Designing a Portfolio Management Maturity Model (Elena)

Various maturity models have been proposed to determine how well organizations are doing in order to improve their performance. Most of them are at the project management level and miss the other macro levels like portfolio management. Assessing maturity in organizations that have implemented portfolio management is a rather recent topic and has not been academically discussed in depth; therefore, there aren’t ample maturity models in this level. The purpose of this study is to present a portfolio management maturity model called ELENA. Through literature review we tried to build up a model which keeps the advantages of previous models in addition to fixing their problems and improve them. This model assesses the maturity of portfolio management through three dimensions and offers four ways for assessment.