What is governance? What is Project Governance? What is Project Management Governance? Today, we address Project Governance in relation to a project management method.
Governance and CAM2P
The reader is asked to reflect on the above definitions in comparison to what have been presented in this book so far. Can one relate how CAM2P
The Institute on Governance listed three key principles “authority, decision-making and accountability” (Defining Governance, 2015). CAM2P
The Project Management Wisdom site, reflected on “critical success criteria”, “project management processes”, “… change and risk management”, and “…project contingencies estimated and controlled …” (Wideman, 2015). Each of these topics have been addressed, or will be addressed, in this book.
- Project success is a chapter in this part,
- Project management processes is the organizational project management system discussed in Chapter 8,
- Change and risk management are also in this part, each with a dedicated chapter,
- Contingency has been mentioned in numerous places in this book and will be re-visited in the estimating chapter in this Part.
What is being said is this: the author views governance as critical for the success of any endeavor or strategic initiative. Consequently, project and project management governance is embedded in all aspects of the SUKAD Way
To close, project management governance is about organizational control. It is through how the organization select and approve projects and funds, how to estimate and control, how to manage change and risk, and ultimate how to define and manage success. Yes, success has to be managed.
A better way of saying this might be: success and benefits realization must be delivered through effective and efficient processes, governance, and project leadership.
 Part of every Stage Management Plan and Stage Detailed Plan
 Refer back to Chapter 8 on the organizational project management system.
 Throughout this book
 Chapter 28
This article is from our upcoming book. The book is about simulation on the application of a large and complex, capital-intensive project. The article is part 2 of 3, from the Governance Chapter in the book.