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PM3 Model of Project Management Maturity

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Project Management Maturity

And its Importance


What is Project Management Maturity

• Project management maturity refers to the progressive


development of an enterprise-wide project management
approach, methodology, strategy, and decision-making
process.
• The Skills, Capabilities and Procedure Required to manage
projects
What is Project Management Maturity

• The appropriate level of maturity will vary for each


organization based on its specific goals, strategies, resource
capabilities, scope, and needs.
• The proper level of maturity for which an organization should
struggle is determined during a detailed assessment
conducted by a professional project management consulting
team.
What is Project Management Maturity

• The organization has achieved full project management


maturity when it has met the requirements and standards
for project management effectiveness as defined by
the Project Management Maturity Model , and it is capable
of demonstrating improvements such as on-time project
delivery, cost reductions, organizational efficiency, and
profitability.
History of the PMMM

• In the mid-1980's, the Software Engineering Institute at


Carnegie Mellon University published a framework intended
to help the government assess which software contractors
would be best capable of delivering complex software
projects.
• The model has since been adapted to fit a broad range of
industries and functions,
The Project Management Maturity Model

• The Project Management Maturity model is a formal tool


used to measure an organization's project management
maturity.
PMMM (PM3 Model)

• There are five levels in the PM3 Model


 Level 1: Ad-Hoc

 Level 2: Abbreviated

 Level 3: Organized

 Level 4: Managed

 Level 5: Adoptive
PMMM (PM3 Model)

 Level 1: Ad-Hoc

• Unpredictable,
• Poorly controlled processes
PMMM (PM3 Model)

 Level 2: Abbreviated

• Inconsistent
• Reactive in nature
• Better than ad-hoc level
PMMM (PM3 Model)

 Level 3: Organized

• Standard,
• Well-defined project management procedures
• Act proactively, not reactively
PMMM (PM3 Model)

 Level 4: Managed

• Controlled
• Use Efficiency and Effectiveness
• measures project performance using well-defined metrics
• Managed processes
PMMM (PM3 Model)

 Level 5: Adoptive

• Focus on continuous process Improvement


• Using innovative techniques
Benefits of PM3
Benefits of PM3
Benefits of PM3
THANK
YOU

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