Project Governance Explained: Frameworks, Roles & Best Practices

Project Governance lays the foundation for project success, project management and project alignment with business goals. Organisations need to have some means to make decisions in today's highly complex projects, to have clear accountability for overseeing the project and managing risk. Project Governance can prove important here.

Project Governance in Project Management provides a structure for project authority, project responsibilities, project policies, and project expectations for project performance throughout the project life cycle in today's business world. It assists companies in keeping track of their operations, building confidence among stakeholders, and guaranteeing efficient resource utilization.

This guide provides an overview of the key elements of Project Governance, including its principles, governance models, governance frameworks, roles and responsibilities, implementation strategies, and best practices. You will also learn the value of successful project governance: project failures reduced, strategic decision-making supported and project performance enhanced. From the perspective of a project manager, sponsor, PMO professional, or business leader, it is important to know about project governance to ensure that projects are consistently successful.

What is Project Governance?

Definition of Project Governance

What are the terms of Project Governance? Project Governance is the structure, processes, policies and decisions that will be used to guide, monitor and control a project throughout the life of the project. It gives an organisation clear authority, power and control, and helps to direct project activities towards the organisation's mission and towards the needs of its stakeholders.

The Clear Project Governance structure allows decisions to be made, risks to be managed, resources to be allocated, and the Project performance to be measured. It keeps everyone on board with what they are supposed to do and what they are responsible for, and ensures consistent and transparent decision-making.

Project Governance in Project Management

Project Governance in Project Management acts as a link between the strategic goals and project implementation. Project management is about planning, scheduling, budgeting and delivering the project output; governance is about giving a project the oversight and oversight it needs to ensure that it's on track and continues to meet the business value.

Effective Project Governance in Project Management can help the organisation to establish structures for decision-making, reporting structures, approval chains and escalation processes. This enables project teams to respond to problems proactively, and remain in sync with organisational priorities.

Objectives of Project Governance

Project Governance has as its main goal to increase the chances of project success through structuring the project for decision-making and accountability. Key objectives include:

•  Linking projects to the organisation's strategy.

• Assigning roles and responsibilities and levels of authority.

• Promoting transparency and involvement of stakeholders.

• Providing Risk Management and Problem Resolution.

• Observing organisation policies and standards.

• Tracking the progress of a project and benefits realisation.

By accomplishing these goals, project governance helps organisations to maximise the outcomes of their projects while minimising uncertainty and risk.

Evolution of Governance Practices

The idea of Project Governance has changed over the years. Traditional governance methods were mainly centred around control and compliance. However, today companies realise that governance is not just about agility, innovation and collaboration.

Both the traditional project world and the agile project world have modern project governance frameworks. With the evolution of project complexity and connectivity, governance practices are still evolving to be more flexible and to still be accountable and strategic.

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Why is Project Governance Needed?

Increasing Project Complexity

Projects these days have to deal with various stakeholders, technologies, and many business needs and are becoming more complex to manage. Project governance offers a structured approach to controlling complexity, managing risk, and keeping project direction throughout the project life cycle.

Need for Accountability

Good accountability is one of the keys to the success of a project. Defined Project Governance Roles – Decision-making authority, responsibilities, and expectations are delegated to the appropriate people. This will support the improvement of transparency and accountability and speedy resolution of issues related to the projects.

In line with Business Goals

Projects should be directly related to the organizational goals. Project governance is a mechanism that makes sure that project activities, resources, and decision-making are aligned with business priorities. Organizations can regularly monitor and supervise projects to ensure that they are continuing to create value and are progressing towards strategic goals.

Applying project governance to an organization and defining the roles within project governance can help in better decision-making, minimizing project risk, increasing accountability, and improving project delivery.

Why Does Project Governance Matter?

Strategic Alignment

One of the most important values project governance brings to a project is supporting a project in a manner that is aligned to the organization's strategy and business goals. Good governance creates oversight to ensure projects add value and enables decision-making to prioritize projects that add to long-term growth and success. There are many principles of project governance that focus on bringing about project results that support strategic objectives, thus delivering business benefits.

Improved Decision-Making

A clear decision-making structure, level of authorities, and escalation procedure are termed “strong project governance.” This provides stakeholders with timely and accurate information and performance data so they can make informed decisions. By following the principles of project governance, organizations can reduce uncertainty, boost accountability, and improve project-related decision consistency.

