Project sponsor - Revision history

Tkokotas at 17:00, 16 November 2018

2018-11-16T17:00:00Z

← Older revision		Revision as of 17:00, 16 November 2018
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			''Developed by Vincent Oriot''


	This wiki-article is written in order to reflect on how important the role of '''Project Sponsor''' (also called executive sponsor) is in a project, and actually is the backbone for the entire project, and without whom the project would not be started. This role is often skipped or misdefined, which can explain why some projects are failing, or not doing as good as they should. To improve global understanding about Project sponsorship, we will present the role and definition of what is a Project Sponsor, what are his responsibilities throughout the project (focusing on the initiating phase), then describe the relationships with the other stakeholders of the project and then finish with some advice to avoid most common pitfalls.		This wiki-article is written in order to reflect on how important the role of '''Project Sponsor''' (also called executive sponsor) is in a project, and actually is the backbone for the entire project, and without whom the project would not be started. This role is often skipped or misdefined, which can explain why some projects are failing, or not doing as good as they should. To improve global understanding about Project sponsorship, we will present the role and definition of what is a Project Sponsor, what are his responsibilities throughout the project (focusing on the initiating phase), then describe the relationships with the other stakeholders of the project and then finish with some advice to avoid most common pitfalls.

S172793 at 12:58, 26 February 2018

2018-02-26T12:58:34Z

← Older revision		Revision as of 12:58, 26 February 2018
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	This wiki-article is written in order to reflect on how important the role of '''Project Sponsor''' (also called executive sponsor) is in a project, and actually is the backbone for the entire project, and without whom the project would not be started. This role is often skipped or misdefined, which can explain why some projects are failing, or not doing as good as they should. To improve global understanding about Project sponsorship, we will present the role and definition of what is a Project Sponsor, what are his responsibilities throughout the project (focusing on the initiating phase), then describe the relationships with the other stakeholders of the project and then finish with some advice to avoid most common pitfalls.		This wiki-article is written in order to reflect on how important the role of '''Project Sponsor''' (also called executive sponsor) is in a project, and actually is the backbone for the entire project, and without whom the project would not be started. This role is often skipped or misdefined, which can explain why some projects are failing, or not doing as good as they should. To improve global understanding about Project sponsorship, we will present the role and definition of what is a Project Sponsor, what are his responsibilities throughout the project (focusing on the initiating phase), then describe the relationships with the other stakeholders of the project and then finish with some advice to avoid most common pitfalls.
	~~[[File:thoriot.jpg \| thumb]]~~
	Sponsors play an essential, if not vital, role in projects, and even though some people may disagree, every project needs a Project Sponsor. Sponsorship in a small business is, however, often significantly different from sponsorship in a large business or a corporation. Because the roles and responsibilities of a Sponsor and a Project Manager run parallel but are different from each other, it is important to know both what project sponsorship is and what it is not (this will be discussed later in the section "Relationship with the stakeholders").		Sponsors play an essential, if not vital, role in projects, and even though some people may disagree, every project needs a Project Sponsor. Sponsorship in a small business is, however, often significantly different from sponsorship in a large business or a corporation. Because the roles and responsibilities of a Sponsor and a Project Manager run parallel but are different from each other, it is important to know both what project sponsorship is and what it is not (this will be discussed later in the section "Relationship with the stakeholders").
	Project Sponsorship is still a topic that requires formalization, better understanding and is at the moment still vague.		Project Sponsorship is still a topic that requires formalization, better understanding and is at the moment still vague.

