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What is the overall aim of project governance? Explain the principles of the governance of project...

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Accounting

What is the overall aim of project governance? Explain theprinciples of the governance of project management that would helpavoid common causes of project failure

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Hi There Here is my View on the topic asked Project governance Projects are embedded within an organizational context Within organizations governance of projects concerns the areas of governance that are specifically related to project activities In fact projects and project management coexist within the corporate governance framework and therefore refers to the processes systems and regulations that must be put in place to ensure that projects are successful and create value for the organization To this end project governance supports an organization in aligning its project objectives with its organizational strategy achieving set project objectives and monitoring performance Project governance keeps projects running smoothly on budget with timely deliveries and client satisfaction To do this consistently there needs to be an overall framework that oversees the project Project Govrnance covers all the aspects of Policies Regulations Functions Processes Procedures Responsibilities 1 Aim of Project Governance i Determining the project organization ethics Ethics has developed into an important topic for organizations and their governance Ethics are based on morals and values and define the rules or standards governing the conduct of people within    See Answer
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