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7 Factors of Good Governance

Rebel’s Guide to PM

Projects ideally sit within a governance framework that is bigger than the project team. It’s actually easier to work in an environment where there is governance in place because it gives you boundaries. But what does governance on projects actually look like? Here are 7 factors that make up good governance.

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Project Boards and Project Steering Groups: An Introduction

Rebel’s Guide to PM

These are all functions of a project board (or steering group). Strong leadership in projects is important for success, so getting your project board and/or project steering group set up as soon as you can is a good start. A project board provides oversight and governance for the project. What is a project steering group?

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Gate Reviews: What Project Managers Need To Know

Rebel’s Guide to PM

Project governance is an important part of project management processes – even if it’s not the most exciting part of getting work done. Governance is a key part of that, and gate reviews are part of navigating through the project. Ready to find out more about this helpful governance technique? What is a gate review?

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Enterprise Risk Management (ERM) and Risk Governance

MPUG

Let’s consider the following scenario based true events which occurred within an organization I worked closely with recently. I came to know that there were no consistencies within risk governance parameters, such as risk appetite , or risk threshold , for example. There is a governance board which oversees the ERM and its framework.

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Back to Basics: What is the Difference between Process Groups and Phases?

MPUG

After that experience, I no longer had a difficulty in understanding the difference between project management process groups and project phases. In my two decades of experience, I have noticed that many PMs find it difficult to understand the concept of process groups. Five Process Groups of Project Management. In figure 1.5

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What Is a PMO Director? Role, Responsibilities & Salary

ProjectManager.com

It can be a department in that organization or a group of professionals, either inside or outside the organization. They all share similar responsibilities, but one deals with an organization’s project and the other deals with either a program, a group of related projects or a portfolio of projects. What Is a PMO Director?

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What Is a Stakeholder? Definitions, Types & Examples

ProjectManager.com

A stakeholder is either an individual, group or organization who is impacted by the outcome of a project or a business venture. But all stakeholders can be broken into two groups: internal stakeholders and external stakeholders. Government: These stakeholders get taxes and gross domestic product from a project.