Project Management Maturity Models for Organizational Performance

Why do Project Management Maturity Models (PM3s), designed to enhance project management capabilities, continue to fail to deliver expected results? This book addresses this question by analyzing the obstacles to PM3 adoption and the factors contributing to high project failure rates.

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Project Management Maturity Models (PM3) are meant to aid organizations working to execute their projects effectively and completely. Despite increasing project management education and certification, many organizations still struggle with project success rates. So, why do PM3s, designed to enhance project management capabilities, continue to fail to deliver expected results? Project Management Maturity Models for Organizational Performance addresses this question by analyzing the obstacles to PM3 adoption and the factors contributing to high project failure rates. The book, gathering feedback from over 1,200 PM practitioners, sheds light on the limitations of existing PM3s and offers solutions to overcome these challenges. The proposed solution, the Duplex Project Management Maturity Model (DPM3), provides a more user-friendly and adaptable approach to assessing PM3 capabilities for different project types and scales. This book is valuable for project managers, organizations, and stakeholders looking to improve project outcomes, as well as for researchers studying business management and organizational efficiency. By providing a nuanced understanding of PM3 adoption barriers and project failure trends, the DPM3 offers a practical framework for enhancing organizational performance. It guides practitioners to PM maturity that aligns with international standards and best practices. This book is essential for those seeking to transform modern management practices and drive project success.