Formalizing Governance
When I first started out as a project manager, no one talked about governance. No one even knew what it meant. We had methodology and process, and we may occasionally have had an audit--but nothing remotely like we have seen in the last five years or so. The corporate scandals of the early 2000s--along with the greater transparency that is expected by regulators, shareholders, customers, and even employees--have made governance a necessary part of all major initiatives today.
What I find myself asking though, is how is governance done? In my experience, sponsors simply ask for a governance committee or appoint a governance officer to a project without really defining what’s expected. In this article, I would like to build on a few experiences that I have had with governance and consider some ways that we can improve things by bringing consistency to the process. Within an organization, governance shouldn’t be hit or miss--it should be controlled and applied in a systematic function. Governance is another element of an organization’s overall approach to project management, and it needs to be treated that way.
The need for governance
Let’s start with the basics. Organizations have a PMO or similar body that will provide a project methodology, often based on a recognized approach, that includes specific processes, tools, templates, etc. that
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