Understanding the Influence of Project Management Maturity and Corporate Culture on Project Outcomes an Empirical Study of IT Companies in India

Abstract

This study investigates the connection between successful completion of information technology projects in Indian companies and a company's level of project management maturity (PMM), as measured by the Capability Maturity Model (CMM). The research makes use of a combination of approaches, such as qualitative in-depth interviews and quantitative questionnaires sent out to a large number of IT businesses. According to the results of some preliminary studies, there appears to be a robust association between PMM maturity and improved project outcomes such as timely completion, cost control, and delighted customers. Interestingly, the findings of the study indicate that a culture that fosters innovation, personal development, and the taking of calculated risks significantly enhances the likelihood that a project will be successful. The degree to which the company's culture has an effect on the achievement of PMM goals is directly proportional to how well that culture aligns with those goals. This study shows the need for information technology companies to proactively integrate project management methodology development with their own unique business cultures in order to obtain the best potential results from their projects. These findings need to be backed up by additional investigation before they can be generalised to other sectors and locations.