Effective Control & Governance – project management steps
Effective Control & Governance – project management steps
PROJECT MANAGEMENT STEPS
Effective project governance positions a project for success. Good project governance allows effective and efficient decision making – that is, the right people making optimum decisions that meet the needs of the project and its stakeholders and making those decisions in a timely manner.
Consider the two project management steps scenarios below:
- the first showing the effect of no Governance and Poor project control
- the second showing robust Governance and effective project control.
project management steps – control and governance
THE ROLE OF GOVERNANCE – PROJECT MANAGEMENT STEPS
The role of project governance within the project management steps life-cycle is to provide a decision making framework that is logical, robust and repeatable to govern an organization’s capital investments. In this way, an organisation will have a structured approach to conducting both its business as usual activities and its business change, or project, activities.
The key inputs to the Project Sponsor are:
Deliverables
Status Reports
Issues & Risks
Changes
project management steps – role of Governance