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Project vs Portfolio Management Maturity Levels

   

Added on  2023-01-20

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Project vs Portfolio
Management Maturity
levels
Name:
Institutional Affiliation:
Project vs Portfolio Management Maturity Levels_1


Organizations are in pursuit of identifying
performance and competitive advantages
They then leverage these performance and
competitive advantages via enhanced delivery and
efficiency of services and products
For this reason, maturity models are increasingly
becoming crucial in assessing current capabilities
of an organization(Mullaly & Thomas, 2010)
They also help organizations in implementing
improvements and change in a structured manner
Introduction
Project vs Portfolio Management Maturity Levels_2


The maturity framework is characterized by
five levels including:
Level I: Process awareness
Level II: Repeatable process
Level III: Defined process
Level IV: Managed process
Level V: Optimized process
Project vs. Portfolio
Management Maturity
Levels
Project vs Portfolio Management Maturity Levels_3

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