Project management maturity

What is project management maturity? Why is project management maturity

Project management maturity measures the important?
capability growth an organisation needs to Organisations are experiencing exponential growth
experience to successfully deliver their business in capital delivery programs and must grow their
through a portfolio of projects. There are five levels project management capability to meet this
of maturity: from ad-hoc through to adaptive. challenge.
A project management maturity assessment
framework provides the impetus and pathway for The project management maturity framework
an organisation to progress through these levels allows an organisation to compare its project
and ultimately achieve responsive, innovative and delivery with best practice, identify strengths and
highly successful project management capability. weaknesses, and define a structured route to
improvement.
Levels of project management maturity

• No formal project management processes or tools

1 Ad-hoc • No formal systems to report progress or capture lessons
• As a result, cost and schedule overruns and poor quality
• Some project management processes and tools
2 Planned • Scope, schedule and budget planned using tools
• Better achievement of objectives for time, cost and quality
• Common processes across lifecycle and organisation systems PMO
established
3 Managed
• Progress and risks reported and managed actively
• Consistent approach leading to greater capability and project results
• Projects and programs aligned with corporate strategic goals
4 Integrated • Interdependencies are monitored and controlled
• Achievement of business objectives through project success
• Integrating industry best practice into processes and tools
5 Adaptive • High levels of project success and customer satisfaction
• Continuous improvement drives innovation and best practice
What are the benefits of project We can help you improve your project management
management maturity? maturity by developing:
Project management maturity enables • a whole of organisation corporate reporting
organisations to: framework to measure performance,
inform decisions, meet statutory reporting
• successfully deliver infrastructure portfolios of
requirements
increasing size and complexity
• a program management office to help monitor
• establish a consistent project management
and control progress and support project teams
approach that supports training and enables
resources to move easily between projects • a portfolio view to map the interdependencies
across your projects
• build capability to effectively manage growth
and challenges • a consistent project management approach that
reflects industry best practice and is targeted to
• manage risks to delivery in an increasingly
your needs
complex and demanding infrastructure
environment • workforce planning to ensure you have the right
people, with the right skills at the right time to
• measure and benchmark performance to inform
meet your project requirements.
decision-making and achieve target outcomes
• continually improve based on past experience PB – your trusted advisor
and lessons learned. PB’s Strategic Consulting group provides
How can PB help improve your project management consulting services to owners,
operators, developers and regulators of
management maturity? infrastructure projects in the Australia-Pacific region
Assessing your project management maturity will and throughout the world. Our relationship with our
help you: clients lies at the very heart of our approach, and
• benchmark current performance against other we are committed to helping our clients succeed in
organisations an increasingly competitive environment.
• carry out project health checks to identify good Our group includes professionals with expertise
practice and immediate issues to be managed in corporate strategy, program management,
• set organisation-specific maturity goals and utility regulation, and economic forecasting and
priorities analysis. PB has over 100 years experience in
• develop a structured plan for improvements delivering major multidisciplinary infrastructure
across the key portfolio management framework projects across the world, with capability
elements: corporate governance, portfolio across engineering, planning and environmental
strategy, project governance, people, systems, disciplines.
methodology and continual improvement With our depth of knowledge, resources and
• engage staff to provide an impetus for experience, coupled with our mix of practical,
organisational change. commercial, people, technical and financial
expertise, we can deliver unique solutions to
drive your business forward.

For more information, please call +61 (02) 9272 5093