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 consist of three major elements: Knowledge, Assessment & Improvement and they are described below.
Knowledge: The user becomes proficient in OPM3, the body of Best Practices, the ideas of organizational project management maturity, and 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 results of the assessment as a basis for planning, and move 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 Identify 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 organization project management maturity, and hence the execution of their projects and achieve strategic objectives of the organization.
