Many projects fail because they don't have a validated business benefit, or are misaligned with corporate strategy.

Project Governance ensures a project is only started if the value is well understood and it will move the organization forward.

We can design a project governance scheme tailored to your business, balancing centralized control against the need for local flexibility and business agility.

We work with our clients' senior managers on the "hearts and minds" principle to explain fully how they will gain from the governance scheme, and also how to achieve their own objectives through the scheme. We can monitor and police the governance mechanism to report on its effectiveness.

Key Benefits: project governance

Funding is focused on achieving real benefits and driving the company
Fewer projects means a greater chance of success
Projects that aren't aligned with the company strategy are never started
The cost-effectiveness of the change programme is transformed!

Case Study: Royal London change governance

A business unit of what is now Royal London looked to diversify its business portfolio into the ‘Self Assurance’ marketplace. In order to position the organisation for this move, a 3-month ‘bridging the gap’ exercise was carried out to align all current operational activities with the new strategic objectives. It became evident that a clearly defined Project Governance process would be required to provide this overall view.

Project Governance aimed to set out a formal yet easily understood structure for:

Initial Appraisal
Project Approval/Rejection/Archival
Allocation of project resources
Progress reporting and milestone tracking
Benefit tracking

The team commissioned an application repository for Project Governance which was designed and developed using Lotus Notes within a 4-week timescale at little cost, and following a 2-week training course held with 50+ managers from across the business was made available company-wide. This repository contained all the required project document templates (including supporting help text).

The team then managed, supported (and enforced where needed) the routine running of the project governance scheme.

Outcome

The company met all of its strategic objectives and went on to secure the No 1 position in a multi £billion market with an overwhelming 30pc market share.

Project Governance