S172793 at 12:57, 26 February 2018

2018-02-26T12:57:36Z

← Older revision		Revision as of 12:57, 26 February 2018
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	This wiki-article is written in order to reflect on how important the role of '''Project Sponsor''' (also called executive sponsor) is in a project, and actually is the backbone for the entire project, and without whom the project would not be started. This role is often skipped or misdefined, which can explain why some projects are failing, or not doing as good as they should. To improve global understanding about Project sponsorship, we will present the role and definition of what is a Project Sponsor, what are his responsibilities throughout the project (focusing on the initiating phase), then describe the relationships with the other stakeholders of the project and then finish with some advice to avoid most common pitfalls.		This wiki-article is written in order to reflect on how important the role of '''Project Sponsor''' (also called executive sponsor) is in a project, and actually is the backbone for the entire project, and without whom the project would not be started. This role is often skipped or misdefined, which can explain why some projects are failing, or not doing as good as they should. To improve global understanding about Project sponsorship, we will present the role and definition of what is a Project Sponsor, what are his responsibilities throughout the project (focusing on the initiating phase), then describe the relationships with the other stakeholders of the project and then finish with some advice to avoid most common pitfalls.
	[[File:~~try~~.jpg]]		[[File:thoriot.jpg \| thumb]]
	Sponsors play an essential, if not vital, role in projects, and even though some people may disagree, every project needs a Project Sponsor. Sponsorship in a small business is, however, often significantly different from sponsorship in a large business or a corporation. Because the roles and responsibilities of a Sponsor and a Project Manager run parallel but are different from each other, it is important to know both what project sponsorship is and what it is not (this will be discussed later in the section "Relationship with the stakeholders").		Sponsors play an essential, if not vital, role in projects, and even though some people may disagree, every project needs a Project Sponsor. Sponsorship in a small business is, however, often significantly different from sponsorship in a large business or a corporation. Because the roles and responsibilities of a Sponsor and a Project Manager run parallel but are different from each other, it is important to know both what project sponsorship is and what it is not (this will be discussed later in the section "Relationship with the stakeholders").
	Project Sponsorship is still a topic that requires formalization, better understanding and is at the moment still vague.		Project Sponsorship is still a topic that requires formalization, better understanding and is at the moment still vague.

S172793 at 12:55, 26 February 2018

2018-02-26T12:55:00Z

← Older revision		Revision as of 12:55, 26 February 2018
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	This wiki-article is written in order to reflect on how important the role of '''Project Sponsor''' (also called executive sponsor) is in a project, and actually is the backbone for the entire project, and without whom the project would not be started. This role is often skipped or misdefined, which can explain why some projects are failing, or not doing as good as they should. To improve global understanding about Project sponsorship, we will present the role and definition of what is a Project Sponsor, what are his responsibilities throughout the project (focusing on the initiating phase), then describe the relationships with the other stakeholders of the project and then finish with some advice to avoid most common pitfalls.		This wiki-article is written in order to reflect on how important the role of '''Project Sponsor''' (also called executive sponsor) is in a project, and actually is the backbone for the entire project, and without whom the project would not be started. This role is often skipped or misdefined, which can explain why some projects are failing, or not doing as good as they should. To improve global understanding about Project sponsorship, we will present the role and definition of what is a Project Sponsor, what are his responsibilities throughout the project (focusing on the initiating phase), then describe the relationships with the other stakeholders of the project and then finish with some advice to avoid most common pitfalls.
	[[File:~~Example~~.jpg]]		[[File:try.jpg]]
	Sponsors play an essential, if not vital, role in projects, and even though some people may disagree, every project needs a Project Sponsor. Sponsorship in a small business is, however, often significantly different from sponsorship in a large business or a corporation. Because the roles and responsibilities of a Sponsor and a Project Manager run parallel but are different from each other, it is important to know both what project sponsorship is and what it is not (this will be discussed later in the section "Relationship with the stakeholders").		Sponsors play an essential, if not vital, role in projects, and even though some people may disagree, every project needs a Project Sponsor. Sponsorship in a small business is, however, often significantly different from sponsorship in a large business or a corporation. Because the roles and responsibilities of a Sponsor and a Project Manager run parallel but are different from each other, it is important to know both what project sponsorship is and what it is not (this will be discussed later in the section "Relationship with the stakeholders").
	Project Sponsorship is still a topic that requires formalization, better understanding and is at the moment still vague.		Project Sponsorship is still a topic that requires formalization, better understanding and is at the moment still vague.

