What Are Best Practices

Organizational project management maturity is described in OPM3 through the existence of Best Practices. A Best Practice is an optimal way currently recognized by industry to achieve a stated goal or objective. For organizational project management, this includes the ability to deliver projects predictably, consistently, and successfully to implement organizational strategies. Furthermore, Best Practices are dynamic because they evolve over time as new and better approaches are developed to...

Capabilities Outcomes And Key Performance Indicators

Project Management Process Measures

A Capability is a specific competency that must exist in an organization in order for it to execute project management processes and deliver project management services and products. Capabilities are incremental steps, leading up to one or more Best Practices. Each Best Practice is made up of two or more Capabilities. The existence of a Capability is demonstrated by the existence of one or more corresponding Outcomes. Outcomes are the tangible or intangible result of applying a Capability. In...

How Portfolio Program And Project Management Processes Constitute The Organizational Project Management Process

Pmi Portfolio Management Process

OPM3, then, not only includes the basic Project Management processes contained within the Project Management process groups, but also extends its framework to incorporate similar processes and process groups within the domains of Program and Portfolio Management. For details on the Project Management process groups and the specific processes included, consult the current edition of the PMBOK Guide. See Appendix I for details on the processes within the process groups of the domains of Program...