What is a maturity model?
A set of performance standards for the practice of project management.
In large organisations, the central service function for project management – the Project Management Office (PMO) will be the custodian of this model and will use it to manage capability development for project teams.
Why this differentiated model?
Many small and mid-size biotech / life science organisations do not have the resources for a central PMO.
Also the complexity and detail in some large Pharma maturity models would be inappropriate for the lighter touch needed in these firms.
What is our approach?
A team from PIPMG and the Phetairos consultancy has worked with relevant stakeholders across our sector to develop a model particularly suited to companies without the central resources.
Participants in our pilot will be given access to this model, so that they can map their capabilities against critical success factors for project management.