S172793 at 12:54, 26 February 2018

2018-02-26T12:54:42Z

← Older revision		Revision as of 12:54, 26 February 2018
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	This wiki-article is written in order to reflect on how important the role of '''Project Sponsor''' (also called executive sponsor) is in a project, and actually is the backbone for the entire project, and without whom the project would not be started. This role is often skipped or misdefined, which can explain why some projects are failing, or not doing as good as they should. To improve global understanding about Project sponsorship, we will present the role and definition of what is a Project Sponsor, what are his responsibilities throughout the project (focusing on the initiating phase), then describe the relationships with the other stakeholders of the project and then finish with some advice to avoid most common pitfalls.		This wiki-article is written in order to reflect on how important the role of '''Project Sponsor''' (also called executive sponsor) is in a project, and actually is the backbone for the entire project, and without whom the project would not be started. This role is often skipped or misdefined, which can explain why some projects are failing, or not doing as good as they should. To improve global understanding about Project sponsorship, we will present the role and definition of what is a Project Sponsor, what are his responsibilities throughout the project (focusing on the initiating phase), then describe the relationships with the other stakeholders of the project and then finish with some advice to avoid most common pitfalls.
			[[File:Example.jpg]]
	Sponsors play an essential, if not vital, role in projects, and even though some people may disagree, every project needs a Project Sponsor. Sponsorship in a small business is, however, often significantly different from sponsorship in a large business or a corporation. Because the roles and responsibilities of a Sponsor and a Project Manager run parallel but are different from each other, it is important to know both what project sponsorship is and what it is not (this will be discussed later in the section "Relationship with the stakeholders").		Sponsors play an essential, if not vital, role in projects, and even though some people may disagree, every project needs a Project Sponsor. Sponsorship in a small business is, however, often significantly different from sponsorship in a large business or a corporation. Because the roles and responsibilities of a Sponsor and a Project Manager run parallel but are different from each other, it is important to know both what project sponsorship is and what it is not (this will be discussed later in the section "Relationship with the stakeholders").
	Project Sponsorship is still a topic that requires formalization, better understanding and is at the moment still vague.		Project Sponsorship is still a topic that requires formalization, better understanding and is at the moment still vague.

S172793: /* Challenges/Pitfalls */

2018-02-23T10:37:01Z

Challenges/Pitfalls

← Older revision		Revision as of 10:37, 23 February 2018
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	==Challenges/Pitfalls==		==Challenges/Pitfalls==
	The role of ~~project sponsor~~ is often not well defined in a project and some ~~project sponsors~~ are not even well aware of their role. It often happens that a project manager is not even aware of whom is the project sponsor.		The role of Project Sponsor is often not well defined in a project and some Project Sponsors are not even well aware of their role. It often happens that a project manager is not even aware of whom is the project sponsor.
	This issue arises from the fact that unlike project management, project sponsorship doesn't have an official organization, institute that defines methodologies, and approaches for the project sponsor.		This issue arises from the fact that unlike project management, project sponsorship doesn't have an official organization, institute that defines methodologies, and approaches for the project sponsor.

	Some people might think that the role of ~~project sponsor~~ interferes with the role of ~~project manager~~, but if the tasks are well defined, then their work is complementary and they need each other to achieve the best result possible for their project.		Some people might think that the role of Project Sponsor interferes with the role of Project Manager, but if the tasks are well defined, then their work is complementary and they need each other to achieve the best result possible for their project.
	The ~~project manager~~ has success and performance ~~criterias~~ based on time and money <ref>[https://en.wikipedia.org/wiki/Project_management_triangle Project Management Triangle]</ref> while the project sponsor has a global overview of the strategy of the company and focuses on different criteria.		The Project Manager has success and performance criteria based on time and money <ref>[https://en.wikipedia.org/wiki/Project_management_triangle Project Management Triangle]</ref> while the project sponsor has a global overview of the strategy of the company and focuses on different criteria.

