Organization Project Management (OPM)
Organizational Project Management (OPM) is the framework used to align projects, programs, and portfolio-managing procedures within the organizational context. OPM helps organizations through alignment with organization strategy, incorporating with corporate policy, delivering value and consistent development.
Project Management and Organization Project Management
- Project management is how you organize and undertake activities within a specific project that help accomplish specific goals.
- Organizational project management is the framework that connects all your projects to the overall company strategy.
Pillars of the OPM
OPM “A strategy execution framework that utilizes portfolio, program, and project management as well as organizational-enabling practices to consistently and predictably deliver an organizational strategy to produce better performance, better results, and a sustainable competitive advantage” (PMI, 2013a, p. 3).
Portfolio “Projects, programs, sub-portfolios, and operations managed as a group to achieve strategic objectives” (PMI, 2012).
Program “A group of related projects, subprograms, and program activities that are managed in a coordinated way to obtain benefits not available from managing them individually” (PMI, 2012).
Project “A temporary endeavour undertaken to create a unique product, service, or result” (PMI, 2012).
OPM & Stratagies
Organization Project Management is an organizational effort to systematically coordinate, manage and control a Portfolio, Program and Project in the context of the strategic plan, the primary factor guiding investments in the project. It’s standardizing an organization’s approach on how to manage all three levels to consistently deliver better projects. All projects are unique so we may tailor the processes but we all use the same approach.
There is no secret recipe or silver bullet for OPM; it has to fit within each organisation’s framework and therefore is different in each organisation.
Benefits of the Organizational Project Management (OPM)
- Improved Alignment: Connect daily activities, projects and everything to goals and outcomes.
- Enhanced communication: OPM emphasizes the importance of effective communication throughout the project management process. Clearer team alignment helps idea makers. Boundaryless environments increase engagement and lower guarding.
- Improves decision-making: Sharing ideas and real-time information and inviting everyone to participate makes educated decisions simpler.
- Improves business: OPM emphasises project management standardisation. This approach helps you redesign business processes to eliminate inefficiencies.
- boosts productivity: Productivity is a flawed statistic that emphasises quantity above quality. OPM standards and context enable better work.
- Consistency. Reorienting processes, procedures, and people makes prioritising high-impact tasks simple. So, your business paradise becomes actual.
- Better resource Utilization: Strategy execution is cheaper when everything is in place. When each operation adds value, your technological debt decreases.
- Competitive edge. When people and systems work together, your firm can innovate, avoid disruption, and seize market opportunities.
- Satisfies customers. The internal happiness OPM provides will ultimately benefit your consumers.
In conclusion, Organizational Project Management (OPM) is a framework that helps align an organization’s strategy with its project management practices. OPM emphasizes consistency, improved alignment, better resource utilization, improved risk management, and enhanced communication, which can all contribute to more successful project outcomes. By adopting an OPM approach, organizations can ensure that their projects are aligned with their overall strategic goals and are executed in a consistent and predictable manner, which can help improve overall project performance and contribute to the long-term success of the organization.