12manage is looking for students. Info
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
What 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:
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.
The model encompasses 3 elements:
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
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
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
About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2019 12manage - The Executive Fast Track. V15.1 - Last updated: 17-10-2019. All names ™ of their owners.