The Project Governance
Ragheb Nizar Hamwi
Etymology of Governance:
fits within the larger context of the port-
approval for changes to budget,
Governance is a word with a pedigree
folio, program, or organization spon-
scope, quality, and schedule
that dates back to Chaucer and in his
soring it but is separate from organiza-
which are beyond the authority of
day the word carried with it the conno-
tional governance. It's oversight func-
the project manager
tation wise and responsible which is
tion that is aligned with the organiza-
!
Full transparency
appropriate. It means either the action
tion's governance model and that
!
Objective oversight
of governing or the method of govern-
encompasses the project life cycle.
The project governance approach
ing and it is in the latter sense it is used
Roles of Project Governance:
should be described in the project
with reference to companies.
!
Development and management of
management plan. Decisions are
made regarding who will be involved,
Governance comes from the Greek
processes
the escalation procedures, and the
means: To steer / To guide
!
Guidelines and procedures
general approach to completing the
Project Governance definition:
!
Manage risk
work. Another important consideration
Project governance is a framework
!
Monitor and report on governance
is whether more than one phase will
that sets out the structure, resources,
processes to ensure compliance
be involved and, if so, the specific life
Communication, reporting, document-
!
Ensure projects on track to meet
cycle for the individual project.
ing and monitoring systems to
desired outcomes
The Best Practice of Project
manage a project consistent with an
!
Appropriate levels of resources
Governance:
organizations corporate or strategic
are allocated
1-Lay solid foundations for manage-
vision. Also includes the framework for
!
Definite levels of reporting
ment and oversight: Recognize and
making project decisions; defines
!
Provide an overview or map of
publish the respective roles and
roles, responsibilities, and determines
agreed process for completing a
responsibilities of board and manage-
the effectiveness of the project
project
ment.
manager. Project governance is a crit-
!
Adhering to Guidelines for aligning
2-Structure the board to add value
ical element of any project where
governance and organizational
Have a board of an effective composi-
provides the project manager and
strategy
tion, size and commitment to
team with processes, techniques and
!
Guide Processes and procedures
adequately discharge its responsibili-
tools to lead the project, while support-
for the communication of informa-
ties and duties.
ing it for successful delivery. A
tion
3-Actively promote ethical and
project's governance is defined by and
!
Determine Process for review and
responsible decision-making.
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Issue 72 March 2014
2014
72

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