Current maturity level of the organization

Assignment Help Management Theories
Reference no: EM13217220

Before identifying the best practices an organization can adopt to improve project management maturity level we should first define the organization project management and outline how to measure the maturity level. According to (PMI, 2003) organization project management is the effective implementation of strategy via adopting a systematic management of projects, programs and portfolios. Thus the maturity of the organization project management is measured based on the degree to which the organization practices this type of project management and this is represented by the combination of the best practices attained within the project, program, and portfolio areas.

Improving the maturity level of the organization PM could be summarized into two stages:

  1. Assessing the current maturity level of the organization PM using models such as the OPM3 model which consider several dimensions such as the progression of best practices associated with the project, program and portfolio.
  2. According to the assessment the organization should obtain the best practices for any prospective improvement effort.

OPM3 has proposed 600 best practices that an organization may adopt to improve its PM maturity level. In my opinion I think the main key here is the standardization of the process starting from the initiation stage, planning (including planning the scope, the estimated budget, the resources....etc.), execution stage, up to the closing process. The next key is team work, all functions should work together to implement standard process. The third key is the PMBK which should be considered as the holy book of project management, managers should integrate the PMBK guide knowledge areas into the organization project management methodology.

The key elements of change management that should be consider when raising PM maturity level as defined by Pettigrew and Whipp (1991) are as following:

  • Environmental assessment- the change should satisfy the organization need; hence the selected maturity level should be based on the assessment preformed on the current organization PM maturity.
  • Leading change- managers who are leading this change should have the adequate leadership skills to lead the change, in additional the management style should also change to cope with the introduced change.
  • Strategic human resources management- HRM should be dedicated to support the change via training and development.
  • Linking strategic and operational change- strategic and operational changes must be effectively linked.

The 13 brand actions that were established by the DFCU financial management team to improve the PM of the company were all useful in my opinion however there are certain actions that I think benefits the company more than the others such as giving more responsibilities to the project managers and moving the projects managers from IT to business unit which allow project managers to control projects and most important develop the leadership and management skills of the managers. The other action is developing their project portfolio management by setting and implementing project selection criteria, in additional improve the way projects are ranked and prioritize. The other action is emphasizing the team work culture and motivates the team to share their experience and knowledge.

Reference no: EM13217220

Questions Cloud

Frequent changes in the current economic climate : Frequent changes in the current economic climate plus a changing marketplace, empowered workforce and technological advancements
Explain steps to protect the playstation4 trade secret : What steps must you take in order to obtain all the necessary trademark, copyrights, and patents for the new gaming console? What steps should you take to protect the PlayStation4 trade secret
Explain an instance representing : Describe an instance representing each of the three common forms. In your description of the three instances, identify the cause(s) of each of the conflicts.
Explain the appropriate process capability index : The standard deviation of the amounts was 0.034 ounce. Determine the appropriate process capability index. Roughly what proportion of bottles meet the specifications?
Current maturity level of the organization : Assessing the current maturity level of the organization PM using models such as the OPM3 model which consider several dimensions such as the progression of best practices associated with the project, program and portfolio.
Explain theory and correlation of emotional intelligence : There is much to be said about the theory and correlation of emotional intelligence (EI) related to organizational success and long-term sustainability of a manager/leader in his or her career.
Formulating a cohesive strategy : What might somebody else say to show your proposed solution is wrong and What alternative solution might someone else recommend?
Explain the research design of food hygiene study : This study was a joint project of the Carolina Population Center at the University of North Carolina at Chapel Hill, the Institute of Nutrition and Food Hygiene, and the Chinese Academy of Preventive Medicine. Describe the research design of this ..
Technique to address a business problem : How at least one other real-life companyhas used this technique to address a business problem and how that technique might be used at your own organization.

Reviews

Write a Review

Management Theories Questions & Answers

  List all the registration system stakeholders

1. List all the registration system stakeholders. How is each group affected?

  Explain porter’s five forces model

IFSM 300  :  Explain Porter’s Five Forces Model and how Bill can use it to analyze his current business and his expansion.  Be sure to address each of the 5 forces and explain to Bill what they mean for his business.

  Cultural psychology and qualitative methodology

subjectivism is often regarded as the sine qua non of qualitative methodology which is completely incorrect. In simple terms that qualitative methodology has an objectivist strand as well subjectivism. Objectivism states that the researcher's sub..

  Ethical leadership

Assignment is a 5-7 page research paper (APA format) on Ethical Leadership, include a reference page of 5-7 scholarly, peer-reviewed journal articles. Assignment is below:

  Simple statement of agreement or disagreement

Simple statement of agreement or disagreement is not sufficient. While you may make such a statement by way of an introduction to your reaction, you must clearly and logically state the reasons for the position you have taken toward the data prese..

  Case for critical analysis empress luxury lines

Compare and contrast the two businesses-core business, their size, financials, global presence, use of e-business and compare and contrast their outcomes

  A persuasive outline for an upcoming speech

Make a proposal to your local Chamber of Commerce to change the business zoning laws in your community. Make a proposal to your company’s social responsibility committee in your organization that it begin a company recycling program or become an acti..

  Analysis of holding cost and ordering cost

Analysis of holding cost, ordering cost, and set-up cost develop an inventory policy and develop a one-page or less report for Figi Fabricating

  Value of futures and forward contracts

VALUE OF FUTURES AND FORWARD CONTRACTS We consider a contract term G and a forward F both written on a same assets underlying S

  Leadership and transformation

Explain yourself before your transformation experience. Explain your transformational experience (make sure this is an experience you are comfortable sharing).

  Wal-mart-but we do give them a10 percent employee discount

Wal-Mart-But We Do Give Them a10 Percent Employee Discount and Tyco: I'm Sure That It's a Really Nice Shower Curtain.

  The mondragon cooperative corporation''s

Compare and contrast each of these principles with those of a successful, traditionally-organised, capitalist corporation of your choice and critically discuss the impact of each from an ethical perspective.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd