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Understanding project governance

Business project governance is still more ‘not understood’ than misunderstood yet it is critical to project success.

In this succinct Guide 26 areas of project governance are discussed to emphasize its importance and describe what happens when it is not done  effectively.

An essential introduction to anyone looking at or being appointed to a project governance role. Basically, a comprehensive primer on project governance.

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More projects fail due to poor project governance than poor project management yet, while there are education and training programs galore for project managers, there is little support for busy executives in their governance roles.

This Guide provides the basic essential knowledge so that executives understand

  • the scope of the role
  • its importance to the success of the project, and
  • what happens when they under-perform.

The rest of the Project Governance Program then guides them in ‘how to’ perform their role effectively.

Understanding project governance

This Guide describes the 26 key dimensions, roles and accountabilities of project governance including ...

  • Set and protect the project’s scope
  • Define and deliver the project’s value proposition
  • Direct and agree the business requirements
  • Evaluate and approve the project
  • Select and manage the project manager
  • Obtain and retain the required project resources

and so on.

  • Project Sponsors/Owners/Executives - to understand the scope and nature of their role
  • Steering Committee/Board/Governance team members - to understand the scope and nature of their role
  • PPMOs - to understand how project governance roles and how they need to be established and support
  • Project Investment Committees - to understand  what to expect from governance teams
  • Project Practitioners - to understand the true roles of governance teams
  • Auditors - to understand the true roles of governance teams.
  • Brings everyone up to the same level of understanding of project governance
  • Dispels misconceptions as to what project governance is (and isn’t) 
  • Makes people aware of the dimensions of project governance
  • Builds a view that this is a topic that needs attention
  • Primes the organization for the implementation of a project governance program
  • “This is the most useful summary of project governance I’ve ever come across” PPMO Director

What is project governance?