Mind the gap
To survive the current economic downturn, organizations worldwide are increasingly seeking ways to improve performance and increase productivity. As a result, many are attempting to improve their project management maturity. But many of these also have not recognized the gap between maturity perception and maturity reality. This article examines how organizations can achieve project management maturity. In doing so, it identifies the key differences between organizations with low-level maturity and those with high-level maturity. It describes the process of successfully achieving an advanced level of maturity. It also discusses how organizations can move from standardizing maturity to measuring maturity. It then looks at how and why organizations should now invest in efforts to mature project management practices, detailing how this can help them perform better during tough financial times. Accompanying this article is a sidebar listing four warning signs that a maturity effort is not succeeding.