P3M3 ® - The Portfolio, Programme and Project Management Maturity Model

P3M3 is a key standard amongst maturity models maintained by AXELOS Ltd., providing a framework with which organizations can assess their

  • Portfolio Management Maturity (PfM3)
  • Programme Management Maturity (PgM3)
  • Project Management Maturity (PjM3)

P3M3 is based on the Capability Maturity Model (CMM)® (now superseded by CMMI®), developed by the Software Engineering Institute (SEI) in the United States and follows the same five-level maturity framework:

  1. Aware (chaotic, ad hoc, heroic) - the starting point for use of a new process.
  2. Repeatable (process discipline) - the process is used repeatedly.
  3. Defined (embedded) - the process is defined/confirmed as a standard business process.
  4. Managed (quantified) - process management and measurement takes place.
  5. Optimised (process improvement) - deliberate process optimisation/improvement.