	Quite often, ~~project sponsors~~ have a day job, in addition to the ~~project sponsor~~ one. And because of their experience, that job might be quite demanding, preventing them from spending the right amount of time on the project, they for example have to manage corporate strategy and departmental plans, commercials and contracts, financials and budgets, people and technical resources, administration and logistics, and last but not least office politics.		Quite often, Project Sponsors have a day job, in addition to the Project Sponsor one. And because of their experience, that job might be quite demanding, preventing them from spending the right amount of time on the project, they for example have to manage corporate strategy and departmental plans, commercials and contracts, financials and budgets, people and technical resources, administration and logistics, and last but not least office politics.

	One common criticism is that they are never seen throughout the project but only appear at the end, "the waving of the checkered flag/during the victory lap", to get all the merit and the fame.		One common criticism is that they are never seen throughout the project but only appear at the end, "the waving of the checkered flag/during the victory lap", to get all the merit and the fame.

	The difficulty for the ~~project sponsor~~ is to be involved enough to fulfill its tasks, but not too omnipresent otherwise he will prevent the ~~project manager~~ to do his mission properly. He has to find a balance between involvement and autonomy.		The difficulty for the Project Sponsor is to be involved enough to fulfill its tasks, but not too omnipresent otherwise he will prevent the Project Manager to do his mission properly. He has to find a balance between involvement and autonomy.
	[[File:pm failures2.png \|thumb\|right\|300px\|Figure 4: Reasons for project management failures <ref name="Survey"> </ref> ]]		[[File:pm failures2.png \|thumb\|right\|300px\|Figure 4: Reasons for project management failures <ref name="Survey"> </ref> ]]

	We will analyze the result of a survey submitted to companies that handle projects and have project managers or teams, about the main reasons for project failure.<ref name="Survey"> [https://www.pmi.org/-/media/pmi/documents/public/pdf/learning/thought-leadership/pulse/pulse-of-the-profession-2015.pdf page 25]</ref>.		We will analyze the result of a survey submitted to companies that handle projects and have project managers or teams, about the main reasons for project failure.<ref name="Survey"> [https://www.pmi.org/-/media/pmi/documents/public/pdf/learning/thought-leadership/pulse/pulse-of-the-profession-2015.pdf page 25]</ref>.
	We are not saying that all issues depend on the Project Sponsor to be solved, but with an effective Project Sponsor, these can be reduced or even suppressed. One can notice that these failures correspond most of the time to the responsibilities and role of a project Sponsor (see above). These figures emphasize the fact that even nowadays, Project Sponsorship is misunderstood or misimplemented in most of the projects. There is still a long way to go when it comes to ~~Project Sponsorship~~ and its correct understanding and implementation within projects. It is becoming a growing concern and we can expect an institution being created soon.		We are not saying that all issues depend on the Project Sponsor to be solved, but with an effective Project Sponsor, these can be reduced or even suppressed. One can notice that these failures correspond most of the time to the responsibilities and role of a project Sponsor (see above). These figures emphasize the fact that even nowadays, Project Sponsorship is misunderstood or misimplemented in most of the projects. There is still a long way to go when it comes to project sponsorship and its correct understanding and implementation within projects. It is becoming a growing concern and we can expect an institution being created soon.

