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Frequently Asked Questions - Organisational Governance
In P3M3 the scope of Organisational Governance covers how the delivery of initiatives is aligned with the strategic direction of the organisation. It considers how the start‐up and closure controls are applied to initiatives and how alignment is maintained during the initiative’s lifecycle.
There are similarities between the characteristics required for good management control and organizational governance, but their interpretation is different. Organisational governance is about having the right initiatives running, while management control is about running them the right way. This perspective is focused on organisational controls rather than the internal controls for initiatives.
This P3M3 perspective also looks at how a range of other organisational controls help maintain ownership and direction (e.g. through legislative or regulatory frameworks). Each organisation will have different standards and these should be defined at the outset when the assessment is scoped.
These guides, articles and videos provide help with some of the concepts and techniques
We know that successful organisations have effective decision gate processes to ensure that they are delivering the right projects and programmes in the right way. Consequently, in the 2008 version of P3M3, a key attribute was added to achieving level 3 maturity, and that was the existence of a gate process. This has proved to be the Achilles heel for many organisations who have tried to implement them. This article highlights some of the issues that we have seen and some of the pitfalls that can be avoided.
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The 2011 version of Managing Successful Programme was the first guidance to incorporate the need to have an integrated assurance strategy in place from the outset of the programme to ensure that opportunities to improve the chances of success are identified as early as possible.
It is worth bearing in mind, the generally accepted key principles of effective assurance when you are developing your integrated strategy. They can be found in the following article.
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