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PMI’s
Third Edition:
What It Means to You
®
OPM3

Tony Appleby, PMP, SCPM, CSM
PMI Certified OPM3® Professional
PMI RESEARCH

P

Antecedents and Consequences of User Coproduction
in Information System Development Projects
Digital Boundary Objects as Negotiation Facilitators:
Spanning Boundaries in Virtual Engineering Project
Networks

2
PMI RESEARCH

P

There’s MORE???

3
PMI RESEARCH

P

4
PMI RESEARCH

P

5
PMI RESEARCH

P

6
PMI RESEARCH

P

7
PMI RESEARCH

P

Organizations with High Maturity Levels
8
PMI RESEARCH

P

9
PMI RESEARCH

P

10
PMI RESEARCH

P

88%

Although nearly 90 percent of executives say
implementing projects to deliver strategic
results is essential or very important…

61%

…61 percent say they struggle to close the
gap between strategy formulation and project
implementation.

44%

Nearly half of all strategic initiatives
did NOT succeed in the last 3 years.

11
DEFINING SUCCESS

P

The classic project
paradigm of success:
• Stays within original
scope of the design
• Completed on time
• Completed on budget

Gartner Research

12
DEFINING SUCCESS

P

The classic project
paradigm of success:
• Stays within original
scope of the design (9%)
• Completed on time (12%)
• Completed on budget (19%)

Gartner Research

13
DEFINING SUCCESS

P

The BUSINESS
paradigm of success:
• Aligns with company
strategy
• Enhances competitive
position
• Supports revenue
• Supports innovation
14
© 2013 Project Management Institute, Inc.
MATURITY MODELS

P

Enough with the
numbers, already…
15
MATURITY MODELS

16
MATURITY MODELS

17
MATURITY MODELS

18
MATURITY MODELS

SEI CMMi
Level

Effort
(Labor
Months)

Defects

Cost

1

16,362

25,069

$163.3M

2

6,488

9,909

$64.7M

3

1,876

2,874

$18.8M

4

866

1,326

$8.7M

5

342

524

$3.4M

500,000 lines of code at Raytheon as measured at differing maturity levels

19
MATURITY MODELS

20
WHAT IS OPM3®?
Organizational Project Management Maturity
Model – OPM3
• Provides a way for organizations to measure themselves
against best in class practices of managing Projects,
Programs, and Portfolios.
• Shows the maturity of organizations in implementing OPM to
achieve their organizational objectives.

• Highlights needed areas of improvement for organizations to
help them achieve better business results.
21
OPM VALUE CHAIN

Business
Results

Inputs
Vision
Mission
Strategy
Market

Program, Project,
Portfolio, &
Organizational
Environment

Outputs

Tools & Techniques

22
OPM VALUE CHAIN
Strategy
• Expression of mission and vision
• Orientation to market and competition
• Direction (change) for development and growth

• Definition of performance and measures of success

23
OPM VALUE CHAIN

24
OPM VALUE CHAIN

25
OPM VALUE CHAIN

26
OPM VALUE CHAIN

27
OPM VALUE CHAIN

28
OPM3® OVERVIEW

Portfolio Management

ASSESSMENT
Program Management


Project Management
Organizational Enablers

Standardize

Measure

By Domain(s)



By Improvement Stage(s)



By Business Outcome(s)

Control

Continuously
Improve
29
OPM3® OVERVIEW

P

DOMAINS AND ENABLERS
PROJECT MANAGEMENT
47 process activities across 10 knowledge areas and
5 process groups

PROGRAM MANAGEMENT
36 process activities across 9 knowledge areas and
3 process phases
PORTFOLIO MANAGEMENT
16 process activities across 5 knowledge areas and
3 process groups
ORGANIZATIONAL ENABLERS
18 distinct enabler groups
4 categories
30
OPM3® CONSTRUCT
Best
Practice

