Project Governance

COURSE OVERVIEW

Project governance is a critical element of any project since while the accountabilities and responsibilities associated with an organization’s business as usual activities are laid down in their organizational governance arrangements, seldom does an equivalent framework exists to govern the development of its capital investments (projects).  Therefore, the role of project governance is to provide a decision-making framework that is logical, robust and repeatable to govern an organization’s capital investments.

This course is designed to inculcate the awareness and importance of managing projects using good governance. PMI®, the foremost professional body which promotes project governance now highly emphasizes this phenomenon. This course also incorporates PMI®’s views on project governance.

TARGET AUDIENCE

Managers, Executives, HODs, Project Managers, Project Team Members

LEARNING OUTCOME

At the end of this program, the participants will have gained the following knowledge:

• Comprehend the concept of project governance                                                                               
• Describe the relation between corporate governance and project governance                    
• Use the elements of good project governance                                                                                   
• Identify the challenges of implementing project governance       

COURSE OUTLINE                              

• The Three pillars of project governance
  • Structure, People, Information

• Core project governance principles

• The principles of Project Governance
  • Principle 1: Ensure a single point of accountability for the success of the project
  • Principle 2: Project ownership independent of Asset ownership, Service ownership or other stakeholder groups
  • Principle 3: Separation of stakeholder management and project decision making activities
  • Principle 4: Separation of project governance and organizational governance structures
  • Additional and complementary principles of governance
  • Principles for multi-owned projects

• Three Roles
  • The board, The Project Manager, Other Project Stakeholders

• Elements of Project Portfolio Success
• Governance in Government and the Public Sector
• Review and Close