CONTENT:
Project management and how it relates to project management maturity Name: Course: Professor Name: (February, 2013) . Introduction Today, project management has become a subject of concern in the business world where projects are increasingly becoming important in business operation. Project management is a carefully planned and organized effort to accomplish a specific (and usually) one-time effort, for example, constructing a building or implementing a new computer system. Organizations are now enforcing project management as a way of creating competitive advantage in industries they operate in. However, not many of the projects have performed has planned thus why Perrin has emphasized the role of project management maturity models (PMMMs) as methods of understanding their performances (Perrin, 2008). These models have their origin in the capacity models developed in the year 1986 and 1993 at Carnegie Mellon University. Up to now, we have more than thirty different models each addressing a particular industry context. This approach of the use of PMMMs has contributed to a continuous improvement in many areas of business. Perrin continues to note that project management includes developing a project plan, which includes defining project goals and objectives, specifying tasks or how goals will be achieved, what resources are need, and associating budgets and timelines for completion. It also includes implementing the project plan, along with careful controls to stay on the "correct path", by this we mean that is, to ensure the plan is being managed according to plan. Project management usually follows major phases, including feasibility study, project planning, implementation, evaluation and support/maintenance (Perrin, 2008). The purpose of this paper is to culminate the learning achieved in the course by describing the understanding and application of knowledge in the field of program management strategy in a construction company where I work...