Comparing organizational project management maturity model with other project management maturity models in balanced matrix organizations

Today's competitive business environment, budget and time constraints lead organizations to use more effective business models. In order to find a solution for organization and management problems resulted from growing and complex business life at the end of 19th century, Project management model is accepted as one of the most beneficial models. The significance of Project Management concept is realized to achieve strategic targets and balance time, budget, quality aspects. Therefore, organizational structures are transformed into matrix structure and Organizational Project Management mentality is adopted. International corporations such as PMI (Project Management Institute) and PRINCE (Projects In Controlled Environments) developed some methodologies which support Organizational Project Management mentality. Continuously developing these methodologies, companies measure added value via certain performance indicators of project management maturity models (Badiru & Pulat, 1995). The objective of this study is researching effects of PMI's (Project Management Institute) Project Management Maturity Model applications, which is more regarded in Turkey and worldwide, on projects' time and budget performance in balanced matrix organizations. Hypotheses in this study are predicated on project time and budget performance criterion. In order to test the hypotheses in this model a survey was conducted among professionals having experience in project management processes and then the results were compared with literature review. This survey consists of 23 questions and was answered by 449 employees working in different sectors. The analysis shows significant results to show the relation between model elements. In the final section, discussing the results, suggestions are given to organizations using project management methodologies about improving these methodologies, on the other hand these suggestions are also beneficial to organizations not using project Management methodologies about adopting project management methodologies.