Project Governance Tips - 5 Tips for Good Project Governance

The video tutorial covers the importance of project governance, outlining three primary roles: setting direction, decision-making, and oversight. It provides five tips for effective governance, including engaging with sponsors, supporting governance processes, and implementing a stage gate process. The tutorial emphasizes the need for essential documentation and offers strategies to increase sponsor engagement by appealing to their motivations. It concludes with a reference to a Kindle ebook for further learning.

What is one of the primary roles of project governance?

• To increase project costs

• To set the project direction

• To reduce project quality

• To delay project timelines

Which of the following is a tip for good project governance?

• Ignore the project management office

• Engage actively with your project sponsor

• Avoid engaging with stakeholders

• Focus solely on project execution

How can a project manager increase sponsor engagement?

• By avoiding communication

• By ignoring their concerns

• By reducing project visibility

• By appealing to their sense of duty

What is a strategy to appeal to a sponsor's sense of pride?

• Focus on project risks

• Discuss the project's financials

• Highlight the project's status and influence

• Show them the project's challenges

Which approach can be used if all else fails to engage a sponsor?

• Appeal to their sense of humor

• Appeal to their financial interests

• Appeal to their vanity

• Appeal to their sense of adventure

What should be included in the project schedule to support governance?

• Extra time for project delays

• Time for unnecessary meetings

• Time for governance activities

• Time for team vacations

Why is good record-keeping important in project governance?

• To create an audit trail

• To increase project costs

• To confuse stakeholders

• To delay project completion

What is the purpose of a stage gate process?

• To reduce project quality

• To increase project costs

• To split the project life cycle into phases

• To eliminate project risks

Which document is essential for defining what the project is doing?

• Project timeline

• Project budget

• Project definition

• Risk register

What is the role of a risk register in project governance?

• To reduce project quality

• To delay project timelines

• To manage project risks

• To track project costs