PM Solutions' Project Portfolio Management Maturity Model (PMS-PPMMM) adapted from: http://pmsolutions.com The Project Management Process Maturity Model In 1997 Ibbs and Kwak of the University of California at Berkeley developed the initial version of the Project Management Process Maturity (PM) 2 model. In 2002 a more comprehensive version appeared of the (PM) 2 model which is also known as the Berkeley Project Management Process Maturity Model. The (PM) 2 model breaks project management processes and practices into nine project management knowledge areas and five project management processes by adopting PMI's PMBOK Guide. The project processes are initiating, planning, executing, controlling, and closing. The knowledge areas are project integration management, project time management, project scope management, project cost management, project quality management, project communication management, project human resources management, project risk management, and project procurement management. Figure 33 represents the (PM) 2 model which consists of five maturity levels: level 1: Ad-hoc, level 2: Planned, level 3: Managed at project level, level 4: Managed at corporate level, and level 5: Continuous learning. In level 1 there is a basic project management process, but there are no formal plans or procedures to execute projects. Organizations at this stage are functionally isolated and are unfamiliar with the project management concept or the project-oriented organizational structure. In level 2 informal and incomplete procedures are used to manage a project and planning and management of projects depend on individuals. Organizations at this stage are more teamoriented than in level 1. In level 3 project management processes are becoming partly formal and demonstrate a basic project planning and control system. Organizations in this stage focus on systematic and structured project planning and control. In level 4 project management processes are formal and information and processes are documented.