Sante, good question, actually I understood it more when I did study PRINCE2 as it has a good framework with three elements structure, people and information it separate stakeholders management and project decision making, also project ownership independent of Assets ownership with accountability so in general it is a set of rules and principles for the framework where all decision and actions plan repeatedly as a system takes place In other words a good governance relates to consistent management, cohesive policies, guidance, processes and decision-rights for a given area of responsibility like the one in Management by Exception and Management by stages and proper oversight and accountability
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2 replies by Sante Delle-Vergini, PhD and Vincent Guerard
Jun 20, 2018 11:20 PM
Vincent Guerard
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Riyadh, Well presented
PRINCE2 cover it better than PMBOK
Jun 21, 2018 4:04 AM
Sante Delle-Vergini, PhD
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I agree Riyadh, Prince2 has a clear methodology for this and other areas of project management.
Saving Changes...
RAJESH K LProject Manager, PMP| Bharat Electronics, Bengaluru, IndiaBengaluru, Karnataka, India
Hi Sante,
Agree with points made by Riyadh.
In organisations which are ISO 9001 certified, the QMSM & QMSP addresses most of the Project governance aspects.
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2 replies by RAJESH K L and Riyadh Salih
Jun 21, 2018 1:50 AM
Riyadh Salih
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Rajesh, thank you / do you use SAP for Quality notification - task table on your QMSM?
Jun 21, 2018 2:48 AM
RAJESH K L
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Riyadh,
Yes we do use SAP in most of functional areas. We are yet to reach Quality notification aspects in SAP. We are in process.
Sante, good question, actually I understood it more when I did study PRINCE2 as it has a good framework with three elements structure, people and information it separate stakeholders management and project decision making, also project ownership independent of Assets ownership with accountability so in general it is a set of rules and principles for the framework where all decision and actions plan repeatedly as a system takes place In other words a good governance relates to consistent management, cohesive policies, guidance, processes and decision-rights for a given area of responsibility like the one in Management by Exception and Management by stages and proper oversight and accountability
Riyadh, Well presented
PRINCE2 cover it better than PMBOK
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1 reply by Riyadh Salih
Jun 21, 2018 1:43 AM
Riyadh Salih
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Vincent, Merci beaucoup, your feedback is highly appreciated.
Hi Sante,
Agree with points made by Riyadh.
In organisations which are ISO 9001 certified, the QMSM & QMSP addresses most of the Project governance aspects.
Rajesh, thank you / do you use SAP for Quality notification - task table on your QMSM? Saving Changes...
RAJESH K LProject Manager, PMP| Bharat Electronics, Bengaluru, IndiaBengaluru, Karnataka, India
Jun 20, 2018 10:57 PM
Replying to RAJESH K L
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Hi Sante,
Agree with points made by Riyadh.
In organisations which are ISO 9001 certified, the QMSM & QMSP addresses most of the Project governance aspects.
Riyadh,
Yes we do use SAP in most of functional areas. We are yet to reach Quality notification aspects in SAP. We are in process. Saving Changes...
Sante, good question, actually I understood it more when I did study PRINCE2 as it has a good framework with three elements structure, people and information it separate stakeholders management and project decision making, also project ownership independent of Assets ownership with accountability so in general it is a set of rules and principles for the framework where all decision and actions plan repeatedly as a system takes place In other words a good governance relates to consistent management, cohesive policies, guidance, processes and decision-rights for a given area of responsibility like the one in Management by Exception and Management by stages and proper oversight and accountability
I agree Riyadh, Prince2 has a clear methodology for this and other areas of project management. Saving Changes...
Boiled down, governance is about the who/what/why/when/where & how of decision making. The struggle most companies face is to balance control objectives (e.g. fiscal prudence, responsibility to shareholders, regulatory compliance) with delivery objectives (e.g. faster, cheaper).
Like project management itself, a one size fits all never works - good governance models are flexible and scalable to the context and risk profile of a given project.
Boiled down, governance is about the who/what/why/when/where & how of decision making. The struggle most companies face is to balance control objectives (e.g. fiscal prudence, responsibility to shareholders, regulatory compliance) with delivery objectives (e.g. faster, cheaper).
Like project management itself, a one size fits all never works - good governance models are flexible and scalable to the context and risk profile of a given project.
Kiron
Good input Kiron, thanks. Saving Changes...
Phil DoyleSenior Project Manager| Orangebus (Capita)Newcastle Upon Tyne, Tyne And Wear, United Kingdom
I think “Governanace” is one of most over-used and misunderstood words in business, it gets thrown around casually without real though into implementing a governance approach. I realised last year during a period of self-reflection that perhaps I too was falling into this trap, so I went back-to-basics and referred to some publications - PMI have a practice guide as well as a number of other publications that touch on it, and the Axelos “Managing Succesful Programs” methodology also has Governance Themes which cover a number of topics. In my previous Organisation I realised we didn’t have a true end to end Governance framework, so i wrote a governance plan. It had sections which identified all of the different types of governance activity we had; for us this was things like: sales, technical solution, process, lifecycle, implementation, but of course it will be different for every project.
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1 reply by Sante Delle-Vergini, PhD
Jun 30, 2018 10:25 PM
Sante Delle-Vergini, PhD
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Indeed the term is overused, but in essence its the management framework used to make project decisions and also to have some checkpoints. I'm always interested to see how people write governance plans, as they are so interesting, diverse, yet crucial.