	==References ==		==References ==

S172793: /* Role */

2018-02-23T10:31:30Z

Role

← Older revision		Revision as of 10:31, 23 February 2018
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	===Role===		===Role===
	[[File:pssucceed.png]]
	~~[[File:PS succeed.png‎~~ \|thumb\|right\|350px\|Figure 1: Results of survey <ref name="KPMG"> </ref> ]]		[[File:pssucceed.png \|thumb\|right\|350px\|Figure 1: Results of survey <ref name="KPMG"> </ref>]]
	The role of the Sponsor starts at the very origin of the project. They play a crucial role in the development of the initial scope and charter, and effective sponsors lead the project through the selection process until formal authorization. The first duty of the Project Sponsor is to define the project, identifying what the project must achieve. This requires a good understanding of how the organization operates and the corporate strategy. Once the project’s organizational goals are defined, the Sponsor must translate that vision into clearly understood deliverables for the Project Manager and team.<ref name="KPMG"> </ref>		The role of the Sponsor starts at the very origin of the project. They play a crucial role in the development of the initial scope and charter, and effective sponsors lead the project through the selection process until formal authorization. The first duty of the Project Sponsor is to define the project, identifying what the project must achieve. This requires a good understanding of how the organization operates and the corporate strategy. Once the project’s organizational goals are defined, the Sponsor must translate that vision into clearly understood deliverables for the Project Manager and team.<ref name="KPMG"> </ref>
	We put here the result of a survey from 2015 that shows that project with a highly engaged Project Sponsor succeed around 77% of the time while for the other it's only 46 %, the alignment of the project with the strategy has a huge impact as well, those tasks should be done by an effective Project Sponsor, but as his role is often misunderstood, these aspects are missing, resulting in the project failure. <ref name="Survey"> [https://www.pmi.org/-/media/pmi/documents/public/pdf/learning/thought-leadership/pulse/pulse-of-the-profession-2015.pdf Capturing the Value of project management, page 9 Feb 2015]</ref>.		We put here the result of a survey from 2015 that shows that project with a highly engaged Project Sponsor succeed around 77% of the time while for the other it's only 46 %, the alignment of the project with the strategy has a huge impact as well, those tasks should be done by an effective Project Sponsor, but as his role is often misunderstood, these aspects are missing, resulting in the project failure. <ref name="Survey"> [https://www.pmi.org/-/media/pmi/documents/public/pdf/learning/thought-leadership/pulse/pulse-of-the-profession-2015.pdf Capturing the Value of project management, page 9 Feb 2015]</ref>.

S172793: /* Role */

2018-02-23T10:29:23Z

Role

← Older revision		Revision as of 10:29, 23 February 2018
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	===Role===		===Role===
			[[File:pssucceed.png]]
	[[File:PS succeed.png‎ \|thumb\|right\|350px\|Figure 1: Results of survey <ref name="KPMG"> </ref> ]]		[[File:PS succeed.png‎ \|thumb\|right\|350px\|Figure 1: Results of survey <ref name="KPMG"> </ref> ]]
	The role of the Sponsor starts at the very origin of the project. They play a crucial role in the development of the initial scope and charter, and effective sponsors lead the project through the selection process until formal authorization. The first duty of the Project Sponsor is to define the project, identifying what the project must achieve. This requires a good understanding of how the organization operates and the corporate strategy. Once the project’s organizational goals are defined, the Sponsor must translate that vision into clearly understood deliverables for the Project Manager and team.<ref name="KPMG"> </ref>		The role of the Sponsor starts at the very origin of the project. They play a crucial role in the development of the initial scope and charter, and effective sponsors lead the project through the selection process until formal authorization. The first duty of the Project Sponsor is to define the project, identifying what the project must achieve. This requires a good understanding of how the organization operates and the corporate strategy. Once the project’s organizational goals are defined, the Sponsor must translate that vision into clearly understood deliverables for the Project Manager and team.<ref name="KPMG"> </ref>

S172793: /* Role */

2018-02-23T10:28:45Z

Role

← Older revision		Revision as of 10:28, 23 February 2018
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	===Role===		===Role===

