Project, program and portfolio management in large Dutch organizations : determining the maturity of project, program, and portfolio processes and identifying bottlenecks in further professionalizing the project organization

2008 
The research objective of this study is determining the maturity of project, program, and portfolio management processes in large Dutch businesses and the main bottlenecks in further professionalizing the project organization. A suitable way to measure how well organizations are doing is to measure process maturity, where maturity refers to a state where the organization is in a perfect condition to achieve its objectives. Maturity can be measured by using a maturity model which aids in defining, understanding, and measuring an organization’s processes and their effectiveness. In this study 11 maturity models are tested on their suitability using 5 selection criteria. According these critieria the model should be a best practice model, able to assess maturity on project, program, and portfolio management level, method-independent, suitable to use in large Dutch organizations, and compliant with PRINCE2. Based on these selection criteria the Portfolio, Programme and Project Management Maturity Model (P3M3) was chosen as most suitable maturity model to adopt in this study.
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