 
 
 

The Commonalities and Differences Between PMBOK and OPM3

PMBOK, OPM3, Project Management, Maturity
The Project Management Body of Knowledge (PMBOK): defines a common lexicon for the project manager a...
 
 
 

How to Improve your Project Management Organization?

OPM3 Level, Project Management Maturity
There are 3 basic steps in the model of OPM3, each with some more detailed steps:
1.
 
 
 

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

Project Portfolio Management - Project Portfolio Analysis
A major pitfall of project-oriented organizations is running more projects at the same time than the...
 
 
 

Understanding Project Management Maturity

Project Management, PMMM
The Project Management Maturity Model (PMMM), which was developed by PM Solutions and published in b...
 
 
 

Categorizing Project Management Capabilities and Best Practices

Improvement of Organization
Capabilities are categorized by the following 5 Proce...
 
 
 

Using OPM3 Best Practices, Capabilities, Outcomes and KPIs

OPM3 Level, Project Management Maturity
The OPM3 Standard has the following 4 components:
1. Best Practice. A Best Practice is an opti...
 
 

Resources - OPM3

OPM3 Overview Presentation

Project Management, OPM3
Good presentation explaining OPM3 by Kevin Chui.
Topics:
- PMI
- Common Concerns in I...
 

Introduction Into the Steps of OPM 3

Project Management, OPM, OPM3
Introduction into (the steps of) OPM 3
This presentation shows how OPM3 acts as a bridge from v...
 

Three-sphere Model for (IT) Project Management

Project Management, OPM, OPM3, PRINCE2
An important model in project management is the so-called Three-sphere model, which aims to help org...
 

Project Management of Information Technology Projects

Project Management, Information Technology, Three Sphere Model
This presentation provides information about project management, thereby especially focusing on a co...
 

Introduction to Project Quality Management

Quality Management, Project Quality Planning, Project Quality Assurance, Project Quality Control
Presentation about Project Quality Management. A large part of the presentation is about Six Sigma a...
 

Introduction to Project Risk Management

Understanding the Importance of Project Risk Management
Project Management is Risk Management. From maintaining the customer relationship to protecting the ...
 

OPM3 Diagram

Project Management Maturity
Download and edit this 12manage PowerPoint graphic for limited personal, educational and business us...
 
 

News about Opm3 Pmi


     
 

News about Opm3 Projects


     
 

Videos about Opm3 Pmi


     
 

Videos about Opm3 Projects


     
 

Presentations about Opm3 Pmi


     
 

Presentations about Opm3 Projects


     
 

Books about Opm3 Pmi


     
 

Books about Opm3 Projects


     
 

More about Opm3 Pmi


     
 

More about Opm3 Projects


     

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


Return to Management Hub: Change & Organization  |  Program & Project Management  |  Strategy


More Management Methods, Models and Theory

Special Interest Group Leader

You here? Sign up for free


 


About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2019 12manage - The Executive Fast Track. V15.0 - Last updated: 18-2-2019. All names of their owners.