Better Resource Allocation

There may be constraints on resources—such as budgets, staff, technology, and time. Project governance supports organizations to utilize these effectively by providing visibility in the following areas: project priorities, project risks, and project expected outcomes. Governance frameworks help to support resources for initiatives that deliver the best strategic value and reduce waste and duplication.

Project Governance, in conclusion, is important because it ensures transparency, accountability, and control in the project's life cycle. Implementing project governance principles will enhance the performance of a project, minimize risks, and improve project success.

What are the core principles of project governance?

Effective oversight, decision and project control are based upon the Principles of Project Governance. These principles are applied to assist organisations to ensure that projects are on schedule, on target and on track to achieve the desired results.

Accountability

Project Governance is an important part; accountability is one of them. The roles, responsibilities, and level of authority of all stakeholders must be clearly established. This will assist in assigning the right decisions to the appropriate parties and keeping track of the project's effectiveness.

Transparency

Transparency generates a project attitude of openness in each and every aspect. Ensuring that stakeholders are informed and can make decisions throughout the project and in a timely fashion and with trust is key to project governance and requires accurate reporting, proper documentation and timely information sharing.

Responsibility

Responsibilities are known and fulfilled by the project's participants. The establishment of a clear sense of ownership for tasks, risks and deliverables is one of the principles of project governance.

Stakeholder Engagement

Engaging stakeholders is crucial to successful projects. Good Project Governance enables frequent communication, cooperation and feedback between the project stakeholders to ensure understanding of expectations and ensure the project goals remain in line with business needs.

Continuous Oversight

Ongoing monitoring allows companies to monitor progress, pinpoint potential dangers, and fix problems before they turn into serious issues. Project Governance enables an ongoing control and enhancement process through regular review, performance monitoring, and governance meetings during the project lifecycle.

These Principles of Project Governance enable organisations to enhance accountability, decision-making, and confidence of stakeholders and improve the success rate of projects.

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What are the Three Pillars of Project Governance?

Effective Project Governance and control are built on the three pillars of Project Governance. These pillars enable organizations to set clear authority, facilitate informed decision-making, and keep projects on track to align with strategic goals. Effective project governance is rooted in an effective blend of people, structure, and information to achieve successful outcomes.

Structure

Governance is the act of governing, ruling, or managing, which involves a structure. These include reporting lines, decision-making structures, policies and procedures, and governance committees. Decision-making is consistent, and responsibilities are well defined via effective project governance structures. A clear structure also helps to ensure accountability and effective project management.

People

Successful project governance is all about people. Project sponsors, steering committees, Project Managers, PMO teams, and key stakeholders are part of this pillar. A specific role within the project to lead, monitor, or accompany the project activities is assigned to each participant. Responsibilities are clear, and effective team working and governance processes work well and contribute to project outcomes.

Information

In order to be good, governance must be based on timely and accurate information. This pillar is on project reporting performance indicators, Risk Assessments, financial information, and stakeholder communications. Good information can support the leaders to monitor the health of the project, to make decisions and to respond quickly to new issues. No matter how good the project governance structure is, if the project doesn't have quality information, it is at risk of failing to achieve the expected benefits.

The three pillars of project governance complement each other and provide a well-rounded project governance approach that increases accountability, transparency, and project performance throughout a project's lifecycle.

What are the Key Components of Project Governance?

There are several components that are interdependent and collectively make up a system of governance. These are collectively the framework, governance and governance control that make projects successful.

Governance Framework

A governance structure provides a basis for decision-making and accountability. Defines reporting, approvals, escalations and authorities. Project Governance Frameworks are designed to be consistent over projects and to help align with organisational objectives and strategic priorities.

Governance Board

The project governance board is responsible for providing strategic direction and oversight for a project's life cycle. Typically made up of sponsors, senior executives and key stakeholders, the board monitors progress, approves major changes, resolves escalated issues and ensures that project outcomes are aligned with business goals. Its involvement helps to be held accountable and to informed decision-making.

Policies and Procedures

Guidelines for project work are provided through policies and procedures. These comprise risk management guidelines, reporting requirements, change control processes, compliance measures and communication protocols. Documentation helps to establish consistency, avoids ambiguities and ensures teams execute approved practices.

Performance Monitoring

Performance monitoring will make sure there is measurement of progress in relation to agreed targets, budgets, timetables and quality standards. Regular Reviews of progress, status and key performance indicators (KPIs) provide visibility of project health and highlight corrective areas. Regular monitoring allows timely interventions and facilitates good governance processes.

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Types of Project Governance Models

There are different Project Governance Models based on the size, structure, industry, and complexity of the projects. The selection of the appropriate model provides clear decision-making processes and helps projects stay on track with business objectives.

Centralised Governance Model

In a traditional, centralised approach, a central team (PMO, executive board, or governance committee) typically makes significant decisions. This guarantees a high level of control, standards, and accountability. It is frequently used in regulated industries such as risk management, where compliance and adherence to regulations are crucial.

Decentralised Governance Model

A decentralized model is established when each department or project team has its own power to make decisions. This allows for speedy response and flexibility. Without clarity of standards of governance, however, it is difficult to achieve consistency between projects.

Federated Governance Model

The federated model is a combination of central/regional supervision and local autonomy. Strategic decisions continue to be made at the center, with operational decisions taken by project teams. A lot of big organizations prefer this due to the fact that it provides a balance of control and flexibility.

Hybrid Governance Model

A hybrid model is a combination of multiple governance models. For example, the more prominent projects are more dependent upon one another, and the less prominent ones can be monitored easily. This model is more and more applied to organizations trying to customize governance approaches to various project contexts.

It is not a "one size fits all" type of solution. The organization's needs, risk appetite, and level of control required across the project portfolio will dictate which is the best model to use.

Comparison of Project Governance Frameworks

Structured frameworks for oversight, accountability, and decision-making in the life cycle of a project.

The framework is chosen according to the requirements of the project, organizational context, and industry regulations. PMBOK and PRINCE2 are used in structured delivery environments; Agile Governance can be used within an iterative project; COBIT is useful for tech-driven organizations.

How Does Project Governance Reduce Failure Rates?

Many projects fail because risks are not considered, decisions are deferred, problems are never resolved before the project, and so forth. These are prevented by developing clear oversight and accountability throughout the project lifecycle with strong project governance.

Risk Identification

One of the advantages of governance is the early warning of risks. Teams conduct periodic checks, report progress, and evaluate performance to head off any potential problems before they affect project results. This allows organizations to take any remedial actions before the risks escalate.

Escalation Procedures

Some problems can occur in projects that are not possible to solve with the team. Escalation procedures are transparent, and issues reported to relevant persons are prompt. Straightforward approval processes reduce confusion and possible delays that could impact budgets, timing, and deliveries.

Better Decision Control

A lack of decision-making skills can often be a reason for project failure. Well-structured project governance frameworks provide decision authority and outline required information and how it will be approved. This will give uniformity and reduce the potential for expensive mistakes.

Work projects don't frequently fail from one problem. Most often, failures are caused by a succession of unsolved issues. Governance provides transparency, controls and resolves issues early, and provides direction and alignment of projects.

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What are the Project Governance Roles & Responsibilities?

There are specific roles to be fulfilled for governance to be effective. Project governance roles are in place and recognised as roles to ensure accountability, support decision-making, and ensure projects are aligned with the organization's goals.

Project Sponsor

The project sponsor gives direction and identifies resources necessary to achieve the project's success. They approve key decisions, are able to solve high-level problems, and ensure that the project continues to provide business value.

Steering Committee

The steering committee acts as a means for project supervision and direction throughout the life of the project. Its members give feedback on progress, risk, major changes and help to reduce risk to the project delivery.

PMO

Project Management Office (PMO) establishes standards, methodologies, and reporting. It enables consistency throughout projects, checks the performance and ensures adherence to the organizational policy. In many organisations, the success of Project Governance practices is dependent on the PMO.

Project Manager

The project manager will carry out the project on a day-to-day basis. They plan activities, manage resources, monitor progress, manage risks and communicate with stakeholders. They also guarantee that governance bodies are kept updated regularly and issues flagged accordingly.

Stakeholders

Stakeholders are people and/or groups that are impacted by the project. They provide requirements, feedback, and business insights to influence project decisions. The greater the stakeholder involvement, the more effective the communication can be, and therefore, the more likely that it will achieve stakeholder expectations.

Clarifying responsibilities makes decision-making quicker and accountability more effective and enables project staff to concentrate on achieving results instead of working out ownership issues.

