 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:
- Projects.
- Programs.
- 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
- Gaining knowledge of what constitutes best practices in organizational
project management.
- Assessment of the current maturity level of project management in the
organization.
- 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
 Visit the Special Interest Group
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"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 alternative to this, as I am willing to attend this course & exam somewhere in ASIA specifically in Gulf.
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OPM3 Education & Events
Compare with OPM3: PMMM |
CMM |
PMBOK |
MSP |
P-CMM |
Prince2 |
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