Program Governance establishes the organizational processes and practices for oversight of the program. A standard governance ensures that strategic alignment is optimized and that the programs targeted value and benefits are delivered as expected.
The components of Program Governance Plan as per Project Management Institute (PMI) are…
- Program Goals Summary
- Structure and Composition of the Program Governance Board
- Definitions of individual Roles and Responsibilities
- Planned Governance Meetings
- Planned Phase-Gate Reviews
- Component Initiation Criteria
- Component Closure or Transition Criteria
- Periodic “Health Checks”
- Issue Escalation Process
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