Types of Frameworks & How to Build a Governance Structure

PMBOK Governance

Monitoring for performance, risk, stakeholder engagement, and change control are all processes in which governance is included in PMBOK. It's typically used in traditional project settings that are organised and require formal reporting.

PRINCE2 Governance

PRINCE2 is structured as a series of stages and has well-defined decision points and responsibilities. It's about business sense, accountability and control over the development of a project.

Agile Governance

Agile governance is about having control and flexibility. Decision-making is delegated, there are fewer teams, and they are more autonomous, and there are more feedback loops and less documentation.

Governance Design Steps

State governance objectives and the decision-making process.

• Identify sponsors, committees, and key stakeholders.

• Make reporting and communication systems in place.

• Set up an escalation and approval process.

• Establish performance indicators and review schedules.

A governance framework should be effective and appropriate to the size, scale and risk profile of a project.

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What are the benefits of good project management?

Increased Project Success

• Gives clear direction and authority to make decisions during the life of the project.

• Reduces role, responsibility and accountability confusion.

• Supports the detection of risks and issues before they become a real problem.

• Improves the performance of the schedule, budget and quality.

• Increases the chances of successfully reaching the project goals and desired results.

Improved Compliance

• Carries out and records projects according to organisational guidelines and procedures.

• Compliant with legal, regulatory and industry demands.

• Establishes uniform systems of approvals, reporting and risk management.

• Increases documentation and audit readiness.

• Reduces risk of governance violations/compliance issues.

Stronger Stakeholder Confidence

• Communicates and reports regularly, creating transparency.

• Provides visibility of project progress and performance to all involved.

• Establishes and sustains trust, consistent decision-making, and accountability.

• Shows evidence of effective use of resources.

• Promotes stakeholder involvement and support in the project.

The other elements of Project Governance.

• Improves project-to-program resource allocation.

• Enables rapid solutions to problems as escalation paths are clearly defined.

• Helps to achieve strategic alignment with business goals.

• Enhances team, project and leadership collaboration.

• Develops an environment that supports continuous improvement.

Effective Project Governance is the way that organisations can deliver projects more predictably, stay in control, hold all parties accountable and gain the trust of stakeholders.

Program Governance vs Project Governance: What are the Differences?

How to Implement a Project Governance Framework: Steps to Success?

Define Objectives

Explicitly define the purpose of the governance structure, such as strategic alignment, accountability, risk management and performance oversight.

Establish Roles

Delegate to sponsors, steering committees, project managers, PMOs, and stakeholders. A clear ownership structure ensures that there is no confusion about who is responsible for what, and it makes decision-making easier.

Create Governance Processes

Develop approval procedures, reporting requirements, communication procedures, escalations, change control procedures, etc. A key to effective project governance frameworks is consistent and documented processes.

Monitor Performance

Track progress with KPIs, status reports, risk register meetings, and reviews. Frequent monitoring can detect problems at an early stage and aid in decision-making.

Implementation doesn't need to be complicated, but it should be. The most appropriate project governance arrangements are those that are appropriate for the size and nature of the organisation, the nature of the project and are practical for the project team to apply.

What Does the Project Governance Agent Do?

Governance Automation

A Project Governance Agent can help automate common governance activities which would otherwise be manual. It can monitor approvals, streamline workflows, provide reminders and keep documentation organised, and ensure that a consistent governance process is adhered to across the project.

Monitoring Compliance

The agent is constantly tracking the project activities to ensure they are in alignment with the policies, procedures and reporting requirements. It helps identify any variance from approved processes, identifies potential compliance issues and provides early warning when governance is not being met. This helps to ensure accountability and enhances the whole of Project Governance (PoG) practices.

Reporting and Escalation

Perhaps one of the most important things a governance agent can do is to release up to the minute view of project performance. It can generate status reports, track critical metrics, manage risks and pinpoint problems that require resolution. The agent can automatically escalate concerns to the relevant decision-makers as per Project Governance Roles assigned when predefined thresholds are exceeded.

 What are the challenges & solutions in Project Governance?

• When responsibilities and accountability are not clearly defined, people become confused, duplicate efforts, and get decisions delayed. A clear definition of project governance roles helps to remove ownership conflicts and enhance accountability.

