Project Management Maturity Model (PMMM) in Construction Industry

Abstract

Abstract

Construction industry has a major role in social and economic development. However, high investment and large scale operation are some of the major problems in this industry, which is in sharp contrast with inferior management and low benefit. So project directors are seeking ways to improve their organizational management company's level to complete and control the implementation of their projects efficiently. The competition in the markets of construction industry is now becoming stronger due to dealing with globalized economy over the world. Maturity models are becoming more popular because of its diversity and ability to have more control on the cost-effectiveness and project duration. It has been adopted more and more by other project management organizations as a key strategy to stay competitive in the construction industry environment day by day. This type of model allows the organization of construction companies to determine what steps are to be taken, what actions must be achieved and also the succession to achieve meaningful and measurable results. By the help of maturity model, organizations can determine the construction ability to provide high performance and implementation of the project on time. Maturity models are focusing on the obvious link between the potential of the organization in the field of portfolio management, programs management and projects management, high efficiency in the application of strategies, and that have a direct financial strength output. The model has three inter-related components which are knowledge, assessment, and improvement. Main use of using the maturity models are to increase the capabilities of any contracting company towards maturity levels by finding factors which has the most direct impact on successful implementation of the model in the organization by finding its size, complexity and initial maturity when applying the assessment; organization’s strategic objectives nature; and the available resources.

Keywords: maturity models, project, management, construction 

 Cite this Article

Sedqi Esmaeel Rezouki, Sabah Noori Hammoodi Al Ani. Project Management Maturity Model (PMMM) in Construction Industry. Journal of Construction Engineering, Technology & Management. 2016; 6(1): 1–13p.