Definition of Governance
In the previous blog entry I defined Project Governance as:
Project Governance is the process of developing, communicating, implementing, monitoring, and assuring the policies, procedures, organizational structures, and practices associated with a given project.
The combination of these policies, procedures etc make a governance framework to facilitate efficient and effective decision making. Efficiency meaning economically in terms of time and effective being the right decisions for the right problems.
Governance or Project Control is all about decision making and is central to project / programme management. The purpose of control is to ensure that the project or program is producing the required products that meet the defined quality criteria, is being carried out on schedule and as agreed with the resource and cost plans. This also applies equally to programs but adding the requirement to deliver the benefits to meet the program objectives.
My vision is that every project should be successful and to enable that we should devote energy on developing and encouraging Project Management as a core competency
