Governance is Important to Project Success – Nick Pelham & Chris Flaherty
Governance is Important to Project Success – a conceptual paper
What do we mean by governance and by project success? Most projects, even non-complex projects require some form of governing – it can be as simple as having a project manager as the person responsible for the delivery the project. In addition, there could be more a question of what structural processes are in place, to allow for good governance; such as ensuring that there is regular and systematic reporting to the ‘project owner’ on the progress of the project.
In the more complex project situations, a project board is put in place and reporting occurs there. A project charter could also be drafted. A project charter is a guide for project board, establishing the authority and financial responsibilities of the board’s oversight of the project which includes the level of financial delegations that a project manager has over the particular project and the deliverables the project is to achieve. Project success, however, is not so simple, as there are four different views.
Authors: Nick Pelham, Dr Chris Flaherty
Review status: TBC