What is an organizational process asset?

An organizational process asset is consist of procedures and processes that greatly contribute to the company’s work. Organizational process assets are inputs needed by a company’s project management processes. These are fulfilled by the project’s team members in order to meet the needs and deadlines of a certain project.

These are all the collected knowledge and practices that will be used in executing the project. Without the organizational process asset, the project will not be successful as no reliable knowledge and data are inputted. The project team members are allowed and expected to add an update to the OPAs for any necessary information to the project.

Consist of processes and procedures that actively contribute to the work of the company;-organizational process assets consist of processes and procedures that actively contribute to the work of the company. organizational process assets are not typically a criteria for ranking a company amongst its competitors in the marketplace. a competitive ranking, in general, might be available for use or purchase, and as such it more closely resembles an enterprise environmental factor. similarly, organizational process assets do not typically assist companies in assessing trends in the marketplace. marketplace conditions are best categorized as an enterprise environmental factor. the culture and structure of an organization is also classified as an enterprise environmental factor. enterprise environmental factors and organizational process assets both contribute to many project management processes, so it is important to understand what each consists of and how they differ from each other. according to the pmbok, enterprise environmental factors include the culture and structure of the organization, governmental and industry standards, infrastructure, human resources, personnel administration and documentation, marketplace conditions, risk tolerances, commercial databases, and project management information systems. the pmbok breaks a companys organizational process assets down into two general categories: 1. processes and procedures. 2. knowledge base.