CHAPTER2The Essence of EnterpriseProject Governance

The challenge for organizations that rely on projects, programs, and portfolios to instigate change and to grow value is monumental. It calls for moving from ad hoc execution to an integrated, robust, repeatable, and auditable system aimed at increasing the predictability of an organization’s future state. When these requirements are combined with the enhanced expectations of stakeholders, a significant requirement for such robust, predictable, and auditable processes emerges.

Enterprise Project Governance resides under the umbrella of top management and corporate governance. It is about ensuring that projects are aligned with overall strategy, are balanced with respect to corporate priorities, ...

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