What is OPM3?

Mon 17 Aug 2009 posted by Project Partners

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OPM3® (Organization Project Management Maturity Model) is a Project Management Institute® (PMI) standard much like the PMBOK® Guide that was started in 1998 by PMI.

The OPM3 standard consists of three major elements: Knowledge, Assessment & Improvement, which are described below.

Knowledge: The user becomes proficient in OPM3, the body of Best Practices, the ideas of organizational project management maturity, and the methodology of OPM3.

Assessment: The organization compares itself to OPM3 Best Practices to determine its current location on a continuum of organizational project management maturity.

Improvement: Change Initiatives leading to increased maturity can use the assessment results as a basis for planning and moving forward to implement the plan while conserving precious organizational resources.

OPM3 Benefits

Advance strategic goals

OPM3 provides a way to advance an organization’s strategic goals through the application of project management principles and practices, bridging the gap between strategy and individual projects

Understand and implement Best Practices

OPM3 provides a comprehensive body of knowledge regarding what constitutes Best Practices within organizational project management to identify the maturity

OPM3 assists an organization with the identification of what their current organizational project management maturity is and, thus, forms a basis for deciding whether or not to pursue improvements by Stage and Domain

Plan improvement activities

OPM3 assists organizations with prioritizing and planning activities should improvement decisions be made

In summary

OPM3 is a powerful tool that organizations can use to improve their organizational project management maturity and hence the execution of their projects and achieve the organization’s strategic objectives.