Organisations and Projects: Governance

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  • Created by: Annagc
  • Created on: 11-03-24 15:05
What is governance?
'Governance is the framework of authority and accountability that defines and controls the outputs, outcomes and benefits from projects, programmes and portfolios. The mechanism whereby the investing organisation exerts financial and technical control ove
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Governance Principles(Directing Change, APM, 2018): Method
Projects follow a formal structured method which is supported by appropriate ethics, culture, policies and controls
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Governance Principles(Directing Change, APM, 2018): Roles and Responsibilities
R &R's are clearly defined and staff have the necessary competence and resources to succeed
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Governance Principles(Directing Change, APM, 2018): Project plan
Projects have a realistic and approved project plan and the key decision points are clearly defined
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Governance Principles(Directing Change, APM, 2018): Lessons
Lessons from other projects are embedded into new initiatives and information is openly shared
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Governance Principles(Directing Change, APM, 2018): Stakeholders
Stakeholders are engaged openly and honestly and at a level that is proportionate to their level of interest and involvement in the project
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Responsibilities of Governance Boards (project steering group/steering committee)
Monitor progress reports and key metrics, approve corrective actions, resolving escalated issues and risks, approving beneficial scope change, ensuring projects comply with ethical obligations and regulatory standards, making key decisions (especially at
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Benefits of Governance
Better decision making, more likely realisation of outcomes and value, adherence to legal, regulatory, corporate, ethical and professional standards, builds credibility, trust, confidence through transparency and stakeholder input, optimisation of investm
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Card 2

Front

Governance Principles(Directing Change, APM, 2018): Method

Back

Projects follow a formal structured method which is supported by appropriate ethics, culture, policies and controls

Card 3

Front

Governance Principles(Directing Change, APM, 2018): Roles and Responsibilities

Back

Preview of the front of card 3

Card 4

Front

Governance Principles(Directing Change, APM, 2018): Project plan

Back

Preview of the front of card 4

Card 5

Front

Governance Principles(Directing Change, APM, 2018): Lessons

Back

Preview of the front of card 5
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