IT Project Governance for Manufacturing Organizations

EXECUTIVE SUMMARY

The overall concept of IT project governance is the processes that ensures appropriate priority and decision-making across projects or initiatives that enables an organization to achieve its goals. Project governance provides objective oversight and maintains organizational focus on the business priorities while balancing resources and constraints.

It is our experience that practicing solid governance methods – including project management disciplines, proactive risk management, along with clear and frequent communication – not only increases the success factors of projects, but also establishes greater trust, teamwork, and confidence in the project team(s). A robust governance approach leads to effective business process improvements with higher return on investment (ROI), faster payback, and better business practices throughout the organization.

THE BUSINESS CASE FOR IT PROJECT GOVERNANCE

Why Project Governance is Important All too often companies embark on multi-million dollar initiatives without agreed priority, defined accountability, and overall clarity of responsibilities. While change is expected, the value or purpose of the change and how it fits into the bigger picture often lacks understanding. Additionally, the effective management of change is too often marginalized to encompass only a periodic newsletter or series of email announcements. Justifiable success factors for project governance include: