The document discusses principles of effective project governance including having the right people on governing bodies with diverse perspectives, integrated planning, expert change control, adaptable progress reporting, and ensuring projects align with business strategy. It defines efficiency as maximizing output for inputs and effectiveness as achieving goals. Good governance addresses decision rights and accountability. Transparency and accountability are important for good governance as they help ensure authorities can be held responsible for their actions and improve trust within project teams.

2. Project Governance

3. Effective Project Governance
• Ensure Your Project Governance Across All Your Project is
As Effective As Possible. With Fully Configurable & Fully
Automated Project Governance Frameworks
• Having the right mix of people and skills on a governing
body should help it to be more effective. An effective
board will have members who bring multiple
perspectives, who debate issues robustly, and who then
speak with unity of voice and message about the
decisions made.

4. Efficiency and Effectiveness
❑ Efficiency
Efficiency is a measure of how well or productively resources are
used to achieve a goal. It is related to lowering resource waste
“Doing things right” , Getting the most output for the least
inputs.
❑ Effectiveness
Effectiveness is a measure of the appropriateness of the goals an
organization is pursuing and of the degree to which the
organization achieves those goals. “Doing the right things” It is
related to Attaining organizational goals

5. Good Governance
• Good project governance is the secret weapon of effective
project-based organizations. A key element of project
governance addresses how decision rights and accountabilities
are disseminated and assigned between the project team and
executives.
• Poor governance can put the organization at risk of commercial
failure, pecuniary and regulatory problems, or allow the
organization to lose sight of its objectives and responsibilities to
its stakeholder, who benefit from its success.

6. Good Governance

7. Five Principles of Good Governance
a. Integrated planning: ensuring projects are well planned will be
the foundation for progress reporting, but can also hardwire the
discipline of talking to other work streams and projects
by integrating plans and tracking dependencies
b. Expert change control: inevitably your programme won’t operate
in a vacuum and will have to adapt to the changing external
environment, technical issues and moving user requirements.
Therefore providing clear boundaries as to when to approach
sponsors, escalate concerns or get change approved in considered
process is essential

8. Five Principles of Good Governance
c. Adaptable progress reporting: it is visibility that will give the
programme team and the organization a sense of control.
Standardization and automation of reporting is good but having
centralised ownership through a PMO will give consistency whilst
providing a hub of information creating insight, foresight and
flexibility in reporting
d. Proactive risk management: more than just stage gate
compliance, the programme needs to establish a strong culture of
identifying, reporting and tracking risks and issues in a way which
crosses project and work stream boundaries and creates practical
mitigations

9. Five Principles of Good Governance
e. Business strategic fit: at a portfolio level programmes and
projects should be prioritized to align to strategic business
objectives. However once in flight, particularly larger projects,
should continue to regularly check back to organizational priorities
to ensure that the benefits and outcomes being pursued are still
relevant

10. Accountability -Good Governance
Accountability, in terms of ethics and governance, is equated with
answerability, blameworthiness, liability, and the expectation of
account-giving. As in an aspect of governance, it has been central to
discussions related to problems in the public sector, nonprofit and
private (corporate) and individual contexts.
Accountability eliminates the time and effort you spend on
distracting activities and other unproductive behavior. When you
make people accountable for their actions, you're effectively
teaching them to value their work. When done right, accountability
can increase your team members' skills and confidence.

11. Transparency -Good Governance
Transparency ensures that information is available that can be used
to measure the authorities' performance and to guard against any
possible misuse of powers. In that sense, transparency serves to
achieve accountability, which means that authorities can be held
responsible for their actions.

12. Why Transparency is important
In project management, information is not readily accessible to
everyone and is on a need-to-know basis. The project manager and
key stakeholders are the ones with access to all the information.
This lack of transparency can cause distrust and resentment among
team members.
• To build trust and teamwork
• To keep work on track
• To improve team productivity

13. Transparency

14. Q & A