The Framework of Project Governance
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] According to the research article "Project Governance – The Definition and Leadership Dilemma"; a majority of authors on project governance have a background in project management, where they attempt to create the project governance framework through a bottom-up approach. However, the bottom-up strategy has its limitations when providing concise guidance to managers when executing and enforcing project governance, due to a variety of projects in the industry, range of stakeholder interest, different values and types, and complexity spectrum.
Big Idea
Three Pillars of Project Governance
Application
Core Principles
Limitations
Reference
<references> [1]
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.
- ↑ 1.0 1.1 Trans Tech Publications. (2014). Pillars and Principles of the Project Governance. https://www-scientific-net.proxy.findit.dtu.dk/AMR.361-363.1638.pdf