CMMI and Business Objectives :

Produce quality products or services : The process-improvement CONCEPT in CMMI models evolved out of the Deming, Juran, and Crosby quality paradigm: Quality products are a RESULT of quality processes. CMMI has a strong focus on quality-related activities INCLUDING requirements management, quality assurance, verification, and validation.

Create value for the stockholders : MATURE organizations are more likely to make better cost and revenue estimates than those with less maturity, and then perform in line with those estimates. CMMI supports quality products, predictable schedules, and effective measurement to support the management in making accurate and defensible forecasts. This process maturity can guard against project performance problems that could weaken the value of the organization in the eyes of investors.

Enhance customer satisfaction : Meeting cost and schedule targets with high-quality products that are validated against customer needs is a good formula for customer satisfaction. CMMI addresses all of these ingredients through its emphasis on planning, monitoring, and measuring, and the improved predictability that comes with more capable processes.

Increase market share : Market share is a result of many factors, including quality products and services, name identification, pricing, and image. Customers like to deal with SUPPLIERS who have a reputation for meeting their commitments.

Gain an industry-wide recognition for excellence : The best way to develop a reputation for excellence is to consistently perform well on projects, delivering quality products and services within cost and schedule parameters. Having processes that conform to CMMI requirements can enhance that reputation.

CMMI and Business Objectives :

Produce quality products or services : The process-improvement concept in CMMI models evolved out of the Deming, Juran, and Crosby quality paradigm: Quality products are a result of quality processes. CMMI has a strong focus on quality-related activities including requirements management, quality assurance, verification, and validation.

Create value for the stockholders : Mature organizations are more likely to make better cost and revenue estimates than those with less maturity, and then perform in line with those estimates. CMMI supports quality products, predictable schedules, and effective measurement to support the management in making accurate and defensible forecasts. This process maturity can guard against project performance problems that could weaken the value of the organization in the eyes of investors.

Enhance customer satisfaction : Meeting cost and schedule targets with high-quality products that are validated against customer needs is a good formula for customer satisfaction. CMMI addresses all of these ingredients through its emphasis on planning, monitoring, and measuring, and the improved predictability that comes with more capable processes.

Increase market share : Market share is a result of many factors, including quality products and services, name identification, pricing, and image. Customers like to deal with suppliers who have a reputation for meeting their commitments.

Gain an industry-wide recognition for excellence : The best way to develop a reputation for excellence is to consistently perform well on projects, delivering quality products and services within cost and schedule parameters. Having processes that conform to CMMI requirements can enhance that reputation.