97 Things Every Project Manager Should Know

Chapter 96. Establish Project Management Governance

MBA, PMP, PgMP. Ernani Marques da Silva

A PROJECT CAN INTERACT WITH A WIDE GROUP comprised of team members, vendor team members, customers or project sponsors, operational teams, contract teams, financial teams, and other relevant stakeholders. In this scenario, where the project involves a large group of people, a variety of situational things can jeopardize the project.

If you are a software project manager coming from an information technology background, it may be helpful for you to know how to fit into the larger view of project management outside your department.

Governance is a management method that is used to develop, communicate, implement, and monitor polices, procedures, practices, and other acts used to run a project. Putting an effective project governance structure and procedure into place helps ensure the project alignment, monitoring and controlling of threats and opportunities, decision making, and delivery of project packages that are focused on the project planned. It allows you to appropriately address the risk and consequently meet the project requirements.

To be effective, the project governance should be planned in advance. Address relevant items in its framework like the governance goals and objectives; the structure; the principles; the process, procedures, and standards; communication; reporting relationships; ...