Through our numerous interventions we often find that Project Governance is decisive factor for Large, Complex Projects success or failure. Whatever the talent or level of effort of the project team, poor governance will often break a project. In our new White Paper 2018-01 \’How Project Governance Can Make or Break a Project\’ we detail what are the key success factor for project governance. In a second White Paper we will investigate more precisely specific governance issues in Owner organizations.
Project governance addresses those issues that cannot be tackled by the Project Manager. The absence of proper governance even in the case of a sound project will almost always lead to substantial failures. The only exceptions are often where the seniority and the leadership capability of the Project Manager or Project Director allows him or her to step in and compensate. A number of failure modes are listed in the paper.
Our research shows that Project Governance success factors can be grouped in four main success factors:
- Sufficient understanding of Project Management specifics needs to exist within the organization,
- The organization of Project Governance needs to be effective,
- The decision-making framework for governance needs to be effective and timely,
- The information reported from the Project needs to be accurate and relevant for proper decision-making.
Those success factors are developed in detail in our new White Paper 2018-01 \’How Project Governance Can Make or Break a Project\’.
If you can’t access the link to the white paper, copy and paste the following link in your browser: http://www.projectvaluedelivery.com/_library/2018-01_governance_project_success_v0.pdf