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(PM-1492) Vital Signs of a Healthy Project Management Environment

Primary Author: Dr. Vittal S. Anantatmula and Dr. Parviz F. Rad PE CCP

Audience Focus: Intermediate
Application Type: Research
Venue: 2014 AACE International Annual Meeting, New Orleans, LA, USA

Abstract: Project management sophistication is the state of enterprise practices in which success of projects is predictable and that the definitive measure of project management success continually improves with time. Conducting a full assessment of the organizational project management sophistication is relatively time consuming and costly. Thus, many organizations have a need and desire for instruments that would provide a rough estimate of the project management maturity of the organization without a major expenditure of funds. When a rough and informal estimate of the organizational maturity is required, organizational maturity can be extrapolated or inferred from the involvement of PMO in organizational project management, from team maturity, from sophistication of the metrics system, or even from the success rates of a select group of project managers. This paper includes several instruments that should help in that regard.