PMBOK 5 - Ch1.4 - Relationships Among Portfolio Mgmt, Pgrm Mgmt, Project Mgmt, Org Proj Mgmt

Question 1

What is OPM

Answer 1

Organizational Project Management

Question 2

What does OPM do

Answer 2

Strategy execution framework utilizing project, program, portfolio management and org enabling practices to consistently and predictably deliver organizational strategy producing better performance, results, and sustainable competitive advantage

Question 3

How does portfolio management align with organizational strategies

Answer 3

selecting right program/projects, prioritizing work, providing resouces

Question 4

How does program management align with organizational strategies

Answer 4

Harmonizes projects and program components and controls interdependencies in order to realize specified benefits

Question 5

How does project management align with org strategy

Answer 5

Develops and implements plans to achieve a specific scope that is driven by the objectives of the program or portfolio it is subjected to an dultimately OPM

Question 6

How does OPM advance org capability

Answer 6

By linking project, program, portfolio mgmt principles w/ organizational enablers (structural, cultural, technological, hr practice) to support strategic goals

Question 7

What are organizational enablers

Answer 7

Structural
Cultural
Technological
HR Practices