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. If you ask the business world, IT governance is all about managing performance for efficiency. Key Terms in IT Governance.

Get the ‘Right’ Project Controls & Enterprise Programme Management You Want

Arras People

Project management consultancy Dada Enterprises has released a copy of the webinar it presented on designing the ‘right’ Project Controls Solutions for an organisation. How to get the benefits of effective Cost Management of accurate job costing, integrated real-time cost & performance reporting, top-down Planning were covered in a Project Controls webinar held by DADA Enterprises and can be downloaded now. Pain Points from Poor Cost Control.

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10 Steps to Successful Process Governance

MavenLink

Ensuring that all team members meet these standards can be difficult, but enforcing process consistency can make a huge difference. Process governance is how a company consolidates and standardizes their management, tasks, and services to ensure that each project is executed properly and in accordance with what is expected by both managers and clients. Governance is made possible by implementing standardized practices, processes, and rules across the entire business.

The Importance of Data Governance for Business

ProjectManager.com

The process of maintaining the integrity of your data, protecting it and making it available as needed, requires a plan of action. That plan is called data governance. What Is Data Governance? Data governance provides an organization with a plan to make sure that its data is available, usable, consistent and secure. This includes creating processes that provide accountability to make sure data management is effective. Data Governance Goals.

What Is Corporate Governance & How Can it Impact My Project?

ProjectManager.com

While making money is the overriding mandate of any for-profit enterprise, each individual organization is governed by its own set of standards and practices. Those standards and practices are called corporate governance, and they are going to influence your project. All these factors are counted and calculated into corporate governance. Therefore, if you don’t know about corporate governance, you better learn what it is and what it can do to your project management.

Nudges might lead to better project governance

Kiron Bondale

If a survey of teams was conducted to find out what they hated the most about working on projects, governance is likely to rank fairly high. Ask a group of project managers working for a large organization the same question and governance is likely to receive the most votes.

Review Agile Governance and Audit

Henny Portman

Christopher Wright wrote the book Agile Governance and Audit – An overview for auditors and agile teams. Agile Governance and Audit gives a short introduction to agile, compares agile with waterfall and looks at audit and agile cultures. The author follows a project life cycle from idea towards a usable product including governance and control. Conclusion: This easy to read book focusses on projects with an agile delivery team using Scrum, Unified Process or XP.

Review People Over Process

Henny Portman

Levine wrote with People Over Process – Leadership for Agility a very pragmatic and down to earth book about leadership and agile projects. In the third section we get an overview of some routine meetings like the daily scrum, demos, governance meetings and teleconferences. Michael K.

Closed Loop Control and Granularity of the Estimating Process

Herding Cats

For any closed loop control system ‒ let’s assume we want to manage our project with such a system ‒ has a signal representing the current state of the system. DP6Jw is an overview of this process. To control this process using feedback and corrective actions ‒ in the same way, your closed loop controller for your air conditioner or heater does - a sampling rate is determined based on the rate of change of the underlying processes. Closed Loop Control.

Scheduling and Cost Control in a Complex Environment

Strategy Execution | PMO Perspectives

The recent UK Government’s enquiry into the management of major projects was cut short by world events, but the interim report and oral evidence make for interesting reading. [1] And of course, for our projects and our organisations, we don’t have Governments to bail us out. Schedule and Cost Control Starts with Good Estimates. Having Controls Doesn’t Mean That You’re in Control.

Vendor Showcase Recap: Triskell Software for Enterprise Governance

MPUG

Please find below a transcription of the audio portion of Rich Murphy’s showcase session, Triskell Software for Enterprise Governance, being provided by MPUG for the convenience of our members. We have a lot… We’ve got several European government agencies.

Vendor Showcase Recap: Triskell Software for Enterprise Governance

MPUG

Please find below a transcription of the audio portion of Rich Murphy’s showcase session, Triskell Software for Enterprise Governance, being provided by MPUG for the convenience of our members. We have a lot… We’ve got several European government agencies.

Kingspan Insulation Enables Growth with Successful Product Portfolio Governance

Arras People

If your organisation does not have effective product portfolio governance, growth can quickly become overwhelming and lead you into making inaccurate decisions. Struggling to manage resources and budgets across time zones, they faced an out-of-control product portfolio, which lead to pulling a product from the market the same week as its release—after two years of development. They addressed many challenges to create an NPD process that enabled innovation and growth.

Your Basic Guide to IT Project Governance Framework

Project-Management.pm

The process won’t even work unless there is manpower involved, as well as methodologies and standards implemented for projects to be delivered successfully. IT project governance framework has since been the answer to this equation, but people seemed not to fully grasp its function. This article tackles the importance and significance of IT Project Governance Framework and its impact on the projects in the organization. This is one of the purposes of project governance.

Everything You Need to Know About Project Management Governance

ProProfs Project Management

One of the major reasons is the lack of project management governance. . This is precisely where project governance comes to the picture. . Meaning & Definition of Governance. The Association of Project Management defines governance as: Governance refers to the set of policies, regulations, functions, processes, procedures, and responsibilities that define the establishment, management, and control of projects, programs, and portfolios.

