Governance includes the organization, roles, decision-making bodies (project/steering committees), tools and processes for effective project management
Project Governance
The governance of a project encompasses all the processes, rules, and organizational structures aimed at effectively directing, supervising, and managing the project. This includes defining objectives, assigning responsibilities, managing risks, communicating between stakeholders, as well as incorporating steering bodies such as project and steering committees. These bodies provide strategic oversight, resource allocation, and decision-making to ensure alignment of the project with the organization’s overall objectives.
