What is Organizational project management maturity model ?

Fulcrum based model is indicative of shared vision and shared accountability.It is explained this way that four functional heads are chairing the meeting for initiating the project, the opinions are coalascing for a common task and is directed towards down line for their opinions and resolution.The best way to put across the stake holders.

 That is a great question especially when it comes to business environment in India. I have not read any project management maturity model proposed by PMI but here is what I have.. :)

Level 0 : Organization conducts planning based on current information available and monitors "Work completion" status on a regular basis. Common term heard in construction industry in such companies is "Site work can not stop". That shows complete lack of maturity and understanding of PM practices in the organization. PM is about self-governance to expedite work with proper planning and control and not to merely increase documentation.

Level 1 : Organization conducts proper de-risking using PM Methodology. In such instances, there are clearly defined deliverables for each phase and clearly understood advantage of such deliverables by the management. 

Level 2 : Organization follows some sort of PM Methodology such as tollgate etc to monitor execution and compliance. Organization also leverages past data to constantly evolve and improve. PM facilitates dialogue between various groups. Enterprise wide PM tool is generally used in these instances. Companies at this level are also using ERP as well as knowledge management systems to learn from past and forecast effectively.

The companies that are best able to manage projects, programs and portfolios align them with strategic goals. The degree to which an organization practices this type of strategic project management is known as its “organizational project management maturity.” Companies with greater maturity should expect to see tangible benefits that include better-performing project portfolios, efficiencies that come with better resource allocation, and increased process stability and repeatability. Organizational maturity, then, can provide strategic benefits and a potential competitive advantage.