			[[File:PS succeed.png‎ \|thumb\|right\|350px\|Figure 1: Results of survey <ref name="KPMG"> </ref> ]]
	The role of the Sponsor starts at the very origin of the project. They play a crucial role in the development of the initial scope and charter, and effective sponsors lead the project through the selection process until formal authorization. The first duty of the Project Sponsor is to define the project, identifying what the project must achieve. This requires a good understanding of how the organization operates and the corporate strategy. Once the project’s organizational goals are defined, the Sponsor must translate that vision into clearly understood deliverables for the Project Manager and team.<ref name="KPMG"> </ref>		The role of the Sponsor starts at the very origin of the project. They play a crucial role in the development of the initial scope and charter, and effective sponsors lead the project through the selection process until formal authorization. The first duty of the Project Sponsor is to define the project, identifying what the project must achieve. This requires a good understanding of how the organization operates and the corporate strategy. Once the project’s organizational goals are defined, the Sponsor must translate that vision into clearly understood deliverables for the Project Manager and team.<ref name="KPMG"> </ref>
	We put here the result of a survey from 2015 that shows that project with a highly engaged Project Sponsor succeed around 77% of the time while for the other it's only 46 %, the alignment of the project with the strategy has a huge impact as well, those tasks should be done by an effective Project Sponsor, but as his role is often misunderstood, these aspects are missing, resulting in the project failure. <ref name="Survey"> [https://www.pmi.org/-/media/pmi/documents/public/pdf/learning/thought-leadership/pulse/pulse-of-the-profession-2015.pdf Capturing the Value of project management, page 9 Feb 2015]</ref>.		We put here the result of a survey from 2015 that shows that project with a highly engaged Project Sponsor succeed around 77% of the time while for the other it's only 46 %, the alignment of the project with the strategy has a huge impact as well, those tasks should be done by an effective Project Sponsor, but as his role is often misunderstood, these aspects are missing, resulting in the project failure. <ref name="Survey"> [https://www.pmi.org/-/media/pmi/documents/public/pdf/learning/thought-leadership/pulse/pulse-of-the-profession-2015.pdf Capturing the Value of project management, page 9 Feb 2015]</ref>.

S172793: /* Role */

2018-02-23T10:28:28Z

Role

← Older revision		Revision as of 10:28, 23 February 2018
Line 20:		Line 20:
	===Role===		===Role===

	~~[[File:PS succeed.png‎ \|thumb\|right\|350px\|Figure 1: Results of survey <ref name="KPMG"> </ref> ]]~~
	The role of the Sponsor starts at the very origin of the project. They play a crucial role in the development of the initial scope and charter, and effective sponsors lead the project through the selection process until formal authorization. The first duty of the Project Sponsor is to define the project, identifying what the project must achieve. This requires a good understanding of how the organization operates and the corporate strategy. Once the project’s organizational goals are defined, the Sponsor must translate that vision into clearly understood deliverables for the Project Manager and team.<ref name="KPMG"> </ref>		The role of the Sponsor starts at the very origin of the project. They play a crucial role in the development of the initial scope and charter, and effective sponsors lead the project through the selection process until formal authorization. The first duty of the Project Sponsor is to define the project, identifying what the project must achieve. This requires a good understanding of how the organization operates and the corporate strategy. Once the project’s organizational goals are defined, the Sponsor must translate that vision into clearly understood deliverables for the Project Manager and team.<ref name="KPMG"> </ref>
	We put here the result of a survey from 2015 that shows that project with a highly engaged Project Sponsor succeed around 77% of the time while for the other it's only 46 %, the alignment of the project with the strategy has a huge impact as well, those tasks should be done by an effective Project Sponsor, but as his role is often misunderstood, these aspects are missing, resulting in the project failure. <ref name="Survey"> [https://www.pmi.org/-/media/pmi/documents/public/pdf/learning/thought-leadership/pulse/pulse-of-the-profession-2015.pdf Capturing the Value of project management, page 9 Feb 2015]</ref>.		We put here the result of a survey from 2015 that shows that project with a highly engaged Project Sponsor succeed around 77% of the time while for the other it's only 46 %, the alignment of the project with the strategy has a huge impact as well, those tasks should be done by an effective Project Sponsor, but as his role is often misunderstood, these aspects are missing, resulting in the project failure. <ref name="Survey"> [https://www.pmi.org/-/media/pmi/documents/public/pdf/learning/thought-leadership/pulse/pulse-of-the-profession-2015.pdf Capturing the Value of project management, page 9 Feb 2015]</ref>.