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Governance of Portfolios, Programs, and Projects: A Practice Guide

Book Description

Understanding governance as it applies to portfolios, programs, and projects is growing in importance to organizations, because appropriate governance is a factor in the success or failure of strategic initiatives and portfolios, as well as an organization’s programs and projects. Implementing an effective governance framework can be challenging due to factors such as increasing business complexities, regulatory requirements, globalization, and rapid changes in technology and business environments. Many organizations do not have a consistent approach to portfolio, program, and project governance. PMI’s Governance of Portfolios, Programs, and Projects: A Practice Guide, developed by leading experts in the field, provides guidance to organizations and practitioners on how to implement or enhance governance on portfolios, programs, and projects. This practice guide provides definitions for governance in an effort to distinguish the different levels of governance and to identify their common elements.

Table of Contents

  1. Cover Page
  2. Title Page
  3. Copyright Page
  4. Table of Contents
  5. List of Tables and Figures
  6. Preface
  7. 1 - Introduction
    1. 1.1 - The Purpose and Need for this Guide
    2. 1.2 - The Intended Audience
    3. 1.3 - Overview of the Practice Guide
    4. 1.4 - Overview of Governance Related to Portfolio, Program, and Project Management
    5. 1.5 - Portfolio, Program, and Project Governance versus Portfolio, Program, and Project Management
      1. 1.5.1 - Effective Governance of Portfolios, Programs, and Projects
      2. 1.5.2 - Governance and Program and Project Complexity
    6. 1.6 - Governance Domains
    7. 1.7 - Governance Functions
    8. 1.8 - Governance Framework Implementation
  8. 2 - Organizational Project Management (OPM) Governance
    1. 2.1 - Overview
    2. 2.2 - OPM
    3. 2.3 - OPM Governance
      1. 2.3.1 - Tailoring the Approach to OPM Governance
      2. 2.3.2 - OPM and Governance Interactions
      3. 2.3.3 - OPM Governance Considerations
    4. 2.4 - Roles and Responsibilities
      1. 2.4.1 - OPM Governing Body
      2. 2.4.2 - OPM Sponsor
      3. 2.4.3 - OPM Project or Program Manager
      4. 2.4.4 - Portfolio, Program, and Project Manager
      5. 2.4.5 - PMO (Portfolio, Program, or Project Management Office)
    5. 2.5 - OPM Governance Domains, Functions, and Processes
      1. 2.5.1 - OPM Governance Alignment Domain
      2. 2.5.2 - OPM Governance Risk Domain
      3. 2.5.3 - OPM Governance Performance Domain
      4. 2.5.4 - OPM Governance Communications Domain
    6. 2.6 - OPM Governance Framework Implementation
      1. 2.6.1 - Assess
      2. 2.6.2 - Plan
      3. 2.6.3 - Implement
      4. 2.6.4 - Improve
      5. 2.6.5 - Essential Factors for Implementation
  9. 3 - Governance at the Portfolio Level
    1. 3.1 - Overview
    2. 3.2 - Portfolio and Portfolio Management
    3. 3.3 - Portfolio Governance
      1. 3.3.1 - What is Portfolio Governance?
      2. 3.3.2 - Portfolios and Governance Relationships
      3. 3.3.3 - Portfolio Governance Considerations
    4. 3.4 - Roles and Responsibilities
    5. 3.5 - Portfolio Governance Domains, Functions, and Processes
    6. 3.6 - Portfolio Governance Framework Implementation
  10. 4 - Governance at the Program Level
    1. 4.1 - Overview
    2. 4.2 - Program and Program Management
    3. 4.3 - Program Governance
      1. 4.3.1 - What is Program Governance?
      2. 4.3.2 - Program and Governance Relationships
      3. 4.3.3 - Program Governance Considerations
    4. 4.4 - Roles and Responsibilities
    5. 4.5 - Program Governance Domains, Functions, and Processes
    6. 4.6 - Program Governance Framework Implementation
  11. 5 - Governance at the Project Level
    1. 5.1 - Overview
    2. 5.2 - Project and Project Management
    3. 5.3 - Project Governance
      1. 5.3.1 - What is Project Governance?
      2. 5.3.2 - Projects and Governance Relationships
      3. 5.3.3 - Project Governance Considerations
    4. 5.4 - Roles and Responsibilities
    5. 5.5 - Project Governance Domains, Functions, and Processes
    6. 5.6 - Project Governance Framework Implementation
  12. References
  13. Annex A1
  14. Appendix X1
  15. Appendix X2
  16. Glossary