The Framework of Project Governance
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| − | + | Establishing project governance for all projects is an essential element in defining responsibilities and accountabilities in organizational administration. Project governance provides a framework for consistent, robust and repeatable decision making which is the governing factor of corporate capital investments. Hence, this offers a structured approach towards assuring businesses to conduct project and "business as usual" activities, as well as organizational changes. | |
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<ref>Page 56, 1996 ed. PMBOK® Guide</ref> | <ref>Page 56, 1996 ed. PMBOK® Guide</ref> | ||
Revision as of 17:46, 10 February 2018
Contents |
Abstract
Establishing project governance for all projects is an essential element in defining responsibilities and accountabilities in organizational administration. Project governance provides a framework for consistent, robust and repeatable decision making which is the governing factor of corporate capital investments. Hence, this offers a structured approach towards assuring businesses to conduct project and "business as usual" activities, as well as organizational changes. [1]
Background
Three Pillars of Project Governance
Core Principles
Application
Limitations
Reference
- ↑ Page 56, 1996 ed. PMBOK® Guide
Bibliography
William R. Duncan (2000), pages 55 - 57: A Guide to The Project Management Body of Knowledge: This guide provides deeper insight into the topic of Project scope statement to give further input into the process of scope statement.
