This section of the PMKI focuses on the way organizations
interface with and benefit from project, program and
portfolio management, including both a general management
and a governance perspective.
The interlinked functions involved in running an organization can be considered as:
Organizational Politics. This is the process of
engaging with others to create an advantage. In business,
politics is closely aligned with stakeholder engagement
and involves influencing others to assist you achieve your
objectives. This is an essential enabler for the other
functions and should be done ethically.
See more on stakeholder
engagement.
Governance. This is the process of steering an organization (or country) towards achieving the objectives defined by the governing body. The objectives define both the outcomes required and how these will be achieved. The organization's strategy is the way this information is communicated to management. See below.
Management. This is the people (noun) and processes (verb) used to implement the organizations strategy to achieve is objectives. It involves planning, organizing and controlling the use of resources. See below.
Administration. This is a supporting function to both management and governance that looks after the implementation of due process, recording of information, archiving, reporting, and similar functions. The work of administration is directed by the policies, procedures and guidelines created by management, within the overall governance framework.
The Governance Challenge. The major challenge is
to achieve the organization's governance objectives
efficiently. All business systems over time:
- Grow in size, complexity, and people
- Become more bureaucratic and rigid
- Cost more to operate, and
- Deliver less value.
While there are understandable reasons for these trends, good governance is good business and both governance systems and management systems need to be lean, agile and fit for purpose.
