Project Management Maturity Model

Bol Partner

Assisting organizations in improving their project management processes, the Project Management Maturity Model defines the industry standard for measuring project management maturity. Project Management Maturity Model, Second Edition provides a roadmap showing organizations how to move to higher levels of organizational behavior, improving project success and organizational performance. It's a comprehensive tool for enhancing project management practices, covering areas critical to organizational improvement, such as the project office, management oversight, and professional development. It also provides methods for optimizing project management processes. The book also includes the Project Portfolio Management Maturity Model, which covers best practices for determining portfolio maturity, setting short-term priorities, improving portfolio management processes and tracking progress. The author, J. Kent Crawford, CEO of PM Solutions, describes the basics of project management maturity, including the benefits of assessing maturity, and presents a comprehensive framework for improving organization's processes. Chapters are based on the nine project management knowledge areas specified in the Project Management Institute's standard, the PMBOK(R) Guide. This edition also provides new and revised materials based on the PMBOK(R) Guide Third Edition. After an objective assessment, an organization can set its goals for increasing the capability of its processes and develop a plan for reaching those goals. This book is ideal for anyone involved with improving the capability of an organization's project and portfolio management processes.

Bol

Projects have always been an exciting professional field due to the unique factor of novelty and variableness which has aptly led to the discipline of “Project Management”. From time immemorial, Projects have been undertaken, and human civilization has emerged with great creativity, precision, and finesse. The world’s wonders like the Eiffel Tower, Pyramids of Egypt, Taj Mahal & GT Road are some of the historical testimonies of Projects. But these projects were devoid of time & cost, which in the present context are the significant aspect of any project. High-performing organizations show a high level of alignment between Organizational Strategy and Projects. In the Indian context, around 50% of infrastructure projects have time and cost overruns. Most organizations are deaf to timely resolution of issues & contractual disputes, which lead to arbitration and legal suits, causing cash outflow. During his long project execution career, author coined the slogan “Constraint first, Progress Later”, with an understanding of the barriers on the way or mitigation of the anticipated risks to clear the projects path. The author with his vast experience of more than 40 years in Hydrocarbon & Renewable projects and expertise, developed a practical model based on “Krishna Consciousness”, i.e., Unconscious, Semi-Conscious, Conscious & Super-Conscious on project management practices to control the projects for their completion within time and cost.