It is generally understood that a favourable reputation is a key contributor to organisation’s ability to create sustainable value. Good project governance is a big part of that, writes Pat Weaver.
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The way projects operate can sometimes look chaotic from the outside. Hell, it can look chaotic from the inside too. That’s where project governance comes in, notes editor Adeline Teoh.
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Ethical management and corporate governance are about balancing the competing needs of all of the organisation’s stakeholders, balancing long- and short-term goals and being socially responsible. Lynda Bourne explains how this indicates stakeholder management maturity.
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The idea of project governance is well-discussed, but what role should a project manager play in decision-making? Martin Vaughan says to leave that part to the steering committee or project board.
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Governance is currently associated with disaster prevention, risk mitigation and consequently, tighter controls. These systems stifle innovation and create an oppressing culture in organisations where everybody feels that they should protect themselves rather than contribute to value creation. Michel Thiry explains how governance should actually work.
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Benefits realisation is now becoming a central plank to the evaluation of project success. Guy Wilmington shows how you can track benefits throughout your project.
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Enterprise project management, also known as portfolio project management (PPM) tools have many functions, but how many of them do we really need? Martin Vaughan suggests an approach that will make tools useful rather than baffling.
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One in every four dollars of capital invested is wasted due to projects not delivering enough value in relation their cost according to value delivery experts Jed Simms and Alexandra Chapman.
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A survey supported by the Australian Research Council will set out to investigate the causes of project blowouts, compare governance systems and practices that may contribute to or mitigate blowouts, and develop a model to predict and avoid project blowouts.
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Eliminating ‘Us and Them’: Making IT and the Business One by Steve Romero is a solid treatment on the effective governance of IT. This book is excellent for diagnosing governance health in IT and would be a terrific primer for those moving into executive roles with a governance accountability for IT, writes reviewer Ian Sharpe.
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