Saturday, February 27, 2010

Taking OPM3 to the Next Level:

More than ever before, organisations are taking on complicated projects. As these organisations increase in size, the number of projects being executed by them also increases. However, research has shown that the success rates of these projects are on the decline. The featured paper by John Schlichter proposed the adoption of maturity models by organisation to provide them with road map for performance improvement.

Schlichter (2007) identified different maturity models with emphasis that majority are customised to fit into specific industries. Nevertheless, one maturity model, the paper focused on was the PMI’s OPM3 for many reasons including having a modular architecture and being applicable across all kinds of projects and organisations.

One area of concern highlighted by Schlichter is that unlike other maturity models, OPM3 is not categorised into levels with the rationale that the market place should be allowed to do that. Albeit, a de facto maturity level has been adopted by users to represent OPM3 levels and is represented by the diagram below.

http://www.12manage.com/images/picture_opm3_model.gif

Fig1 : OPM3 maturity Model

Schlichter (2007) explained that OPM3 presents an approach that guarantees a progression across the maturity levels to be adopted across the domains that any organisation is practising. Since creation, PMI’s OPM3 has been adopted by different industries so the time has come for decision to be made concerning the maturity levels, Schlichter opined.

The author analysed various scenarios by “slicing and dicing” the process management stages of standardize, measurement, control and continuously improve by the domains of Project, program and portfolio and stressed the need to understand the hierarchical and continuous nature of OPM3 (which explains that some requirements must be addressed together while others independently) .

Green (2005) however insists that the adoption OPM3 alone does not guarantee an organisation achieving a sustainable competitive advantage. This is because apart from the fact that OPM3 makes it easier for organisations to imitate each other and the focus on formal protocols and processes, it gives less meaning to strategy and leadership which Green considers as key for companies maintaining a sustainable competitive advantage.

References

  1. An EXECUTIVE Guide to OPM3: A Guide to Strategic Success, Business Improvement and Competitive Advantage available online at http://www.cmcs.ae/media-files/2007/10/09/20071009_PP-OPM3ExecGuide.pdf [accessed on Feb. 25, 2010]
  2. SCHLICHTER, J., 2007. Taking OPM3 to the Next Level. PM World Today,9(6). Available From: http://www.pmforum.org/library/papers/2007/PDFs/Schlichter-6-07.pdf [Accessed 23 February 2010]
  3. GREEN, S., 2005. Strategic Project Management: From Maturity Model to Star Project Leadership. Available From: http://www.pmforum.org/library/papers/2006/stratprojmgtstarleaders.pdf [Accessed 17 February 2010

Monday, February 15, 2010

Project Management Websites

(i) http://www.pmi.org/ (Project Management Institute)

(ii) http://www.apm.org.uk/ (Association of Project Management)

(iii) http://www.gantthead.com/ (The online community for IT Project Managers)

(iv) http://www.projectmanagement.com/

(v) http://allpm.com/ (The Project Manager's Homeage)

(vi) http://www.asapm.org/ (The American Society for the Advancement of Project Management)

(vii) http://www.pmforum.org/ (The Project Management Forum)

(viii) http://www.p2ug.com/ (The International Prince2 User Forum and Group)

(ix) http://www.e-programme.com/ (The Programme Management Website)

(x) http://www.bcs.org/ (British Computer Society)

(xi) http://www.ipma.ch/ International Project Management Association (IPMA)

(xii) http://www.iappm.org/ (International Association of Project and Program Management) - IAPPM

(xiii) http://www.aacei.org/ (Association for the Advancement of Cost Engineering) - AACE

(xiv) http://www.majorprojects.org/ (Major Projects Association)

(xv) http://www.standishgroup.com/ (Excellent selection of publicly accessible articles, especially on IT Project Success and Failure (see CHAOS)

(xvi) http://www.pmboulevard.com/ (Program Management, Portfolio Management, Project Management)

(xvii) http://www.projectmanagementsource.com/ (Project Management news, software reviews and more)

(xviii) http://www.projectminds.com/ (Project Management Guide and other roject resources)

(xix) http://www.4pm.com/ (PM Library)

(xx) http://www.projectsatwork.com/ (Projects@Work)

(xxi) http://www.themanager.org/ (Themanager.org)

(xxii) http://www.prince2.com/ (European Project Management method)

Project Management Journals:

(i) International Journal of Project Management - http://www.elsevier.com/

(ii) PM Network Online - http://www.pmi.org/

(iii) Project Magazine - http://www.projectmagazine.com/

(iv) Project Manager Today - http://www.pmtoday.co.uk/

Friday, February 5, 2010

ABOUT KEVWE KOFI.....PROJECT MANAGER

My name is KOFI OGHENEKEVWE (Although someone at the admission office prefers KOFI KOFI). I am a Nigerian- and an extremely proud one for that matter-not Ghanaian as the surname suggest. My first name is completely Nigerian.....enough of the name issue (nobody has been able to solve the riddle anyway!).

I had my first degree in Computer Science (one of the few undergraduate courses that make sense) from the prestigious University of Benin, South of Nigeria.

I worked in the telecommunication industry (a project oriented industry) for two years before taking the leap of faith to further my studies. The course Project Management and subsequent modules in first and second semester will not only add value but also increase my skills and expertise.

I loved the Internet (would die without it- that’s a lie o!) but I just love surfing the internet for anything....and I make some dough from it too....by though I mean British Pounds Sterling. I have over 30 blogs and three dotcoms to my credit.

Unlike most guys, I don’t support any football club (though I remain a fan of the Super Eagles of Nigeria and a sympathizer with Arsenal FC- the two remind one of something).

I hate, I repeat, I hate the cold in this part of the world......winter, summer, autumn, spring etc...no difference!

I have listed below some of my publications and sites for your perusal.

http://resume-ez.com/ResumeInfo/119.php

http://mypmreflections.blogspot.com/