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Book Description Paperback. Condition: New. Language: English. Brand new Book. 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. Seller Inventory # AAS9781628250886
Governance Of Portfolios Programs And Projects: A Practice Guide By Project Management Institute Pdf Epub Ebook D0wnl0ad
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Pmis Practice Guide For The Governance Of Portfolios Programs And Projects
PMIs newly released Practice Guide for the Governance of Portfolios, Programs, and Projects, provides some useful guidance to organisations and practitioners on the implementation of the management of portfolios, programs, and projects, but very little on the governance of this important aspect of most organisations.
The understanding of project management, program management and portfolio management is well developed and easily accessible to all organisations, many of which have well developed capabilities in these areas, but most still see their projects and programs fail on a regular basis. Our 2012 post Project or Management Failures? highlighted the issues.
The source of many of these failures lies in the organisations ability to manage the overall function of doing projects defined by Professor Peter Morris as the management of projects to differentiate this area of middle and executive management from traditional project and program management. The overall domain covered by the the management of projects concept is outlined in our White Paper WP1079 The Strategic Management of Projects.
The tragedy of the decision by PMI to ignore legislation, international standards and a range of governance authorities ranging from the OECD to Cadbury and try to invent its own definition of governance, is that in the PMI model, virtually every management role above that of the project manager is turned into a governance role.
Governance Of Portfolios Programs And Projects: A Practice Guide
This practice guide provides guidance to organizations and practitioners on how to implement or enhance governance on portfolios, programs and projects. A complementary document to PMI’s foundational standards, it provides further understanding and differentiation between the types, domains, and functions of governance. 1
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