The Framework of Project Governance
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==Abstract== | ==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. | + | 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. The three pillars of project governance, structure, people, and information, are the defining factors of the organizational control and support the core principles. |
<ref>Page 56, 1996 ed. PMBOK® Guide</ref> | <ref>Page 56, 1996 ed. PMBOK® Guide</ref> | ||
Revision as of 18:00, 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. The three pillars of project governance, structure, people, and information, are the defining factors of the organizational control and support the core principles. [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.
