How has PMMM brought success to both SAP and Petrotrin's overall enterprise?
In the article, Growing Up , Jedd discusses how organizations can achieve success by implementing Organizational Project Management (OPM). According to this article, it is important for organizations to have particular skills to guarantee a steady success of their projects. With OPM, organizations can set goals and initiate the appropriate changes to enhance processes. Businesses all over the world have recognized the benefits of using the OPM model. SAP and Petrotrin are among the many businesses that are reaping the benefits of this model. SAP is a German-based software company, which deals with projects ranging from a month to a year. All the employees at this organization are experts at different levels. The organization is primarily concerned with increasing the employees’ skills in the project management field. Rather than seeking employee training programs in this specific area, SAP opted to introduce PMMM.
Petrotrin also integrated PMMM in their daily operations. This has enabled the organization to achieve planned tasks in a timely fashion and save costs. As a matter of fact, Petrotrin is currently able to develop quality targets simply because they are confident that they will achieve them on time. PMMM offers tools which have helped to improve skills of both Petrotrin and SAP. This model enables the two organizations to ensure appropriate management of activities as per their business objectives (Silvius & Karayaz, 2018).
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PMMM is positively associated with the ability of an organization to meet stakeholder demands (Silvius & Karayaz, 2018). From the attached article, it is evident that SAP and Petrotrin managers have proclaimed it as their future theme. Emerging projects such as those being carried out by Petrotrin require highly technical solutions such as PMMM. Additionally, a success in these and many other future projects may serve as a means of business prosperity.
Are The Organizations Continuing To Improve Their Project Management Maturity Levels?
Project management maturity is defined as the degree of excellence of an organization in a particular area (Silvius & Karayaz, 2018). In most cases, the nature of the business combined with market forces exerts an impact on an organization’s project management maturity level. Concerning Petrotrin, we can argue that they have successfully used PMMM because its industry is adaptable. Moreover, Petrotrin is a government entity and almost a monopoly organization which provides the ease of adopting PMMM. The current expansion program is a major evidence of Petrotrin’s success. The expansion program is basically about the upgrading of the second refinery which aims at improving the quality of refined products to meet the set global standards.
PMMM plays a pivotal role in the development of information technology project (Silvius & Karayaz, 2018). This is the main reason as to why SAP adopted this model. The model can guarantee a distinction between established firms and immature firms with ad-hoc processes. This distinction trait enabled SAP to measure its operation and to thus rank its performance. Based on the outcome, SAP initiated a performance improvement project in accordance with the recommendations provided by PMMM to achieve its present success (Kerzner, 2005).
Do You Believe Their Focus On Project Management Has Made Them Successful? Validate Your Beliefs.
It is quite obvious that both SAP and Petrotrin’s focus on project management has made them successful. Petrotrin has applied PMMM in their operations to achieve the planned tasks in a timely manner and also save costs. This has motivated the company to set targets because they know they will achieve them on time. Furthermore, the 2016 Mena Report highlights how Petrotrin’s focus on project management has allowed them to achieve success. In this Report, the company reports that it recorded a net profit of roughly $34 million in the exploration and production niche (Kerzner, 2005). Further reports indicate that the company is engaged in expansion and improvement projects to meet the international standards.
In the case of SAP, they have also focused on project management in order to achieve business success. For instance, many clients admire SAP’s expertise in the area of project management such that they have requested implementation to be launched in their own companies. The PMMM model has received subsequent upgrades and improvements, which make it a result-oriented management approach applicable to all sorts of business organizations regardless the industry.
References
Kerzner, H. (2005). Using the Project Management Maturity Model: Strategic Planning for Project Management . Hoboken, John Wiley & Sons.
Silvius, G., & Karayaz, G. (2018). Developing organizational maturity for effective project management .
