Question 1

What is project governance?

Accepted Answer

Project governance refers to the framework, functions, and processes that guide project management and decision-making, ensuring that projects are delivered effectively and align with organisational goals.

Question 2

Why are decision-making processes important in project governance?

Accepted Answer

Decision-making processes are crucial in project governance as they ensure that decisions are made transparently and collaboratively, fostering accountability and aligning project outcomes with stakeholder expectations.

Question 3

How can clear communication channels improve project governance?

Accepted Answer

Establishing clear communication channels improves project governance by facilitating timely information sharing, reducing misunderstandings, and ensuring that all stakeholders are informed and engaged throughout the project lifecycle.

Question 4

What role does risk management play in effective project governance?

Accepted Answer

Risk management plays a vital role in effective project governance by identifying potential risks early, allowing for the implementation of strategies to mitigate these risks, thus safeguarding project objectives and resources.

Question 5

What metrics can be used to assess the effectiveness of project governance?

Accepted Answer

Metrics that can be used to assess the effectiveness of project governance include project completion rates, stakeholder satisfaction levels, adherence to budgets and timelines, and the frequency and resolution of identified risks.

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