Ask Management Theories Expert

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.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M9752150

Have any Question?


Related Questions in Management Theories

Assignment -for this assignment analyze and discuss your

Assignment - For this assignment, analyze and discuss your personal leadership style. Based on your experiences, current readings, work experience, education, and use of self-assessment instruments describe what you thin ...

Assignment -personal reflection 1 -instructions - watch

Assignment - Personal Reflection 1 - Instructions - Watch Milgram's obedience video: Milgram Experiment Proves We Blindly Obey Authority. Consider the following. Christ called his disciples to follow him (Mark 1:17). He ...

Assignment -instructions - please follow instructions for

Assignment - Instructions - Please follow instructions for all for Personal Learning Journal. And each personal learning journal should be of 300words. Each student will keep a personal journal to reflect and record thei ...

Healthcare information technology overview the current

Healthcare Information Technology Overview: The current healthcare industry utilizes a plethora of healthcare information technology (HIT) systems. HIT systems are designed to enhance quality outcomes, prevent adverse ev ...

Archetypes in actionsenge ross smith roberts amp kleiner

Archetypes in Action Senge, Ross, Smith, Roberts, & Kleiner (1994) noted: At its broadest level, systems thinking encompasses a large and fairly amorphous body of methods, tools, and principles, all oriented to looking a ...

Assessment descriptionyou are required to read the

Assessment Description You are required to read the following journal article article: 1. How Risky is Your Company? HBR. May-June 1999 You are also required to read a fictional case study based on a company that will be ...

Discussion - this discussion deals with the important topic

Discussion - This Discussion deals with the important topic of whether money is a motivator for increased job performance and satisfaction. Look at your own history of how you have been compensated, what problems you saw ...

Question - choose a product or technology interview five

Question - Choose a product or technology. Interview five consumers who buy that product and ask them what major problems they have with the product (or what major things they dislike about it). Then ask them to describe ...

Questions -1 choose an industry and then use the library or

Questions - 1. "Choose an industry and then use the library or the Internet to find data from secondary sources that will be highly useful in developing a marketing plan." Start thinking of the industry that relates to t ...

Developing leaders and organisations assessment - report on

Developing, Leaders and Organisations Assessment - Report on Promoting Individual Informal Workplace Learning Brief - You are the newly-appointed Human Resource Advisor in a medium-sized business that employs approximate ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As