Project Oversight for Executives

The keys to good project governance are well-defined decision rights and information flow - top traits linked to project success - while poor project governance is the main cause of project failure.

No governance role is more important to project performance than the project sponsor. Much like the board of directors provides oversight for an organization, a project board or steering committee provides oversight for a project. The project sponsor leads the board and uses the project’s business case to define boundaries for the project manager to improve project outcomes.

This program examines how project boards, advisory groups, working groups and project teams work together to deliver results. You’ll learn the purpose of each group, who belongs in them, their roles and responsibilities. You’ll learn how to select the right sponsor for every project, and how a great project sponsor successfully guides the project manager to deliver the project’s value.

This program also explores how to scale and flex the governance model to accommodate projects of varying size and risk. Using real-world examples, and drawing on your own experiences, you’ll learn what works and what common pitfalls to avoid.

Benefits

Through this program, you will:

• Understand the difference between project governance and project management, the boundaries between the two, and how they work together
• Explore the principles of project governance and how it drives project success
• Understand the roles and responsibilities of those involved in project governance
• Learn how to create an effective governance framework, tailored to fit project size and risk
• Discover the importance of the project sponsor, how to select a sponsor, and how to be an effective sponsor

Who should attend?

This program is directly relevant to executives and business managers who:

• Sponsor projects and want those projects to deliver value for money
• Make high-level, strategic decisions about projects and their funding
• Are involved with project boards, steering committees, advisory groups, and working groups
• Are responsible for establishing or improving their organization’s project oversight function
• Want to improve their organization’s success rate for project delivery

This program will also interest project managers who wish to understand the executive and governance perspectives.

Professional Development Units (PDUs)

Completion of this program qualifies for 14 Project Management Institute (PMI) Professional Development Units (PDUs). This program is not suitable if you’re seeking Contact Hours prior to writing your PMP exam.