This subject covers the creation and implementation of the organisational objectives, policies, practices and systems that are responsible for ensuring organisational resources are utilised effectively and the work of the organisation is aligned with its strategy and objectives. The concepts outlined in these papers are consistent with ISO 21505 Project, programme and portfolio management - Guidance on governance and ISO/IEC 38500:2010 Corporate governance of information technology.
- The Function of Governance and Governing
- Governance and Stakeholders
- Governance systems
- Governing the organisation's Project Delivery Capability (PDC)
- Governance failure
- Differentiating Governance and Management
- Useful external web-links
Other related sections of the PMKI:
- For more on project/program selection and prioritisation
see Portfolio Management.
The Function of Governance and Governing: The structuring and oversight of the organisation’s governance systems and capabilities.
Governance failure: The consequences of poor governance is poor management leading to loss of value.
Differentiating Governance and Management: The key difference between management and governance: Governance sets the rules and objectives, management works within the 'rules' to achieve the objectives.