Return to our Home page Search
Click here for the hotel and hospitality news from around the globe Hotel, Travel and Hospitality Articles Videos and in-depth Interviews
Read more now
Read more now
Read more now
Implementing Organizational Project Management
By Project Management Institute (PMI®)
Thursday, 3rd April 2014

A growing number of organizations have embraced organizational project management (OPM) in an effort to increase performance and gain a competitive advantage in the marketplace.

Research shows that a successful OPM strategy is dependent upon strong project management methodology – one that aligns organizational goals across the portfolio of projects.

An effective project management methodology provides a standardized, organization- or situation-specific approach that encourages efficient use of resources in order to enable the organization to focus on its most important tasks—leading, innovating, and delivering products and services.

While some organizations recognize the importance of project management, others continue to execute projects without a methodology. The lack of a strong methodology could lead to project or program failure.

Project Management Institute has introduced Implementing Organizational Project Management: A Practice Guide to assist organizations in developing and defining effective project management methodologies. In a 2012 PMI market research project, more than half of the respondents identified a lack of published guidance on development of customized methodologies.

This practice guide outlines practical knowledge and steps to define and develop a methodology in alignment with the foundational standards and framework that were first provided in PMI’s A Guide to the Project Management Body of Knowledge (PMBOK® Guide).

Implementing Organizational Project Management demonstrates how an effective project management methodology integrates globally-accepted best practices with business-specific processes and techniques.

The guide will help practitioners develop relevant and effective methodologies for their organizations, with emphasis on:

  • Important elements of a methodology;
  • Essential tools, templates, and resources;
  • Custom-fit approaches for consistent management of all projects;
  • Alignment of project management practices across the organization’s portfolio of projects;
  • Application of lessons learned to capture organizational knowledge and learning, resulting in regular updates and refinements; and
  • Consistent application of project management practices within the organization.
This practice guide provides the necessary tools to help project management practitioners develop a living, evolving methodology that will allow them to assess and refine their practices and become “best in class” performers.

Organizations are learning the value of customizing project, program and portfolio management processes to fit their specific objectives, practices and environments. Creating such a documented approach, called a methodology, allows the organization to standardize its project management practices company-wide and to increase the effective and efficient use of resources. In turn, the organization can focus on the important tasks—leading, innovating and delivering products and services.

A methodology usually incorporates and integrates:
  • Knowledge about the way in which an organization conducts its business, including requirements and processes.
  • Key aspects of culture and capabilities, as well as environment, industry sector and operational context.
  • Proven, recognized best practices or techniques and approaches such as those found in the PMBOK® Guide and other PMI standards.
For practitioners, a methodology provides consistency for both project managers and team members across the organization. Common tools, templates and other resources help the project manager guide the project to success. By creating a common language and a framework, individual team members don’t get mired down in creating custom tools and templates and can better understand their roles and expected contributions.

Implementing Organizational Project Management: A Practice Guide is available now as a no-cost download for a limited time at to all visitors, regardless of membership status.

The project management principles in the PMBOK® Guide provide the foundation on which to build a strong methodology. Explore our resources on this important topic.

Also Read at (Click title to read the full article)

Advertise with ...[Click for More]

~ Important Notice ~
Articles appearing here contain copyright material. They are meant for your personal use and may not be reproduced or redistributed. While 4Hoteliers makes every effort to ensure accuracy, we can not be held responsible for the content nor the views expressed, which may not necessarily be those of either the original author or 4Hoteliers or its agents.

Learn more about DigiJames - in room technology
 Related Articles  (Click title to read)
The Do's and Don'ts of Boutique Hotel Interior Design.
Fashion Mogul Karl Lagerfeld to Design Macau Hotel.
Underwriting Your PIP.
Digital Retail: Analyzing the Effect on Retailers.
 Latest News  (Click title to read article)
Approaching the top benefits the bottom
Wednesday, 27th August 2014

China's top tier two city wins planning prize
Wednesday, 27th August 2014

London leads EMEA hotel investment market
Wednesday, 27th August 2014

Patience, logistics and law in Yangon
Wednesday, 27th August 2014

News from around the Asia Pacific region, Aug 27
Wednesday, 27th August 2014
 Latest Articles  (Click title to read)
Pictures Are Worth 1,000 Words (Especially on Social Media)
Wednesday, 27th August 2014

Understanding the 'Generations' of travel: The Generation Y / Millennials – Part 5
Wednesday, 27th August 2014

Of the Pitfalls of Checking References: Damned If You Do, Damned If You Don't
Tuesday, 26th August 2014

What Women Want (From a Hotel)
Tuesday, 26th August 2014

Where To Go For Breakfast in Venice
Tuesday, 26th August 2014
 Most Read Articles  (Click title to read)
Global Update: Who's Where and Doing What - June 2014
5 Social Media Trends to Embrace this Year
Global Update: Who's Where and Doing What - May 2014
Marriott Offering Rewards Points for Social Media Posts
New HR Study: Candid Recruitment Experiences with LinkedIn
 Useful Links  (Click company to visit)
A-Listings - Exclusive Links Section @ 4Hoteliers

AETHOS Consulting Group ~ Overview and Articles

Book Hotels & Travel

Connect with us at LinkedIn

Customized Hotel & Restaurant Equipment

Digital Innovation Asia

Follow us on Twitter!

Hospitality Consultants ~ Lifestyle Concepts

Hospitality IT & Technology

Hotel Opening Processes: Exploring better ways to open new hotels.

ITB 2015 Marketing

Private, luxurious holiday villa in Valbonne

Sayang - For True Wine Lovers

TravelDaily China Travel Distribution Summit - Live Interviews

Wynamics ~ Working the Dynamics of Wine

ZIXI - Your Asian Partner: Advisory - Sourcing - Project Management - Market Entry

© Copyright 4Hoteliers 2001-2014 ~ unless stated otherwise, all rights reserved.
You can read more about 4Hoteliers and our company here

Use of this web site is subject to our
terms & conditions of service and privacy policy