Project governance

Project governance is defined as a framework that includes the set of rules, processes, and methods that guide decision-making and project execution within an organization. It differs from project management in its broader strategic dimension, using project management as a tool to achieve strategic objectives.

Project governance is an overarching methodology that establishes the organizational structure at the enterprise level, ensuring that projects align with the overall strategy of the enterprise. It facilitates the effective management of the project portfolio by creating an appropriate environment for decision-making, value for money, and ensuring that projects contribute to sustainability and strategic business objectives.