How to Use a Portfolio Management (PPM) Maturity Model

The new online PPM maturity assessment tool is at: https://acuityppm.com/ppm-maturity-assessment/

Adapted from the blog post: https://acuityppm.com/ppm-101-assess-portfolio-maturity-in-order-to-get-there/

Why should I measure project portfolio maturity?
Measuring your organization’s portfolio maturity is critical for the long-term success of strategic portfolio management. Organizations that do not periodically assess their maturity and progress toward maturity goals will fail to realize the benefits of project portfolio management.

What is a portfolio management maturity model?
A portfolio management maturity model is a tool used to assess the quality and sophistication of various portfolio management capabilities including: ideation, work intake, Stage-Gate, prioritization, portfolio optimization, portfolio planning, resource capacity planning, portfolio risk management, portfolio communication, portfolio reporting and analytics, portfolio value management, project monitoring, and portfolio governance.

What are the five levels of a portfolio management maturity model?
Level 1—INITIATION (“Ad Hoc”): no standards exist at this level
Level 2—DEVELOPING (“Emerging Discipline”): some standardization of processes exist, although most processes are still immature.
Level 3—DEFINED (“Responsive”): Processes are well defined and established in the organization, with process documentation made freely available to the organization.
Level 4—MANAGED (“Proactive”): governance bodies begin to utilize optimization techniques to drive even greater value to the portfolio with little or no extra cost.
Level 5—OPTIMIZED (“Advanced”): at level 5, there is so much organizational rigor and process discipline that the organization proactively uses optimization techniques, and does so with little or no resistance.

Видео How to Use a Portfolio Management (PPM) Maturity Model канала Acuity PPM