Organizations strive to reach higher business practice maturity because it is directly correlated to improved organizational performance. Great project management and business analysis leads to more effective business procedures, higher quality deliverables, lower project costs, higher project team morale, a better balance between cost, schedule, and scope, and ultimately added value for the entire organization. The primary purpose of maturity assessments is to evaluate the maturity of business practices needed to execute projects successfully within an organization and provide recommendations to improve overall project delivery capability.
A properly performed assessment also serves as the catalyst for positive change in the organization. Organizational maturity assessments are designed to accomplish the following objectives:
Measure the ability of the organization’s collective project staff to repeatedly deliver projects that meet specifications, on time and within budget.
Identify gaps in current project planning and execution capabilities.
Provide a foundation for improvement and guidance for advancement in project practices through prioritized, structured, and sequential improvements.
Provide an indicator of how effective the client’s organization is in meeting its goals in managing projects and meeting business objectives.
This paper discussed the systematic approach to conducting an organizational Practice Maturity Assessment