What is Project Management Maturity Model?
A Project Management Maturity Model is formal tool that is meant to measure the maturity of an organizations project management (Crawford, 2014). Once the initial level of maturity has been identified as well as the areas of improvement have been identified, this model provides a road map which outlines the steps that need to be taken to help towards project management maturity performance improvement and advancement. It comprises of five levels. The first is the common language. This is the part where the organization makes a recognition of the fundamental principles of project management. This is the first step of project management which all projects need to go through. The second step is the common process. This is the stage where the organization is able to use project management as well as develop the processes and the methodologies to support its effective use (Crawford, 2014). The behavioral expectations of the organizational personnel are at this point necessary for the methodology to be executed repetitively. Singular methodology is the third step. It is at this level that the maturity of the organization is able to recognize that process control and synergism can be achieved best through the development of a singular methodology rather than by the use of multiple methodologies. Most companies that are at this stage are committed totally to the project management project.
The fourth level is benchmarking. This is the level where the organization uses benchmarking to compare other professional projects with theirs so as to know where to make improvements. Continuous improvement is the last stage where the organization looks at the information it collected during benchmarking and implements the changes that are necessary to make improvements (Crawford, 2014).
Most Important And Difficult Organizational project Management Levels of Project Management Maturity
There are five levels of OPM in project management maturity. Among them the level 1 which is the project foundation is the most important part of the project development. This is because level 1of the 5 levels of Organizational project management is the main determinant of whether a project exists or not. It is the main stage in the project development, which gives a base in which the project will be developed. The project portfolio is created at this stage of the project development and the cost of the project is also determined. Thus, this level plays a major role in determining the viability of a project and justifying its development or why a project should be abandoned. Thus, it help in saving resources from any form of wastage and also in ensuring that only the activities that need to be invested in are carried forward.
Among the five, the most complex stage of project development is value management. This stage requires a number of complex aspects that include tools, models, and metrics for quantifying the project value. The stage requires conducting a number of evaluations and to ascertain that the project maintain a high level of quality. The stage ensures effective application of the project risk management and ensures that all that need to be done to ensure successful project completion is done. The stage focuses more on enhancing the project efficiency though risk management and employment of the best strategies to enhance efficiency. The stage requires previous knowledge on project management and extensive information on aspect that would interfere with successful operation of a project in certain environment. Thus, the stage is very demanding and involving (Priority Systems, 2015).
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