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project portfolio

by | Nov 29, 2023 | questions

As an organisation enhances its project management capability, it
is important for the organisation to assess where it is at any given moment in
its journey. Building on the Computer Management Maturity Model work completed
at the Software Engineering Institute, the Project Management Institute and
others have developed an Organisational Project Management Maturity Model
(OPM3) to help an organisation assess where it is, to improve its project
management capability, and to identify key steps it can take to move ahead. It
is important to review the OPM3 so that students understand that a convenient
methodology or framework exists for helping them assess where an organisation
is with respect to its project management capability.

Through
numerous applications of OPM3, the PMI has developed a series of best practices
which show what approaches, methodologies, or practices organisations have
implemented to increase their organisation’s maturity level. These best
practices show how an organisation can improve its project management maturity
or capability level.

For
this week, complete the following Discussion Questions:

1.
Analyse the key best
practices which you believe the organisation can adopt to improve its project
management maturity level.

2.
Examine and describe the
key elements of change management which you would use during an initiative to
raise the project maturity level of an organisation.

Review
the Dearborn Federal Credit Union (DFCU) case in Kerzner, Chapter 6, pp.
282–291. Of the actions the DFCU Financial management team took, analyse and
discuss those which you feel were the most valuable to improving the project
management culture within DFCU Financial. Discuss which actions you feel did
not benefit the organisation very much.

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