Title: Sample Presentation Title
1PMI Helping Organisations Link Strategy With
Execution
ANZSOG Conference, Canberra, Australia 21
February 2006
Iain Fraser, Fellow PMINZ, PMP Chair, PMI Board
of Directors
2PMIs Five Stakeholder Groups
- Practitioners around the World
- Consumers of Project Management Services
- (e.g., employers, such as corporations and
governments) - Suppliers to the Project Management Profession
- (e.g., trainers, software vendors, consultants)
- Leaders of PMI
- Society at large, including the media
3The Project Portfolio
- Projects are the physical manifestation of an
organisations productivity, and their successful
implementation drives bottom-line results - Only 15-30 of all projects align with corporate
strategies - 90 of companies lack a portfolio management
strategy
Source CIO Insight, November 2003
4OPM3 Organisational Project Management Maturity
Model
- Supports strategic goals at organisational
level - OPM3 measures how organisations use collective
knowledge, capabilities and processes to make
sure projects support strategic goals - Measures organisations ability to consistently
complete projects successfully - Identifies and recommends best practices, then
puts into context - Bridges gap between corporate strategy and
project execution - OPM3 enables an organisation to approach the
right projects optimally in a dynamic global
economy
5The Maturity Model
- What is organisational project management
maturity? - The degree to which any organisation practices
enterprise-wide project management (OPM3
glossary) - What is a maturity model?
- A framework for everything that defines your
companys maturity - How does OPM3 relate to organisational maturity?
- Provides the information and guidance to become
more mature
6The Executives Guide to OPM3
- Translate strategy into success
- OPM3 standardises information needed to
prioritise project management needs and become a
more productive organisation - A framework to assess your organisation, not a
pre-set solution - Drive business improvement
- Gauge project management maturity against Best
Practices and align projects with your overall
corporate strategy - Conduct periodic assessments and plan change
according to your priorities and resource
availability - Gain competitive advantage
- Approach the right projects in the most optimal
way in a dynamic and global economy - OPM3 may be applied to organisations of all
industries, sizes and geographical locations
7The OPM3 Cycle
8What is OPM3?
9Three Elements of OPM3
A basis for self-examination and comparison to
make decisions about implementing change
- Knowledge Learn the OPM3 concepts and methods
- Assessment Evaluate the OPM3 Best Practices
your organisation has in existence and view your
maturity based on process improvement stages or
project, programme and portfolio management - Improvement Commit to implement change based on
Best Practices
10Why Are Best Practices So Important?
- Best practices
- Help ability to deliver projects
- On time
- On budget
- Help keep projects aligned with strategy
- Predictably implement organisational strategies
- Peel back organisational layers to reveal your
place on a maturity continuum
11Benefits of OPM3
12Partnership With Organisations
- Focus on growth and partnerships with
multi-national corporations and Governments in
EU, UK, China, India, North America and also
Australia/New Zealand - Aerospace Defence
- Automotive
- Construction
- Information Technology
- Governments
-
13Project Management in Corporate Governance
- IBM (Centre of Excellence)
- SAP (Global PMO)
- Capital One (Chief Portfolio Officer)
- Siemens
- Nokia
14Corporate Council
- History
- Established in 2000 with four partners
- Initially Annual Education Forum
- Now Knowledge Community with 23 Partners
- Mission
- Establish a community for organizations to
exchange knowledge - Act as advisory group to PMI
- Provide a Safe Harbour environment
- Engage in collaborative learning
15Corporate Council Partners
- Accenture
- BAE Systems
- Bank of America
- Boeing
- Booz Allen Hamilton
- Boston University
- Capital One
- Deloitte (London, UK)
- USA Defense Acquisition University
- Huawei Technologies Co Ltd (China)
- IBM Corporation
- IFC Consulting Group Inc.
16Corporate Council Partners, contd.
- International Institute for Learning (USA)
- KPMG
- Lockheed Martin
- NASA
- NOKIA OYJ
- PricewaterhouseCoopers
- SAP (Walldorf, Germany)
- Siemens (Munich, Germany)
- Southern Company (USA)
- U.S. Department of Energy, Office of Construction
Engineering Management - Washington Energy Environment
17Strong Advocacy
- Global Road Shows with components worldwide
during 2004 and 2005 - Strategically focused business round tables and
government forums during 2006 - Sponsorship of Forbes Global CEO Forum
- C-Suite research and executive visits
- Executive Thought Leadership Survey
- Athabasca University research on Value of PM
- Media outreach, including print and broadcast
interviews and bylined articles in news and trade
publications.
18Thank-you!
- Contact Details
- Iain Fraser
- Iain.fraser_at_pmi.org
- 64 21 479 301