Program and Project Governance - A Study

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Understanding Program and Project Governance

The structure with the help of which, a manager can make effective program or project decisions is called program or project governance. You can implement it as one of the most significant project management tools and techniques and bring about alignment in the following components. The framework of the decision-making committeesThe people in the governance bodyThe information used by decision-makersThis alignment leads to maximum results from business investments.

Norms of Efficient Program and Project Governance

Propagate single accountability point Consider organizational structure separate from project governance structure

Separate project decision-making activities from project management

Regard business interests as the core reason behind successful project delivery

Clarify decision-making responsibilities and reasons to make decisions

Develop the organizational case as the major governance manuscript

Features of Effective Governance

Document and convey decisions at the approval pointsAccept responsibility to follow P3 governanceState roles and performance criteria for governanceAllow the management board to independently inspect the programs, projects and portfolios

Develop strong association between P3 and business strategy

Offer training and resources to decision-makers

Features of Effective Governance

Encourage honest discussion and development of P3 dataSupport business cases with data to enable unfailing decision-making

Employ experienced people as decision-makersPromote stakeholder importance to enhance trust in the organization

With the help of one of the most essential project management tools and techniques, program and project governance, you can make useful decisions.

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