How to Develop a Strong Governance Process with These 6 Tips ?

Project-Management.pm

Projects involved a lot of planning , implementation , and not to mention tracking or detecting issues and problems within the team or the project, and surpassing the following process. But don’t forget the essential factors of them all—controlling and monitoring. The two governance processes should be implemented constantly to keep track of the scope creeps, risks , opportunities, and also safeguard the following resources from running out.

Kingspan Insulation Enables Growth with Successful Product Portfolio Governance

Arras People

If your organisation does not have effective product portfolio governance, growth can quickly become overwhelming and lead you into making inaccurate decisions. Struggling to manage resources and budgets across time zones, they faced an out-of-control product portfolio, which lead to pulling a product from the market the same week as its release—after two years of development. They addressed many challenges to create an NPD process that enabled innovation and growth.

Governance and Estimating

Herding Cats

If your business is not subject to any external governance process, you’re free to spend your money as you please. But you’re not free to suggest your approach is applicable to those who are governed by external frameworks of spending and accountability for that spend, without a testable confirmation this idea doesn’t violate those governance principles. Governance includes: Responsibility for a specific duty, task, or decision. NoEstimates Governance

Project Governance: Establishing an Effective Steering Committee

Strategy Execution | PMO Perspectives

Within the project management community, the concept of governance is seen as a fundamental project control, which is easy to grasp in principle. Getting the governance piece right requires insight and at times a few honest conversations about roles and responsibilities. If those conversations aren’t happen ing, the project may end up with an ineffective escalation and decision-making process. Creating a smooth escalation and governance process.

Digital Transformation in Government Organizations: Tips from Microsoft, IBM, McKinsey, and PwC

Epicflow Blog

Though government organizations are not facing a threat of rivalry, one of the biggest challenges is meeting citizens’ requirements and bringing better results with smaller expenses and amount of time. So, let’s see the way top companies consider this process. Microsoft’s Vision of Government’s Digital Transformation Journey . As stated by Microsoft, this process encompasses four pillars. . Authorizing Government Employees . Building a digital government.

Integrated Change Control – Sequence of Change Request

iZenBridge

Integrated Change Control and Sequence of Change Request. A formal integrated change control starts with a change request. As an exception, the procurement planning process may generate a change request. In Summary, planning and initiating processes usually do not raise any change requests. In general, Change Request comes from the Execution and Monitoring processes. And, then we process it with the Perform Integrated Change Control.

Why the Stage Gate Process will Make You a Better Project Manager

Online PM Courses

The Stage Gate Process gets too little love from Project Managers. In a Stage Gate process, you break your project into stages, or phases. In this article, we look at why a stage gate process will enhance your project management, and how to make it work. What is a Stage Gate Process? The Stage Gate Process examines your projects at key decision points in its lifecycle. It is an important part of project governance that looks both backwards and forwards.

5 Governance Steps for Distributed Project Team Management

LiquidPlanner

Managing a distributed project team takes real skill and a definite commitment to putting a governance structure in place that enables success. So, if your absolute absence is a given because you have project team members operating on three different continents across twelve time zones, then you must put in place the policies, processes, techniques, and templates to standardize activities and ensure the team is playing from the same sheet of music.

System of Delivery: An Intro to Our Governance Model

Leading Agile

Our governance model and team design may look a little complicated at first glance. In this presentation, our Chief Methodologist, Dennis Stevens will remove the noise and walk you through our governance model and team design to help you better understand the LeadingAgile system of delivery. When you first look at our governance model or some of our team designs, it might look complicated, it might look really busy. The governance model makes that actionable.

Software Development Process: How to Pick The Process That’s Right For You

Planio

Every great piece of software starts with a plan and a clear process in place. Luckily, there are numerous software development processes you can choose from when you’re starting your next project. But which software development process is right for you? In this guide, we’ll go over the basics of your software development lifecycle, why it’s so important to understand, and then cover the pros and cons of the five best software development processes.

Efficient project governance should not be an oxymoron!

Kiron Bondale

Look up governance in Merriam-Webster’s dictionary and you’ll find this definition “ The way that a city, company, etc., is controlled by the people who run it “ This is certainly an appropriate meaning of the phrase when applied to corporate governance, but is not the most empowering vision for how projects need to be governed. Most staff would view governance as a necessary evil. So what should right-sized governance look like?

A Real-World Success Story: New Zealand Government Improves Project Delivery

Planview

Meeting the demands of ever-changing priorities within a government can lead to inconsistent processes, departments with limited visibility into what is being worked on, and no ability to monitor investments. New Zealand Government, like many other government agencies, was tasked with overcoming these obstacles to develop and manage project and investment portfolios to grow the economy to deliver greater prosperity, security, and opportunities for all citizens.