• Governance is sometimes seen as a waste and a hindrance to project delivery. Including stakeholders at the beginning of the process and communicating the benefits of governance will reduce opposition and encourage uptake.

• Lack of communication can cause misunderstandings and unmet expectations between sponsors, project teams, and decision-makers. Regular communication and reporting can help ensure that everyone is on the same page.

• The interactions between the processes vary across projects, which makes it difficult to keep track of activities and to measure performance. Regular and clear governance arrangements.

• The escalation of issues can pose risks to the project and cause unnecessary issues if it is not taken care of quickly. Having clear lines of escalation means that concerns are made to the appropriate persons at the appropriate time.

• The decision-making process can be sub-optimal, and support can be lacking if not enough stakeholders are involved. Governance is effective, participation is encouraged, and feedback is regular and improves project results.

• A balance between oversight and flexibility is key to successful Project Governance. Excessive control can hinder progress, and insufficient control can lead to greater risk and less accountability.

What are good practices in project management for successful project management?

• Define at the beginning of the project roles, responsibilities, and decision-making authority. Confusion is reduced and resolution time is sped up if there is proper accountability.

• Establish regular processes for approvals, reporting, risk management, and change control. Project implementation with effective teamwork and monitoring during the project life cycle by adhering to consistent practices.

• Carry out regular governance reviews to evaluate project performance, recognise new risks, and confirm project performance is aligned to business objectives. Regular checks ensure timely action is taken and problems don't become major issues.

• Maintain a line of communication with sponsors, project managers, stakeholders, and governance. Transparency of information helps enhance decisions and helps establish trust.

• Utilise appropriate performance measures to track progress, budgets, quality, and risk exposure. Having reliable data will help you to have visibility and make informed decisions.

• Invite stakeholders to be engaged during the life cycle of the project. Engagement is enhanced by active involvement, and expectations are understood and dealt with appropriately.

• Seek to continuously improve by reflecting on what has happened, revising governance processes and adjusting processes as needed. One of the project governance principles is its fit for the organisation and project complexity.

• Keep governance practical. Excessive controls can hamper delivery, and insufficient controls can increase the risks of a project.

Project Governance Examples

Construction Project

A city council that is planning a $50 million project to build a bridge could set up a steering committee, appoint a project sponsor, and establish monthly check-ins on the project. The rules for budget approvals, safety compliance checks and contractor performance evaluations are set in advance. This allows for better control of costs, less risk, and regulatory compliance.

IT Transformation Project

A new core banking system in a global bank typically has a formal governance structure to govern technology investments. Executive sponsors provide oversight over project milestones and scope changes and oversee cybersecurity risks. Implementation is reviewed in the governance process to make sure that implementation is aligned with the business goal and is least disruptive to operations.

Agile Software Development Project

For the software company, the agile governance practices can be adopted by a software company that is developing a mobile application for its customers. Sprint reviews and prioritisation meetings are attended by product owners, Scrum Masters, and stakeholders. There is not a lot of documentation, but there is regular feedback, transparent reporting, and swift decision-making. This will enable teams to agilely address evolving customer needs and remain accountable.

How to Set Up a Custom Project Governance Structure?

Small Business Projects

Simple governance structures are typical of small businesses. An owner or sponsor of the business can be responsible for making important decisions, and a project manager can be responsible for day-to-day activities. Reporting should be very simple, and only the budget, timeframes, and key risks should be reported.

Enterprise Projects

More formal governance arrangements are usually needed in large organisations. This may include steering committees, executive sponsors, PMOs, and stage gate reviews. Clear processes and paths for reporting and escalating help manage complexity and alignment to strategic objectives. Many organisations have a bespoke version of one of the Project Governance Frameworks to provide consistency across projects.

Multi-Vendor Projects

Projects with multiple vendors: More coordination and oversight. Governance structures should include well-defined responsibilities, communication procedures, methods for managing contracts, and dispute resolution processes. A review meeting is held regularly to make sure everyone is on the same page as far as objectives, deliverables, and expectations.

There is no single governance structure that is appropriate for all projects. This will vary according to the scale of the project, risk level, stakeholder, and organisational requirements. The different Project Governance Models can be adapted to provide a suitable degree of control, accountability, and flexibility, not over-complicated.

What are the Project Governance Tools & Technologies?

