17 January 2012

🚧Project Management: Project Governance (Definitions)

"Systems and methods by which a program is monitored, managed, and supported by its sponsoring organization." (Project Management Institute, "The Standard for Program Management" 3rd Ed.., 2013)

"A document that describes the systems and methods to be used to monitor, manage, and support a given program, and the responsibilities of specific individuals for ensuring the timely and effective use of those systems and methods." (Project Management Institute, "The Standard for Program Management" 3rd Ed. 2013)

"The alignment of project objectives with the strategy of the larger organization by the project sponsor and project team. A project’s governance is defined by and is required to fit within the larger context of the program or organization sponsoring it, but is separate from organizational governance." (For Dummies, "PMP Certification All-in-One For Dummies" 2nd Ed., 2013)

"Project governance helps make sure that a project is executed according to the standards of the organization performing the project. Governance keeps all project activities above board and ethical, and also creates accountability." (Chartered Institute of Building, "Code of Practice for Project Management for Construction and Development" 5th Ed., 2014)

"The framework, functions, and processes that guide project management activities in order to create a unique product, service, or result to meet organizational, strategic, and operational goals." (Project Management Institute, "A Guide to the Project Management Body of Knowledge (PMBOK Guide)", 2017)

"Governance is the framework by which an organization is directed and controlled. Project governance includes, but is not limited to, those areas of organizational governance that are specifically related to project activities." (ISO 21500:2012)

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