Portfolio, Program and Project Management Maturity: Taking a Practical Perspective

<ke:p>The importance of customer solution projects in business of Power Systems, a Division of Rolls-Royce plc, has significantly increased over the past years. While the overall portfolio performance in this so-called Project Systems Business (PSB) is more than satisfying, certain programs and projects stood out across Rolls-Royce Power Systems’ Hubs and numerous Sales &amp; Service Centers (S&amp;SC). To understand variances, an approach was set up, assessing Portfolio, Program and Portfolio Management (PPPM) maturity along six dimensions. This PPPM Maturity Diagnostics allowed analyzing the as-is maturity via two angles: on individual S&amp;SC level when focusing the respective outcome along all six dimensions, and on collective Dimension-level when looking at the six dimensions one-by-one. The resulting PPPM Maturity Report did not only show gaps towards the to-be maturity but also included actions on both, S&amp;SC and Hub level, intended to lift portfolio performance to the next level.</ke:p>