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According to the Standish Group (PMI Today, September 2005), only 29% of all projects are successful! Think about the following characteristics of failed projects - how many of them are the project manager's fault?
Failure to communicate
Scope creep
Lack of commitment
Little or no resources
Another project
The wrong project in the first place Despite giving project managers tools for success, the project may fail if the environment does not support it. A clear need exists to link STRATEGY with PROJECT MANAGEMENT. The implementation aspects of project management must be linked to the strategies, objectives, and direction of the senior management and sponsors.
Relationships “between” projects must be addressed
Organizations must have the right projects in the first place
New projects must be evaluated in terms of opportunity and cost
Processes must be standardized, measured, controlled, and improved
It's all about doing the right projects the right way
So far, there is no other tool quite like it! It is a PMI® (www.pmi.org) standard for systematically managing portfolios, programs, and projects and improving them in alignment with an organization's goals. OPM3 helps assess current maturity, determine ideal maturity, and tracks steps to improvement. It helps organizations implement strategy through their projects.
Developed by over 800 professionals worldwide
The OPM3® team reviewed over twenty-five published maturity tools and models.
OPM3 provides organizations with a path to become more mature.
OPM3 offers a way for processes to be standardized, measured, controlled, and improved.
OPM3 is a system to evaluate and improve processes in terms of Best Practice, Capability, Outcome, and KPI.
OPM3 provides a maturing model to improve processes like Standardize, Measure, Control, and Improve in the domains of portfolios, programs, and projects.
OPM3 is designed for organizations that want to reduce failed projects and increase their number of successful strategies. Using OPM3, an organization can expect to:
Cut costs by not eliminating unsuccessful projects
Increase sales by implementing strategies & investing wisely
Reduce rework
Focus scarce resources where most needed
All projects start and close the same way
All projects report the same way
All projects follow standardized processes that are carried into organizational portfolios HOW WELL YOUR ORGANIZATION COVERS OPM3® STANDARDS PROVIDES YOU WITH A MEASURE OF HOW WELL YOU MANAGE PROJECTS TO ACHIEVE YOUR ORGANIZATIONAL STRATEGY.
For Executives:
Download and review this executive overview of OPM3 from PMI
Consider enrolling in the PMTI ½ Day Executive Overview of OPM3 ( 1/2 Day executive Overview ) For Asessors and/or Improvement Specialists:
PMI offers certification for two categories: Consider enrolling in the PMTI 4-day intense preparation (OPM3 4Day Bootcamp ) For Consulting Services:
PMTI offers consulting services to organizations that are serious about pursuing OPM3 assessment and developing a related improvement plan
The OPM3 training and assessments are designed, developed, and delivered by the two industry leading experts in OPM3 and Project Management
Tom Keuten, PMP
Yad Senapathy, PMP
OPM3
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