Project portfolio management maturity model for dynamic environments

C. P. Killen, R. A. Hunt

Research output: Chapter in Book/Report/Conference proceedingConference proceeding contribution

Abstract

Project portfolio management (PPM) capabilities provide a holistic decision-making framework to align projects with strategy and to ensure resource sufficiency for the project portfolio. PPM capabilities are shown to evolve in response to dynamic environments in six case studies. Capability Maturity Models (CMMs) are often used to outline the maturity paths for the establishment and evolution of PPM capabilities. This paper presents a PPM CMM that improves upon existing CMMs by incorporating organisational learning capabilities, by recognising antecedents for maturity stages that build upon other capabilities and by paying explicit attention to capabilities that assist in balancing exploration and exploitation projects.
Original languageEnglish
Title of host publicationAustralian Institute of Project Management 2009 conference proceedings
PublisherAustralian Institute of Project Management
Pages1-9
Number of pages9
Publication statusPublished - 2009
EventAustralian Institute of Project Management Conference - Adelaide
Duration: 11 Oct 200914 Oct 2009

Conference

ConferenceAustralian Institute of Project Management Conference
CityAdelaide
Period11/10/0914/10/09

Keywords

  • Project Portfolio Management (PPM)
  • Capability Maturity Model (CMM)
  • organisational learning
  • exploration and exploitation

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