Be in control with the Project Maturity Framework
In a constantly changing world, realising value from business opportunities requires even more than before to manage projects competitively. To achieve this goal, it is essential to lay the foundation for their success early on in the delivery and to avoid common pitfalls: cost overruns, delays in design and execution or poor operability once finally completed.
The Project Maturity Framework (PMF) is an online project evaluation tool measuring the readiness of projects to move to the next stage, against control points critical for the management of the risks associated with poor performance.
The framework, based on Prince2, integrates key lessons learned and best practices applicable to all activity sectors. This approach has been successfully used by leading organisations in various industries.
Projects are assessed by checking their status against questions in the following areas: value creation, stakeholder management, risk management, planning, cost estimation, team integration, controls & assurance.
The framework provides project managers and their teams with a simple dashboard enabling an efficient and effective project delivery.
By using the framework, project managers, PMO managers and portfolio managers get a snapshot of the health of their projects and their risk exposure at any point in the delivery, upon which they can make decisions and plan further actions.
At business level, the framework enables the identification of systemic strengths and weaknesses, by aggregating the results at PMO or portfolio level, to define performance improvement plans and build on best practices already in use.