Title:PACKAGE DEAL: Governance of Portfolios, Programs, and Projects & Organizational Enablers for Project Governance
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Detailed Description:Governance of Portfolios, Programs, and Projects: A Practice Guide

Understanding governance as it applies to portfolios, programs, and projects is growing in importance to organizations, because appropriate governance is a factor in the success or failure of strategic initiatives and portfolios, as well as an organization’s programs and projects.

Implementing an effective governance framework can be challenging due to factors such as increasing business complexities, regulatory requirements, globalization, and rapid changes in technology and business environments. Many organizations do not have a consistent approach to portfolio, program, and project governance.

PMI’s Governance of Portfolios, Programs, and Projects: A Practice Guide, developed by leading experts in the field, provides guidance to organizations and practitioners on how to implement or enhance governance on portfolios, programs, and projects. This practice guide provides definitions for governance in an effort to distinguish the different levels of governance and to identify their common elements.

This practice guide:

●Can be used by senior executives, functional managers, and senior leadership as a reference for portfolio, program, and project governance

●Presents the definition, implementation, and management of effective portfolio, program, project, and organizational project management governance

●Shares leading practices for creating a governance framework

●Has guidance for most organizations that may be implementing or enhancing governance for portfolios, programs, and projects

●Shares practices for creating a governance framework

Organizational Enablers for Project Governance

While corporate culture plays a significant role in the success of any corporation, governance and “governmentality” not only determine how business should be conducted, but also define the policies and procedures organizations follow to achieve business functions and goals. In their book, Organizational Enablers for Project Governance, Ralf Müller, Jingting Shao, and Sofia Pemsel examine the interaction of governance and governmentality in various types of companies and demonstrate how these factors drive business success and influence project work, efficiency, and profitability.

The data for the studies was collected through interviews with six companies in Sweden and China and a global web-based questionnaire that garnered 208 responses. Using this data the authors conducted four studies, employing various research methodologies, to investigate the different systems of governance and their relationships to organizational success. Based on these results, the authors discovered that organizational enablers (including key factors such as leadership, governance, and influence of project managers) have a critical impact on how organizations operate, adapt to market fluctuations and forces, and make essential changes over time.

This must-read book is a practical guide for executives and project managers alike. The insights and industry examples provided can be applied to any project-based organization.

Publisher:Project Management Institute
PMI Product ID:00101600300
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