The Origins of Scrum and Empirical Closed Loop Control

Herding Cats

Scrum is) more defined rather than empirical process. This took me back since Scrum is derived from an empirical closed loop control system developed in the USAF by Col. So when we hear anything about the current state of Agile or even that Scrum is NOT empirical and needs to be replaced, ask what new process is being suggested that will meet Dr. Carter's definition? See link below on Closed Loop Control). Closed Loop Control.

A camel is a horse designed by a committee

Kiron Bondale

The old saying about committees came to mind when I was considering the default approach companies often use to achieving a control objective. Beyond the proposal review itself, there is usually a need to go through some type of formal intake process and to provide other documentation for committee-specific needs. Each architect is expected to have a clear understanding of enterprise standards and good architectural practices, so control objectives should still be met.

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Accountability on a Agile Software Development in the Presence of Governance

Herding Cats

Self-Organizing is a powerful process. So for projects that spend other people's money in the presence of uncertainty - Governance is a means to establish those shared principles. Governance is about Decision Rights. You don't need governance, a Product Roadmap, and Release Plan. But if you're on a team that gets its funding outside the team, then there is likely a governance process in place for how to spend that money.

How to Keep Your Projects On-Time and On-Budget

Arras People

Deltek is the latest member of the Arras People Software Directory , in this article they give a brief overview of how projects can be controlled and how software can help with this. The simple truth is that organisations can avoid these issues by implementing and enhancing their project controls with industry best practices for project management. But what are the right project controls and is there a single method to the implementation madness? What Are Project Controls?

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Beginner’s Guide to Project Management Process

iZenBridge

Project Management Process Skill (Tools and Techniques). Project Management Process in divided into 5 Process Groups. These groups are further bifurcated in 10 Knowledge Areas and 47 Project Management Processes. These Process Groups are: Initiating. Monitoring & Controlling. Why “project management process groups”, while we usually assign project with phases or stages. This Group includes processes performed to define a New Project.

Webinar Recap – Finding a Perfect Match: A Look at Both Sides of the Interviewing Process

MPUG

Please find below a transcription of the audio portion of Lynette Reed’s session, Finding a Perfect Match: A Look at Both Sides of the Interviewing Process, being provided by MPUG for the convenience of our members. Kyle: Hello everyone, and welcome to today’s MPUG webinar, Finding a Perfect Match: A Look at Both Sides of the Interviewing Process. So whenever you’re starting that interview process, you really don’t think a lot about it.

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Two Parallel Processes of Project Success - Both Value and Delivery are Needed

Herding Cats

This randomness comes from the underlying uncertainties (Epistemic and Aleatory) in the processes found in the development of the software. Making technical and management decisions in the presence of these uncertainties to Deliver the needed Value at the needed Time for the needed Cost , requires a Closed Loop Control process. So back to the original quote, it's missing ½ of the process needed for business success.

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Project Failure – Why it Happens

Online PM Courses

– 2 – Governance. Governance is hardly the most sexy of project management disciplines. Good governance is a cornerstone of project success, so poor governance inevitably leads to project failure. Good governance is a cornerstone of #project success, so poor governance inevitably leads to project failure. Lack of Governance Structure. But you fail to set up the governance structure your project needs to assure its success.

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Does your PMO hinder or help your agile transformation?

Kiron Bondale

But many successful PMOs have evolved beyond governance and control to helping their company reach higher levels of organizational project management maturity, and increasing agility should be complementary and not contradictory to this pursuit. Examining their own operational processes and leaning them out as much as possible. Shifting portfolio reporting from being a manual, onerous process to the automated consumption of information radiators.

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How to Run an Effective Stage Gate Review | Video

Online PM Courses

An effective Stage Gate Review process makes a valuable contribution to project governance. You will gain more control and greater accountability. PMI Talent Triangle: Technical Project Management Project Control Project Governance Project Management Tips Project Process Gateways Stage Gate videoThe post How to Run an Effective Stage Gate Review | Video appeared first on OnlinePMCourses.

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So this is why project management is failing.

Ron Rosenhead

Project Review/governance – ensure that there is strong project management review alongside project governance in place (Governance refers to the set of policies, regulations, functions, processes, procedures and responsibilities that define the establishment, management and control of projects, programmes and portfolios.). Give that person executive authority – within the companies governance processes!

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Project managers, just say no!

Ron Rosenhead

Effective change control – project management processes have clear change control processes. If you don’t have a change control process, develop onbe and have it as an integral part of your processes. Related Posts: This is why change control is so important How do you counteract scope creep? project management governance project management project scope risk management saying no stakeholders

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Preventing Kickbacks to Those with the Power to Purchase

Project Risk Coach

He is the author of The Little Book of Local Government Fraud Prevention and Preparation of Financial Statements & Compilation Engagements. The surest means of ensuring a clean procurement process is to create written protocols that require transparency. Moreover, your auditors–whether internal or external–should report their findings directly to those charged with governance of the company. 2=Planning 4=Control Project Procurement Management

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