Capability

Outcome

Outcome

KPI

KPI

Capability
Outcome

KPI
31
OPM3® CONSTRUCT

Best Practice

Best Practice

Capability

Capability

Outcome
KPI
Outcome

KPI

Outcome
KPI
Outcome
KPI

KPI

Outcome

Capability

Capability
Outcome
KPI

32
OPM3® CONSTRUCT

33
OPM3® CONSTRUCT

34
OPM3® CONSTRUCT

35
OPM3® CONSTRUCT

36
OPM3® CONSTRUCT

37
OPM3® CONSTRUCT

38
OPM3® CONSTRUCT

39
OPM3® CONSTRUCT

40
OPM3® CONSTRUCT

41
OPM3® CONSTRUCT

42
OPM3® APPROACH

COMPARISONS


By Support Areas



By Line of Business



By Geography



By Industry

43
OPM3® VALUE

More mature organizations enjoy:
• increased throughput in their portfolio pipeline,
• earlier time-to-market,
• increased customer satisfaction,
• higher quality outputs,
• improved employee morale,
• budget and schedule adherence, and
• significant other improvements to capabilities and outcomes.

44
OPM3® ASSESSMENT
Baseline current
environment and
document issues
through
interviews,
surveys, and
artifact reviews

Map current
situation with the
maturity model
and industry best
practices to
identify gaps

Compile and
document project
management
maturity
assessment
findings

Document and
prioritize
recommendations
for improvements

OPTIONS


Level of rigor of the assessment



Organizational elements to be assessed



Deliverables to be produced



Use of surveys and/or focus groups
45
OPM3® OUTCOMES

Based on your value strategy
for your target market as the
means to achieve
better performance,
better results, and a
sustainable competitive
advantage for your company.

46
OPM3® VALUE
Percentage Improvement in
All Organizations

Percentage Improvement in
IT Organizations

47
WHY SHOULD I BE
INTERESTED IN OPM3®?
Business Realities

Demands Organizational Agility

> Global competition
> Increased demand for transparency
< Tighter budgets
< Smaller staff
< Less growth

^ Better change management
^ More virtual work
^ Global know-how
^ Innovative thinking

Demands Ever-Increasing
Project Manager Competency

Demands Project Maturity

* Team motivation skills
* Negotiation skills
* Communication skills
* Financial skills
* Risk management skills

+ Better alignment of projects and
business strategy
+ Enterprise-wide standardized PM
+ Support practitioner development
+ Project metrics
48
WHO SHOULD BE
INTERESTED IN OPM3®?

• Provides the organization a disciplined and systematic means
of delivering its strategy
• Delivers critical data to manage the business

• Provides a design model to build and mature a PMO
• Method to understand your organization's
implementation of organizational project management
• Elevates the value of the PMO
49
WHO SHOULD BE
INTERESTED IN OPM3®?

• Knowledge that your project is important to the organization

• Knowledge that the organization values your contribution

• Focus on what really matters the most

• Better visibility to achievements
• More focus on getting work done; less focus on documentation

• Creates a mechanism to assess capability of
organizations
50
HOW DO I GET STARTED?

• Professional Services
• Community of Practice
• Certification Training
• Standards Benchmark

SM

51
“The future is already here;
it is just unevenly distributed.”
William Gibson
OPEN DISCUSSION

Q&A

53
WHO WE ARE

BOUTIQUE CONSULTANCY

Maturity Assessment Services
tony.appleby@tpscg.com

Project Management Services

www.projectstrategy.com
+1 800 452 7814

PMI and the PMI logo are registered marks of the Project Management Institute, Inc.

 Certified Assessors
 Minimum 20 Years Experience

54
WHAT WE DO

ASSESSMENT SERVICES

PROJECT MANAGEMENT SERVICES



OPM3®



Success Measurement



Business Processes



Project Remediation / IV&V



Organizational Change



PMO Implementation / Reengineering



Business Development



Benefits Realization



Corporate Governance



Mergers & Acquisitions Assistance



Practitioner Competency



Coaching and Mentoring

 Roadmaps for Improvement
 One of Eight “True” OPM3® RCPs

 Robust Toolkits
 Access to Advanced Research
55
HOW WE DO IT

DELIVERABLES DRIVEN



Deliverables-based fixed cost pricing structure for assessments



Insourcing: Continuous stakeholder involvement and knowledge transfer



Trusted advisor / trusted partner focus



Industry-recognized and robust practices, models, and research

56
VALUE TO CLIENTS

DELIVERABLES DRIVEN



Low cost, high impact engagements



Rapid, tangible results



Focus is on adding value and ensuring success



“Added features”



Trusted advisor / trusted partner
57

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