Project Management Maturity Model, 3rd Edition

16 ◾ Project Management Maturity Model

Attaining Level 5 Maturity

Organizations that achieve Level 5 are essentially best-of-breed

organizations and set the standard for the project management

discipline within their respective industry sectors. Those

working within such organizations are highly organized and

optimize project management practice through continual

improvement activities.

There are formal processes in place that are used to con-

tinuously improve project management activities. For example,

lessons learned are regularly examined and used to improve

project management processes, standards, and documentation,

increasing the probability of success for future projects. The

metrics collected during project execution are used not only ...