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Organizational Project Management Maturity Model: OPM3

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Title: Organizational Project Management Maturity Model: OPM3


1
Organizational Project Management Maturity Model
OPM3
  • Kat Stone
  • Megan Wathen

2
  • If your organization doesnt strive for
    consistency, you may be destined for mediocrity.

3
What is OPM3?
  • Project Managements Maturity Model
  • Maturity Models are used to appraise an
    organizations process maturity to show where it
    can improve process execution
  • OPM3 is an online application and book
    combination
  • Structured Approach to Maturing
  • Includes 586 Best Practices
  • Development 1998 Released 2003
  • PMI is chartering the next iteration of OPM3 in
    2007

4
Three Interlocking Elements
  • Knowledge Element
  • Assessment Element
  • Improvement Element

5
Knowledge Element
  • Presented on OPM3 Online and in the accompanying
    OPM3 Knowledge Foundation book
  • Lets the organization uncover hundreds of Best
    Practices and shows them how to use the
    information available in OPM3
  • Describes
  • Organizational project management
  • Organizational project management maturity
  • Relevant Best Practices
  • How to use OPM3

6
Assessment Element
  • OPM3 Self-Assessment interactive online database
  • Lets organizations evaluate their current
    situation and identify their areas in need of
    improvement
  • Allows organizations to compare the current state
    of organizational project management maturity
    with the key traits described in OPM3
  • Based upon the Assessment results, organizations
    reference the Improvement element
  • Online Business Assessment

7
Improvement Element
  • Accessible through the online database
  • Help organizations map out the steps needed to
    achieve their goals
  • Improving processes in three areas
  • Improve these areas in four stages
  • Organizations determine the Best Practices they
    want to use
  • Once Improvement plan is established the
    organization implements the appropriate
    activities to attain necessary Capabilities to
    increase its organizational project maturity

8
Taken from An Executives Guide to OPM3.
http//opm3online.pmi.org
9
Why should we use OPM3?
  • Maturity assessments evaluate performance in key
    project management areas
  • Change management initiatives
  • Create demand for training while fostering
    continuous improvement
  • Ongoing discovery is critical to managing an
    assessment
  • Taken from Growing Up PM Network. June, 2005.

10
Works Cited
  • Jedd, Marcia. Growing Up. PM Network. June
    2005. www.pmi.org
  • Fretty, Peter. Leaving the Box. PM Network.
    November 2005. www.pmi.org
  • An Executives Guide to OPM3 A Guide to
    Strategic Success, Business Improvement and
    Competitive Advantage. Project Management
    Institute. http//opm3online.pmi.org
  • OPM3/Organizational Project Management Maturity
    Model. http//opm3online.pmi.org/Overview.aspx
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