article thumbnail

How to Build and Implement a Project Strategy

ProjectManager.com

Project strategy is the plan that defines a project, which is why project management strategy is so important. To better manage projects, one must clearly understand project strategy, who’s responsible for it in the organization and the steps to create a project strategy. What Is Project Strategy?

Budget 373
article thumbnail

What Does Project Governance Really Mean?

ProjectManager.com

Projects like anything that involves a lot of people working together need governance. The government runs a nation and project governance in the same fashion runs the project. What Is Project Governance? You can look at project governance as a framework to help oversee the right course for the project. Structure.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Strategies for Successful Project Execution

ProjectManager.com

Is your organization failing to close the gaps between strategy and project execution? Fortunately, there are strategies ( and tools! ) Let’s review strategies and tools you can use, and learn how they can help you close that gap to promote successful project execution. Ineffective corporate governance.

Executing 500
article thumbnail

How AI is Driving Strategic Decision-Making in Business and Government

The IIL Blog

A recent McKinsey Government agencies historically lag the private sector in the adoption of such innovations, so we can surmise an even lower figure for government agencies. Still, despite the growing use of AI in day-to-day tasks, only a minority of businesses use it for strategic decision-making.

article thumbnail

IT Governance: Definitions, Frameworks and Planning

ProjectManager.com

IT governance ensures that IT departments are prepared for what’s next, without losing focus on what matters. What is IT Governance? At its base level, IT governance is one or multiple processes that enable the IT staff to better manage risk and operate at its most efficient to the benefit of the organization on the whole.

article thumbnail

Back to Basics: What is Project Governance?

MPUG

A Project Management Methodology is an integral part of project governance. Organizations can choose any project management framework or methodology to establish project governance structure. Project governance is sometimes confused with project management, and many people use these terms interchangeably. Project Governance.

article thumbnail

Agile Governance Demystified

Leading Agile

What is Agile governance? Simply put, Agile governance is a way to maximize the flow of value within an organization in the fastest way possible. In small, lean startups, there aren’t a lot of legacy processes and systems in place to overcome, and your teams are small and conducive to an Agile governance model.