Project Management: Achieving Competitive Advantage, Fifth Edition

Developing Project Management Maturity

1. LO 1.6 Understand the purpose of project management maturity models and the process of bench-marking in organizations.

With the tremendous increase in project management practices among global organizations, a recent phenomenon has been the rise of project maturity models for project management organizations. Project management maturity models are used to allow organizations to benchmark the best practices of successful project management firms. Project management maturity models recognize that different organizations are currently at different levels of sophistication in their best practices for managing projects. For example, it would be reasonable to expect organizations such as Boeing (aircraft and ...