Project Governance Commandments

1. The Board and management have the responsibility for governance of projects
2. Defined should be the roles, responsibilities and performance criteria for the governance of project management
3. Monitored governance arrangements, together with appropriate methods and controls, are used throughout the project life cycle
4. An alignment and cooperation exists between the business strategy and the project portfolio
5. All projects have approved plans, with authorization points to review and approve.
6. Authorization bodies are representative, competence, with authority and resources to enable them to make appropriate decisions
7. The project business case is supported by relevant and accurate data, sufficient to support an authorization decisions
8. Projects undergo an independent scrutiny as needed
9. Project progress and status are reported uniformly to facilitate the escalation of risks and issues to the levels required by the organization
10. A culture of improvement and of frank internal disclosure of project information is promoted
11. Project stakeholders are engaged at a level that is commensurate with their importance to the organization and in a manner that fosters trust.