Microsoft Project

Microsoft Project is a program that can be used to plan, schedule, resource, and budget projects and track progress. It's commonly employed to handle intricate projects that need thorough planning and reporting.

Jira

Jira is a widely used software for software development teams and agile teams. It can be used for sprint planning, issue management, workflow management, and collaboration to help monitor project activities and team performance.

Asana

Asana provides task management, task tracking, and workflow automation. Having a centralized workspace is useful for teams to assign tasks, set due dates and improve communication.

Monday.com

Customizable dashboards, workflow automation, and real-time collaboration tools are available with Monday.com. Helps organizations to manage jobs, track deliveries, and maintain transparency between teams.

Power BI

Project data is turned into interactive reports and dashboards with Power BI. It enables managers and stakeholders to view performance data and trends and make informed decisions based on data.

FAQs on Project Governance

1. What are the 3 pillars of project governance?

The 3 pillars are: Structure, People and Information. As a group, they provide an overview, accountability and informed decision-making for a project.

2. What is the purpose of project governance?

It is used to ensure projects remain aligned with the business, there is clear accountability for decisions and outcomes, and project risks are effectively managed.

3. What's the difference between governance and project management?

Governance is about oversight and strategic direction; project management is about planning, doing and daily delivery activities.

4. What is Governance's role for PMO?

The PMO establishes standards, monitors compliance, ensures reporting and adds consistency to projects.

5. What is good Project Governance?

It is inclusive with clear roles, transparent decision-making, regular review, effective risk management and involvement of stakeholders.

6. What is a governance structure for a project?

A governance framework is a structure, processes, roles and controls that will be used to manage the project's governance.

7. How to establish the PMP exam preparation governance?

Be aware of roles, responsibilities of stakeholders, approvals, escalation procedure and tracking of achievement.

8. At what point in a project should a project governance model be set up?

Governance needs to be established at project start-up, before making major decisions, planning, or commitments of resources.

9. In Agile, what are the options for project governance?

By using lightweight controls, sprint reviews, stakeholder engagement, regular performance checks, and holding people accountable.

10. Examples of project governance frameworks?

Some examples are PMBOK, PRINCE2, Agile Governance, COBIT and organisational PMO frameworks.

11. What is the difference between Corporate Governance and Project Governance?

Corporate governance is related to the overall organisation, and project governance is related to specific projects. They both coordinate and support strategic objectives.

12. What is the involvement of the project sponsor in governance?

Sponsors guide, approve major decisions, allocate resources and resolve escalated issues. When the sponsor is disengaged, it can slow down decision-making and project support.

13. What are some of the typical governance problems?

Common pitfalls include lack of accountability, poor leadership, slow decision-making, lack of communication, and inadequate stakeholder involvement.

14. What is the difference in Governance between the 5 process groups?

Governance is related to approvals in Initiating, planning controls in Planning, oversight in Executing, performance monitoring in Monitoring & Controlling and benefit evaluation in Closing.

15. What are the KPIs that Governance should monitor?

Schedule, budget variance, risk exposure, quality measures, stakeholder satisfaction and benefits realisation are typical indicators that are monitored.

16. What are the governance issues of multi-vendor projects?

It sets up shared roles, processes, contract management and escalation amongst the participating organisations.

17. How are Governance and Risk Management related?

Governance has oversight of overall risks; project teams manage daily risks. The governance bodies are generally consulted in high-impact risk decisions.

18. How do conflicts of governance get dealt with?

Clearly defined decision-making power, escalation protocols and documented responsibilities can help resolve sponsor/PMO/steering committee disagreements.

19. What paperwork is crucial?

Project charters, governance plan, RACI matrix, decision log, risk register, and status reports are all critical elements to ensure effective oversight.

20. What are the governance audit/review processes?

Through Governance review, compliance checks and Independent Project Reviews (IPRs), which are a project health and accountability check using standards defined.

Conclusion: Enabling Projects to have Good Governance

Project Governance is the difference between success and failure, when you're working on a small project in your organisation or a large enterprise transformation. Projects will remain on track and provide value through accountability, decision-making processes, oversight and alignment of stakeholders. In an increasingly complex world, governance is getting to be adaptive, data-driven and technology-enabled. The new Project Governance frameworks are no longer simply a set of controls, but are about facilitating better decision-making and faster delivery. Having a solid foundation of project governance, your projects will ride out the storm and provide long-lasting business outcomes.