Page 14 - Organizational Project Management

Assessment

Improvement
Figure ES-1: OPM3 bridges the gap between organizational strategy and successful projects

How will OPM3 benefit my organization?
Primary benefits of using OPM3 include the following:
■ It provides a way to advance an organization’s strategic goals through the
application of project management principles and practices. In other words,
it bridges the gap between strategy and individual projects.
■ It provides a comprehensive body of knowledge regarding what constitutes
Best Practices in organizational project management.
■ By using OPM3, an organization can determine exactly which organiza-
tional project management Best Practices and Capabilities it does and does
not have—in other words, its organizational project management maturity.
This maturity assessment then forms a basis for deciding whether or not to
pursue improvements in specific critical areas, such as the domains of Port-
folio, Program, or Project Management.
■ If the organization decides to pursue improvements, OPM3 provides guid-
ance on prioritizing and planning.

What are the primary physical parts of the Standard?
OPM3 has three parts:
■ Narrative text, presenting the OPM3 foundational concepts, with var-
ious appendices and a Glossary
■ Self-Assessment, providing a tool in support of the Assessment step out-
lined in OPM3
■ Directories, containing data on nearly 600 organizational project man-
agement Best Practices and their constituent Capabilities.

How does OPM3 work?
There are three basic elements to applying OPM3 in an organization:
Knowledge. OPM3 is the first iteration of a body of knowledge on the sub-
ject of organizational project management and a subset of the larger Project

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