2. Introduction
● Asking questions to
project workers
● Listening their problems
● Identification of all the
shortcomings
● Taking decisions
● More budget or resource
allocation
3 steps of project governance
(Source: projectmanager, 2018)
3. Aims
● Understand
timely needs of
a project
● Mitigation of
issues
Work procedure of project
governance
(Source: Wills, 2016)
4. Discussion on the requirement of
project governance
● Substitute plans
● Interruption free
project
● Proper outcome of a
project
Structure of governance
(Source: finance-ni, 2018)
5. Consequences of improper
governance
● Huge monetary loss
(Loch, Mähring &
Sommer, 2018)
● Lack of motivation
● Hindrance to future
recommendations
Basics of project management
(Source: Rosenberg, 2017)
6. Lack of budget and resources
● Shortage of
resources
● Pause to a project
● Improper vision in
base level
employees
● Lack of budget
● Scarcity of skilled
employees
Questions of project governance
(Source: Sirisomboonsuk et al. 2018)
7. Other issues
● Poor teamwork
● Communication issues
● Improper mission,
vision (Sirisomboonsuk
et al. 2018)
● Poorly set deadlines
● Employee turnover
Structure of project management
(Source: Sirisomboonsuk et al. 2018)
8. Ways of issue mitigation through
supervision
● Survey on employees
● Weekly or monthly
meeting with leaders
(Stafford & Stapleton,
2018)
● Direct discussion with
department heads for
individual opinions Structure of governance
(Source: Wills, 2016_
9. Importance of doubt clearing of
workers
● Increase of
efficiency
● Clear perception of a
technology
● Practical
demonstration can
grow interest in
workers Basics of project management
(Source: Rosenberg, 2017)
10. Survey and meetings for proper
governance
● Meeting with department
head can identify specific
flaw
● Identification of workers’
needs
● Identification of technical
and financial needs
Project map
(Source: finance-ni, 2018)
11. Identification of improvement areas
● Efficient leaders
● Free communication among
workers
● Developing clear mission,
vision and goals
● Motivating employees by
giving rewards
● Developing individual
policies and setting
regulations
Organization structure
(Source: Stafford & Stapleton, 2017)
12. Importance of setting alternate plans
to complete a project
● Money saving plans
● Implementation of
modern and updated
technologies
● Hiring efficient
employees Work procedure of project
governance
(Source: Wills, 2016)
13. Motivating the workers
● Providing rewards
● Extra pay for extra
work
● Fixed weekly off
● Policies to make the
employees more
efficient
Communication process
(Source: Wills, 2016)
14. Identification of safety requirements
● Medical policies
● Updated systems and
harness
● Clear terms and
conditions
● Clear company
policies
Project structure
(Source: Stafford & Stapleton, 2017)
15. Setting regulations and other policies
for workers
● Clear guidelines
● Individual rules for all
employees
● Same consequences for
rule breaking
● Individual pay structure
for equally qualified
employees
Governance structure
(Source: Stafford & Stapleton, 2017)
16. Conclusion
● Proper monitoring
● Supplying required resources
● Guiding project workers
● Installing modern and updated
technologies
● Setting individual rules and
guidelines
● Project Management Assignments
are being prepared by our
management assignment help experts
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Business structure
(Source: Wills, 2016)
17. Reference list
• Lange, M., Page, G., & Cummins, V. (2018). Governance challenges of
marine renewable energy developments in the US–Creating the enabling
conditions for successful project development. Marine Policy, 90, 37-46.
• Loch, C., Mähring, M., & Sommer, S. (2017). Supervising projects you don’t
(fully) understand: Lessons for effective project governance by steering
committees. California Management Review, 59(2), 45-67.
• Rosenberg, J. (2017). More than a question of agency: Privatized project
implementation, accountabilities, and global environmental
governance. Review of Policy Research, 34(1), 10-30.
• Sirisomboonsuk, P., Gu, V. C., Cao, R. Q., & Burns, J. R. (2018).
Relationships between project governance and information technology
governance and their impact on project performance. International
Journal of Project Management, 36(2), 287-300.
• Stafford, A., & Stapleton, P. (2017). Examining the Use of Corporate
Governance Mechanisms in Public–Private Partnerships: Why Do They Not
Deliver Public Accountability?. Australian Journal of Public
Administration, 76(3), 378-391.
Editor's Notes
A project needs proper supervision to identify all sorts of flaws made by the project workers. Governance is also required to guide the workers in right direction and set alternate plans. Proper governance can identify such gaps and help a project to carry on its progress.
Oversight of project management needs highly qualified project managers who had the ability to understand its shortcomings.
As per the opinions of Lange, Page & Cummins (2018), it can be stated that a project on progress is assumed to face multiple issues.
There are a number of examples of flop projects, HP touchpad 2011, Amazon Fire Phone 2012 to name a few, improper governance is the main reason behind those big flops. It is true that huge amount of loss and employee turnover are the direct result of it. Additionally, it regulates the growth and creates a negative brand image of a company
These shortcomings can regulate the progress of a project.
Rosenberg (2017) opined that these issues can be solved by proper project governance. Employee turnover is a threat to a company itself as company losses efficient employees. Therefore, a project manager needs to satisfy their employees by supplying the items required by them.
Project heads can have overall knowledge with the help of this meetings and discussions.
Practical training can help workers work more efficiently.
Proper governance can be implemented only if proper communication between all the workers and management is possible.
Management committee of a project will be able to monitor and control the progress of a project in case these improvements can be brought to focus.
These governance plans will help to keep a project on progress in spite of any outside forces. It is true that the technologies can save huge amount of money and efficient workers can complete project within time.
Project managers of present time prefer monetary and nonmonetary rewards to motivate their employees and make them more involved. Low budget projects take non monetary rewards and give more weekly offs and security policies to them.
In the constructional projects employees mainly prefer medical policies proper installation of technologies. In other general projects, employees prefer, clear terms and conditions so that they can get their savings easily after the completion of a project.
These guidelines are helpful to regulate the rate of employee turnover and make get a number of satisfied employees.
It can be concluded that a project manager needs to employ a number of supervisors so that compact report of a project can be submitted to project head. In addition to this, needs of the employees need to be given more emphasis to increase the number of satisfied employees.