buss5387 project governance and ethics success of a project

Assessment Topic: Why is Project Governance Critical to the Success of a Project? Background to the Assessment In a paper presented at PMI Global Congress 2015 – North America, Salina Alie stated the following: Establishing project governance is not a simple task. Significant investment needs to be made when embarking on a new project. It is often challenging to quantify what the benefits are when it comes to investing in the creation of the project governance framework. The following are four key benefits of project governance: Single point accountability; Outline roles, responsibilities and relationships among project stakeholders; Issue management and resolution; and Information dissemination and transparent communication.

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