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Project Management Maturity Model

Please explain:

- The definition of the Project Management Maturity Model and how organizations can increase their overall productivity using the model.
- The importance of organizational strategy and how project management needs to link to objectives to achieve results.
- Project communication methods including who the stakeholders are and why they are important to the project manager.
- The use of project quality, including earned value analysis, and examples of successful and troubled projects.
- A conclusion to describe how the probability of success can be found with an organization that is able to reach maturity in terms of project management.

Solution Preview

- The definition of the Project Management Maturity Model and how organizations can increase their overall productivity using the model.

The project management maturity model is a tool developed by PM Solutions and is used to measure the project management maturity of an organization. Initially the level of maturity and areas for improvement are identified, the Project Management Maturity Model gives a roadmap that enables the necessary steps to improve the organization's maturity and improve its performance. The Project Management Maturity Model is a best practice standard for improvement, and helps organizations understand their project management processes (1). The model provides a framework for assessing the present performance and putting in place improvement plans. The Project Management Maturity Model helps organizations to identify and leverage competitive and performance advantage from improved efficiency and delivery.

- The importance of organizational strategy and how project management needs to link to objectives to achieve results.

Organizational strategies are important because these help the organization achieve its goals. The strategies are important because they spell out what needs to be done to achieve organizational goals. The strategy is developed after extensive external and internal analysis. It is important because it gives a ...

Solution Summary

The Maturity Model is explained in a structured manner in this response. The answer includes references used.

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