Lean governance accelerates oversight and decision-making without adding bureaucracy.
Accelerate Governance by involving the right people to make good decisions using the quality information at the right time.
We can help you implement your Project Governance:
Assemble the right decision makers into your Governance Team with the appropriate level of authority and breadth of perspective to make decisions. Identifying which people make certain decisions is part of having the right people for project portfolio governance.
Deliver organizational value through strong portfolio management is about making trade-offs, which means not everything can get done. Good strategic decisions include accepting, rejecting project proposals, recycling project ideas for more work, placing work on-hold, and canceling projects in-progress. Deciding “no” is the critical success factor for project portfolio governance and governance teams.
The right decision makers need the right portfolio data, and good governance includes the processes for collecting that quality data in a timely way.
Governance needs to meet on the right cadence to address portfolio decisions. Project approvals, prioritization, project status reviews, and resource capacity planning, all need to be conducted on a consistent integrated cadence to properly manage the project portfolio.