26.1. Maturity Concept

Four major factors sustain cost effective project business management:

  • Integrated business management and project management disciplines.

  • Integrated business management and project related processes.

  • Maturity of the integrated project business management processes.

  • Maturity and competency of the enterprise’s management in applying those processes.

A significant body of literature in recent years has addressed project management practices in business. It indicates that successful business enterprises are increasingly dependent on the use of projects, thereby making project business management a needed core competency. However, for project business management to be a valuable core competency in an enterprise, program and project ...

Get The Power of Enterprise-Wide Project Management now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.