Maturity Notes: Definitions & Explanations PDF | Download eBooks
Study Maturity lecture notes PDF with project management definitions and explanation to study What is Maturity?. Study maturity explanation with project management terms to review project management course for online MBA programs.
Maturity Definition:
Maturity in project management is the implementation of a standard methodology and accompanying processes such that there exists a high likelihood of repeated successes.
Project Management: A Systems Approach to Planning, Scheduling, and Controlling by Harold Kerzner?
Maturity Notes:
Organizations undertake a number of projects. With the passage of time, they understand the proper techniques and methodologies that can guarantee a successful project. When an organization uses standard techniques in carrying out the projects so that the probability of their success increases, it can be said that the organization is mature. After the project is completed, the project manager, key team members and the top management discusses the used methodologies and their efficiency during the project. In this way, after performing a number of projects, the effective techniques and methodologies are listed and then used in the future projects where they are appropriate and applicable. A mature organization is able to identify the efficient tools and methods and understand how and where to implement them so that the projects are successful.
Keep Learning with Project Management Notes
What is Project Control?
When a contract is made with the contractor and the project starts, it is important to check whether the actual ...
What is Net Present Value Method?
An organization identifies different opportunities for a project. These opportunities must be evaluated to select the best of the opportunities. ...
What is Effective Listening?
As communication is a key part of successful project management, it must be done in an effective way. Just like ...
What is Reward Power?
Out of all the authorities granted to the project manager, the major one is to command the project team members ...
What is Project Quality Management?
Quality management and project management have been integrated as per the requirements of the modern world. Quality of a project ...
What is Organizational System?
When organizations carry out projects, they are performed under certain constraints that are imposed by the organization. The constraints relate ...