Defining Enterprise Project Management

Enterprise Project Management (EPM) is more than just technology; it is a way of doing business, and it affects organizational structure and behavior. Although EPM is a relatively new discipline, many organizations around the world have adopted EPM best practices. In 2004, the Project Management Institute (PMI) released a new standard called the Organizational Project Management Maturity Model (OPM3). OPM3 is defined as “the consistent application of knowledge, skills, tools, and techniques to organization and project activities to achieve the aims of an organization through projects.”

The OPM3 standard defines best practices for project, program, and portfolio management at an organizational level. Tools ...

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